Austin tech companies are working to enable modern, digital solutions across several industries. Using artificial intelligence and other tools, learn how these local companies are developing the future of tech. This is the Built In Austin Weekly Refresh.
Autonomize AI pulled in $4M. Serving the healthcare and life sciences sectors, Autonomize AI operates an AI-powered platform that analyzes, interprets and summarizes unstructured data. The startup announced a round of seed funding from lead investor Asset Management Ventures to develop and commercialize its solution. [Business Wire]
Inbanx pulled in $3.6M. Offering businesses a platform to help with expense budgeting and spending control, inbanx secured a new round of funding led by The Castle Creek Launchpad Fund. The money will go toward growing inbanx’s bank partnerships and scaling the number of businesses it serves with its AI-powered solution. [Accesswire]
Austin Tech Quote of the Week
“Avant is well known in Canada for its concierge-level service and solutions. We want to amplify what they do so well and expand on it. By combining our best-in-class services, support and capabilities, we are able to offer existing and future Canada-based clients something new and unique: local talent with extensive experience to deliver a full spectrum of enterprise transformation solutions.” — Michael Rapp, Praecipio CEO
Praecipio acquired Avant. Praecipio is a consulting firm that helps businesses with strategic cloud transformations, DevOps, IT service management and more. The Austin-based firm announced its acquisition of Avant Systems Group, a Canadian company focused on supporting Atlassian products. The acquisition expands Praecipio into Canada and furthers its position in the enterprise transformation space. [Business Wire]
Integrous was acquired by Avionos. Providing companies with a digital marketing and managed services solution, Avionos announced its acquisition of Austin’s Integrous Marketing. The deal grants Avionos access to Integrous’ lead generation, inbound marketing and content marketing resources and enables it to offer new end-to-end services to its clients. [Built In Austin]
