Category: Venture Capital
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Investors Pour Money Into Next Glass, K4Connect, SC Dept of Unemployment Chat Bot, BestFit, CureMint, + Interloop on Wild Pitch Wednesday!
NOTES FROM THE GAROFFICE Ready for the rebound? Good. Then buckle up. This week we’re sharing more joyful news – Next Glass is more than half full as the Wilmington, NC-based company raised an undisclosed round from Providence Strategic Growth. We also have stories about K4Connect, an AI-powered bot you can chat up at the SC…
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What You Should Know Before Pitching VCs in Virtual Times
Author: JD Weinstein, Oracle for Startups – North America What do Airbnb, Uber, Slack, Pinterest, WhatsApp, Square, and Venmo have in common? These highly successful technology startups were all founded during the Great Recession in 2008-2010. Entrepreneurs and small businesses are once again fighting through difficult times to both survive and transform the world. There…
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Wild Pitch Wed, Blackbaud Announces COVID Support, Groups360 in NSV, Airbrake in ATX, Teamworks in DRH, EternaTear in RAL
Blackbaud Announces New Measures to Support Customers and Global Community in Response to Pandemic DIG SOUTH Tech Summit sponsor Blackbaud is seeing the needs and impact of COVID-19 manifest in many ways for its customers depending on the organization type. Many private K–12 schools across the U.S. are using Blackbaud’s cloud solutions to swiftly move classes…
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NVL’s axialHealthcare, ATX’s Acadeum, CHS’s Benefitfocus, ATL’s Package Solutions, Venture Atlanta on South Pod
????NASHVILLE – Recovery ecosystem. axialHealthcare, a Nashville-based healthcare optimization company dedicated to navigating substance abuse issues for patients and healthcare providers, has announced the closing of a $15 million Series C equity financing round. The company will use the funding to jumpstart its expansion into the substance use disorder (SUD) treatment and recovery spaces. Learn more.…
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Blinktbi of Charleston Pinpoints Concussions, Tampa’s Molekule, ATL’s BoxLock, Blueprint Title in NSV, Austin’s Eventus Systems, Venture Atlanta on South Pod
A startup that grew out of research at the Medical University of South Carolina and The Citadel has hit the market and closed on a new round of funding. Blinktbi Inc.’s technology is now being sold to schools and athletic programs to help them diagnose concussions, a condition that has been hard to measure in…
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BeerAdvocate Purchased by Untappd, ATL’s Create-X, Visualize Health in NSV, Durham’s Sift Media, Self Financial of Austin, and Theorem on South Pod
Despite its explosion in popularity, craft beer is still a relatively small and tight-knit community. A generation ago when the number of breweries was a fraction of what it is today, the community was even smaller and more tight-knit. But even in those days, obsessive drinkers often fell into one of two camps: BeerAdvocate users and RateBeer…
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Austin’s Digital Turbine Acquires Mobile Posse for $66M, Terminus (ATL), CompostNow (RAL), Enveil (DC), Durham’s Aerie, Fattmerchant on South Pod
Austin-based mobile apps and ads platform company Digital Turbine announced it has scooped up mobile ad platform Mobile Posse for near $66 million. “The strategic rationale for the acquisition is very strong,” Mobile Posse CEO Jon Jackson said in a statement. “We believe that Mobile Posse’s content discovery platform and Digital Turbine’s distribution and relationships combine to…
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Palmetto Clean Pulls in New Financing, AppHarvest of Kentucky, Durham’s Restor3D, ATL’s ARPR, RTP’s TransEnterix, plus Fattmerchant on South Pod
One of Charleston’s most mature startup companies closed another round of funding in early 2020 and marked its 10-year anniversary. Palmetto Clean Technology Inc. is one of the biggest tenants at the upper peninsula’s Pacific Box & Crate development. Last year, it attracted new capital, completed a nationwide expansion of its business and grew its…
