7BC Venture Capital

Follow the Money: Dallas Unicorn Adds Cisco Investments as New Backer; Fort Worth Glove Maker Lands $58M for Facility, HQ Upgrades; and More

by | Jul 29, 2022
Plus: Southlake SPAC to take financial services firm public; real estate startup Nada Closes $8.1M seed round; Southlake PE firm is raising two biotech-focused funds; Jones family-backed investment firm acquires travel software company; and more North Texas deals.
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Dallas-Based Nada Closes $8.1M Seed Round to Make Real Estate Investments More Accessible to All
by | Jul 27, 2022
Nada's Cityfunds enable people to invest in single-family rental homes and fractionally invest in owner-occupied homes in Dallas, Austin, and Miami. With the new funding, Nada plans to expand Cityfunds to six new cities, grow its Oak Lawn-based staff to around 60, and develop a home equity-accessing debit card.

“We fundamentally believe that we can make a material difference to people's lives by making real estate as an asset more accessible,” co-founder and CEO John Green told Dallas Innovates.
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