An activity kit sold by Chimney Trail CO. (Courtesy Chimney Trail)
Colorado’s startups held steady in funding the last month of 2023.
According to a tally of Form Ds filed with the SEC, 56 startups around the state raised $220 million last month. That compares to $61.9 million raised by 30 startups in November, and $269 million raised by 52 startups in December 2022. (You can view our sortable spreadsheet here).
BusinessDen defines a startup as a business that’s less than 10 years old and excludes publicly traded companies, real estate ventures and funds.
Denver startups raised the most cash with $168.67 million across 28 deals, followed by startups outside of Denver and Boulder with $51 million across 24 deals, and Boulder with $271,500 across four deals.
A few highlights include:
Notes Live Inc. (Colorado Springs): $800,000
The Colorado Springs hospitality group raised $800,000 of a $50 million goal last month.
Notes Live owns and operates music venues in Colorado Springs and Georgia, Oklahoma, Tennessee and Texas. It’s currently building a new amphitheater – Sunset Amphitheater – scheduled to open this summer in Colorado Springs across from the Air Force Academy.
According to its website, Notes Lives plans to open in 10 markets within five years.
Founded in 2017, this is the startup’s fifth capital raise. It’s raised nearly $1 million, according to SEC filings.
Youtopia Marketplace (Lakewood): $7.28 million
The Lakewood meal delivery company raised just over $7 million last month.
Youtopia claims on its website that it combines tech and science to create recipes that meet an individual’s nutrient needs, which in turn decreases how frequently people get diseases.
The 2-year-old company has raised $13.3 million to date from two capital raises, according to SEC filings.
Chimney Trail Co. (Windsor): $235,000
The Fort Collins-area startup that aims to provide preventive mental health care raised $235,000 last month.
Founded by Matthew Brown in 2022, Chimney Trail sends subscribers quarterly outdoor activity kits that use cognitive behavior theory to help people overcome mental health challenges such as anxiety or depression.
Right now, Chimney Trail sells the Waypoint Kit, which includes five activity kits, for $320.
Including the December raise, Chimney Trail has raised $535,000 from investors since inception. Brown previously told BusinessDen that its last capital raise, in February 2023, would help fund marketing and expansion.
An activity kit sold by Chimney Trail CO. (Courtesy Chimney Trail)
Colorado’s startups held steady in funding the last month of 2023.
According to a tally of Form Ds filed with the SEC, 56 startups around the state raised $220 million last month. That compares to $61.9 million raised by 30 startups in November, and $269 million raised by 52 startups in December 2022. (You can view our sortable spreadsheet here).
BusinessDen defines a startup as a business that’s less than 10 years old and excludes publicly traded companies, real estate ventures and funds.
Denver startups raised the most cash with $168.67 million across 28 deals, followed by startups outside of Denver and Boulder with $51 million across 24 deals, and Boulder with $271,500 across four deals.
A few highlights include:
Notes Live Inc. (Colorado Springs): $800,000
The Colorado Springs hospitality group raised $800,000 of a $50 million goal last month.
Notes Live owns and operates music venues in Colorado Springs and Georgia, Oklahoma, Tennessee and Texas. It’s currently building a new amphitheater – Sunset Amphitheater – scheduled to open this summer in Colorado Springs across from the Air Force Academy.
According to its website, Notes Lives plans to open in 10 markets within five years.
Founded in 2017, this is the startup’s fifth capital raise. It’s raised nearly $1 million, according to SEC filings.
Youtopia Marketplace (Lakewood): $7.28 million
The Lakewood meal delivery company raised just over $7 million last month.
Youtopia claims on its website that it combines tech and science to create recipes that meet an individual’s nutrient needs, which in turn decreases how frequently people get diseases.
The 2-year-old company has raised $13.3 million to date from two capital raises, according to SEC filings.
Chimney Trail Co. (Windsor): $235,000
The Fort Collins-area startup that aims to provide preventive mental health care raised $235,000 last month.
Founded by Matthew Brown in 2022, Chimney Trail sends subscribers quarterly outdoor activity kits that use cognitive behavior theory to help people overcome mental health challenges such as anxiety or depression.
Right now, Chimney Trail sells the Waypoint Kit, which includes five activity kits, for $320.
Including the December raise, Chimney Trail has raised $535,000 from investors since inception. Brown previously told BusinessDen that its last capital raise, in February 2023, would help fund marketing and expansion.
