March was a lucrative time for tech startups in Colorado, particularly for a few based out of Denver. New advancements are coming to the state, be they location mapping tech, insurance or tech-enabled healthcare. Read about what these companies are investing in.
#5. $45 million, March 16
As a new arrival in Denver, DaaS startup SafeGraph is looking to fund future company growth. Its tech can map out millions of points of interest and list relevant information about those locations, a useful tool for hotels and other businesses. Its Sapphire Ventures-led Series C capital will fund new market strategies and further expansion for SafeGraph.
#4. $63 million, March 2
With $63 million in Series A funding, the company is looking to further its tech that enables users to book vans, pickup trucks, trailers and more through its app. Its offering for SMBs allows businesses to rent up to a fleet of trucks. The round was led by Bison Capital and will allow Denver-based Fluid Truck to invest in its platform and diversify its fleet of available vehicles.
#3. $118 million, March 25
Following its latest raise of $118 million, this insurtech company has raised a total of $300 million to date. Its platform works to help small businesses provide workers’ insurance. Investors including Acrew Capital and Greycroft contributed to the Series C that will enable Pie to fuel its operations as well as further its technology and automation. It’s also hiring for more than 20 roles based out of its Denver office.
#2. $140 million, March 16
This Denver-based company uses AI-powered, high-touch patient care models to provide value-based kidney care, and has doubled its market presence and increased its headcount by 600 percent over the past year. Its latest round of funding was a $140 million Series B led by CapitalG, and Strive is using it to invest in meeting heightened demand for its kidney disease patient solution.
#1. $200 million, March 4
Offering on-demand at-home medical care services, this healthtech company has seen plenty of growth since the start of the pandemic. Following its Series D raise of $200 million, Denver-based DispatchHealth is planning to expand the reach of its services across 100 markets and invest in its Advanced Care offering. Its valuation now totals $1.7 billion.
