Wonderbelly’s Target Launch, StellarFi Got $15M, and More Austin Tech News
Here’s a look at some of the biggest news circulating the Austin tech scene. Check out the latest funding announcements from two companies looking to grow and expand, and read about the clean medicine company that’s making its way into a popular retail chain. This is the Built In Austin Weekly Refresh.
Wonderbelly announced its flagship product will be sold at Target. Wonderbelly uses clean ingredients to develop products that support digestive health. Last week, the company announced its flagship product, a line of sustainably packaged antacid tablets, is headed to Target shelves. Customers can find the vegan chewable tablets in select stores and online. The tablets will be available as strawberry milkshake, watermelon mint and fruity cereal flavors. [PR Newswire]
Austin Tech Quote of the Week
“I’ve built a unicorn [tech company] before, and I’ve been in a very high-growing company before but this is the fastest-growing company I’ve ever been a member of.” — Lamine Zarrad, CEO and founder of StellarFi
StellarFi got $15M. Fintech company StellarFi recently secured $15 million in Series A funding. StellarFi gives its users tools to help them pay their bills on time and build their credit. The company plans to use its latest round of capital to expand its 27-person team and bring customers new features. [Built In Austin]
Votiro raised $11.5M. Votiro develops cybersecurity technology to protect organizations across industries like healthcare and financial services by screening their incoming files and disarming threats. The company’s $11.5 million Series A funding will be put toward bolstering its security offerings, as well as its sales and marketing efforts. [Built In Austin]