Five Austin tech companies raised a combined total of $131.75 million in the month of May. Homeward took the top spot with $105 million in funding. Read on for the details on each of Austin’s top funding rounds this month.
#5. $3.25 million, May 13
Its AI platform for restaurants automates orders from voice channels like phone calls, drive-thru terminals, self-service kiosks and more. The aim is to prevent order errors. It plans to use the seed funding to grow its base and expand its footprint.
#4. $3.5 million, May 11
The automated scheduling platform uses an algorithm to figure out an appointment’s worth. With the seed funding, it’ll make some new hires and refine its software. The company started in 2018.
#3. $5 million, May 5
First Dollar designed an HSA account with no monthly fees. Next Coast Ventures and Meridian Street Capital provided the seed funding. It plans to hire to scale its offering and build out new features.
#2. $15 million, May 13
ALTR offers data security products and solutions. It plans to use the new funds to fuel its growth. The company also recently appointed two new vice presidents.
#1. $105 million, May 14
Real estate startup Homeward allows agents to buy and sell clients’ homes online through a single platform. Adams Street Partners led the $20 million in equity. It plans to triple its team in 2020 with the new funding.
