When Bureaucracy Grounds Tech (BoulderHelp)
The Falcon UAV is a small unmanned aircraft system that has received an FAA Certificate of Authorization (COA) in conjunction with the Mesa County (CO) Sheriff’s Office for flight operations covering all 3,300 square miles of jurisdiction.
WHOOP
Performance optimization system that tracks recovery, training, and sleeping hours for athletes
Whoop Raises $100M Series E
Promus Ventures was fortunate to invest in Whoop’s seed round back in 2013 and has been privileged to invest in every round since, including today’s $100M Series E announcement.
Whoop Raises $200M at $3.6B Valuation
Congratulations to Will Ahmed, John Capodilupo, and the entire Whoop team on their new $200 million Series F financing at a $3.6 billion valuation led by Softbank.
Why Did We Let Them Invest? (5 Basics of Seed Round Construction)
The seed round (defined here as the larger round after friends and family and in MVP or beta stage) is debatably the most important round for your company.
Winners Find a Way
Great teams, no matter how poorly they played for the majority of the game, find ways to win. No more apparent than the (fantastic) 2014 FIFA World Cup, where games go deep into extra time only to have the favorites somehow find their way into the net.
You Began Building Your Startup Years Ago (You Just Didn’t Know It)
We spend a lot of time at Promus Ventures getting to know the founders and their background. We talk a lot about Founder-Market fit, the how and why of each person working at a startup.
You’re Not Any Prettier at a Cheaper Valuation
It’s not about the valuation. Shocking? Shouldn’t be. The best startups are expensive — as well they should be and will always be.
Your Mechanic
Online marketplace for car repair services. Acquired by Wrench in 2022.