June was a busy month for local digital tech startups, with over 18 companies raising a round of funding. Here is a look at the five largest fundraising efforts of the last month.
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5. Iconixx, $4.5M, June 16
4. Bee Cave Games, $5.5M, June 1
Investors: Matrix Partners
Bio: Bee Cave Games was founded in 2012 by game industry veterans with the mission to entertain the world with the best casino games.
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3. Lawnstarter, $6M,
Investors: Binary Capital
Bio: LawnStarter combines modern technology, customer service, and professional lawn care expertise to make lawn care the easiest experience ever.
News: This round of funding comes just six months after the startup raised $1 million to help expand into new markets. They plan to use this round to do extensive hiring.
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2. Dropoff, $7M, June 23
Investors: Greycroft Partners, Correlation Ventures, Wild Basin Investments, Texas Atlantic Capital
Bio: Dropoff solves same-day delivery challenges for business by offering an experience built on convenience, reliability and unmatched service, all powered by a proprietary technology platform.
News: This round of funding will be used to fuel expansion into new markets.
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1. TabbedOut, $21.5M, June 5
Investors: New Enterprise Associates, Wellington Management, Morgan Creek Capital Management
Bio: TabbedOut is a mobile payment app available at thousands of locations nationwide and has integrations with over 70 percent of the U.S. service and hospitality POS providers.