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seed funding
Verax AI Co-Founders Leonid Feinberg (left) and Oren Gev [Photo: Business Wire]
Dallas-Based Verax AI Raises $7.6M in Seed Funding, Aims to Mitigate AI Risks in Real Time
by Lance Murray | Oct 30, 2024
With offices in Dallas, Tel Aviv, and London, Verax AI develops enterprise-grade software solutions that provide visibility and control of AI in production. Its newly launched Verax Control Center aims to enable "trustworthy and responsible AI," mitigating factual errors and hallucinations in real time.
by Lance Murray |
May 25, 2023
Plano-based G.O.A.T. Fuel raised its "first-ever institutional round of funding in a space that’s becoming increasingly more competitive and despite growing market challenges."
The energy drink co-founded by NFL Hall of Famer Jerry Rice in 2020 is powered by natural caffeine, cordyceps mushrooms, green tea, electrolytes, BCAAs, and 10 essential vitamins.
The energy drink co-founded by NFL Hall of Famer Jerry Rice in 2020 is powered by natural caffeine, cordyceps mushrooms, green tea, electrolytes, BCAAs, and 10 essential vitamins.
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by Lance Murray |
Dec 16, 2022
Founded in 2019 by Mark Bunting, Grata is a first-of-its-kind online platform for consumers to convey recognition directly to a brand's frontline employees in real-time. The company said that investors who have joined to support the success of Grata include Capital Factory, Clutch, Hall Group, and Perot Jain.
The startup has assembled a team of entrepreneurial veterans and industry experts including Patrick Brandt, Wesley Bryan, Allison Swope, and John Rabara.
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by Kevin Cummings |
Oct 5, 2022
Founded in 2020, Dallas-based Sonara Health has a big mission: "We want to end the opioid epidemic and save lives." To help tackle it, Sonara secured a patent last month for a take-home methadone monitoring system. With the new funding and earlier support from backers including Mark Cuban, the startup has raised $5M to date.
"In a world where we send billionaires to space in reusable rockets, I thought we ought to be able to create a solution that helps patients with opioid use disorder to get their daily medication in a way that does not disrupt their daily lives," said CEO Michael Giles, M.D.
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John Green, co-founder and current CEO of Nada, will transition to COO. [Photo: Nada]
Dallas-Based Nada Closes $8.1M Seed Round to Make Real Estate Investments More Accessible to All
by Kevin Cummings | 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.
“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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by Kevin Cummings |
Jun 22, 2022
AlgoPear, a subscription-based algorithmic stock trading platform, has onboarded more than 4,000 users and grown its monthly recurring revenue with a team of 15, according to co-founder and CEO Ronnie Green.
Green says the startup is seeing the "hypergrowth that any founder or any investor would love to see right now."
Green says the startup is seeing the "hypergrowth that any founder or any investor would love to see right now."
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by Kevin Cummings |
Mar 17, 2022
Jordan Olivas moved from Texas to Pakistan to launch QisstPay, a one-click checkout platform. Today it processes about 10% of all e-commerce transactions in that country—and Olivas has moved its global HQ to North Texas.
Qisstpay expects to process more than $1 billion in payments this year. With $15 million raised in October and U.S. expansion underway, the startup is now aiming for another raise. “I want to be a unicorn by the end of 2022,” Olivas told us.
Qisstpay expects to process more than $1 billion in payments this year. With $15 million raised in October and U.S. expansion underway, the startup is now aiming for another raise. “I want to be a unicorn by the end of 2022,” Olivas told us.
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![The Techstar team briefed the Fort Worth City Council on the new accelerator program Tuesday. [Courtesy photo]](https://s24806.pcdn.co/wp-content/uploads/2022/02/Techstars_announcement-360x203.jpg)
by Kevin Cummings |
Feb 22, 2022
Trey Bowles, a longtime startup champion in DFW, will helm Fort Worth's Techstars physical therapy-focused accelerator. "It's a big win for the region," Bowles says. "Customers and capital are the things that help startups grow."
Techstars Physical Health Fort Worth is the first accelerator for Techstars in North Texas—and the "first true accelerator in Fort Worth," says HSC's Cameron Cushman, a key player in attracting the program.
Techstars Physical Health Fort Worth is the first accelerator for Techstars in North Texas—and the "first true accelerator in Fort Worth," says HSC's Cameron Cushman, a key player in attracting the program.
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Kyle Waldrep, founder and CEO of Dottid
Dallas Proptech Founder: Industrial Assets Are More Than ‘Just a Box’
by Quincy Preston and Sandra Engelland | Jan 12, 2021
CEO Kyle Waldrep's fast-growth startup is using technology to streamline commercial real estate deals and give a birds-eye view of portfolios. It gained ground with the development of the first digital asset and lease management tool for the industrial sector.
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by Riley Farrell |
Nov 9, 2020
The announcement comes during a time of rapid financial growth for the company, as ShearShare reaches $3.4 million in overall funding.
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by Sandra Engelland |
Aug 31, 2020
Toni Portmaan's SaaS virtual real estate and digital office platform was built for the age of WFH—well ahead of the pandemic. It's in its second round of seed funding.
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by Quincy Preston |
Jul 21, 2020
Founded by social entrepreneur Michelle Corson, On the Road Garage intends to fix cars affordably, while tackling underemployment and transportation challenges among vulnerable populations. The first location in Irving is now open, and applications for technology-forward apprenticeships and training are online.
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[Image: Courtesy Mercado Labs]
Mercado Labs Gets $3.2M in Seed Funding for Global Supply Chain’s ‘First Mile’
by Lance Murray | Jan 29, 2020
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.
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by Lance Murray |
Jan 16, 2020
In this weekly roundup of funding, merger, and acquisition activity, you’ll also find news from TestFit, Valify, Pharos Capital, EDSCO Fasteners, and Dottid.
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by Lance Murray |
Jan 15, 2020
Regardless of what type of funding it is—seed, venture capital, angel, or corporate—here are 31 North Texas companies that successfully pulled in capital last year to back their ventures.
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by Lance Murray |
Jan 13, 2020
The startup also recently hired a former Toyota Connected engineer as its new CTO and completed a pilot program with a major Texas developer.
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