Caruso Ventures
Boulder, Colorado · Invests in US · Website
Check size
🔒 $•• – $••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
LinkedIn profile
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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.
Leading innovator in in-space chemical propulsion, providing thrusters and rocket engines designed and manufactured in-house, focusing on rapid development and qualification.
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 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.
Vescent Technologies Inc. develops and manufactures technologies in waveguides, electro-optics, tunable lasers, and electronics for precision laser control, focusing on quantum applications.
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 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.
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 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.
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 builds instruments and software ecosystems to increase the speed of development and discovery, offering easy access to high-performance at a low-cost.
Recent activity
- Apr 2026
Zayo Group
Growth · Participant
- Jan 2026
Agile Space Industries
Series A · Lead
- Dec 2025
Boom Supersonic
Series A · Lead
- Sep 2025
Stealth Startup (Boulder-based)
Seed · Lead
- Jul 2025
Bifrost Electronics
Seed · Lead
- Jul 2025
Quantum Computing Startup (Stealth)
Seed · Lead
Caruso Ventures in the news
University of Colorado Boulder
Running the Show: The Business Strategy Behind Tulagi Fest’s Transformation
1 month ago
Deadline
How Putting Their Hopes In A ‘Space Unicorn’ Has Brother Duo Evan & Gregg Spiridellis Heading To Market In Cannes
3 months ago
Washington Technology
Space, energy and cyber venture rounds to highlight
6 months ago
BizWest
From fiber to funding: Dan Caruso’s next frontier
10 months ago
Animation World Network
Jibjab, Storybots Creators Launch Spiridellis Bros. Studios
10 months ago
Variety
StoryBots Creators Launch AI Animation Company
11 months ago
Variety
JibJab, StoryBots Creators Launch AI Animation Company With Backing From Ashton Kutcher, Guy Oseary and More (EXCLUSIVE)
11 months ago
Animation Magazine
JibJab & ‘StoryBots’ Creators Launch AI Animation Company
11 months ago
The Quantum Insider
Colorado Startup Raises $2.5 Million to Advance Quantum Hardware for U.S. Industry
Jul 2025
The Colorado Sun
Colorado’s post-COVID tech startup scene looks a lot like it did 20 years ago
Jun 2025
Wamda
VUZ secures $12 million from IFC to fuel global immersive media expansion
May 2025
University of Colorado Boulder
Seminar: Bandwidth - The Untold Story of Ambition, Deception, and Innovation that Shaped the Internet Age and Dot-Com Boom - Mar. 11
Feb 2025
The Quantum Insider
Venture Capitalists Offer 2025 Predictions For Quantum, Deep Tech
Dec 2024
VoxelMatters
Agile Space Industries raises $13 million to expand AM production
Jun 2023
GlobeNewswire
Vitro3D, a company developing novel volumetric 3D printing
Nov 2022
TechCrunch
VUZ raises $20 million to scale its immersive social app
Oct 2022
TechNext.ng
SweepSouth bags $11 million investment in pre seed funding
Sep 2022
nairametrics.com
Deal: Sweepsouth secures $11 million investment, biggest since last funding round
Sep 2022
TechCentral
SweepSouth raises R200-million in new funding round
Sep 2022
The Business Journals
Dan Caruso is finding renewed energy investing in Colorado's most-promising startups
Jan 2022
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Research briefRead more
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