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Caruso Ventures

Boulder, Colorado · Invests in US · Website

SeedSeries APre-SeedDeveloper ToolsSpace & DefenseHardware & DevicesFrontier TechSemiconductors & HardwareAerospace & DefenseDeveloper Tools & Infrastructure

Thesis

Back highly effective CEOs building tech-enabled companies that solve hard infrastructure problems. Deep tech (quantum, space) offers generational returns with long deployment cycles suitable for patient capital.

Likely not a fit for

Consumer apps, pure SaaS without technical differentiation, traditional e-commerce, companies requiring institutional growth funding

How they invest

Lead or follow
Usually leads
Typical decision
~2 months
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Decision process
Partnership vote

Partners & team

5 contacts on file

DC

Dan Caruso

PartnerManaging Director · Primary contact

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LinkedIn profile

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JH

Joe Hovancak

PrincipalVice President

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CM

Cody Moore

PrincipalVice President

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SS

Sabrina Sayeed

InvestorDirector of Portfolio Investments

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CR

Connor Reuter

AssociateSenior Analyst

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Portfolio

Bifrost Electronics
Zayo GroupEnterprise Software

Zayo Group is a leading independent provider of communications infrastructure, offering a range of network connectivity services, fiber solutions, and managed services to businesses across various industries.

Agile Space IndustriesAerospace Defense

Leading innovator in in-space chemical propulsion, providing thrusters and rocket engines designed and manufactured in-house, focusing on rapid development and qualification.

Boom SupersonicAerospace Defense

Boom Supersonic is building the world’s fastest airliner, the Overture, optimized for speed, safety, and sustainability, while also developing Superpower natural gas turbines for AI data centers.

Atom ComputingSemiconductors Hardware

Atom Computing is a quantum computing company developing scalable quantum computers based on neutral atom technology. It announced a 1,225-qubit quantum computer in 2023 and collaborates with Microsoft for quantum computing advancements.

VescentManufacturing Industrial

Vescent Technologies Inc. develops and manufactures technologies in waveguides, electro-optics, tunable lasers, and electronics for precision laser control, focusing on quantum applications.

Voyager SpaceAerospace Defense

Voyager Space is an innovative national security and space solutions company committed to advancing and delivering transformative, mission-critical solutions for civil and commercial space missions.

Canopy AerospaceAerospace Defense

Canopy Aerospace & Defense manufactures and delivers highly specialized materials with exceptional insulative, absorptive, and signal reducing characteristics to the space and defense markets. The Company assists OEMs from the initial design phase with R&D material and system engineering services to turnkey manufacturing through refurbishment services on reusable platforms.

BillGOFintech Payments

BillGO makes payments simple for small businesses by processing same-day bill payments with ease, speed, and security. They have built the largest, fastest-growing, and only open biller network that accepts both consumer and business payments.

Tovala

Tovala is a fresh meal delivery service that combines convenience with culinary excellence, offering chef-crafted meals that require just one minute of prep. Customers receive meals delivered weekly, which can be perfectly cooked using Tovala's smart oven that accesses chef-perfected cook cycles via WiFi.

FireflyMarketing Adtech

Firefly is a data-first ad network offering advanced tracking, measurement, and optimization in digital out-of-home advertising. Their dynamic and creative mobility advertising solutions deliver targeted messages at the right time, utilizing GPS-enabled digital tops on taxis and rideshare vehicles.

Exum InstrumentsEnterprise Software

Exum builds instruments and software ecosystems to increase the speed of development and discovery, offering easy access to high-performance at a low-cost.

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Research briefRead more
Caruso Ventures Research Investment Thesis Caruso Ventures invests in tech-enabled companies led by highly effective CEOs, leveraging deep scale-up experience and operational expertise. Founded in 2020 by serial entrepreneur Dan Caruso, the firm employs a family office model with a 10-year mission to support innovation and create significant returns through targeted investments in Colorado and adj

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