Contentstack Got $80M, EngFlow Secured $18M, and More Austin Tech News

A lot happened in the world of tech last week. Catch up on the latest with the Built In Austin Weekly Refresh.

Written by Abel Rodriguez
Published on Nov. 21, 2022
Contentstack Got $80M, EngFlow Secured $18M, and More Austin Tech News
Downtown Austin skyline at night
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The Austin tech scene saw a bit of everything last week, including funding rounds and new app launches. Read up on Contentstack’s $80 million raise or catch up on the latest companies included on Deloitte’s 2022 Technology Fast 500 list. This is the Built In Austin Weekly Refresh. 

Contentstack raised $80M. Contentstack is a headless CMS platform that has various integrations with other content platforms, giving companies high customization when creating and displaying content. The company’s latest $80 million round was co-led by Georgian and Insight Partners. Contentstack now has more than 400 employees and is approaching more than 50,000 users. [Built In Austin]

EngFlow got $18M. EngFlow was founded by former Google employees and helps enterprise companies build and test code. Last week the company raised $18 million in a round that Tiger Global, Andreessen Horowitz and others participated in. [Tech Crunch]

Austin Tech Quote of the Week

“I’m always amazed to see all the innovative and forward-thinking companies that call Central Texas home each year. As the region continues to establish itself as a hub for startup founders and venture capitalists alike, it’s inspiring to see how companies are able to transform their business, and therefore our state, to better the world.” — Alison Walgren, Deloitte’s Central Texas managing principal

Deloitte featured 14 Austin tech companies on its annual list. Deloitte released its 2022 Technology Fast 500 rankings which highlights the fastest-growing companies across the country. In total, 14 Austin tech startups were featured on the list. OJO Labs clinched the No. 93 spot as the highest-ranked Austin company on the list. Other local companies on the list include L7 Informatics, Measured, SpyCloud and Overhaul. [Built In Austin]

Outlier launched a sports betting platform. Prior to launching a sports betting platform Outlier, which used to be called Colorcast, launched a sports commentary app that enabled fans to commentate on games from their favorite teams. According to Outlier’s founder and CEO Evan Kirkham, betting will further connect fans to games and their teams. Outlier was featured on the Built In Austin Future 5 series this quarter. [Built In Austin]

First Dollar launched a mobile app. First Dollar, a medical benefits company, launched its mobile app last week. The Austin-based business partners with financial institutions and HR platforms to provide employees with instant access to insurance plan benefits. With the app, customers can view account balances on their HSA accounts and use their devices for tap-to-pay. [PR Newswire]

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