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Report Highlights


A infographic with a pie chart showing 9 percent of Colorado employment

The CO tech industry accounts for 9% of CO’s employment. (2021)

A infographic with a chart showing Colorado has 22.1% IT industry

CO IT industry employment grew by 22% from 2016–21, the 7th fastest rate in the nation.

A infographic with a icon of a person and the number showing 9,680 jobs.

Despite a turbulent time, CO’s tech industry has added 9,680 net jobs since 2019.

A infographic with a chart showing Colorado has 3rd fastest growing IT State. The graph shows Colorado at 12.4 percent and the United States at 8.5 percent.

CO ranks 3rd fastest growing IT state. (2021) A 12% growth rate is predicted for the next 5 years.


A infographic with a pie chart showing Colorado has 376 billion dollars in gross state product

Over $76 Billion in gross state product (GSP), 18% of the state’s total economic output. (2021)

A infographic with a image showing 3.42 jobs multiplier

For every 1 new tech industry job, another 2.42 jobs were added elsewhere, one of the largest job multipliers across CO. (2021)

An image showing Colorado is the #2 most concentrated tech industry

CO has the 2nd most concentrated tech industry economy, behind Massachusetts. (2021)


An image showing Top Colorado Tech Occupations with Software Developer highlighted with 40,402 jobs

Software development is the top tech occupation, ~12%. Every year more than 40K tech jobs need to be filled to accommodate growth & retirees.

A graph showing a ven diagram with 272,460 tech indsutry jobs on one side and 340,250 tech occupation jobs on the other and an overlap of 44%.

44% of CO tech workers work at a tech industry firm. (2021)

A graph showing Top skills listed in job postings 2021-2022. The top three are Computer Science, Agile and Python

Computer Science was the most in demand skill in CO job postings 2021-2022.


an image showing a icon of a building with the #8

CO has the 8th highest rate of new entrepreneurs. (2021)

An image showing an icon of a money bag and the number 5

CO has the 5th highest rate of federal small business program funding (SBIR & STTR) per $1M of GSP. (2016–21)

An image showing a rocket ship

Saas remains driving force for VC funds in CO.

An image showing an outline of Colorado with the number 6

CO ranks 6th highest state in securing access to VC capital.

Download a copy of the CO Tech Industry Report Highlights:

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