Startups in Colorado raised a total of $272 million in May.
Oil and gas ventures such as Flat River Minerals, which raised $102 million, contributed to the large haul last month.
Startups based in Denver raised $74 million, while Boulder startups raised $40 million. Startups across the rest of the state raised a total of $158 million.
Each month, BusinessDen tallies Form Ds filed with the SEC, which detail investment rounds reported by companies. BusinessDen defines a startup as a company that’s 10 years old or less and excludes publicly traded companies, real estate ventures and funds.
Including nonstartups, Colorado companies raised a collective $502 million last month.
Here’s a selection of some of the companies raising funds last month, along with links to previous coverage.
- Denver-based glamping startup Collective Retreats raised $5 million.
- Boulder instant tea company Cusa Tea raised $2.5 million.
Soona, a Denver startup that provides businesses with professional photos and video within 24 hours, raised $1.2 million.
- Denver-based visualization app EnVision raised $230,000.
- Denver-based DispatchHealth, which provides mobile health care to patients, raised $33 million.
- Telemedicine startup CirrusMD raised $15 million.