SonderMind Got $150M, Shotzr Acquired, and More Colorado Tech News

August 2, 2021
photo: shutterstock

Between funding rounds large and small and companies joining forces, read on to find out what tech news you may have missed in the Centennial State. This is the Built In Colorado weekly refresh.

SonderMind pulled in $150M. Providing a platform that not only helps users find a therapist that suits them, but also provides an in-app payment portal for sessions, SonderMind is positioning itself as a new competitor in the telehealth space. The new unicorn just closed on a Series C round co-led by Drive Capital and Premji Invest at a $1.1 billion valuation. It’s investing the cash in expanding its presence into every state across the country. [Built In Colorado]

Shotzr acquired by Shutterstock. Alongside two other additions to the photography giant, Shotzr will help add computer vision and predictive performance capabilities to Shutterstock’s stock photography platform. The company also acquired Pattern89 and Datasine to expand its library to encompass more than 400 million images, videos, music tracks and 3D models. [Colorado Inno]

Colorado Tech Quote of the Week

“Most mentorship technology and programs exist within the ‘four walls’ of companies, limiting access to people externally who need mentorship the most. As a Black kid from the South Side of Chicago with a teenaged single mother, there was no way I could have navigated to a career at Goldman Sachs had I not had a conversation with someone who worked there or in the industry. A person can’t be who they haven’t seen.” — Mentor Spaces CEO and founder Chris Motley

Mentor Spaces got $2.5M. Working to put meaning behind diversifying a company’s workforce, Denver-based Mentor Spaces’ platform uses AI to connect members of a diverse talent network with career and mentorship opportunities. With its seed funding, the startup is planning to build out its executive team as well as expand its sales and marketing departments and fuel product innovation. [Built In Colorado] 

PteroDynamics expands into Colorado. The aerospace company is working to manufacture aircraft with vertical takeoff and landing capabilities. It settled on Colorado Springs as the location for its new R&D headquarters, and it’s planning to hire 180 people over the next eight years. PteroDynamics will lease an industrial facility in Pikes Peak as it expands its footprint. [Business Wire]

Rescripted launched with $1.65M. Operating in the fertility space, Denver-based Rescripted is the product of a merger between Best Shot and The Fertility Tribe. The D2C platform incorporates a tech-enabled platform and a digital publishing platform to provide care and community for fertility patients. The startup launched with $1.65 million in oversubscribed funding from angel investors. [Rescripted]

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