startupfront 09.11.19(final printready).pdf 1 9/12/19 9:28 ... · downtown denver with plans for...

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Tech startups founded in year Total tech startups % of businesses that are tech startups 875 Total Startups Total Startup Employees 5,427 6.2 9.1 % $1.6 BILLION in funding raised by 69 companies in the past year of Businesses are Startups Avg. # Employees per Startup The State of Center City Tech Startups * A Growing Tech Talent Pool 2017 2011 2012 2010 2013 2014 2015 2016 2018 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500 Total Startup Employment on the Rise [Total Employment by Year] HIGHEST INCREASE OF MILLENNIALS IN THE PAST 5 YEARS HAVEN LIFE 8 TH BEST MARKET FOR TECH TALENT 3 RD CBRE US NEWS & WORLD REPORT STARTUP GENOME BEST STARTUP ECOSYSTEM BUSINESS FACILITIES BEST PLACE TO LIVE IN THE UNITED STATES 2 ND 6 TH BEST CITY IN THE WORLD FOR FEMALE FOUNDERS 2 ND Tech Startup Growth FLIP ME OVER entrepreneurship & innovation *Startup is defined as a company in the technology industry that was founded in the past decade and has under 100 employees. Source of employment data is the Quarterly Census of Employment and Wages. DOWNTOWN DENVER 2011 2018 Denver has one of the fastest growing pools of tech talent in North America, with tech talent growing by 31% since 2013. Over 50% of Metro Denver residents ages 25 and older have a bachelor’s degree or higher, compared to a U.S. average of 31%. Denver’s population of twenty- somethings grew by 9.5% over the past five years, the 7th highest growth rate in North America. Top 10 Tech Talent Markets 1. SF Bay Area 2. Seattle 3. Toronto 4. Washington, D.C. 5. New York City 6. Austin 7. Boston 8. DENVER 9. Atlanta 10. Raleigh-Durham 1 2 8 6 9 10 4 5 7 3 Tech Company News Highlights in 2019 Zayo was acquired by Digital Colony Partners LLC and EQT Infrastructure IV fund for $14.3 billion ZAYO Amazon leased 98,000 square feet of office space at 1515 Wynkoop to accommodate 400 new jobs AMAZON EverCommerce announced a strategic investment from Silver Lake at a $2 billion valuation EVERCOMMERCE Ibotta announced a Series D financing round at a $1 billion valuation IBOTTA Slack opened a new 80,000 square foot office in Downtown Denver with plans for 550 employees SLACK } 119% growth } 110% growth } 52% growth 6.0% 9.1% 417 184 84 875 — CRUNCHBASE SOURCE: CBRE SendGrid, the leading email API platform, was acquired by Twilio for approximately $3 billion TWILIO SENDGRID

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Page 1: StartupFront 09.11.19(Final PrintReady).pdf 1 9/12/19 9:28 ... · Downtown Denver with plans for 550 employees SLACK} 119% growth} 110% growth 6.0%} 52% growth 9.1% 417 184 84 875

Tech startups founded in year

Total techstartups

% of businessesthat are tech startups875

Total Startups

Total Startup Employees

5,427

6.29.1%

$1.6 BILLION in funding raised by 69 companiesin the past year

of Businesses are Startups

Avg. # Employees per Startup

The State of Center City Tech Startups*

A Growing Tech Talent Pool20172011 20122010 2013 2014 2015 2016 2018

2,000

2,500

3,000

3,500

4,000

4,500

5,000

5,500

Total Startup Employment on the Rise[Total Employment by Year]

HIGHEST INCREASEOF MILLENNIALS INTHE PAST 5 YEARS

HAVEN LIFE

8THBEST MARKET

FOR TECHTALENT

3RD

CBRE US NEWS &WORLD REPORT

STARTUPGENOME

BESTSTARTUP

ECOSYSTEM

BUSINESSFACILITIES

BEST PLACE TOLIVE IN THE

UNITED STATES

2ND 6THBEST CITY IN THE

WORLD FORFEMALE FOUNDERS

2ND

Tech Startup Growth

FLIP ME OVER

entrepreneurship & innovation

*Startup is defined as a company in the technology industry that was founded in the past decade and has under 100 employees.Source of employment data is the Quarterly Census of Employment and Wages.

