Booming Tech Ecosystem
Abundant Talent Pool
Proximity To Leading Tech Companies
Incubators And Startups That Are Thriving
Government Support And Incentives
Quality of Life
Tech Communities and Co-Working Spaces
Forward-Thinking Infrastructure
Supportive Local Governance
Denver has become a popular destination for Americans who flock to this mountainous location in large numbers. Denver experienced one of America's largest migrations between 2010 and 2014, with 50,000 Americans moving to the area.
Denver is more than just an attractive place to live with its beautiful outdoors and extensive city amenities. The technology industry in Denver is growing. Colorado is home to one of the lowest unemployment rates in the country, which has led to a shortage in IT jobs like software developers and IT engineers.
We explore Denver's tech industry to see what it is that makes Denver the next technology mecca.
In the Denver metropolitan area, employment in software and IT grew by 32% over the last five years. This is five percentage points higher than the national tech growth.
Even though there has been a significant migration to the city, the tech industry is struggling to meet the demand for jobs. This talent gap that exists between companies and professionals must be closed. Denver has the 8th-highest concentration of tech workers of all major American cities.
Denver's technology sector is thriving, and this rapid increase in employment can be attributed to the city. Both startups and established companies are finding success.
Denver has seen a massive influx of people, including several IT specialists. The hiring market is still strained because there are more qualified job seekers than open positions.
However, the talent pool has grown significantly. The Denver metro region's tech talent pool grew 29% between 2010 and 2015. This has contributed to Denver's vibrant technology community.
High high-tech jobs are expected to increase by 3.4% this year.
Why is this happening? In a recent research shows that IT workers in Denver can spend their money more efficiently than in other cities, such as San Francisco or Boston.
Denver is consistently ranked among the best places to live in lists such as U.S. News & World Report's ranking for 2017, which puts Denver at the number two spot. Denver is the number one city in the IT industry for tech professionals.
This was due to its high wages, stable employment rates, and growing housing market.
These awards prove that Denver attracts the innovative IT professionals that tech firms in growth seek. The city is growing because of migration and the high number of highly skilled professionals it produces from nearby universities like the University of Colorado Boulder or Colorado State University.
Denver's active tech talent is a boon to local businesses and helps them thrive. CBRE ranked Denver as North America's 12th best tech talent market in 2017, with more than 3,500 open tech positions in the metropolitan area compared to graduates.
The current Denver tech market benefits both IT professionals as well as employers.
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Denver is attracting organizations for several reasons beyond its growing pool of tech-skilled professionals. Denver is known as an incubator and accelerator hub for tech startups.
Colorado is ranked sixth in the nation for receiving venture capital. This shows the amount of money invested in Denver's technology scene.
In addition to the private support provided by investors and companies, the city government has made tremendous strides towards helping Denver's tech industry grow.
Colorado's low corporate tax rate is one reason companies are drawn to the state. The incentives have already paid off as companies such as Google, and startups, like Slack are expanding their offices and adding new jobs in the city.
Colorado Technology Association can be a valuable partner for any Denver-based organization. Since its founding in 1994, the Colorado Technology Association has played a role in building Denver's technology through advocacy, STEM Education, Community, and an effort to build a strong economy.
Denver's reputation as a hub of innovation and a trustworthy partner for entrepreneurs and business owners has attracted organizations to the city and helped drive its evolution.
Denver may not be able to compete with Silicon Valley yet, but Mile High City is on the right track with its thriving technology sector focused on innovation and growth.
This city is a goldmine of opportunities for professionals and companies alike. This doesn't fix the shortage of tech skills but gives organizations that understand the market a competitive advantage.
Are you looking for more information about the growing tech industry in Denver, Colorado? This guide is the best resource for finding out about tech companies in Denver.
Learn about the best players, emerging trends, and startups in this fast-growing sector. Gain insights on why Denver has become a leading destination for talent and investments.
Denver has become a powerhouse for startups in the last few years.
With the infusion of entrepreneurs and investors, the Mile High City has rapidly evolved into one of America's most important tech startup ecosystems.
Denver is a city you should keep an eye on if your goal is to grow as an entrepreneur or if you are an investor who wants to invest in the most exciting startups.
The article below will highlight several Denver-based technology businesses that have bright futures.
Also Read: Why Hiring Developers In Silicon Valley Can Accelerate Your Business
Red Canary's mission is to improve security. Our clients range from Fortune 100 corporations to 100-endpoint companies.
Cloud-based technologies equalize the playing field by giving any company of any size the ability to defeat rapidly changing adversaries.
DispatchHealth is redefining healthcare using America's most advanced on-demand in-home care model. Their board-certified teams can treat patients of any age and provide same-day care for serious injuries or illnesses.
This platform covers both Medicare and Medicare Advantage.
Guild Education is a company that offers continuing education to companies to keep and attract employees. This platform allows companies to offer employees career-enhancing, low-risk and high-reward courses.
The guild has a growing clientele and close to 800 employees. The guild has been recognized as a CNBC Disruptor50 company and a recipient of Fast Company's 2020 World Changing Ideas Award for its innovative work in the intersection of education and future work.
Velocity Global accelerates the future of work for all, anywhere, in any manner. With its cloud-based talent system, our Global Work Platform (tm), supported by unmatched global reach and individualized knowledge, streamlines both the experience of employers and employees.
Nextbite is driving and shaping the transition of the restaurant industry to a new digital age. Nextbite, pioneers in online ordering and virtual restaurants, are dedicated to helping restaurant partners to enter this market by offering innovative menus that only deliver.
