Startup

Dallas Startup Immerss Aims To Be the ‘Go-To Solution’ for Live E-Commerce

by | Sep 1, 2022
Working with San Antonio-based bootmaker Lucchese, Immerss delivered a use case that gave the brand a real kick, with a live e-commerce shopping experience that moved the majority of Lucchese sales to direct-to-consumer. That turned the bootmaker from client to investor through a $1.1 million seeding check. Now Immerss is looking to raise millions more to become the "go-to solution" for live e-commerce. Co-founder Patrick Jacobs told Dallas Innovates an early meeting with Lucchese's president led to a "lightbulb moment"—one that set Immerss on an innovative new path.
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Wealth Management Tech Startup VRGL Raises $15M to Help Firms Acquire Clients, Manage Proposals
Founded in 2021, Dallas-based VRGL is an automated data and analytics platform for wealth management firms. Aimed at streamlining time to revenue and increasing initial check sizes, the platform can present a "complete and transparent view" of a prospect's entire portfolio within minutes—serving a need that's "ripe for innovation and disruption," one investor said.

“The VRGL team quickly took a one-firm product and turned it into a platform every advisor can use,” two other investors added in a joint statement.
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Dallas Startup Von Perry Looks to Raise $2M to Build More 3D-Printed Homes Across Texas
by | Aug 31, 2022
Von Perry's first 3D-printed geopolymer concrete home is slated for completion in October in the small town of Nevada, Texas. As the startup prepares to kick off its $2 million fundraising effort on the StartEngine crowdfunding platform, it's planning six other custom projects in Texas—and thinking big. “We are actually building real houses using 3D printers, and that is a jaw-dropping moment for [people]," says Von Perry's co-founder and CTO. "Because they don't even believe it is possible."
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Dallas Invents: 155 Patents Granted for Week of August 16
by | Aug 31, 2022
Bank of America's correction, synchronization, and migration of databases, Berkshire Biomedical's computerized oral prescription administration with refillable medication dispensing devices, UT Systems' cancer cell trap, Cleanspray USA's disinfection system for mass transit vehicles, Fujifilm Medical Systems' detecting errors in artificial intelligence engines, Knightscope's autonomous parking monitor, Micron Technology's modified checksum using a poison data pattern, Texas Instruments' handling non-correctable errors, Textron Innovations' fuel cell powered line-replaceable thrust module, The Nielsen Company's methods and apparatus to improve usage crediting in mobile devices, and UNT's ultrasonic through-wall sensors.
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$100K Black Girl Magic Pitch Competition Winners Announced, Including Two Dallas Startups

by | Aug 30, 2022
The fourth annual Black Girl Magic Summit—presented by Dallas-based Boss Women Media and Capital One—was released as a video experience on Amazon's Prime Video Saturday. Here's a look at the winners of its pitch competition, from a Creole fusion-inspired founder to moms who actually get real about motherhood to a woman who's juicing her way to success.

The winners had lots of competition. This year's contest had 10,033 entrants nationwide—almost double the number from 2021.
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Follow the Money: P10 Acquires California Investment Firm, SmartMoving Lands $41.5M, and More
by | Aug 29, 2022
In this week’s North Texas deal flow, you’ll also find news about Biotech Renibus Therapeutics raising $8.48M to fight cardio-renal disease; Deposits raising $5M for its plug-and-play financial services platform; Lion Real Estate Group targeting multifamily properties in the Sun Belt with a $200M fund, and more.
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Dallas Mayor Eric Johnson Taps Attorney Carlos White as Franchise Impact Ambassador
by | Aug 26, 2022
Johnson launched the ‘Mayor’s Franchise Initiative’ to foster economic growth earlier this week. Carlos White’s goal will be to make Dallas “a global hub for franchising” by forming partnerships that can help teach city residents how to create, systematize, and scale successful businesses.
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DI People: American Airlines, StackPath, Infolob, and More Make Leadership Moves
by | Aug 26, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from the cities of Dallas and Plano, the North Texas Commission, TPG, ParkHub, Vistra, CyrusOne, Van’s Kitchen, ROBOAMP, and more.
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Deposits, a Dallas Startup, Raises $5M for Its Plug-and-Play Financial Services Platform

by | 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.
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Dallas-Based SmartMoving Raises $41.4M to Help Automate the Moving Process
by | 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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In All-Dallas Deal, Parking Tech Platform ParkHub Bolsters Its Payments Solutions
by | 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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Follow the Money: Recuro Health Expands with New Acquisition, Texas Cybersecurity Transplant Raises $70M, and More
by | 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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The Last Word: LibDib’s Cheryl Durzy on Graduating a Craft Tequila Brand to RNDC Distribution

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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DI People: Toyota, ERCOT, Bank of Texas, Comerica Bank, LERMA/, and More Make Leadership Moves
by | 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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‘Run, Don’t Walk’ to Reserve Your Spot for This Texas Women’s Foundation Annual Luncheon 
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.
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Nominate Now:
Dallas Innovates and D CEO Announce ‘The Innovation Awards 2023’
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.
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