The Term Sheet: Startup funding roundup for April 2019

Red Canary raised nearly $34 million last month. (BizDen file photo)

Startups in Colorado raised $110 million last month.

That’s a steep drop from March, when startups across the state raised $279 million. But it’s up from April 2018, when startups brought in $86 million.

Denver-based startups led the way, raising $60.5 million, while Boulder-based startups raised $19.7 million. Startups located elsewhere in the state raised $29.7 million, according to a tally of Form Ds filed with the SEC.

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

Across the state, startups and nonstartups together brought in $245 million in April.

Here is a roundup of previous BusinessDen coverage of startups that reported raising money last month:

-Cybersecurity firm Red Canary raised $33.8 million.

Pana CEO Devon Tivona

-Denver-based Pana, which assists business travelers with travel logistics, raised $10 million.

-Boulder-based Halp, previously BubbleIQ, raised $2.6 million for its IT software.

SonderMind, which matches patients with mental health professionals, raised $3 million.

Flytedesk, an advertising startup, raised $806,000.

POSTED IN Investing, News, Startups, Top News

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