Funding news on the Austin tech front has been tame lately, with the top rounds in June totaling $175 million. The companies that pulled in the largest capital sums span industries from healthtech to e-commerce. Find out which of these local companies are hiring with their fresh capital.
Austin’s Top Tech Funding Rounds, June 2023
- Cart.com
- Percepto
- Striveworks
- MVP Index
- Significo
#5. Significo: $12 million, June 7
Series A capital for healthtech company Significo will help the company scale its platform that offers patients personalized health recommendations. Doug Blough led the funding round that enables Significo to enhance its digital health platform. As it continues to grow, Significo wants to expand its product offerings and acquire new customers.
#4. $20 million, June 26
Looking to grow its suite of sponsorship measurement and valuation solutions, MVP Index announced a round of Series B funding. The company operates within the sports and entertainment industry, helping brands validate the performance of their branded assets. The capital from lead investor Verance Capital will help MVP Index fuel expansion, product development and increase sales and marketing efforts.
#3. $33 million, June 13
Striveworks develops machine learning operations solutions for companies’ data science and analytics teams. Its software serves customers in highly regulated spaces like national security, and helps them deploy AI and machine learning models at scale. The company plans to expand its headcount across its sales, marketing and engineering departments following its $33 million raise led by Centana Growth Partners.
#2. $50 million, June 12
The company develops software and hardware for enterprise customers in industries like solar energy, electric utilities, mining, oil and gas and more. Percepto’s latest funding raise totaled $67 million, including an approximately $50 million equity raise and a $16 million debt financing. Koch Disruptive Technologies led the Series C round that will help Percepto further its operations and better serve its industrial customers.
#1. $60 million, June 27
Having achieved a $1.2 billion valuation following its latest raise, Cart.com is expanding its e-commerce and logistics solution. The company helps businesses with tasks like fulfilling and managing online orders and optimizing their e-commerce storefronts. With the fresh capital, Cart.com plans to fuel international expansion and product development, with a focus on data. Its Series C came from investors including B. Riley Venture Capital and Kingfisher Investment Advisors.
