Healthcare Startup Sana Gets $20 Million More in Funding

Sana, the startup disrupting the healthcare insurance industry by providing coverage for small businesses at a discount, announced recently that it has closed on $20 million in funding. To date, Sana, founded in 2017 by Will Young and Nathan Hackley, has raised $47.1 million. The latest round of funding is an extension on the company’s Series […]

Touchdown PR Establishes its Global Headquarters in Austin

As Austin’s technology industry grows, so do the support businesses. This week, Touchdown PR, a global public relations agency focused on the technology industry, announced plans to move its headquarters to Austin. The company opened a new office in North Austin and plans to hire 20 new staff members over the next 18 months for […]

REE Automotive Sees Austin as a Tech Hub for Electric Vehicles

REE Automotive recently announced plans to open a North American headquarters and assembly site in Austin with 150 new jobs. “Austin came out winning this with flying colors,” said Daniel Barel, the company’s CEO and Co-Founder. It chose Austin because of the city’s booming technology industry, its culture of innovation and openness, and the weather […]

Matt Wursta Talks About his Company’s Challenges and Growth on the Ideas to Invoices Podcast

Wursta landed in the top 500 of the Inc5000 list of the fastest-growing companies in the country for two years in a row. This year, Austin-based Wursta was listed as No. 440 on the Inc5000. Matt Wursta, CEO, founded his eponymous company in 2014 in the basement of his parent’s house in Allentown, Pennsylvania after […]

Gradient Works Raises $2 Million in Funding

Gradient Works, a sales tech startup based in Austin, announced this week it has raised $2 million in seed-stage funding. The company is founded by Hayes Davis and Jenn Deering Davis, previously founders of Union Metrics, a social media analytics company that merged with Austin-based TrendKite in 2018. TrendKite was then acquired for $225 million […]

Austin’s UpEquity Closes on $50 Million in Funding

Austin-based UpEquity, a tech-enabled mortgage company, announced it has closed on $50 million in funding. S3 Ventures led the Series B funding which included $20 million in equity and $30 million in debt. Other investors included Next Coast Ventures, BP Capital Management, Alumni Ventures, Gaingels, Launchpad Capital and Early Light Ventures. To date, UpEquity has […]

CDW Buys San Antonio-based Sirius Computer Solutions for $2.5 Billion

CDW Corp. has entered into an agreement to buy San Antonio-based Sirius Computer Solutions for $2.5 billion in cash. Harvey Najim left a career at IBM to found Sirius Computer Solutions in 1980, originally named Star Data Systems. In 2011, Najim stepped down from Sirius and Joe Mertens, a longtime executive, became Chief Executive Officer. […]

Third Quarter and 2021 VC Investments Hit Record Levels for Texas and Austin

In the third quarter, the U.S. saw $82.8 billion in capital invested in 3,518 deals, according to the Q3 Pitchbook-National Venture Capital Association Venture Monitor report. For the first three quarters, the report’s data shows companies have attracted $238.7 billion across 12,837 deals and breaking the previous record set in 2020 of $155.4 billion.  And […]

Austin’s Rocket Dollar Invests Retirement Dollars in Alternative Assets like Cryptocurrency, NFTs, Real Estate, and More

After selling Honest Dollar, the company he co-founded, to Goldman Sachs, Henry Yoshida recognized another super trend. He had spent his career in the financial services industry with a particular focus on retirement accounts. Before Honest Dollar, Yoshida, a certified financial planner, had also founded MY Group LLC, a $2.6 billion assets under management retirement […]

50/50 Women on Boards Launches Austin Chapter to Advocate for More Women on Corporate Boards

Texas has 267 companies on the Russell 3000 Index and only 23 percent of them have women on their boards of directors, according to the 50/50 Women on Boards Gender Diversity Index. And only 13 of them are gender balance where they have 50 percent women and 50 percent men on their boards. Those figures […]