Centennial-based Nepra Foods sells its own line of allergen-free products like its “ProPasta,” which is made without wheat, GMOs, soy or gluten. (Courtesy Nepra Foods)
Startups around the Centennial state raised $510 million last month.
According to a tally of Form Ds filed with the SEC last month, 36 startups brought in the cash. Last month’s $510 million was a significant increase from the $86.4 million raised in September, and more on par with the $654 million raised in August. (You can see our sortable spreadsheet here).
BusinessDen defines a startup as a business that’s less than 10 years old and excludes publicly traded companies, real estate ventures and funds.
Denver startups brought in the majority of the cash with $474 million across 16 deals. Boulder startups raised $7.6 million across three deals, and startups outside of Denver and Boulder raised $28.2 million across 17 deals.
Here are some highlights from October:
Nepra Foods (Centennial): $201,461
Centennial-based Nepra Foods raised a little over $200,000 last month.
Founded by Chadwick White and Marc Olmsted in 2020, Nepra foods helps brands create recipes for “allergen-free” baked goods using ingredients such as hemp flour.
In addition to consulting and developing for other companies, Nepra sells its own line of allergen-free products, such as its “ProPasta,” which is made without wheat, GMOs, soy or gluten.
This is the startup’s fourth capital raise, according to SEC filings. It has raised $1 million to date.
SelfGood LLC (Littleton): $2 million
The Littleton-based insurance provider raised $2 million toward a $6 million goal last month.
After nearly two decades in the insurance industry, Ryan Fajkowski founded SelfGood. It provides insurance for freelancers, small business owners and other independent or “gig” workers.
“Insurance is so confusing,” Fajkowski said. “The freelancer space and the self-employed space, it’s so underserved, so I’m super passionate about making sure we’re the trusted advisor for this community.”
Fajkowski said the raise went toward launching SelfGood’s first plan, Hospital Shield, which provides up to $6,500 for expenses related to a hospital visit.
“For freelancers … they want to be focused on building their business and company. The last thing they want to do is worry about how they can come up with $6,000 if something happens,” Fajkowski said.
This is the company’s first capital raise, according to SEC filings.
HydRx (Colorado Springs): $10,000
A Colorado Springs water company raised $10,000 toward a $4.8 million goal last month.
According to its website, Christopher Heiss founded HydRx in 2017 after working in the water purification industry for 30 years. HydRx sells bottles of “oxygen enriched” drinking water.
The water, which is sourced from melted snow in the Rocky Mountains, goes through several filtration processes, passes through a block of carbon and UV lights. According to the website, oxygen is added to the water at the end of the filtration process.
Its website describes the water as having “a natural flavor similar to when the water originally fell from the sky.” A pack of four glass water bottles costs $16, a pack of 12 is $48.
This is the company’s first capital raise, according to SEC filings.
Centennial-based Nepra Foods sells its own line of allergen-free products like its “ProPasta,” which is made without wheat, GMOs, soy or gluten. (Courtesy Nepra Foods)
Startups around the Centennial state raised $510 million last month.
According to a tally of Form Ds filed with the SEC last month, 36 startups brought in the cash. Last month’s $510 million was a significant increase from the $86.4 million raised in September, and more on par with the $654 million raised in August. (You can see our sortable spreadsheet here).
BusinessDen defines a startup as a business that’s less than 10 years old and excludes publicly traded companies, real estate ventures and funds.
Denver startups brought in the majority of the cash with $474 million across 16 deals. Boulder startups raised $7.6 million across three deals, and startups outside of Denver and Boulder raised $28.2 million across 17 deals.
Here are some highlights from October:
Nepra Foods (Centennial): $201,461
Centennial-based Nepra Foods raised a little over $200,000 last month.
Founded by Chadwick White and Marc Olmsted in 2020, Nepra foods helps brands create recipes for “allergen-free” baked goods using ingredients such as hemp flour.
In addition to consulting and developing for other companies, Nepra sells its own line of allergen-free products, such as its “ProPasta,” which is made without wheat, GMOs, soy or gluten.
This is the startup’s fourth capital raise, according to SEC filings. It has raised $1 million to date.
SelfGood LLC (Littleton): $2 million
The Littleton-based insurance provider raised $2 million toward a $6 million goal last month.
After nearly two decades in the insurance industry, Ryan Fajkowski founded SelfGood. It provides insurance for freelancers, small business owners and other independent or “gig” workers.
“Insurance is so confusing,” Fajkowski said. “The freelancer space and the self-employed space, it’s so underserved, so I’m super passionate about making sure we’re the trusted advisor for this community.”
Fajkowski said the raise went toward launching SelfGood’s first plan, Hospital Shield, which provides up to $6,500 for expenses related to a hospital visit.
“For freelancers … they want to be focused on building their business and company. The last thing they want to do is worry about how they can come up with $6,000 if something happens,” Fajkowski said.
This is the company’s first capital raise, according to SEC filings.
HydRx (Colorado Springs): $10,000
A Colorado Springs water company raised $10,000 toward a $4.8 million goal last month.
According to its website, Christopher Heiss founded HydRx in 2017 after working in the water purification industry for 30 years. HydRx sells bottles of “oxygen enriched” drinking water.
The water, which is sourced from melted snow in the Rocky Mountains, goes through several filtration processes, passes through a block of carbon and UV lights. According to the website, oxygen is added to the water at the end of the filtration process.
Its website describes the water as having “a natural flavor similar to when the water originally fell from the sky.” A pack of four glass water bottles costs $16, a pack of 12 is $48.
This is the company’s first capital raise, according to SEC filings.
