INVESTING IN PIONEERS.
RESHAPING THE STATUS QUO.

Mission

To find and support entrepreneurs that have deep subject matter expertise, exponential internal drive, and a boundless capacity for capturing resources to claim a new frontier within their industry.

Where

Based in Denver, CO, FirstTracks invests both locally, nationally, and internationally through our network of partnerships among family offices, VC firms, and start-up founders.

What

FirstTracks is focused on seed stage investing. Our initial check size is $50-$200k with reserve capacity for follow on investing in subsequent rounds. When we make our initial investment, a company is typically at a revenue generating stage of its business.

Who

FTV is managed by Jon-Erik Borgen and is an affiliated venture fund of Borgen Investment Group, a single family asset management firm established in 2000. Since 2014, FTV has directly invested in over 35 companies representing a spectrum of industries. We support our portfolio and founders through our close partnerships within the start-up community and through our decades of experience in deal financing and our capital markets network.

FTV.1 PORTFOLIO | EST. 2014

Through 2014-2020, FTV.1 made over 30 investments in local, national, and international start-ups focused on SAAS, IoT, mobile workforce management, e-commerce, tele-health, and FinTech.

  • Colorado

    Arriving at better patient-centered decisions that are provider friendly.

  • Colorado

    A revenue data mining platform that analyzes every sales and marketing touchpoint.

  • California

    Simplifying business insurance efficiently and at the best price.

  • Colorado

    Wholesale food market data and smart shopping assistant for restaurant operators.

  • Israel

    World leading smart glass and ADAS technologies.

  • Colorado

    One-on-one personal interior designer, at your fingers tips and within your budget.

  • New York

    Powered dash cams that enable vision-based applications for better driving.

  • Colorado

    Simplifying document processing and data extraction at scale.

  • Colorado

    The exercise therapy you need, from the comfort of your home.

  • Colorado

    Data-powered risk management and cargo insurance for essential supply chains.

  • Colorado

    From weather patterns to sun exposure, plant type to soil condition, Rachio helps give your yard the water it needs, when it needs it.

  • New York

    The next era of financial markets infrastructure, focused on solving the most challenging challenges.

  • Colorado

    A modern, easy, stress free, and fair price approach to real estate.

  • Colorado

    Creating and bringing back the best medium to experience music.

  • Colorado

    A mobile HR form collection process to onboard new employees.

  • Colorado

    The new cloud with new rules. Silk was created to scale to the company, not the other way around.

FTV.2 PORTFOLIO | EST. 2021

  • All City Network

    Colorado

    The most complete digital content model in sports.

  • Colorado

    A guided storytelling experience - Capture, preserve and share life stories & insights.

  • BuilderX

    Colorado

    PropTech blockchain platform to permanently capture, organize, and retain critical building information.

  • Lucinity

    Iceland

    Cutting FinCrime investigations from hours to minutes, unlocking millions in savings.

  • Norway

    Dramatically increases the battery life of your devices while keeping monitoring functions intact.

Acquired | Exited

  • Airbanq

    California

    Delivering high quality and affordable financial services to under-served communities using digital and mobile financial services.

  • AirHelp

    New York

    The world’s largest air passenger rights advocate.

  • Galvanize

    Colorado

    World-class curriculums designed to teach tomorrows top developers, in as little as 12-weeks.

  • GeoSpiza

    Colorado

    A tech platform that analyzes and visualizes risk for climate-exposed businesses.

  • GoSpot Check

    Colorado

    A diverse and flexible software to help any team manage tasks, in the office or on the go.

  • HomeSpotter

    Minnesota

    The digital suite that brings every player in real estate together.

  • MarkitX

    Illinois

    An online marketplace for enterprises to trade, purchase, and sell IT infrastructure.

  • Maui Greens

    Hawaii

    GrowTech Organic produce and delivery systems.

  • Notion

    Colorado

    The all-in-one sensor keeping your home safe.

  • Parkifi

    Colorado

    Real-time parking occupancy platform.

  • Roximity

    Colorado

    A location-based marketing platform enabling merchants to send targeted messages to on-site customers.

  • Secure Set

    Colorado

    Enter into the cybersecurity industry with the knowledge obtained from SecureSet academy.

  • Spex

    Colorado

    Property inspection platform for insurance carriers and claims service providers.