Banking & Finance  June 16, 2020

Boulder VC firm Delta-v raises just under $14M

BOULDER – Delta-v Capital, a private-equity firm with offices in Boulder and Dallas, raised slightly less than $14 million over the past few months in a new round that appears to be going toward a software firm in North Carolina.

In a disclosure to the U.S. Securities and Exchange Commission, Tuesday, the Boulder firm said it took in $13.85 million from two investors in a round that began in late April.

The fund’s name, Delta-v TW LLC, suggests that the funds are earmarked for TeamWorks Inc., a North Carolina-based software developer for athletic team scheduling and collaboration. That company raised $25 million in a Series C round last April, which was led by Delta-v.

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BOULDER – Delta-v Capital, a private-equity firm with offices in Boulder and Dallas, raised slightly less than $14 million over the past few months in a new round that appears to be going toward a software firm in North Carolina.

In a disclosure to the U.S. Securities and Exchange Commission, Tuesday, the Boulder firm said it took in $13.85 million from two investors in a round that began in late April.

The fund’s name, Delta-v TW LLC, suggests that the funds are earmarked for TeamWorks Inc., a North Carolina-based software developer for athletic team scheduling and…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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