Weekly Refresh: 3 Acquisitions, and RideAustin Goes Open Source

by Tatum Hunter
October 7, 2019
austin tech news jobs startups
photo via shutterstock

Diligent Robotics secured $3 million to continue developing hardware and software for socially intelligent robots. Diligent’s Moxi robot performs back-end chores so human workers can focus on people-facing tasks. After monthlong beta trials at four U.S. hospitals, Moxi will now be available full-time to hospitals, with the help of this latest funding round. [Press release]

RideAustin will make its ride-hailing software open to the public. The company announced Thursday it will open source its platform so other entities can make use of its market-proven non-profit model. RideAustin has provided almost three million rides and gifted more than $450,000 to local charities by letting its drivers donate some of their pay. The organization said its rides are usually less expensive than comparable ride-hailing services such as Uber, and it pays its drivers 30 to 50 percent more. [Press release]

Home maintenance startup PreFix raised $2.7 million. PreFix assigns each of its customers, which include homeowners and landlords, a dedicated home manager to fix what breaks and perform biannual maintenance checkups. The fresh funding will help the startup expand in Central Texas and launch in new markets, as well as add to its team. All PreFix employees have partial ownership in the company. [Company statement]

Cybersecurity startup Threatcare was acquired by Florida-based security company ReliaQuest. Threatcare helps companies ward off online dangers through cyber-attack simulations and AI-driven security assistants. The startup, which has been recognized for its commitment to inclusive business practices, will keep its entire team on board in Austin. The terms of the deal were not disclosed. [AustinInno]

Austin’s Custom Church Apps was acquired by Seattle-based church tech company Subsplash. Yes, “church tech.” Subsplash’s platform provides tools to help churches better engage members. The addition of Custom Church Apps will let Subsplash support churches as they grow their mobile presences. The terms of the deal were not disclosed. [Press release]

Austin SaaS company Epicor acquires Ohio-based 1 EDI Source. Epicor make industry-specific business development software, and 1 EDI Source makes electronic data interchange and business visibility tools. The terms of the deal were not disclosed. [Press release]

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