Assertion Supported AI assessment confidence: 90% certainty 4/5 debate potential 2/5

Boulder Series A rounds average $3M-$5M versus $6M-$10M in the Bay Area

Alex Raymond · 1427 Tool Helps You Drive Expansion Revenue, Passes 30 Customers $700k in ARR · Jun 21, 2019 · at 14:00

Alex Raymond, CEO of Kapta, discusses regional fundraising differences between Colorado and Silicon Valley with Nathan Latka.

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“Typical series A, you know, in Boulder standards, that's three to five million in the Bay area. That's six to ten million.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

A typical Series A funding round in Boulder, Colorado is $3 million to $5 million, compared to $6 million to $10 million in the San Francisco Bay Area.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Historical venture capital market data from PitchBook, Crunchbase, NVCA, and regional ecosystem reports confirms both assertions made in the claim. For the 2018–2019 period, typical early-stage Series A funding rounds in Boulder and the broader Colorado startup ecosystem clustered between $3 million and $5 million. Over the same timeframe, typical Series A funding rounds in the San Francisco Bay Area clustered between $6 million and $10 million (with national medians climbing into the $7.5M–$10.0M range).

PitchBook and NVCA Venture Monitor data for 2018–2019 showed US and Bay Area median Series A round sizes climbing to $7.5M–$10.0M, with Bay Area tech Series A rounds typically spanning $6M–$10M.
Regional reports from Access Venture Partners and Innosphere Ventures (utilizing PitchBook data) and Built In Colorado compilations confirmed that Colorado and Boulder Series A transactions typically clustered between $3M and $5M prior to 2021.

Checked against

[1] accessvp.com [2] pitchbook.com [3] holloway.com [4] nvca.org [5] coloradosun.com [6] bouldereconomiccouncil.org [7] builtincolorado.com

PitchBook NVCA Venture Monitor 2019 median Series A deal size by region OR MSA median Series A round size "Colorado" 2018 OR 2019 "PitchBook" "median Series A" "2018" OR "2019" "Bay Area" OR "West Coast" OR "Mountain" "median Series A" "2018" OR "2019" "PitchBook" "round size" OR "deal size"

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Bay Area Boulder Series A

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Assertion Contradicted

Typical Colorado Series A rounds are $3M on $8M pre-money valuations

“I think in Colorado, we typically, and I'm just saying this based on people I've known raises that they've done. We're typically seeing three on eight.”

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Assertion Not checkable as stated

Kapta pricing typically ranges from $25,000 to $100,000 annually per customer

“So typically our customers are paying today anywhere from about 25,000 to about a 100,000 dollars a year.”

Alex Raymond Jun 21, 2019 ▶ 3:25 1427 Tool Helps You Drive Expansion Revenue, Passes 30 Customers $700k in ARR

Disclosure

Kapta's 30 customers track over $1B in revenue on the platform

“So we've got about 30 customers who are using CAPTA today. That accounts for something like a billion dollars or more in terms of total revenue that's being tracked inside the application today”

Alex Raymond Jun 21, 2019 ▶ 5:40 1427 Tool Helps You Drive Expansion Revenue, Passes 30 Customers $700k in ARR

Prediction Not checkable as stated

Raymond: Kapta aims to hit $100K MRR by early 2019

“We'd love to get to a hundred K in MRR, right? So that's kind of an obvious target for us. I would like to do that by the beginning of the, of 2019, the beginning of next year.”

Alex Raymond Jun 21, 2019 ▶ 7:35 1427 Tool Helps You Drive Expansion Revenue, Passes 30 Customers $700k in ARR

Boulder Series A rounds average $3M-$5M versus $6M-$10M in the Bay Area

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