The Term Sheet: Startup funding roundup for 1.10.18

rachio app

Rachio raised $10 million for its app-connected sprinkler system. (Rachio)

Colorado startups raised $140 million in the last month of 2017.

According to a tally of Form D filings with the SEC, Denver startups accounted for $59 million of the total, while Boulder startups raised $28.5 million and other state startups garnered $52 million.

Click here to view/download December’s funding data.

BusinessDen defines a startup as a company that is 10 years old or younger, and excludes publicly traded companies, funds and real estate ventures.

Not included in December’s funding roundup was a $525 million equity funding round by FourPoint Energy. The company also announced it was acquiring more property in Texas.

In 2016, Colorado startups raised $42 million in December.

Here is BusinessDen’s coverage of companies raising funds last month:

Rachio, a startup that allows homeowners to control sprinklers from smartphones, raised $10 million.

MJardin Investment, a cannabis consulting firm, raised $14 million.

Aspen Group Inc., which operates Aspen University in Denver, raised $6.5 million.

Convercent, a software startup helping companies with compliance, raised $25 million.

Threat X, a Denver cybersecurity firm, raised $7.2 million.

MassRoots, a marijuana tech company, raised $550,000.

POSTED IN Data, News, Startups

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