These Tech Companies Moved Their Headquarters to Austin in 2021
Austin’s tech talent has been growing for several years, and as more people move to the Texas capital additional companies are expected to relocate to the area.
For example, Oracle moved from the Bay Area last year and is now a major employer in Austin. Large companies, like Oracle, attract a high volume of tech talent which often draws other tech companies to the area in hopes of taking advantage of the local talent pool.
So far this year, companies have relocated from places like San Francisco, Portland, North Carolina and Dallas. To keep track of the tech businesses opening Austin headquarters, Built In created a running list of these relocating companies.
This article will be updated as more companies make the move to Silicon Hills.
KingIsle, a developer of online role-playing games, said in December that it would relocate from Plano to Round Rock after receiving economic development incentives from city officials. The company promised to create an additional 150 jobs within three years and invest at least $500,000 into a building at 2700 La Frontera Blvd.
The e-commerce platform announced on December 9 it would move its headquarters from Houston to Austin. Cart.com, which launched in November 2020, has more than 150 employees already in Austin and plans to hire another 150 over the next year.
Tesla CEO Elon Musk announced on October 7 that the company would be moving its headquarters to Austin and officially made the move in December, according to an SEC filing. Tesla is in the process of building a four- to five-million-square-foot gigafactory near the Austin-Bergstrom International Airport. The gigafactory could employ at least 5,000 people.
BluePallet announced in October 2021 that it was moving its headquarters from Chicago to Austin to be closer to Houston’s robust chemical industry and Austin’s tech scene. Founded in 2020 through the merger of chemical marketplace EchoSystem and fintech company Velloci, BluePallet modernizes trade and transactions between manufacturers and the chemical industry.
In mid-August, Green Dot announced its corporate headquarters will move from Pasadena, California to Austin. Founded in 1999, Green Dot is a digital bank and fintech company that has served more than 33 million customers. The company, which is actively hiring for dozens of remote positions, is also a provider of reloadable prepaid debit cards.
Founded in 2013, NinjaRMM’s cloud-based software is used by service provider and IT departments to remotely monitor and manage a company’s network, servers, laptops and more. The IT management platform relocated from San Francisco in March and opened an Austin office five months later. In addition to the new office, NinjaRMM plans to hire 75 to 100 employees locally over the next year.
Government software provider GovOS announced plans to move its headquarters from Dallas to Austin in August. It plans to hire at least 40 new employees by the end of the year.
VC frim iFly.vc relocated from San Francisco to Silicon Hills in mid-April. The firm, founded in 2016, has invested in at least 18 companies and closed on a $46 million second fund in July.
Markaaz uses AI-based software to connect SMBs with clients and services. The company announced its move from Los Angeles to Austin in April. According to Austin Inno, Markaaz plans to onboard 70 people by the end of the year.
Bitcoin mining and blockchain technology company Blockcap relocated from Las Vegas in April. The startup has raised more than $75 million in funding since its launch last year, and is said to be one of the fastest-growing bitcoin mining companies in the United States.
Coming from Portland, Oregon, is real estate investment platform CrowdStreet. When the company moved in March, it planned on hiring 80 new employees, CEO and co-founder Tore Steen previously told Built In.
INVZBL, which uses UV radiation to disinfect any non-living item, such as laptops, gaming systems, cell phones, tablets and masks, moved from North Carolina earlier this year.
Harmonate is yet another company moving from California to Austin. Harmonate, which specializes in expediting private capital document processing and data operations, announced the move in late March.