Colorado Venture Capital Report 2025

Innosphere Releases 2025 Colorado Venture Capital Report

Fort Collins, CO. — Innosphere today announced the release of the 2025 Colorado Venture Capital Report, offering a comprehensive look at investment activity, sector performance, and exit trends across the state’s innovation economy.

The report reveals that Colorado startups attracted $7.46 billion in venture capital investments in 2025, marking the second-highest year on record and an increase of more than $2.24 billion from 2024, driven primarily by larger late-stage financings.

Key findings from the 2025 report include:

• SaaS companies captured more than $2.5 billion in venture capital, while growth industries—including SaaS, CleanTech, ClimateTech, Life Sciences, Quantum & Photonics, and Aerospace—represented 78% of statewide VC deal activity, reinforcing Colorado’s strength in scalable, technology-driven sectors.
• Colorado recorded 41 venture-backed exits in 2025, with strategic M&A accounting for more than 70% of transactions, reflecting steady liquidity conditions aligned with national trends.

“This year's report highlights a year of robust capital deployment alongside a clear shift toward scale, concentration, and maturation within Colorado’s venture ecosystem,” said Lucas Gauthier, Research Director at Innosphere. “Data from 2025 reinforces Colorado’s standing as a nationally competitive innovation hub with strengthening late-stage companies, resilient growth industries, and a supportive capital environment poised to expand.”

The 2025 Colorado Venture Capital Report is now available through Innosphere and provides insights for founders, investors, policymakers, and ecosystem leaders shaping the future of Colorado innovation.

You can download the full report HERE

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