A number of Colorado tech companies just raised funds to make new moves toward their goals. Read below to find out what new progress was made last week in Colorado tech. This is the Built In Colorado weekly refresh.
CLMBR got another celebrity investment. Following two months after rapper Jay-Z and tennis champion Novak Djokovic invested in the fitness startup, rapper Pitbull is partnering with CLMBR to bring its vertical climbing machines to sports-focused charter schools. The amount of the investment is undisclosed. This opportunity will increase children’s access to fitness and teach the value of staying in shape, according to Avrum Elmakis, the company’s CEO. [Built In Colorado]
Virta Health pulled in $65M. The healthtech startup plans to invest the new capital in hiring new team members at its Denver office. With positions available in operations, engineering, marketing and more, Virta Health is working with doctors toward reducing the severity of Type 2 diabetes until it is eventually reversed. The Series D was led by Sequoia Capital Global Equities and brings the company’s total funding to more than $230 million. [Built In Colorado]
Colorado Tech Quote of the Week
AgentSync secured $6.7M. In an effort to help the real estate industry digitally evolve, this insurtech startup plans to use its new seed funding to increase its headcount, as well as develop a recruiting tool for its automated broker compliance platform. AgentSync works to help keep brokers’ licenses up to date as companies hurry to simplify the processes of buying and selling insurance. Currently, the company has open positions in engineering, product, customer success and more. [Built In Colorado]
NUBURU raised $20M. The company specializes in high-powered blue laser technology. Customers use the tech for processes including welding and manufacturing metal additives for the automotive industry. With the new funding from its Series B led by Anzu Partners, NUBURU will be able to accelerate product development and expand its presence across markets in energy storage, e-mobility and 3D printing. To date, the company has raised approximately $50 million. [Business Wire]
