Archive for April, 2020

$100 million investment boosts startup o9 Solutions into rarified world

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Dallas-based o9 Solutions is the region’s newest unicorn with a $100 million investment from private equity giant KKR that values the software company at more than $1 billion.
www.dallasnews.com/business/technology/2020/04/28/major-investment-boosts-dallas-startup-o9-solutions-into-the-vaunted-unicorn-world/

Naya Ventures Portfolio Company Motivity Labs Exits to JNIT

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Dallas-based VC firm Naya Ventures has found success in another one of its portfolio companies. Motivity Labs, a local startup founded in 2009 that offers innovation-as-a-service has merged with JNIT, an IT consulting and solutions firm. Naya Ventures today announced …

Plano based Accel Invests $2mn Funding in Aavenir, a Source-to-Pay Start-up on ServiceNow

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Aavenir, a SaaS-based Source-to-Pay solutions provider, announced it has received US$ 2mn seed funding from global venture capital firm Accel. Aavenir’s singular vision is to deliver the future of work by automating the source-to-pay process on ServiceNow, the world’s most …

Dallas based Contractor Marketplace Secures $10 million

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IFM Restoration – an online marketplace that connects contractors with owners and property managers of rental properties – announced it closed $10 million in Series A funding co-led by S3 Ventures and Brick & Mortar Ventures. FM Restoration is known …

Blue Box Grows HVAC Coronavirus Scrubbing Solution and Raises Capital

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Blue Box recently finalized a new raise of $2.5 million at a $25 million valuation, and Metropoulos consolidated his oil and gas joint venture and brought on the Blue Box Energy team onto Blue Box Air.
dallasinnovates.com/blue-box-grows-hvac-coronavirus-scrubbing-solution-and-raises-capital/