These Colorado Tech Companies Raised a Collective $104M+ in April

Learn how the innovators that raised last month’s largest venture rounds are investing the fresh capital.

Written by Ashley Bowden
Published on May. 01, 2024
These Colorado Tech Companies Raised a Collective $104M+ in April

Colorado tech companies in industries spanning greentech, fintech and more secured new venture funding rounds last month to back their ideas. Several companies across the state are fueling growth for their products and teams. Learn more about how they’re investing.

Top Colorado Tech Funding Rounds, April 2024

  1. ION Clean Energy
  2. Netgain
  3. Aidium Mortgage CRM
  4. Quadratic

 

#4. $5.6 million, April 2

GV led a round of seed funding for Quadratic, a company working to offer a high-performance, low-latency real-time spreadsheet in users’ internet browser. The company recently launched a collaborative tool called Quadratic Teams. Its new funding will help it fuel further growth and innovation. 

 

#3. $19 million, April 2

Based in Boulder, Aidium provides mortgage lenders with solutions to help streamline their operations, enhance borrower engagement and fuel business growth. PeakSpan Capital led a round of Series A funding that will help Aidium enhance its platform and grow its customer base. 

 

#2. $35 million, April 4

Accounting technology company Netgain pulled in a minority investment from Summit Partners. The Denver-based company’s software automates processes like lease accounting, fixed asset management and advanced revenue recognition. Its new capital will go toward fueling product development and expanding its team.

 

#1. $45 million, April 4

Boulder-based ION Clean Energy equips organizations with post-combustion point-source capture technology. The company raised $45 million from Chevron New Energies to fuel company growth and the commercial deployment of its liquid amine carbon capture technology that works for hard-to-abate emissions.

Methodology: Built In tracked the largest funding rounds of the month using previous reporting, data from Crunchbase and articles from other publications and companies. This list highlights the five largest funding rounds raised in April by tech companies with a headquarters in Colorado. We only include venture capital and equity raises and do not include debt or post-IPO funding rounds in this list.

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