Arryved Got $20M, Ping Identity’s Acquisition, and More Colorado Tech News

June 28, 2021
photo: ping identity / facebook

The Centennial State is primed for tech innovation and these startups are poised to deliver. Find out who raised funding and made other moves. This is the Built In Colorado weekly refresh. raised $90MThe lending company enables those who qualify for a mortgage to submit an all-cash offer on a home, a useful tool in a time where homes are selling for higher prices than ever before. Accept is planning to scale its platform, expand into new markets and grow its team with its latest injection of funding from investors Signal Fire, Y Combinator and DN Capital. [Built In Colorado]

Fivetran is growing its Denver teamWith its platform that allows enterprises to store data from multiple sources in a centralized place in the cloud, Fivetran is building out its presence in the Mile High City. Currently 105 strong in Denver, it plans to grow that number to 160, with positions available across data and analytics, design, engineering, recruitment and more. [Built In Colorado]

Colorado Tech Quote of the Week

“Consumers are looking for experiences. It’s our mission to help our customers provide their guests with the highest-quality interactive experiences. We are proud of the fact that we have the highest customer satisfaction in our industry, and this investment will allow us to continue to help more customers grow their businesses and deliver great hospitality.” —Loren Bendele, Arryved CEO

Arryved secured $20MThe Boulder-based company creates tech services for restaurants and breweries, such as a point-of-sale solution for customer tabs, business data analytics, a mobile payment platform and more. Now with fresh funding co-led by Tribe Capital and Foundry Group, it’s planning to invest in product innovation and customer acquisitions. It’s also currently hiring across teams including engineering, sales and product. [Built In Colorado]

ToolWatch pulled in new capitalServing the companies in the construction, utilities, and oil and gas industries, the Denver-based startup just announced an injection of capital from The Riverside Company. ToolWatch provides software for tool and equipment tracking and operations management. The investment allows it to pursue acquisitions and expand its product portfolio. [PR Newswire]

Ping Identity acquired SecuredTouchThe Denver-based identity company acquired SecureTouch, developer of fraud detection and mitigation software. The latter company employs behavioral biometrics, AI, machine learning and deep learning for its platform. By integrating with Ping’s cloud-based platform, enterprises will be better informed of fraudulent behavior and will be able to prevent fraud loss. [Business Wire]

Finder expands into DenverAustralian fintech company Finder is opening a hub in Denver, with plans to hire 198 people there across software engineering, product management, app development and more. Its platform offers users comparison tools for personal purchases like car insurance and shopping deals. [Built In Colorado]

Colorado startup guides

Best Companies to Work for in Denver & Boulder
Coolest Tech Offices in Denver & Colorado Tech
Best Perks at Colorado Tech Companies
Women in Colorado Tech