Colorado is continuing to grow as a hub for technology. Last week, Denver startups saw new advancements, be they funding rounds or new office locations. Read more for the latest. This is the Built In Colorado weekly refresh.
SafeGraph secured $45M. Having just settled down in Denver months ago, DaaS startup SafeGraph is looking to fund future growth. Its tech can map out millions of points of interest and list relevant information about those locations. It’s planning to put the Sapphire Ventures-led Series C capital toward new market strategies and further expansion. [Built In Colorado]
SumUp raised $893M, plans to grow Boulder presence. Based in London, this payments solution company is planning 40 new hires at its Boulder office. It provides businesses with its card reader product to enable mobile devices to process in-person credit or debit transactions. The debt funding came from Goldman Sachs, Bain Capital Credit and others and will allow SumUp to accelerate its product development, growth and acquisitions. [Built In Colorado]
Colorado Tech Quote of the Week
BetterCloud expands into Denver. The SaaS management company is currently on the hunt for local office space for up to 200 employees. The NYC-based SaaS manager’s platform provides IT professionals with a solution to discover, manage and secure all their apps in one place. BetterCloud aims to hire up to 50 new Denver-based team members by the end of this year. [Built In Colorado]
Gymshark adopts an upgraded Denver HQ. The company that designs fitness apparel and accessories opened its North American HQ in Denver back in 2019, and it’s since revamped its office space at the Republic Plaza office tower. Its location has features including cafe-style lounge areas and meeting rooms with walls employees can write on. It also provides a panoramic mountain view. [Denver Business Journal]
Even got $1.5M. Based in Denver, this wellness startup announced the commercial launch of its brand that makes products to replenish lost nutrients and combat negative side effects from medications including antidepressants, birth control and statins. Its funding round was led by investors including Align Ventures. [Yahoo Entertainment]
