Backflip said that first-time and experienced residential real estate investors "from Alaska to Hawaii" can now leverage its data, technology, and capital to make better real estate investment decisions and fund the rejuvenation of the nation's 65 million aging homes. The startup, which raised $35 million in a funding package last year, also announced a C-suite hire and an Austin startup acquisition.
At Dallas Startup Week today, three leading early-stage investors offered tips on how founders should pivot in today's shifting economy. Perkins Coie's Valeska Pederson Hintz, LiveOak Venture Partners’ Mike Marcantonio, and S3 Ventures' Eric Engineer shared insights and advice.
Despite the downturn, "If you've got a capital-efficient, growing business that has strong unit economics, at the end of the day that business is fundable, and that's what we're looking for," Marcantonio said.
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.
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.
The Live Oak Venture Partners team, left to right: Mike Marcantonio, Juliana Giraldo, Venu Shamapant, Krishna Srinivasan, Wafae Owen, David Stewart, and Creighton Hicks [Photo: Live Oak Venture Partners]
Mercado's platform "brings order to your imports" by optimizing the first 120 days of the supply chain. The Dallas-based tech startup said the recent funding will be used for new product development and marketing outreach.
AmplifAI combines artificial intelligence with customer data to improve employee satisfaction. The new capital from Naya Ventures, LiveOak Venture Partners, and Capital Factory will get the startup closer to real-time assistance.
North Texas is a big place, with plenty to do, see, hear, and watch. So, we scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Driven by advancements in technology and digital transformation, the tech industry is experiencing unprecedented growth. However, this growth is accompanied by a significant challenge that nearly 90% of employers are facing—a shortage of tech talent in the US....
WSP, a leading engineering, environment, and professional services consultancy in the U.S. has named Ning Zhang national tolling lead and will be based in the company’s Dallas office.
In his new role as a vice president, Zhang will be responsible for enhancing and reinforcing its growing range of toll industry services to new and existing clients....
Allen-based Inbenta, an AI platform purpose-built to optimize customer experience, has appointed David Barnhardt to head of experience, Janice Diner to chief marketing officer, and Robin Dindayal to head of product....
Matthew Osborn has joined Dallas-based Goodnight Midstream LLC as president and chief operating officer of the Tailwater Capital LLC portfolio company, a leading provider of produced water handling services in Permian Basin, Bakken, and Eagle Ford....
North Texas is a big place, with plenty to do, see, hear, and watch. So, we scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Driven by advancements in technology and digital transformation, the tech industry is experiencing unprecedented growth. However, this growth is accompanied by a significant challenge that nearly 90% of employers are facing—a shortage of tech talent in the US....
WSP, a leading engineering, environment, and professional services consultancy in the U.S. has named Ning Zhang national tolling lead and will be based in the company’s Dallas office.
In his new role as a vice president, Zhang will be responsible for enhancing and reinforcing its growing range of toll industry services to new and existing clients....
Allen-based Inbenta, an AI platform purpose-built to optimize customer experience, has appointed David Barnhardt to head of experience, Janice Diner to chief marketing officer, and Robin Dindayal to head of product....
Matthew Osborn has joined Dallas-based Goodnight Midstream LLC as president and chief operating officer of the Tailwater Capital LLC portfolio company, a leading provider of produced water handling services in Permian Basin, Bakken, and Eagle Ford....