The Denver-based team behind warehouse management startup Fulfilld has brought on its first round of capital. TenOneTen Ventures led the round, with other investors including European proptech firm Pi Labs, Colorado’s Matchstick Ventures and Jeff Wilke, former CEO of Amazon’s worldwide consumer business.
With an eye on global expansion, Boulder-based startup accelerator Techstars has brought on an ex-Disney executive to grow its brand. Techstars announced on Tuesday that it has appointed Matthew Grossman to the newly created role of chief brand and communications officer.
Companies are continuing to build out the Colorado tech scene. With a handful of new developments in the state’s tech scene, find out how these companies are preparing for their next stage of growth. This is the Built In Colorado weekly refresh.
Seeing a need to support underrepresented founders, a Colorado-based investor has facilitated half a million dollars in venture funding to founders of color. In May, Glenwood Springs-based Next Wave Impact hosted its second annual Founders of Color Showcase to drive investment to early-stage startups led by a diverse founder. The organization invited six companies from across the country to pitch in order to win a slice of the $500,000 investment.
The ability to acclimate to change on the fly is a hallmark for any successful organization, but it’s an imperative that’s been even more pronounced over the last year-and-a-half. It’s a truth that’s rang true for people leaders like Colleen McGarity, who helped spearhead CyberGRX’s implementation of a remote-friendly policy.
It takes about 58 days to hire an engineer, according to data from recruiting platform Workable. At Vorto it takes seven or less. Leaders behind the AI-driven autonomous supply chain platform implemented an accelerated hiring process last year that has helped Vorto scale to nearly eight times the size it was at the time of its adoption.
As it scales its autonomous solutions, Golden startup Outrider has opened a new 200,000 square foot distribution yard in Colorado to test and mimic the operations of its customers. Located in Brighton, the distribution yard has 49 dock doors and operates 16 hours per day, five days per week.
A handful of companies were making moves last week on the Colorado tech scene. Check out which startups are experiencing growth and what they’re working on. This is the Built In Colorado weekly refresh.
Mike Chambers’ career has been winding and unique, taking him across the globe and through a variety of focuses. The Massachusetts native began his career in Washington, D.C., working for Congressman Barney Frank. But during the 2008 financial crisis, Chambers became disillusioned by D.C. politics and sought to pursue a purpose-driven career.
Campers will soon be able to fry up that morning bacon without any campfires or propane. A new skateboard zooms more than 40 mph and brings the bling with LED lights. Down jackets face competition with new, thin polyester-based fabric with trapped air – similar to bubble wrap.