A bustling week in the Colorado tech sector saw brand new company developments and funding rounds galore. Learn what these companies are up to. This is the Built In Colorado weekly refresh.
DispatchHealth pulled in $200M. Its valuation comes to $1.7 billion following its latest round. DispatchHealth’s platform lets people request on-demand at-home health services at a lower cost than a typical ER visit. The Series D funding led by Tiger Global will enable the healthtech unicorn to expand its services across 100 markets. [Built In Colorado]
Fluid Truck secured $63M. Bison Capital led this company’s Series A round, one of Colorado’s largest to date. The Denver-based company allows peer-to-peer sharing of rentals for trucks and other large vehicles. It also has an enterprise tool, allowing businesses to rent up to a fleet of trucks. Fluid Truck will put the fresh capital toward investing in its platform, diversifying its fleet and hiring new talent in engineering and operations. [Built In Colorado]
Colorado Tech Quote of the Week
Harvest Hosts raised $37M. The company allows RV travelers to stay the night at 1,900 unique locations from breweries to golf courses and more. The growth investment came from Stripes. The fresh cash will enable the Vail-based company to double down its host network investment and member experience. [Built In Colorado]
Stream got $38M. With its platform that lets developers build chat and activity streams into their apps and services via code, Boulder-based Stream is looking to grow its business. Its users integrate third-party providers for things like chatbots, audio and video. Part of Stream’s Series B capital will go toward adding its own new features for these. The round was led by Felicis Ventures. [TechCrunch]
Cipher Skin pulled in $5M. Its Cipher Mesh product is a network of sensors that can be incorporated into any textile to wrap around anything from human limbs to bridges in order to create data insights. The company raised Series A funding led by the Boyett Group in order to expand its line of products and reach new markets. To date, Denver-based Cipher has raised $7.8 million in funding. [Cision]
Uplight received new funding. As it provides customers with tech that aims to help consumers transition to renewable energy sources, this Boulder startup raised new funding that brings its valuation to about $1.5 billion. Uplight got the investment from names including Schneider Electric and AES, and it plans to put it toward making new acquisitions and investing in its product. [Built In Colorado]
