The 30-year-old club is betting it can use its network of more than 200 angel investors and 250 entrepreneurs to fund startups in need of a couple hundred thousand dollars to get started.
The Broomfield-based firm plans to erase more than $120 million in debt and tweak its business model from a real estate owner to an upscale rental agency; and wants to convert customers into shareholders.
September saw venture capital in Colorado startups spike to a nine-month high of $86.8 million.
Tech, food and cannabis companies racked up the venture capital over the course of 2015, and Denver-based investment funds were flooded with another $6 billion.
An East Coast investor has pumped another $8 million into a DTC cybersecurity company, much of which the firm used to acquire a U.K. business.
Two Denver transplants have picked their startup investment fund’s first project, taking a majority stake in a New York company that created a simple shortcut for small businesses.
A financial company is winding down its operations in the Denver Tech Center and will be letting go of its entire staff in waves between September and June.
A private equity firm has topped off its second fund, drawing more than $36 million from 17 investors.