Colorado tech companies made the news on a number of fronts last week with fresh funding, new offices and changes in leadership. Keep reading to catch up on the Colorado tech news you may have missed in the last week. This is the Built In Colorado weekly refresh.
Fanatics’ new trading card business is valued at $10.4B. Fanatics, which has an office in Boulder, made waves in the tech world last week after raising $350 million for the company’s new trading cards business. This latest funding valued Fanatics Trading Cards at a whopping $10.4 billion. The company recently secured licensing agreements with several pro sports leagues, including the MLB and NFL. [Bloomberg]
SOBR Safe raised $3M. The Boulder-based company has developed a touch-based identity verification, alcohol detection and cloud-based reporting system to prevent drunk driving. The technology is being readied for deployment on school buses, commercial fleets and more. The company plans to begin commercial production of its devices in October 2021. [PR Newswire]
Colorado Tech Quote of the Week
AgentSync opened a new office in RiNo. Growing from 35 to 115 employees this year, the Denver-based insurtech startup has outgrown its second office and upgraded to a 12,500-square-foot office in Denver’s trendy RiNo district. The new office space features colorful murals from a local artist and plenty of lounge areas for employee collaboration. AgentSync, which has raised $36.1 million and was last valued at $220 million, plans to reach 175 to 200 employees by the end of next year. [Built In Colorado]
Insurium named a new CEO. Insurium, a cloud-based software platform for the commercial insurance industry, named Jeremy Williams, an insurtech industry veteran, as its next CEO. Williams previously served as COO and vice president of product and technology for Tropics Software Technologies, which has subsequently been by Insurity. [BusinessWire]
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