During a bustling week, Atlanta companies of all sizes pulled in fresh funding, and new sources of venture capital moved to town. Read more to find out what’s new and what names in tech are furthering the city’s rapidly-growing scene. This is the Built In Atlanta weekly refresh.
These startups are innovating the future of Atlanta’s tech scene. In the southeast’s fastest-growing tech hub, companies of all sizes are working to develop modern solutions with a unique flair. Five young startups are building platforms that support communities, keep people safe and help businesses thrive online. Learn how cxmmunity, The Labz, Goodr, Bacchus and 7th Ave are paving the way for Atlanta tech. [Built In Atlanta]
OfficeSpace secured $150M. Based in Alpharetta, OfficeSpace provides organizations with the tools to help manage their hybrid teams. The company received strategic capital from Vista’s Endeavor Fund to further help businesses evolve their workplace strategy. OfficeSpace will also invest in its Atlanta-based workforce and currently has several available positions open. [Built In Atlanta]
Atlanta Tech Quote of the Week
SteelSky Ventures moved to Atlanta. Hailing from the Big Apple, a VC firm with a focus on women’s health relocated its headquarters to Atlanta. SteelSky Ventures is a Black-owned, woman-led firm looking to be part of the city’s growing and diverse healthtech scene. With $50 million to invest in startups, SteelSky has added 16 companies to its portfolio to date, fueling solutions for maternal health, medication delivery and more. [Built In Atlanta]
Micron seeks to fund its Atlanta Design Center. Manufacturer of computer memory and data storage parts, Micron is opening a new design center in Midtown. The company will set up shop at 712 W. Peachtree St. and is seeking $1.5 million in grant funding to cover equipment costs. When the center opens, Micron will bring 500 jobs to the site with an average salary of $113,369. [Atlanta Business Chronicle]
Airbnb moves to the Westside. The San Francisco-based vacation rental company has decided to establish its tech hub in Georgia Tech-affiliated office space Encore. The company already has about 20 employees based in Atlanta and plans to host both technical and non-tech roles at its new location. Airbnb will occupy 5,000 square feet of the building with plans to expand later down the line. [Hypepotamus]
Verusen pulled in $25M. Freshly outfitted with Series B funding led by Scale Venture Partners, the supply chain software developer plans to expand its presence into the direct materials market. Currently operating with the indirect MRO space, Verusen is building out its solution amid heightened demand. The company will continue its previous growth momentum by increasing its 60-person headcount to over 100 by year’s end. [Built In Atlanta]
Verdata got $3M. Leveraging historical behavioral insights to help its enterprise clients mitigate B2B counterparty risk, Verdata announced a round of seed funding from several investors across fintech, lending and analytics. The money will go toward growing its team, investing in its products and expanding into new markets. [Built In Atlanta]