They also use the underutilized kitchen and labor capacity to increase margins and revenues.
Strive Health helps patients suffering from chronic kidney disease by providing models of care that improve patient health while lowering healthcare costs.
The company works with payers and providers to improve outcomes, prioritize patient care and lower the costs of chronic kidney disease and end-stage renal diseases.
When searching for mental health experts, SonderMind makes it easier to find certified therapists available in person or via online sessions.
SonderMind also helps to manage payor credentials, invoices and claim procedures and guarantees immediate payment of claims while connecting mental healthcare professionals with new patient networks.
Gtmhub is the premier platform for strategy execution in the world. It's based on the OKR Management paradigm.
Project Canary provides precise, reliable information to businesses that produce high levels of carbon emissions.
Dataiku is a platform that allows for the systematic use of data to achieve outstanding business results.
Tray.io is a low-code solution for automation that uses the cloud first. Tray.io has created a flexible, secure and resilient platform that combines diverse processes to achieve effective business outcomes.
Brightwheel is the preferred technology in early education by millions of parents and educators. Brightwheel is on a mission to change early education by giving teachers more time each day with their students, engaging parents in the development of their children, and supporting small businesses, which are the foundation of the $100 billion market for early education.
As the leading provider of cyber security and insurance, Coalition offers comprehensive coverage and cybersecurity services.
Kin Insurance offers affordable home insurance through its insurtech company.
Synapse is a company that creates technology to allow businesses to integrate banking into their software.
Virta is a revolutionary new technology that can safely reverse type 2 diabetes, chronic metabolic diseases and more without needing medication or surgery.
JumpCloud's goal is to make work happen(r) by providing convenient and secure access to the IT resources of the corporation from anywhere or on any device.
JumpCloud Directory Platform is a cloud-based solution allowing IT and security to control employee access and their identities.
Stack Infrastructure builds digital infrastructures that consider each client's individual needs. The buildings are built to meet client needs and are fast, reliable, and scalable.
A highly-skilled development team, almost limitless land, and plenty of power are all factors that help companies overcome their problems.
SmartCue allows you to create demo libraries on your SaaS enterprise application. This will allow your salespeople to provide unique and consistent demos for potential customers.
CyberGRX protects businesses against reputational and cyber risks by acquiring and disseminating data. CyberGRX's data-driven approach will allow businesses to protect their digital ecosystem from third parties.
Last Gameboard combines online and in-person gaming experiences by developing tabletop experiences that blend digital and analogue.
The players can play with any piece of the game and anyone.
Revnt allows educators to monetize online courses using a subscription-based model.
Accept. inc is a real estate company that allows homeowners to make all-cash offers at no extra cost. The lender can accept buyers who pay cash for their home but already have a mortgage approved.
This is due to the intense competition.
FlightLink has developed a solution for private aviation to address the lack of aviation employees. This membership-based platform offers travelers with similar interests the opportunity to connect, travel affordably, and network.
Leafwire offers services and opportunities to workers and businesses in the cannabis industry. Leafwire offers a safe environment for entrepreneurs to network, find bargains, and work together.
Manatee works to improve the communication system and democratize mental health care. The platform uses software for families that stresses relationships among family members to produce results in just six weeks.
Spore is designed for content producers, allowing them to create a web presence easily. It is intended to liberate content creators from popular platforms, which often charge high fees for little return.
Vantage Data Centers is a leader in cutting-edge data centers and offers hyper-scale cloud services to large businesses.
The organization offers specialized solutions for data centers to meet any business needs.
Extended Play, a cannabis portfolio company, is dedicated to providing high-quality hemp products with high THC content to the adult use, medical and wellness markets.
Maxwell, a fintech platform for small and medium-sized lenders, is designed to provide them with faster and more affordable mortgages.
Crusoe Energy Systems, a company in the energy industry, is working on ways to reduce natural gas flare-ups.
Ordermark, a company that combines all data in one dashboard, is implementing complex Internet order tools for restaurants.
This technology helps restaurants reduce expenses, errors, and inefficiency.
Fluid Truck was launched as a marketplace in 2016 but underwent a brand rebrand in 2019. It is now an app-based platform for truck sharing that allows customers to reserve cargo vans and box trucks daily, weekly or hourly.
Harvest Hosts is a membership organization allowing RV owners to set up camps in almost 4,000 locations. This includes unusual spots such as wineries, farms, and breweries.
Last year, the business acquired Boondockers Welcome, a platform that connects RV users. It raised over $37 million. As a result, it was expected that the number of venues offered by Harvest Hosts would more than double.
Inc. reports that Harvest Host's income has increased by 5,697% between 2018 and 2025.
Matter Made is a growth company helping B2B SaaS businesses with their demand generation, media buying, and revenue management since 2017.
Inc. reports that the Denver business has grown its revenue by 5,109% in the past three years. It has worked with Dropbox and G2.
Havenly enables interior designers to customize and personalize their designs. It helps people create houses with individualized product selections that suit their style, budget, and available space.
Denver's rise to prominence as a tech hub is a testament to its unwavering dedication to innovation, collaborative efforts, and quality of life.
Denver offers a thriving tech ecosystem, an excellent talent pool and supportive conditions for tech-driven businesses. Hiring developers is a wise decision. With its close proximity to large tech companies, vibrant startup culture and government-supported infrastructure, Denver is well-positioned to attract tech talent.
It will also continue to emerge as a leader in an ever-changing tech industry. Businesses that take advantage of the tech opportunities in the Mile-High City will reap the benefits.
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