Archive for the ‘Funding’ Category

Dallas’ Omni Logistics To Merge with Forward Air After Companies Earned $3.7B Revenue Over 12 Mos.

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In a deal involving two logistics industry stalwarts, Dallas-based Omni Logistics and Tennessee-based Forward Air Corp. have agreed to merge their companies in a cash and stock transaction, creating a combined operation that generated roughly $3.7 billion of combined adjusted

Dallas Fintech Startup IndyFin Acquired by WiserAdvisor

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Dallas-based fintech Indyfin has been acquired by WiserAdvisor, a Virginia-based investor referral generation platform for financial advisors and advisory firms. Founded in 2018, Indyfin launched the platform in 2022. The startup was a finalist at The Innovation Awards 2023 from

Last-Mile Delivery: Plano’s PICKUP Now Merges with Connecticut-Based Company

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Plano-based PICKUP Now is merging with Point Pickup Technologies, a leading provider of enterprise-only, retail-branded fulfillment and delivery services. PICKUP is an enterprise-grade, last-mile delivery service focused on larger item delivery and assembly. The companies said their strategic partnership creates

Dallas’ o9 Solutions Raises $116M in Latest Funding Round for a $3.7B Valuation

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O9 Solutions, a Dallas-based AI software platform provider for transforming planning and decision-making for global enterprises, announced that its existing investors, led by General Atlantic’s BeyondNetZero invested an additional $116M in the Company. Existing investors KKR and Generation Investment Management

Dallas Fintech Zippy Gets Growth Investment from Brand Foundry, Hires B2B2C Growth Veteran

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Dallas-based fintech Zippy has raised additional investment from Brand Foundry and repeat investors. The startup said the capital infusion will drive scalability and meet the growing demand for manufactured home loans. Zippy is in its second year and is

Loopback Analytics Announces Strategic Growth Investment to Expand Offerings to Health System, Life Sciences Organizations

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Loopback Analytics, a Dallas-based provider of analytics and data-enabled services for health systems and life sciences organizations, announced a strategic growth investment by PSG. The amount of the investment was not released. Founder Neil Smiley will continue to serve as

Space Auto Secures Series A Funding Backed by Global Business Leader John Paul DeJoria and Others

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Space Auto, a Dallas-based provider of an integrated software and marketing solution for car dealerships, raised an undisclosed amount of Series A funding. The round saw participation from John Paul DeJoria who is the co-founder of Paul Mitchell and founder

Rosy Wellness Raises $1.2M To Grow Its Women’s Sexual Health Platform

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Dallas-based Rosy Wellness raised $1.2 million of a $1.5 million bridge funding round, bringing to $4.2 million, the amount raised to date. The startup currently has 6 full-time employees and about 20 contractors. Read more in Dallas Innovates.

Rosy Wellness

Grapevine’s Car Capital Announces Funding, Organizational Changes

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Grapevine-based, Car Capital, which enables franchise and independent dealers with its proprietary loan-approval technology, announced an $8.8M Series C, $50M in debt, and its relaunch into the Midwest and Southeast and expansion to Western states. 

https://www.prnewswire.com/news-releases/car-capital-announces-exciting-relaunch-new-management-and-capital-raise-301821926.html 

Frisco-based Threat Detection Secures Development Capital

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Netwrix, a Frisco-based visibility and governance company that does threat detection, entered into a definitive agreement to receive an undisclosed amount of development capital from Centerbridge Partners. Global private equity firm, TA Associates (TA), remains the majority shareholder, with