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Wild Pitch Deadline Feb 21, Charlotte-based Hylaine Sets Up Shop in Raleigh, Exponential AI (ATL), Carbon Relay (DC), Carolinas Fintech Ventures (CLT), Pattern Bioscience (ATX), Mr. B on South Pod
Another startup wants to call the Oak City home. Hylaine, a technology consulting firm headquartered in Charlotte, announced the opening of its new office in Raleigh. By the end of 2020, it said it expects the Raleigh office to have 15 to 20 employees. “Our motto at Hylaine is ‘solving technology, together.’ So we’re trying…
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MyWorkChoice Raises $3M, Vaynerchuk in Charlotte, Ceterus in CHS, Hytch in Nashville, OnPay in ATL
The future is flexible. At least as far as MyWorkChoice sees it. The North Carolina-based startup is working to redefine “flexible staffing” by offering a platform and app that essentially takes care of all the hassle with scheduling to create “seamless shift transitions.” And it’s gaining traction. The company announced that it closed on its first…
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Comcast NBCU Launches Atlanta-Based SportsTech Accelerator, FlashParking, WhyHotel, Florida Funders, SouthPod featuring Comcast VP Horwitz
Comcast NBCU announced the launch of SportsTech, a three-month global accelerator for multi-stage sports technology startups that will be based in Atlanta. The accelerator features what Comcast NBCU calls an “unprecedented partnership” between three of the broadcast giant’s sports brands – NBC Sports, Sky Sports and Golf Channel, as well as NASCAR and a pair…
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S.C. Department of Commerce Office of Innovation to Launch Scribble Event Series
COLUMBIA, S.C. – The South Carolina Department of Commerce’s Office of Innovation announced the launch of the Toolkit Talk series celebrating innovators across S.C. The interactive three-day series, which is part of the Scribble online resource, provides opportunities for idea sharing and collaboration between innovators of all industry sectors and experience levels. The series will…
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Levelset Lands $30M, Arjun Devarajan on SOUTH POD + Tech Jobs (ATL), Sense Photonics (Durham), Shipwell (ATX), Arcadia (DC)
New Orleans Startup Levelset Lands $30M Series C Funding Round to Jumpstart Growth Levelset, a New Orleans-based SaaS platform that helps relieve cash flow issues for contractors by getting them paid more quickly, has announced a $30 million Series C round of funding led by Horizons Ventures. S3 Ventures, Altos Ventures, Operating Venture Capital, as…
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Tech in the South: PlayOn! Sports (ATL) Raises $25M + Ecobot (ASV), Clutch (DUR), Givful (NSV), REIN (Chapel Hill)
???? ATLANTA – Student athletes. PlayOn! Sports, an Atlanta-based company that streams live and on-demand high school sporting events across the U.S., has announced that it has raised $25 million in a Series B funding round led by venture investment firm BIP Capital, with participation from Jeff Vinik, Teall Capital, and Crossover. The company plans to use the capital…
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500 Startups Grad SYNAPSEMX Takes Flight + Aniluxx (RAL), NeuroTronik (DUR), Osano (ATX), Lasso (CHAS)
Who loves flight delays? Nobody, that’s who – including the airline! Aircraft maintenance costs major U.S. airlines billions every year. Every time there’s a maintenance delay (and a lot of grumpy passengers), the airline feels the impact immediately on its bottom line. Currently, most airlines use legacy technology to track and manage maintenance without real-time…
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Tech in the South: Creative Bootcamp Kinetic Launches (Winston-Salem) + Alex Gonzalez on South Pod, Ecobot (Asheville), Brava (Austin), Makeswift (ATL)
Is it time to turn your creative idea into a business? Winston-Salem-based Center for Creative Economy announced the launch of Kinetic, a bootcamp designed for creatives and artists who are ready to launch a business. Creatives will learn how to: Validate your creative idea Develop a business model Identify who your customers are and start talking to them Build a…
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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…
