Colorado companies were busy last week, raising massive funding rounds, announcing big hiring plans and landing major partnerships and acquisitions. Catch up on the Colorado tech news you may have missed with Built In Colorado’s weekly refresh.
Maxwell raised $52.5M. The latest funding round, announced on Tuesday, brings the Denver-based mortgage startup’s total fundraising to nearly $80 million. The platform’s technology, built on aggregated loan data and real-time data insights, offloads time-consuming manual tasks, enabling small and midsize lenders to close loans 13 days faster than the 47-day national average and loan officers to outperform the market by more than 20 percent. Inc. Maxwell is the fifteenth fastest-growing software company in the U.S, according to Inc. 5000 data. The company employs 270 people and plans to grow to 400 employees by the end of 2022. [Built In Colorado]
Hotel Engine plans to add 400 jobs. The Denver company, which helps companies book and manage hotel accommodations at discounted rates, has seen a 142 percent increase in bookings. The company now partners 40,000 business clients and 550,000 hotels. Hotel Engine hopes to hire 1,739 employees over the next eight years with $8.85 million in job growth incentive tax credits from the Colorado Economic Development Commission, according to the Denver Post. [Built In Colorado]
Colorado tech quote of the week
Roameo partnered with a Chicago unicorn to offer a unique employee perk. Roameo is a Colorado-based startup that converts van into luxury mobile homes, equipped with mobile internet, electricity, showers and heating and air conditioning. The company just landed its first tech company client, Chicago-based logistics unicorn project44, which is offering its rented van to employees who want to work while traveling cross-country. Roameo hopes to partner with more companies interested in offering remote-work getaways as an employee perk. [Built In Colorado]
Gusto acquired Remote Team. Gusto, which is headquartered in San Francisco, opened a Denver office in 2016. The HR and payroll platform acquired Remote Team, which enables growing businesses to hire remote workers. The company also unveiled several new features to help small businesses extend their reach into the global workforce, including a feature that provides simplified business registration in all 50 states and Washington, D.C., as well as the ability to pay contractors in 80 different companies. [Gusto]
