QuotaPath raises $3.5M
TrendKite co-founder AJ Bruno’s new startup QuotaPath, which is split based between Philadelphia and Austin, raised $3.5 million this week. Existing investor ATX Seed Ventures led the round, with a group of internal investors, including Bruno, also participating. Bruno launched QuotaPath to a group of early access users in September last year and has plans to launch open access in the coming months. Its platform provides a quota and commission tracking system for sales reps. [Press Release]
Serial entrepreneur, Amazon tech mentor joins Austin tech as investor
Ryan Merket, a two-time founder, early Facebook employee, angel investor, and, most recently, an advisor and mentor for Amazon’s startup team, has joined Firebrand Ventures as a partner located in Austin. The firm, based out of Kansas City, invests in early-stage Midwest startups, from Austin up to Columbus, and has invested in five local startups to date including Threatcare and ScaleFactor. [Crunchbase]
Guild adds $7.5M to previous funding
According to a filing with the SEC, travel tech company The Guild has raised an additional $7.5 million in funding from 32 investors to a previous round recorded in November of last year. The company, which launched in 2016, hosts travel accommodations in freshly renovated apartments that allow guests to enjoy hotel-quality amenities while living it up local-style. [FormDs]
Claimbot closes $615K seed funding
Austin-based Claimbot has raised a $615,000 seed round from the Google Assistant Investments program, Notley Ventures, Social Starts and several individual angel investors. The company offers a virtual chat engine specific for the insurance and automotive industries. Claimbot, founded by CEO Miguel Fernández, will direct the funding toward product development and sales. [Press Release]
Treble launches startup accelerator program
Local PR agency Treble shared this week the opening of its new program, the VC Portfolio Funding Launch Accelerator Program. The five-week accelerator will support startups in maximizing funding announcements through media relations and strategic guidance. Ethan Parker launched the agency from Austin in 2013. [Press Release]