Category: Startups
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OjO Electric Announces Acquisition of Charleston-Based E-Mobility Company, Gotcha
Oxnard, California and Vancouver, British Columbia – November 19, 2019 – OjO Electric Corp. (the “Company” or “OjO”) (TSXV: OJO; OTC: AZNVF) is pleased to announce that it has entered into a binding letter of intent (the “LOI”) with Gotcha Mobility, LLC (“Gotcha”) pursuant to which OjO will acquire 100% of the equity of Gotcha (the “Acquisition”) in a transformational combination…
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Tech in the South: Calling All Asheville Entrepreneurs – Applications Now Open for Venture 15 + Tickets for VA Honors on Sale
Good on Asheville for celebrating their entrepreneurs! The Venture 15 awards the 15 fastest-growing Asheville-area startups as determined by compounded annual growth rates. This event recognizes the area’s outstanding entrepreneurs, and serves as an elite setting where they can share their talent and wisdom as well as offer inspiration to other fledgling companies to be…
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Tech in the South: Rise of the Rest (DC) Closes $150M Fund + Ribbon (Charlotte), Backed by ATL, Silbo (Raleigh), Digital Echo (CHS)
Revolution announced Monday that its Rise of the Rest Seed Fund has raised another $150 million in financing to back startups in emerging U.S. markets. Rise of the Rest counts some of the country’s most well-known executives and entrepreneurs among its investors. The list includes Amazon CEO Jeff Bezos, Dan Gilbert of Quicken Loans, the…
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Tech in the South: Revel Launches 1000 Mopeds in Austin + Engage Talent Acquired (CHS), Talented (Durham), PureSurgery (Charlotte), Viibrant (Carrboro)
???? AUSTIN – Mobilizing. Who doesn’t love the quiet buzz of an electric motor as you wind your way down a hip city street? Mopeds have been part of Austin traffic for years, but a new fleet of shared electric mopeds is about to hit city streets and make the mode of transpo a lot more visible. New York-based shared electric…
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Tech in the South: Wilmington Unicorn nCino Goes Big in Japan + Tesla (ATL), PetScreening (CLT), Zello (Austin), Celero (Nashville)
nCino is going big in Japan, taking its cloud computing-based financial system into new territory by forming a subsidiary with Tokyo-based Japan Cloud. The deal to begin operations in Japan is the latest in a series of growth announcements from nCino, which closed on $80 million in new investment capital earlier this month and is…
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Tech in the South: Charleston-based Benefitfocus Announces InnovationPlace + Literati (Austin), SignalPath (Raleigh), 410 Medical (Durham), Boaz Bikes (ATL/Dallas)
Benefitfocus, Inc., a leading cloud-based consumer benefits platform and services provider, announced applications are open for the company’s next supplier cohort within InnovationPlace. InnovationPlace, the company’s program for potential partner startups, is designed to accelerate the availability of products or services of innovative companies who share the company’s goal to improve consumer well-being. “We are…
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Tech in the South: Raleigh Unicorn Pendo Raises $100M + Ekos (Charlotte), Verady (ATL), Blackbaud (CHS) & Leyline (Durham)
Cloud tech startup Pendo is officially a “unicorn,” hitting the rarified $1 billion valuation mark after securing $100 million in its most recent round of funding. It’s not entirely unexpected that Pendo is a unicorn, a term that dates to 2007 and is used to define a tech startup still privately held that reaches a valuation…
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Tech in the South: RigUp, Papa, WeWork, Cadre
???? AUSTIN – Exponential growth. RigUp, which has quietly built one of the fastest-growing and best-funded startups in Austin, announced a $300 million funding round — a move that puts the company in a relatively exclusive club of tech unicorns that are valued at over a billion dollars. While RigUp is largely known for success in the oil…
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Tech in the South: Teamworks, SparkCognition, Resy, Embold Health, Eleanor’s Place
DURHAM, NC – Teamworks, which develops software for athletic institutions, is partnering with an Birmingham-based firm to deliver more software as a service (Saas) solutions to athletes around the world. The Durham-based startup announced that it is investing in INFLCR, a software platform for sports teams to store, track and deliver photo and video content to…
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Tech in the South: Diligent Robotics, Confirmation.com, TopCourt, Natalist, SaaSOptics
AUSTIN – Robotics innovation. For two-plus years, Diligent Robotics co-founders Andrea Thomaz and Vivian Chu have been developing, testing and iterating on what may look like a simple idea — bringing robotic assistants to hospitals to help nurses with routine chores. Now, the Austin startup is ready to commercially launch its robot, named Moxi, starting with…
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Tech in the South: nCino, Cox Cleantech, Cloosiv, Threatcare
???? WILMINGTON – Regulatory compliance. nCino’s meteoric rise continues with the cloud banking software startup raising a whooping $80 million in equity, according to an SEC filing. Led by James (Chip) Mahan III, the CEO of Live Oak Bancshares Inc., his team set out to start nCino to develop a secure cloud-based solution that would enable banks to increase…
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From the Ivory Tower to a Scrappy Startup: Natalist Co-founder and Chief Scientific Officer Dr. Liz Kane on Bringing a New Fertility Brand to Market
Q: Tell us a bit about Natalist. A: Natalist is a woman-founded startup seeking to change the path to parenthood. We make products and resources inspired by beauty and backed by science. Our flagship product is the Get Pregnant Bundle, which contains everything you need to start trying to conceive: prenatal vitamins, ovulation tests, pregnancy…
