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Brands in the latest SKU Dallas accelerator cohort.
From Innovative Ice Cream to Energizing Kombucha, SKU Dallas Accelerator Aims to Grow the Next Batch of Consumer Brands
by Kevin Cummings | Aug 4, 2022
SKU Dallas set up shop in North Texas in 2020, partnering with DFW CPG as a local arm of the Austin-based CPG-focused accelerator. It's graduated 12 companies since then, including local plant-based jerky brand All Y’alls Foods, along with Texas-based mmmpanadas and Meli’s Monster Cookies.
Now it's announced its third lineup of CPG startups. All female-founded, they range from a Brooklyn sexual wellness and body product company to a California-based Vietnamese cold-brew coffee brand.
by Kevin Cummings |
Aug 1, 2022
PH Innovation Holdings, operator of fitness gear and training tech platform company POWERHANDZ, has landed a “multimillion-dollar” investment from Vanguard Holdings Group in an all-Frisco deal. In addition, Vanguard Holdings has issued a private tender offer to acquire all issued and outstanding minority shares of PHI.
“This partnership will allow us to reach more athletes and shift mindsets about overall performance, physically and financially,” said POWERHANDZ CEO Danyel Surrency Jones.
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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 |
Jul 26, 2022
Co-Founder Clifton Harness says TestFit is the first company to connect pro forma, construction cost, and asset design through building configurator software. The technology allows companies to "de-risk decisions" and log critical time savings when they develop new real estate. The funding will help the startup expand its R&D, quadruple its product and engineering teams, and build a new HQ.
“With TestFit, we see a disruptor driving a paradigm shift in the real estate industry,” said Gregg Hill, co-founder and managing partner at Parkway Venture Capital, which led the funding round.
“With TestFit, we see a disruptor driving a paradigm shift in the real estate industry,” said Gregg Hill, co-founder and managing partner at Parkway Venture Capital, which led the funding round.
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Bitewell's founders include CEO Chris Fanucchi (left) and CMO Samantha Citro Alexander [Photo: Bitewell]
Bitewell Launches its ‘Healthy Eating Ecosystem’ in Dallas
by Kevin Cummings | Jul 12, 2022
Bitewell—which has already served about 5,000 subscribers in a months-long pilot—is officially launching its personalized meal planning app in the Dallas area. The platform helps users make healthy eating decisions when eating out or dining in. After launching in Dallas with backing from several seed funders, it plans to expand to cities like Chicago in the future.
“Our mission as a business is to make healthy eating simple and accessible for all,” says Bitewell co-founder and CMO Samantha Citro Alexander.
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by Kevin Cummings |
Jul 11, 2022
Quiltt, a low-code financial tech platform that "lowers technical barriers for innovators," announced its beta launch for other startups and small businesses. The company closed a $4 million seed funding round earlier this year.
“Quiltt's vision is to make fintech development more accessible so that more growing businesses and startups can create seamless experiences for their customers,” says Ruben Izmailyan, Quiltt co-founder and CEO.
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by Kevin Cummings |
Jun 30, 2022
Meritize CEO Chris Keaveney, in a previous stint as a student loan credit officer, saw that "educational finance was really not student lending—it was family lending. And the loans were really made to prime and super-prime co-signers."
Meritize provides an alternative to the traditional way of securing an educational loan, he says. The platform looks at a person's "potential to succeed," providing options that can help get workers trained and placed in a variety of industries.
Meritize provides an alternative to the traditional way of securing an educational loan, he says. The platform looks at a person's "potential to succeed," providing options that can help get workers trained and placed in a variety of industries.
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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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Joshua Aaron is CEO of Aiden Technologies Inc. [Image: Aiden Technologies]
Aided by Grant Funding, a Fast-Growing Cybersecurity Startup is Relocating its HQ to McKinney
by Kevin Cummings | Jun 14, 2022
With a grant from the McKinney EDC added to its $2.9 million 2021 seed funding round, Aiden Technologies is moving to Serendipity Labs in McKinney's Craig Ranch Development. The startup has been on a tear since it launched its tech a little over a year ago. With offices in New York and California and $1 million in annual recurring revenue, it plans to grow its team and expand its market.
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by Kevin Cummings |
Jun 7, 2022
With around $15 million in funding to date, Flower Mound-based OrangeGrid is on a mission to rid the mortgage loan servicing industry of the need for emails and spreadsheets. Its no-code platform allows users to create automated workflows across different software systems, especially in highly regulated industries, and bring them into a single dashboard.
Why did the startup move from California to Dallas-Fort Worth? "Essentially, DFW is the mortgage servicing capital of the country," CEO Todd Mobraten told us.
Why did the startup move from California to Dallas-Fort Worth? "Essentially, DFW is the mortgage servicing capital of the country," CEO Todd Mobraten told us.
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by Kevin Cummings |
Jun 1, 2022
In about 24 months, Plano-based Tentacle has grown from an "idea sketched out on a PowerPoint deck to a valuable enterprise application that's able to solve real problems," says founder and CEO Matt Combs.
Now a new investment by Providence Strategic Growth will help the cybersecurity startup expand both its functionality and market position, after a 105% surge in ransomware attacks and a 350% increase in social engineering attacks in 2021.
Now a new investment by Providence Strategic Growth will help the cybersecurity startup expand both its functionality and market position, after a 105% surge in ransomware attacks and a 350% increase in social engineering attacks in 2021.
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by Kevin Cummings |
May 31, 2022
Many who are diagnosed with a mental health condition had no idea the symptoms they suffered were related to mental health. McKinney-based Connected Mind aims to change that with technology that screens people for the most common types of mental health conditions.
“It's like being interviewed by a psychologist, but it's a computer,” says CEO and CTO Christian Lehinger.
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Left to right: HireLogic CEO Anirban Chakrabarti; co-founders and board members Umesh Ramakrishnan, Buster Houchins, and Nancy Albertini [Photos: LinkedIn]
With $4M in Funding, Dallas Startup Aims to Streamline the Hiring Process
by Kevin Cummings | May 11, 2022
Dallas-based software startup HireLogic aims to improve the job interview process with its AI- and machine learning-powered platform, designed to help automate the screening process. Its CEO says he wants to help companies "gain insights from interview data to make faster, better hiring decisions."
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by Kevin Cummings |
May 10, 2022
Plano-based Wink has landed a $2.85 million pre-seed funding rounding, exceeding its initial target of $1 million by almost $2 million. Billing itself as the “first zero-click camera checkout,” Wink uses voice and facial recognition technology to allow users to make purchases without inputting financial information on their digital devices.
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by Kevin Cummings |
May 10, 2022
Plano-based digital fitness systems startup OxeFit has announced new funding from backers including PGA golfer Dustin Johnson and Los Angeles Rams cornerback Jalen Ramsey.
That brings OxeFit's total funding to more than $35 million, including existing backing from current and former Dallas Cowboys players Dak Prescott, Jason Witten, Dez Bryant, and Blake Jarwin.
That brings OxeFit's total funding to more than $35 million, including existing backing from current and former Dallas Cowboys players Dak Prescott, Jason Witten, Dez Bryant, and Blake Jarwin.
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by Dennis Cagan |
May 10, 2022
Entrepreneur, investor, and corporate governance authority Dennis Cagan shares insights on seldom-taught things an entrepreneur needs to know about equity and governance—before making needless mistakes—in The Shadow CEO series.
Part 8: Determining Valuation
Part 8: Determining Valuation
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