February saw four Colorado companies pull in a combined total of $91.5 million in new funding. The top spot went to logistics startup Outrider. Read on for details on all of this month’s top funding rounds.
Top Colorado Startup Funding Rounds for February 2020
- Outrider: $53 million
- Automox: $30 million
- TextUs: $5 million
- soona: $3.5 million
#4. $3.5 million, February 7
The content creation platform makes it easy for brands to quickly access professional, custom photography and videography. Starting Line and Matchstick Ventures led the round. The company launched in Denver in 2019.
#3. $5 million, February 5
The Boulder startup offers a real-time communication platform with business texting. The Series B funding allows it to continue growing by expanding product offerings and hiring.
#2. $30 million, February 4
The Boulder-based company boasts a cloud-based cybersecurity solution. The Series B round allows it to accelerate key feature development for their platform. It also plans to hire between 40 and 50 new employees over the course of the year.
#1. $53 million, February 19
The autonomous logistics startup took the top spot with its three-part yard operations system. It emerged from stealth and announced its Series A round in February. It plans to hire more employees and acquire partners.
