FOLLOW THE MONEY
The latest round brings the Dallas-based fintech's total Series A funding to approximately $10 million, the startup told us. Founder and CEO Craig Lewis plans to quadruple his team by the end of 2021.
|
|
The co-founders behind Dallas-based Allie + Bess have announced their first collaboration with a fellow Texas-based female entrepreneur, despite operating mainly during the COVID-19 pandemic.
|
|
Laura Freeland will lead the membership organization formed in 2020 that works to address transportation issues affecting employers and employees in the Southern Dallas County Inland Port. Last-mile access in the area includes on-demand micro-transit service "GoLink," which builds on DART's other "on call" services.
|
|
|
THREE THINGS
⓵ RECORD BREAKING: Plano-based Tyler Technologies recently announced a historic deal it has made with the Texas Office of Court Administration, which has been valued at $98 million over five years. The deal marks the firm's largest in its history and extends a 2012 deal the company had with the state to provide its electronic filing solution to all Texas counties. The latest agreement prolongs the use of Tyler Technologies' solution through 2027.
⓶ EXPANSION: London-based apprenticeship startup Multiverse, which just raised $44 million in a Series B round, is planning an expansion in the U.S. that includes a regional hub in Dallas. The startup founded by former UK Prime Minister Tony Blair’s son has a strong social mission, reports Crunchbase. “It’s clear that talent is equally distributed but opportunity is not, according to Multiverse’s U.S. general manager Sophie Ruddock,” per the publication. New York will be the U.S. headquarters. Hub cities, along with Dallas, are Chicago and Atlanta.
⓷ COMING TOGETHER: Fort Worth-based Simpli.fi, a pioneer in geolocation-based advertising, has made its first major acquisition of The Advantage Software Company, a provider of enterprise-level software designed for ad agencies and marketing companies. The deal combines the companies’ two class features and services for the advertising industry to offer customers improved workflow across all media types. Per a statement, the combined company will serve more than 1,000 agencies and media buying organizations.
PLUS
Meet the Finalists: Leaders From Texas Security Bank, MoneyGram, Zirtue, Payrix, and ImpactXPartners
Here are the five Innovation in Finance honorees, who are sharing their insights on the startup culture in Dallas-Fort Worth, taking risks, and how pursuing one's strengths leads to success. Winners of The Innovation Awards 2021, presented by D CEO and Dallas Innovates, will be revealed at an exclusive virtual event on Jan. 21. Tickets are $20. To register, click here.
To read more (and get our week's Top 10), head here.
|
|
"As the growth and health of our startup ecosystem continues to flourish, we are finally at (an) inflection point for companies."
Trey Bowles
Co-Founder
The DEC Network
...via the Dallas Business Journal.
Despite 2020 being a difficult year economically for many businesses, the Dallas area experienced its best year in venture-related investing in almost two decades, per the PwC/CB Insights Q4 2020 MoneyTree Report. The area reached over $1.1 billion in 2020, while it was only at $579 million a year ago.
“The consistency of our economy and the richness of talent has created a hub for entrepreneurship and innovation that will only continue to grow and materialize,” Bowles told the DBJ.
Financial technology, healthcare, and cybersecurity were among the industries that experienced growth in 2020. |
|
A collaboration of the
Dallas Regional Chamber
+
D Magazine Partners
SIGN UP
Get the e-newsletter
FOLLOW US
   |
|
P L A T I N U M S P O N S O R S
 
S I L V E R S P O N S O R S
P A R T N E R O R G A N I Z A T I O N S
Digital Dallas • The Dallas Entrepreneur Center
Tech Titans • bigBANG! • Texas Research Alliance
bionorthTX • TechFW • Technology Ball
The Real Estate Council
|
|
Want to know more about Dallas Innovates?
Have a story tip?
Click here, and we'll be in touch.
Publisher: Quincy Preston
. . . . . . . . . . . . . . . . .
FOR SPONSORSHIP + ADVERTISING INFORMATION
Business Development Manager: Steve Reeves
|
|
Dallas Innovates
750 North St. Paul St., Suite 2100, Dallas, TX 75201
214-939-3636
dallasinnovates@dmagazine.com
© Copyright 2021 | All rights reserved
|
|
|
|
