Three Dallas Companies Join Capital Factory’s VIP Accelerator

Each month, Capital Factory invites new startups into its accelerator program. Out of November's 13 participants, three local businesses—GuestX, Kanna, and Symphion—made the cut.

Capital Factory recently announced its latest batch of VIP Accelerator startups including three with North Texas ties: GuestX, Kanna, and Symphion.

Through its accelerator program, which accepts tech startups across industries monthly, Capital Factory provides support via its Investor Relations and VIP teams. Its mentor network also helps the program’s companies meet their first investors, find employees, and convert their first customers. Plus, the program offers participating startups coworking space and a “startup evangelist” to advocate for the company, with a focus on raising funding and increasing customer growth.

Meet the latest local participants in Capital Factory’s VIP Accelerator:

GuestX is a company looking to reinvent the visitor experience through a “holistic visitor engagement platform” that changes what it means to buy a ticket, enter a venue, and experience an adventure. GuestX’s CEO Mike Whitaker is based in Dallas. An early customer of the company is Seattle’s Space Needle, which uses the platform for its ticketing, photo memories, and guest marketing.

“Their flexibility allows us to experiment with every idea we envision and this has allowed us to grow new revenue streams and excitement in ways never achieved before,” said Karen Olsen, vice president of marketing at The Space Needle, in a testimonial.

Kanna is a marketplace connecting potential employees with growers and dispensaries in the cannabis industry. The company describes itself as a “passionate team of creatives, hackers, and crazies focused on changing the future of cannabis work.” A number of its principles are located in North Texas, including co-founder and CPO Vu Francois and CEO Farhaj Mayan in Dallas along with CTO Bradley Fought in Arlington.

Symphion offers vendor-agnostic cybersecurity Information-as-a-Service designed to work on all IP-enabled technology. Its software uses “agentless” scanning, meaning it doesn’t install software on the target assets it scans, which gives its solution flexibility and a low profile. CEO Jim LaRoe is based in Dallas.

The rest of Capital Factory’s latest group of VIP Accelerator participants hail from around Texas and include Choose Health, Eggschain, Freede, Game Salad, Grant Source, Lone Star Data Technologies, motiveBIO, Optelos, Security Gate, and Summit. Accelerator participants give Capital Factory a one percent stake in the startup and the rights to invest in their next funding round.

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