Phoenix Haus, a Grand Junction-based prefabricated house designer and manufacturer that specializes in environmentally friendly homes, was among the finalists that received funding in the latest Greater Colorado Pitch Series.
Phoenix Haus received a $250,000 investment from Greenline Ventures. The funding was announced during an event conducted at the Avalon Theater in Grand Junction in conjunction with West Slope Startup Week.
Eight finalists were selected from among more than 100 applicants — the most ever for the three-year series — for a chance to pitch their ventures to providers offering capital for rural Colorado companies in various stages of startup and development.
Greenline Ventures, a Denver-based investment management firm that specializes in providing capital to underserved businesses and communities, offered growth-stage debt of $250,000 up to
The firm announced it would invest $250,000 in both of the two finalists — Phoenix Haus and the El Jacal Mexican Restaurant and Grill in Fort Morgan.
Phoenix Haus also was among the 50 winners in the 2021 Colorado Companies to Watch program honoring fast-growing privately held firms headquartered in the state.
Phoenix Haus relocated from Detroit to Grand Junction in 2017 and was approved to participate in the Rural Jump Start Program offering credit on income and sales taxes.
The company uses manufacturing processes that increase quality and output and result in prefabricated building systems that meet the highest environmental and energy standards.
For additional information, call (877) 548-8237 or log on to www.phoenixhaus.com.