The company laid off 18 employees in April and reduced pay for those that remained as business travel ground to a halt during the pandemic.
Business travel startup Pana raises $3.5M after spring layoffs
Startups
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Denver online car-selling startup partners with Autotrader, Kelley Blue Book
Blinker’s digital technology helps used-car shoppers buy their vehicles from a distance, a practice that’s gaining popularity during the pandemic.
Denver activewear brand ICONI lands on ‘Oprah’s Favorite Things’ list
“To this day, it’s still a mystery how she discovered me. But knowing that she’s worn a pair of my leggings is pretty life changing,” said the founder.
Olympian and her two partners launch Denver-based women’s skiwear brand
Halfdays just started selling products this season, but it has already landed in the Wall Street Journal and Vogue and has a pop-up shop in Aspen.
Startup marketplace connecting athletes with sponsorships opens $3.5M funding round
Olympians have struck deals through Denver-based Icon Source, which raised $500K from professional athletes as it launched last year.
Boulder lawn care subscription startup raises $19M
Sunday has seen eight times revenue growth year-over-year and a 25 percent increase in subscriptions amidst the pandemic.
The Term Sheet: Startup funding roundup for November 2020
Startups around the state raised a total of $211 million last month, close to the $212 million the previous year.
Insurance tech startup raises $4M to break off from parent company
Denver Startup Week founders Erik Mitisek and Jay Zeschin started Highwing within IMA Financial Group in 2018.
Denver investment firm targets Israeli startups with new $100M VC fund
“Foreign investors can’t physically get to Israel right now,” said a co-founder of Ibex Investors, whose office in Tel Aviv has become a competitive advantage.
Drink before dinner? Entrepreneurs launch aperitif brand in Golden
A Denver couple and the owner of a Sunnyside brewery teamed up to create Atost, which sells three flavors of aperitifs in 750 ml bottles for $35.
