Startup Week: 6 Denver companies named to ‘Gazelles’ list of rapidly growing firms

September 09, 2016 / Posted in Condos

Six Denver companies have raised a combined $124 million in venture capital this year — and that puts them on the city’s list of Gazelles.

The Denver Office of Economic Development kicked off 2016 Denver Startup Week by saying it’s adding six Denver companies to roster of “Denver Gazelles” — the city’s list of rapidly growing firms that show the most potential for raising money and creating jobs.

The 2016 class — all technology companies — are Blinker, Cloud Elements, Havenly, MindAptiv, Parkifi, and SendGrid.

“Selecting just a few firms to designate as Denver Gazelles was actually more challenging than ever this year,” said Paul Washington, the OED’s executive director. “There is an astounding volume of venture capital flowing in Denver, so we had a strong field of candidates to review. In addition, we’re enjoying the growth of more companies here that started elsewhere but chose Denver as the place to take it to the next level in financing and employee size.”

Each year since 2012, the city has named rapidly growing companies to its list of Gazelles — a list that now includes 25 companies. The companies are chosen based on job growth and commitment to engagement in the city’s entrepreneurial climate.

At a Startup Week breakfast Monday, Mayor Michael Hancock said that when he was elected mayor he was asked what his vision was, and he answered: “I want us to become the startup and small business capital of the nation.”