DOWNTOWN DENVER

2011 2018

Denver has one of the fastest growing pools of tech talent in North America, with tech talent growing by 31% since 2013.

Over 50% of Metro Denver residents ages 25 and older have a bachelor’s degree or higher, compared to a U.S. average of 31%.

Denver’s population of twenty-somethings grew by 9.5% over the past five years, the 7th highest growth rate in North America.

Top 10 TechTalent Markets

1. SF Bay Area2. Seattle3. Toronto4. Washington, D.C.5. New York City6. Austin7. Boston8. DENVER9. Atlanta10. Raleigh-Durham

1

2

8

6

910

4

573

Tech Company News Highlights in 2019

Zayo was acquired by Digital ColonyPartners LLC and EQT Infrastructure

IV fund for$14.3 billion

ZAYOAmazon leased

98,000 square feet of office space at 1515

Wynkoop to accommodate400 new jobs

AMAZONEverCommerce

announced a strategic

investment from Silver Lake at a

$2 billion valuation

EVERCOMMERCEIbotta

announced a Series D

financing round at a $1 billion

valuation

IBOTTASlack opened a

new 80,000 square foot office in

Downtown Denver with plans for 550

employees

SLACK

} 119% growth

} 110% growth

} 52% growth6.0%9.1%

417

18484

875

— CRUNCHBASE

SOURCE: CBRE

SendGrid, the leading email API platform,

was acquired by Twilio for

approximately$3 billion

TWILIO SENDGRID

C

M

Y

CM

MY

CY

CMY

K

StartupFront_09.11.19(Final_PrintReady).pdf 1 9/12/19 9:28 AM

Page 2: StartupFront 09.11.19(Final PrintReady).pdf 1 9/12/19 9:28 ... · Downtown Denver with plans for 550 employees SLACK} 119% growth} 110% growth 6.0%} 52% growth 9.1% 417 184 84 875

Industry: EventYear Founded: 2017Neighborhood: On the move!

“The Denver ecosystem provides a community where we look out for each other and challenge one another to grow.”

Event Integrity

CENTER CITY TECH ECOSYSTEM

EarlyStage

<3 years old

505 companies2,942 employees

Growth Stage

4-9 years old

363 companies5,520 employees

Expansion Stage

Over 10 years old

217 companies5,799 employees

Industry: SaaSYear Founded: 2005Neighborhood: CBD

“Our employees love the fast paced, lively atmosphere and abundant opportunity provided by downtown Denver. ”

Xactly

Industry: FinanceYear Founded: 2018Neighborhood: CBD

“Downtown Denver has everything we need as a startup - growing high-level talent, great public transportation, and a lot of free resources such as “The Commons.”

SmartCapital Nanno Industry: On Demand ChildcareYear Founded: 2016Neighborhood: CBD

“Our employees love working in Denver because it allows them to have access to the perks of the city while also being close to outdoor activities.”

Industry: Industry Consumer TechnologyYear Founded: 2012Neighborhood: CBD

“Our employees love working in a fast-paced environment in a city that is growing and attracting more and more people and companies.”

IbottaIndustry: Enterprise TechnologyYear Founded: 2015Neighborhood: CBD

“Downtown is accessible to the broader metro area, has great dinning and meeting spots, and allows us to be part of the collaborative tech community.”

Guild EducationIndustry: HealthcareDeliveryYear Founded: 2013Neighborhood: RiNo

“Started by a local ER physician, DispatchHealth remains headquartered in the same thriving, vibrant and unique city it was founded in.”

Dispatch Health

A thriving center city is built by a diverse ecosystem of companies working to implement bold ideas. From early stage entrepreneurs, to rapidly scaling businesses, to our city’s most established companies, innovation of all sizes thrives in Downtown Denver.

www.downtowndenver.com

Industry: Home ServicesYear Founded: 1998Neighborhood: RiNo

“We love how the startup/tech community in Denver, while large, creates opportunities to collaborate through tech meetups and events like Denver Startup Week.”

HomeAdvisor