Aweida Venture Partners

Aweida Venture Partners is a venture capital firm based in Superior, Colorado, founded in 1988. The firm focuses on investing in high-tech companies, particularly in the areas of data storage, software, e-commerce software, and life sciences. It primarily targets seed-stage to late-stage ventures and typically invests between $0.5 million and $10 million. While Aweida Venture Partners prefers to invest in the Rocky Mountain region, it is open to opportunities nationwide, especially in companies with proprietary technology. The firm often acts as a lead investor in early financing rounds and seeks Board representation in its portfolio companies.

Jesse Aweida

Owner

9 past transactions

Alchemy IoT

Seed Round in 2017
Alchemy IoT Inc. is a software company specializing in Internet of Things (IoT) asset intelligence for industrial applications. Founded in 2016 and based in Lafayette, Colorado, the company has developed a cloud-based application known as Clarity, which enhances fleet management, plant maintenance, and overall manufacturing performance. By leveraging artificial intelligence and machine learning, Clarity provides actionable insights into asset health and operations, allowing small to mid-sized industrial clients to access and analyze data effectively. Alchemy IoT also offers a range of application program interfaces (APIs) that integrate seamlessly with cloud-based IoT platforms and industrial equipment, facilitating data capture across various sectors, including mining, construction, manufacturing, and oil and gas. As of 2019, Alchemy IoT operates as a subsidiary of Maintenance Assistant Inc.

Vertos Medical

Venture Round in 2017
Vertos Medical Inc. is a medical device company specializing in minimally invasive treatments for lumbar spinal stenosis, a common spinal condition. Founded in 2005 and headquartered in Aliso Viejo, California, the company develops and markets its mild device, which provides an outpatient treatment option that is fluoroscopically guided and does not require implants. This device encompasses a range of instruments including tissue sculptors, surgical clamps, and bone sculpters, allowing physicians to effectively relieve pressure on the spinal nerves and restore mobility with local anesthesia. Vertos Medical’s innovative approach offers patients a less invasive option compared to traditional lumbar decompression surgeries, making significant advancements in spinal healthcare.

Illumitex

Debt Financing in 2014
Illumitex Inc. is a manufacturer based in Austin, Texas, specializing in precision LEDs and LED lighting fixtures. Founded in 2005, the company offers a diverse range of lighting products tailored for horticultural, industrial, and architectural applications. Its horticultural lighting solutions include grow lights designed for large growers, vertical farms, greenhouses, and indoor gardening setups. Illumitex's innovative approach enhances traditional LED design, providing uniform and highly-precise light emissions. The company's products are utilized in various settings, including warehouses, commercial landscapes, and food processing facilities, and are distributed through stocking retailers across the United States. By integrating advanced optics technology, Illumitex aims to improve the brightness and efficiency of its lighting solutions for a variety of operational needs.

Vertos Medical

Series D in 2010
Vertos Medical Inc. is a medical device company specializing in minimally invasive treatments for lumbar spinal stenosis, a common spinal condition. Founded in 2005 and headquartered in Aliso Viejo, California, the company develops and markets its mild device, which provides an outpatient treatment option that is fluoroscopically guided and does not require implants. This device encompasses a range of instruments including tissue sculptors, surgical clamps, and bone sculpters, allowing physicians to effectively relieve pressure on the spinal nerves and restore mobility with local anesthesia. Vertos Medical’s innovative approach offers patients a less invasive option compared to traditional lumbar decompression surgeries, making significant advancements in spinal healthcare.

Illumitex

Series B in 2008
Illumitex Inc. is a manufacturer based in Austin, Texas, specializing in precision LEDs and LED lighting fixtures. Founded in 2005, the company offers a diverse range of lighting products tailored for horticultural, industrial, and architectural applications. Its horticultural lighting solutions include grow lights designed for large growers, vertical farms, greenhouses, and indoor gardening setups. Illumitex's innovative approach enhances traditional LED design, providing uniform and highly-precise light emissions. The company's products are utilized in various settings, including warehouses, commercial landscapes, and food processing facilities, and are distributed through stocking retailers across the United States. By integrating advanced optics technology, Illumitex aims to improve the brightness and efficiency of its lighting solutions for a variety of operational needs.

Privacy Networks

Series A in 2005
Privacy Networks, Inc., established in 2002 and headquartered in Fort Collins, Colorado, specializes in email security solutions. It offers a suite of services including email search and retrieval, anti-spam and anti-virus protection, archiving, and email management. The company also provides mobile communication security solutions. Its client base comprises school districts, counties/municipalities, real estate, and legal markets. Privacy Networks has strategic partnerships with notable technology companies such as IBM, Hewlett-Packard, VMware, and Blade.org.

X-Sten

Series A in 2005
X-Sten Corp., an Englewood, Colo.-based medical device startup.

Chaparral Network Storage

Venture Round in 2002
Chaparral Network Storage, Inc., a privately held company headquartered in Longmont, Colo., designs and markets storage appliances that provide simple solutions to common storage networking problems. Chaparral specializes in advanced performance devices that deliver data efficiently within the network, and sells protocol bridges, data routers, RAID controllers and disk array appliances that are network ready. Since its inception in 1998 Chaparral has shipped over 10,000 RAID disk controllers. Chaparral's solutions are available through select storage OEMs, resellers, and distributors worldwide. Chaparral's channel partners and customers include industry leaders such as Adaptec, Groupe Bull, Overland Data, Qualstar, and Quantum ATL.

Channel Intelligence

Venture Round in 2000
Channel Intelligence (CI) is a company that specializes in enhancing product sales in the ecommerce sector through data-driven services. The firm offers a range of solutions, including CI Boost™, which supports brands and retailers with tools such as where-to-buy services, product search engines, shopping engines, and Facebook platform integration. CI Where-to-Buy is recognized as a global leader, operating in 31 countries and connecting major brands to over 850 retailers, effectively delivering highly qualified customers. As a featured partner in Google Shopping, CI has developed patented optimization technology that assists merchants in maximizing sales and improving Return On Ad Spend (ROAS) through Product Listing Ads (PLAs), an increasingly vital channel for online merchants. The company serves a diverse clientele, including manufacturers, retailers, and publishers, contributing to its prominent position in the online shopping industry.
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