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Startup
Deposits, Inc. founders Joseph Akintolayo (left) and Daniel Paramo [Photo: Deposits, Inc.]
Deposits, a Dallas Startup, Raises $5M for Its Plug-and-Play Financial Services Platform
by Kevin Cummings | Aug 24, 2022
Founded in 2019, Deposits offers a platform with plug-and-play banking features that enables smaller community banks, credit unions, and other financial brands to reach and serve more people—including the underbanked. The goal is to empower smaller financial organizations that have lacked the budgets or capabilities to deliver high-tech digital tools.
"Our platform opens the door for who can get in the game, so now all you need is a will and there's a way," co-founder and CEO Joseph Akintolayo told Dallas Innovates.
by Kevin Cummings |
Aug 23, 2022
SmartMoving—a software solutions startup that aims to streamline the moving services business—landed the investment from Austin- and San Francisco-based growth equity firm Mainsail Partners. Its platform automates the entire operations process from estimates to sending out crews to handling payroll and payments.
“Our mission is to build the best software to help moving companies create growth and run their businesses smoothly,” says SmartMoving founder and CEO Tobe Thompson.
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by Kevin Cummings |
Aug 22, 2022
Dallas-based ParkHub—which manages parking operations and payments for businesses, municipalities, and venues like AT&T Stadium and American Airlines Center, while delivering analytics and insights—has acquired Dallas payment processing integrator Fuzse for an undisclosed amount. It's the latest in a string of deals struck by ParkHub.
The move comes after ParkHub raised around $100 million in January in a growth investment round aimed at driving "complementary acquisition opportunities."
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by Kevin Cummings |
Aug 22, 2022
Plus, bidding war looms for Dallas-based Signify Health; Fort Worth-based Harvest Returns raises $780K for new fund; Dallas property consulting firm Masterplan is acquired by New York company; Washington D.C. PE firm adds to its Fort Worth architectural platform; Pharos Capital sells stake in diagnostic testing company; and more North Texas deals.
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[Image: LibDib.com]
The Last Word: LibDib’s Cheryl Durzy on Graduating a Craft Tequila Brand to RNDC Distribution
by Dallas Innovates | Staff Report | Aug 19, 2022
Last September, we wrote about how LibDib was partnering with Grand Prairie-based Republic National Distributing Company to launch LibDib@RNDC Texas. Its goal was to be the “Airbnb of alcohol distribution” in the Lone Star State—giving makers of boutique craft beverages access to RNDC’s Texas-wide distribution system.
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by Lance Murray |
Aug 19, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from UTD's Center for Brainhealth, DART, Enseo, LiquidAgents/StaffDNA, Alpine Advanced Materials, Runway Growth Capital, Optic Gaming, Dallas Thrives, Downtown Dallas Inc., TechGenies, Kainos Capital, Texas Motor Speedway, and more.
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by Dallas Innovates | Staff Report |
Aug 19, 2022
The "Transforming Communities"-themed event on October 6 features America’s most decorated track and field athlete, Allyson Felix. While the athletic legend may be retiring from competitive athletics, she's amplifying her voice for women’s rights.
She'll also talk about launching her new brand for women, led by women.
She'll also talk about launching her new brand for women, led by women.
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by Dallas Innovates | Staff Report |
Aug 18, 2022
Are you or your company a leader in innovation? The Innovation Awards celebrates trailblazers and innovators in North Texas.
Nominate your organization, a colleague, peer, or yourself—by September 22.
Nominate your organization, a colleague, peer, or yourself—by September 22.
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U.S. Patent No. 11,404,228 (Smart acoustical electrical switch) was assigned to ATT Intellectual Property I, L.P.
Dallas Invents: 129 Patents Granted for Week of August 2
by Quincy Preston | Aug 17, 2022
Dallas-Fort Worth ranked No. 10 for patent activity out of 250 metros.
Patents granted include:
• 7-Eleven's vector-based object re-identification during image tracking
• Amazon's multi-factor message-based authentication for network resources
• Blue Yonder Group's sentient optimization for continuous supply chain management
• BMIC's methods of forming an adhesive composition from asphalt shingle waste powder
• Cali-Curl's hair curling system
• Gradalis' methods for treating cancers
• McAfee's methods and apparatus to deconflict malware or content remediation
• NCH Corporation's system method and composition for incubating spores for use in aquaculture agriculture wastewater and environmental remediation applications
• vSpatial's devices and methods for creating a collaborative virtual session
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by David Seeley |
Aug 16, 2022
Colossal is already working to "de-extinct" the woolly mammoth via a mammoth-elephant hybrid project. Now the Tasmanian tiger—which went extinct nearly 100 years ago due to human hunting—is the second species Colossal is seeking to bring back.
"We’re thrilled to be collaborating with Andrew Pask and the University of Melbourne to restore this amazing animal to Earth," said Ben Lamm, Colossal's co-founder and CEO.
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by David Seeley |
Aug 16, 2022
Gary Wojtaszek turned Dallas-based CyrusOne public and grew it into a leading global data center firm. It recently sold for $15 billion. Now—instead of storing computers and data—he aims to store America's RVs, boats, and other "toys" with his new startup, RecNation. With funding secured from Centerbridge Partners, he aims to grow his company by 75 locations a year—and build another multi-billion-dollar business.
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by Kevin Cummings |
Aug 15, 2022
The last day of Dallas Startup Week offered a competitive edge—the Capital One Accelerator Pitch Competition. Eight startups from across the U.S. who'd completed the accelerator program took part. The big winner: Autix, which won the CodeLaunch DFW pitch competition just last November.
Taking second place was California-based nonprofit-branded credit card startup Higher Rewards, while the Crowd Favorite prize went to Atlanta's Simple Money Academy.
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DI People: JCPenney, Sabre, Toyota Connected, Magellan Health, Sonrava, and Dallas Next Make Moves
by Lance Murray | Aug 12, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from UNT Dallas, 49 Financial, Daseke, Rogers Healy Commercial, CrossFirst Bank, and more.
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by Kevin Cummings |
Aug 12, 2022
Ten local founders and innovators sparred in gloves-off debates, "fighting" to win each round.
The fight card included challenges like: Should brands be transparent? Should the government be involved in building the metaverse? And is ESG important? Here are the knockout rounds.
The fight card included challenges like: Should brands be transparent? Should the government be involved in building the metaverse? And is ESG important? Here are the knockout rounds.
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by Kevin Cummings |
Aug 12, 2022
Plus: Dallas Startup Lands Top Prize at Pitch Competition, EV Charger Maker Acquires Charging Installation Company, Business Management Solutions Scoops Up Two Companies, Ingredient Manufacturer Acquired by European Investment Firm, BenefitMall Acquired by Truist Financial Corporation Subsidiary
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by Dallas Innovates | Staff Report |
Aug 11, 2022
Levy has been writing about technology for more than 30 years. A founding writer at Wired, he's widely considered to be the premier tech journalist in the U.S. He’s covered the digital revolution since the early 1980s, reporting every major trend and profiling its key figures.
Today, as a keynote speaker on the closing day of Dallas Startup Week, he took stock of how we got here—and what's next.
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