It operates in Austin, College Station and Lubbock, and it has its sights set on Nashville, Dallas, Houston and San Antonio. Its WeFunder page also shows it has a $5 million-plus revenue run rate. The startup bills itself as the Uber for large groups, and its vans have transported more than 26,000 passengers. The company has raised about $580,000 of a $1 million crowdfunding campaign on WeFunder, and it has also landed funding from Capital Factory, according to Crunchbase. The company owns the homes it rents out, and each come with automated, app-based features like remote door locks and light controls, as well as a Tesla, which renters can use during their stay.įetii Inc., an Austin-based ridehailing startup, has been accepted into the prestigious Y Combinator accelerator program, which brings with it $500,000 in new funding. Wander, founded in May 2021 by John Andrew Entwistle, said in February that it had more than 30,000 users. It came just three months after the company raised a $20 million series A from Redpoint Ventures, Vibe Capital, Kevin Durant and others. Inc., an Austin startup that specializes in helping people rent “smart” vacation homes, reported in a May 25 securities filing it raised $5 million in new equity funding from five investors. HeatGen is led by CEO Mark Turner its board includes Walter Robb, an investor and former Whole Foods Market co-CEO. It has raised a total of $12 million since its founding in 2007. The company, which makes self-heating packaging for beverages and other products, raised a $6 million round in 2018 and a $2.5 million round last year, SEC filings show. The company operates legally as Grabit Interactive Media Inc.Īustin startup HeatGenie Inc., now going by HeatGen, reported in a May 25 securities filing raising $8.7 million in equity funding. Earlier this year, the company announced its AI and machine learning tech would be integrated with TikTok to streamline and automate the creation of TikTok ads. KERV, led by CEO Gary Mittman, says 90 million unique users have seen video ads it has worked on. The new funding was led by Trinity Capital, which provided $7.5 million in financing, along with Plaza Ventures and Vestech Partners. Now it has $12 million in new growth capital to expand and advance its capabilities. KERV Interactive has made a name for itself by turning video files into interactive consumer shopping experiences using AI and other emerging tech. JFunding wrap: Redbud Brands scores $46M to back CPG startups Austin company joins Y Combinator
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