startup

Startup Connecting Students to HBCUs Moves from California to McKinney

by | Apr 28, 2022
HBCU HUB, a startup focused on connecting students to recruiters at historically Black colleges and universities, is moving its headquarters to McKinney with the aid of grant funding from the McKinney Economic Development Corporation’s Innovation Fund.
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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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Why A Payments Platform Moved its Global HQ to Dallas, with Plans to Become a Unicorn
by | 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.
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‘A Healthy Eating Ecosystem’: Dallas Startup Aims to Help People Stay Healthy While Eating Out and In

by | Mar 9, 2022
The personalized meal planning startup, bitewell, is launching soon in Dallas with an app that offers "menu transparency" on around 600 local restaurants to help users find meals that meet their needs. It also offers a wide range of recipes for making personalized meals at home.

“Our mission as a business is to make healthy eating simple and accessible for all,” says co-founder and CMO Samantha Citro Alexander. Next up: Chicago, and then the world, the team says.
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Building on a ‘Crypto Mining Gold Rush’: Dallas’ Blockmetrix Raises $43M Series B
by | Mar 8, 2022
With $50 million in total funding since launching just last year, Blockmetrix plans to purchase more than 5,000 bitcoin mining rigs, adding to more than 1,000 it currently operates—mostly in Oklahoma.

But the startup aims to go beyond mining bitcoin to research and develop crypto revenue sources, loan bitcoin, set up a cryptocurrency exchange, and more.
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Alto Expands Service to Silicon Valley as It Builds a New Dallas HQ and Aims to Go All‑Electric
by | Mar 8, 2022
Dallas-based ridesharing company Alto is entering its sixth market, after launching in Dallas and expanding to Houston, L.A., Miami, and Washington, D.C. With $60 million in funding since its 2018 launch, CEO Will Coleman talks about building a new HQ in the Dallas Design District, aiming to be in 25 metros over the next few years, and planning to be 100% electric by end of 2023.
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Follow the Money: Blue Star Invests in Payments Unicorn, Ryan Scoops Up Property Tax Firm in All-Local Deal, and TPG Co-Leads $160M Investment in Video Game Developer
by | Mar 8, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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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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Last-Mile Delivery Startup Names New CEO After Being Founder-Led Since 2014
by | Feb 24, 2022
Plano-based PICKUP has named Brian Kava, who joined the company in September of last year, as its new CEO. He takes over from Brenda Stoner, who founded the company and has led it since 2014. One of his goals is to continue to grow PICKUP, which serves 80 U.S. markets with a more than 200-person team.
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Dallas Fintech Startup Emerges From Stealth to ‘Democratize Banking’
by | Feb 23, 2022
Emerging from stealth this quarter, Deposits.com, a platform that Co-Founder and CEO Joseph Akintolayo describes as the “Shopify of banking," is looking to add financial literacy and wellness tools to its technology. It plans to do that in a partnership with Utah-based MX, a financial data platform valued at $1.9 billion.
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After Opening a New Office in Miami Beach, CourMed is Bringing its Concierge Health Care Platform Home to North Texas
by | Feb 23, 2022
McKinney-based CourMed, a concierge health care services delivery company, has expanded with a regional office in Miami Beach and a growing presence in several Western states. “There's an opportunity for us to really create something new in the marketplace that doesn't exist,” its founder and CEO Derrick Miles tells Dallas Innovates. “This is a totally different type of care. We call it the antithesis of seven-minute medicine.”
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Follow the Money: Black in Tech Challenge Winners, Mark Cuban Invests in Tattoo Care Startup, the WNBA Gets New Backers, and More

by | Feb 18, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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Fueled by a $132M Series B Raise, Indian Automation Startup Expands to North America with Frisco Offices
by | Feb 16, 2022
Addverb produces around 10,000 robots a year at its Noida, India, manufacturing facility. Now Addverb's CEO has a mission for his robots: to help address pandemic supply chain disruptions in the U.S.
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With Mark Cuban Cos.’ Backing, This Plano Startup Helps Police Find Moonlighting Jobs
by | Feb 9, 2022
Illuno is a staffing and scheduling platform that co-founder Luke Guthrie calls an “officer on-demand system.” It helps departments and officers coordinate moonlighting work with transparency, including rental payments for police cars used for after-hours security work.

With backing from the Mark Cuban Companies, Illuno is now looking to expand nationwide.
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Dallas Bill Payments Platform Emerges From Stealth With $4.5 Million in Funding
by | Feb 9, 2022
Highline's platform reimages "the broken bill payment system." To avoid customers' overdrafts and build their credit, the fintech links bill payments directly to their payroll platforms, rather than their bank accounts.
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