David G.
Venture Capital | Founder | CEO | Board Member | Early-stage Tech
Denver Metropolitan Area
Overview
Work Experience
Denver Ventures Seed Fund - Founder and Managing Partner
2022 - Current
Denver Ventures Seed Fund is a multi-sector multi-stage seed fund investing in extraordinary entrepreneurs building companies with disruptive potential. The fund brings unparalleled expertise to its evaluation and support of portfolio companies from its access to hundreds of highly successful entrepreneurs, CEOs and business leaders through its strategic relationship with the Denver Angels network. And in association with that network is able to support great companies from Seed through Growth stage investments. If you are raising capital for your business, please start here: https://daventures.vc/raise-capital/ Fund Investments: https://daventures.vc/portfolio/
Founder & President
2002
My single person LLC through which I do all my work. Angel investor, Venture Capitalist, Board Member, advisor and fractional CFO for early stage technology growth businesses in blockchain, software as a service (SaaS), Artificial Intelligence, healthcare IT and more. Involved in numerous exits, turn arounds and, yes, failures too!
Venture Partner
2018 - 2023
Provide investment deal flow and assistance in investment due diligence.
Managing Director and Portfolio Company Board Member
2007 - 2018
Oldest actively investing Venture capital firm in Colorado investing in early stage technology companies. Managed over $100M in investments including deal sourcing, diligence and serving on multiple Boards. Led investments in Blockchain, B2B SaaS, healthcare IT and Artificial Intelligence. Notable fund investments included, LogRhythm (acquired by Thoma Bravo), Craftsy (acquired by Comcast NBC Universal), Nexgen Storage (acquired by FusionIO), AlchemyAPI (acquired by IBM Watson), Thought Equity Motion (Acquired by Shamrock), TrackVia (acquired by Primus Capital), Dizzion (acquired by LLR Partners), Inspirato (IPO), Red Canary (www.redcanary.com), TurboTenant( www.turbotenant.com), Task Easy (Aquired by Workwave), ShapeShift.com (www.shapeshift.io - exit via tokenization), Techstars (www.techstars.com) and Cloud Elements (Acquired by UiPath).
Access Venture Partners is Colorado-based venture capital firm investing in innovative early-stage technology companies.
Board Member
2017 - 2023
The Rockies Venture Club is an angel investing group dedicated to accelerating economic development by educating and connecting investors and entrepreneurs.
Rockies Venture Club is a non-profit organization that accelerates economic development by funding entrepreneurial companies.
Raised $470,000.00 from Colorado Office of Economic Development and International Trade.
Founder, CEO and Board Member
2018 - 2020
Blockchain software startup incubated at Access Venture Partners based on my concept. Revolutionizing blockchain usability via a decentralized workflow layer. Dapix raised only $6M in venture capital to build what became the initial software driving the layer one FIO Protocol blockchain. The software was sold for a healthy return to an industry guided non-profit (the Foundation for Interwallet Operability) which open sourced the software and decentralized the protocol. After the sale, the FIO Protocol and its underlying decentralized blockchain was launched independently by a community of 26 block producers from over 15 countries in March, 2020. Blockchain wallets with FIO integrations were released the next day. Today over 100 crypto products have or are integrating FIO Protocol capabilities and over ~2M users have registered human readable FIO Crypto Handles. http://fioprotocol.io/
Founder & Chairman
2013 - 2018
The premier venture capital event in Colorado bringing together Founders and CEOs of Colorado tech companies with venture capitalists from across the country. www.coloradoventuresummit.com
Board Member and Fractional CFO (RO Innovation Acquired by Upland Software)
2003 - 2018
SaaS solution empowering the voice of the customer in marketing and sales. • Assisted company transition from a services firm to a SaaS business with high margin recurring license revenue. • Structured leveraged acquisition of closest competitor. • Facilitated acquisition transaction with Upland Software.
Founder, CEO and Board Member
1995 - 2002
Founded, lead and managed all aspects of b2b e-procurement business. • Founded company and bootstrapped it into existence. • Raised over $20 million in capital. • Grew company to a leader in its space with hundreds of thousands of users in small and Fortune 500 companies. • Guided company through the dot com era and to profitability during the dot bomb era. • Company was subsequently acquired.
Regional Manager
1992 - 1995
Management and oversight of multi-million dollar manufacturing consulting centers • As third employee played instrumental role in growing organization from 3 to over 50 locations. • Raised over $9 million in funding for environmental consulting initiatives. • Managed western region including 6 locations. • Planned and lead strategic efforts to leverage the Internet.
Budget Policy - US. Weather Satellite, Land Remote Sensing and Technology Standards Programs
1990 - 1992
Budget and policy oversight of Department of Commerce technology programs • Responsible for overseeing $1B+ in agency budgets • During a national crisis, developed unique method that saved over $150 million and eliminated the significant risk of losing geostationary weather satellite coverage in the U.S. • Received personal letter of commendation from the Secretary of Commerce