Investments
14Portfolio Exits
1Funds
1About Bootstrap Incubation
Bootstrap Incubation is a private equity firm which invests in talented people, or small companies of talented people, with a sustainable business model who need help growing their business, are looking for strategic assistance, or partial liquidity. Bootstrap offers expertise, contacts, and experience-based advice on important strategic issues to help entrepreneurs grow their ideas and existing businesses to reach their potential.
Bootstrap Incubation Headquarters Location
10251 Vista Sorrento Parkway Suite 100
San Diego, California, 92121,
United States
Latest Bootstrap Incubation News
Jun 22, 2017
Thursday June 22, 2017 0 comments Tags: Denver , CirrusMD , Dr. Blake McKinney , Andrew Altorfer , telemedicine , Ryan Kirkpatrick DENVER -- CirrusMD , which offers a text-first approach to telemedicine for large health systems and insurers, announced the closing of a $7 million Series A financing led by Colorado Impact Fund and joined by Bootstrap Incubation, Three Leaf Ventures, Rockies Venture Fund, Service Provider Capital, Sand Hill Angels and New York Angels. The Denver-based company specializes in working with large health systems, integrated delivery networks, and health plans, particularly those focused on value-based care models. CirrusMD said It will use the funds to support the high market demand for its offering through expansion of sales and marketing, increased investment in customer support and continued innovation of its platform and data analytics. “Five years ago, we set out to execute on the vision of my co-founder, Dr. Blake McKinney, to provide patients with instant, ongoing access to in-system doctors through secure text messaging,” said Andrew Altorfer, CirrusMD CEO and co-founder. “Our approach is proven to significantly lower total cost of care. We are pleased with the support of our investors at this critical inflection point in telemedicine. “Health systems and payers are looking for virtual-care solutions that effectively engage patients and integrate provider workflows. CirrusMD is primed for rapid growth due to our ability to deliver value for our partners.” Currently, 1.3 million patients have access to the platform, representing 850 percent growth over last year, the company said. CirrusMD said it is taking advantage of a movement toward more care being delivered outside the hospital and patients’ growing comfort with virtual care offerings. According to a recent report by Mordor Intelligence , the telemedicine market is expected to reach $67 billion by the year 2021. “The Colorado Impact Fund is proud to select CirrusMD as our first investment in the expanding digital health landscape in Colorado,” said Ryan Kirkpatrick, partner of the Colorado Impact Fund. “CirrusMD’s virtual care platform lowers the cost of delivering health care while simultaneously increasing access to quality care in Colorado and beyond, both key criteria of our impact strategy in the industry. “The founders, Andy Altorfer and Dr. Blake McKinney, have developed a differentiated platform that can scale rapidly and deliver value to all stakeholders of the healthcare system.”
Bootstrap Incubation Investments
14 Investments
Bootstrap Incubation has made 14 investments. Their latest investment was in Scientist.com as part of their Series D on December 12, 2019.
Bootstrap Incubation Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
12/10/2019 | Series D | Scientist.com | $7.37M | No | 2 | |
6/20/2017 | Series A | CirrusMD | $7.2M | Yes | 2 | |
6/13/2017 | Seed VC - III | Doctible | $2.2M | No | 2 | |
5/15/2017 | Series C | |||||
12/30/2016 | Seed VC |
Date | 12/10/2019 | 6/20/2017 | 6/13/2017 | 5/15/2017 | 12/30/2016 |
---|---|---|---|---|---|
Round | Series D | Series A | Seed VC - III | Series C | Seed VC |
Company | Scientist.com | CirrusMD | Doctible | ||
Amount | $7.37M | $7.2M | $2.2M | ||
New? | No | Yes | No | ||
Co-Investors | |||||
Sources | 2 | 2 | 2 |
Bootstrap Incubation Portfolio Exits
1 Portfolio Exit
Bootstrap Incubation has 1 portfolio exit. Their latest portfolio exit was ClearObject on January 17, 2019.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/17/2019 | Acq - Fin | 1 |
Date | 1/17/2019 |
---|---|
Exit | Acq - Fin |
Companies | |
Valuation | |
Acquirer | |
Sources | 1 |
Bootstrap Incubation Fund History
1 Fund History
Bootstrap Incubation has 1 fund, including Bootstrap Venture Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
6/17/2014 | Bootstrap Venture Fund | Early-Stage Venture Capital | Closed | $5.61M | 1 |
Closing Date | 6/17/2014 |
---|---|
Fund | Bootstrap Venture Fund |
Fund Type | Early-Stage Venture Capital |
Status | Closed |
Amount | $5.61M |
Sources | 1 |
Bootstrap Incubation Team
1 Team Member
Bootstrap Incubation has 1 team member, including current Founder, Jean Balgrosky.
Name | Work History | Title | Status |
---|---|---|---|
Jean Balgrosky | Founder | Current |
Name | Jean Balgrosky |
---|---|
Work History | |
Title | Founder |
Status | Current |
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