Series A funding round

Dallas Fintech Gig Wage Helps Freelance and Contract Workers Find Financial Stability

by | Apr 4, 2022
“Our mission is economic empowerment, period.” says Craig Lewis, Gig Wage founder and CEO. The Dallas 1099 payroll solutions company collaborated with Green Dot and nonprofit Commonwealth on a study of what types of 'financial interventions' help provide financial security to a fast-growing non-traditional workforce in the gig economy. Empowerment starts with understanding, Lewis says. "We want to get involved to start to set the tone on what that understanding should be, so that we can replicate it at scale.”
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Network Automation Startup BackBox Eyes U.S. Growth from New Dallas-Area HQ
by | Mar 29, 2022
Andrew Kahl says that “when companies grow up and figure out what business problem they’re solving, they come to Dallas.”

The Israeli startup's move to the U.S. is fueled by a $32 million Series A funding round it closed in late October—the same time the company announced its relocation plans.
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Aiming to Make Fort Worth a Hub of ‘Energy 2.0,’ Electric Motor Maker Launches Production with $17M Funding
by | Mar 2, 2022
With 95 patents issued or pending on its tech, Fort Worth's Linear Labs wants to bring manufacturing back to the U.S., seeing the electrification supply chain as a "national security strategic imperative."

Brad Hunstable launched Linear Labs in 2014 after incubating in the TechFW program. This year his company aims to produce 20,000 electric motors and intelligent drive systems—with twice the torque and half the size and weight of competitors.
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DI People: Techstars, Critical Start, VolunteerNow, Corganics, and More Make Moves
In this week's roundup of hires, promotions, and accolades in North Texas, you'll also find news from the Richardson Chamber, PICKUP, BPS Technology, the Frontiers of Flight Museum, UNT Health Science Center at Fort Worth, and Giving DNA. Plus, Governor Abbott appoints three North Texans to the Governor's Commission for Women.
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