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Charles Towne Holdings Announces Strategic Investment in the Firm and High-Profile Additions to the Team
Charles Towne Holdings (“CTH”), an investment banking, capital markets and advisory services firm focused on the middle market, has closed on a strategic investment from several prominent industry executives including, Harvey Schiller, the former Chairman of the Yankees/Nets, CEO of the US Olympic Committee and President of Turner Sports; Jim Pallotta, former Vice Chair of Tudor…
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Gotcha Listed on Inc. Magazine’s Annual List of America’s Fastest-Growing Private Companies
Gotcha announced today it has been ranked number 277 on Inc.magazine’s 38thannual list of America’s fastest-growing private companies. This is the second consecutive year Gotcha has made the prestigious Inc. 5000 list. The list provides a unique look at the American economy’s most successful companies, and its most dynamic segment—independent small businesses. Gotcha was evaluated on…
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When Two Worlds Collide: A CEOs View from Inside the Acquisition
DIG SOUTH caught up this week with Joe Floyd, CEO and founder of InsureSign, hot on the heels of the company’s acquisition by Formstack (a past DIG SOUTH Tech Summit sponsor and speaker). Floyd launched the super-simple, e-signature solution in 2012 after working for nearly 20 years in the insurance industry. Today, InsureSign is trusted…
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Revamping the Travel Experience Using Recommendations: Q&A with Landon Sanford, CEO, Rayka
Along his journeys, traveling enthusiast Landon Sanford often found standard review platforms uninspired, inaccurate or worse. To solve the problem he founded Rayka, a travel app that utilizes personal recommendations rather than anonymous online reviews to enhance travel experiences. Sanford founded Rayka following graduation from Vanderbilt in 2017. He has since expanded the team to…
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Partnership, Growth and the Future of Mobility: Q&A with Gotcha Founder Sean Flood
If you ever have the chance to chat with Sean Flood, you’ll quickly understand why his company is so successful. His passion is palpable; his energy is contagious; his hustle is impressive. Sean is the CEO and Founder of Gotcha, an electric Mobility-as-a-Service (MaaS) company headquartered in Charleston. In an industry that’s getting increasingly crowded,…
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Happy World UFO Day: Live Long & Prosper
Happy World UFO Day, DIG Nation, The truth is out there, or so agents Scully and Mulder of The X-Files led us to believe. But maybe the truth is that the idea of UFOs traveling from distant universes to Earth is more important to the evolution of technology than absolute proof they exist? At DIG…
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The Future of Fintech has Arrived in Charlotte with Fintech Generations
Show you the money?! Indeed they will. Today marks the opening of Fintech Generations, one of the nation’s largest fintech conferences taking place in Charlotte, NC, June 11-13. Fintech Generations is supported by DIG SOUTH Tech Summit sponsor, ETC member and all-around, good friend Dan Roselli, the co-founder and Managing Director of Queen City Fintech,…
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Building Scalable Startups in the Southeast with Monique Villa, Founder of ModernCapital
In just over a year since moving to Nashville from Los Angeles, Monique Villa has already become a vocal champion for the Southeast. And it’s not just because of the Southern hospitality — she’s a firm believer in our region’s potential to breed high-growth startups and vibrant entrepreneurial communities. As a veteran company-builder and investor,…
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How to Power Up Your Business with AI: Q&A with botkeeper Founder Enrico Palmerino
Worried that bots are taking our jobs? Enrico Palmerino says you’ve got nothing to fear. An entrepreneur and investor with an impressive background in automation, machine learning, and accounting, he argues that bots are creating new opportunities for human talent and paving the way to make businesses more scalable and profitable. While in college, Enrico…
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Meet the Woman Driving Entrepreneurial Collaboration in Atlanta: Q&A with Burunda Prince
If you want to connect with the Atlanta startup community, start by meeting Burunda Prince. This powerhouse leader is the Managing Director of The Farm, a Boomtown startup accelerator backed by Comcast NBCUniversal. With Burunda at the helm, The Farm has grown into a hub for collaboration in Atlanta’s startup ecosystem, and a diverse innovation…
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Startup Advice from the 38th Black Woman to Ever Close a $1M Round
Q&A with Ashlee Ammons, President & Co-Founder of Mixtroz Ashlee Ammons spent many years working as an Events Producer for A-Listers like Oprah Winfrey, Leonardo DiCaprio, and Jay-Z, but we’d argue she’s on an A-List of her own. In 2018, she and her mother Kerry Schrader joined Birmingham, Alabama’s Velocity Accelerator, starred in an episode…
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How to Change the World Without Breaking All the Rules: Q&A with Greenbrier Co-Founder Matt McKenna & Lime Exec Taylor Bennett
Whether crafting outreach for major brands or leading political campaigns for U.S. senators, Matt McKenna and Taylor Bennett have equally impressive backgrounds in communications and public affairs. For over seven years, Matt served as spokesperson and senior adviser to President Bill Clinton and the Clinton Foundation. He also ran communications for Uber North America and…
