Resilient Power Got $5M,’s Series A, and More Atlanta Tech News

Catch up on the latest news from the Atlanta tech sector.

Written by Ashley Bowden
Published on Nov. 01, 2021
Resilient Power Got $5M,’s Series A, and More Atlanta Tech News
Photo: Resilient Power

Last week, companies across the Peach State capital made a range of growth-oriented moves. Read on to find out which companies pulled in fresh funding and which startups are expanding their teams. This is the Built In Atlanta weekly refresh. 

Resilient Power secured $5M. Having developed a way to fast-charge electric vehicles, the company’s solution is a solid-state transformer that can charge 24 EVs at once without the need for power distribution grid updates. Resilient Power closed on a round of seed funding led by Energy Transition Ventures that will go toward launching a pilot program for its product as well as expanding its sales and marketing teams. [Built In Atlanta]

Deluxe opened a new tech center in Sandy Springs. Operating in the fintech space, Deluxe is expanding its footprint into the Atlanta metro area. Earlier this month, the company opened a new 170,000-square-foot technology center that will support customer innovation and experience. The company plans to hire new talent as it builds out its presence in the payments ecosystem. [Hypepotamus]

Atlanta Tech Quote of the Week

“Here in the U.S., we have really an incredible capital market; it’s crazy great, and it’s the envy, oftentimes, of the rest of the world. One of the reasons it’s so great is because of the transparency that we have inside of our capital markets. That’s what we’re trying to do at Audit Sight. We’re saying, ‘let’s keep doing these great incredible things that auditors do, let’s just do them in a more efficient and better way.’” — TC Whittaker, CEO and co-founder of Audit Sight

Audit Sight got $2.5M. The all-important task of financial statement auditing can be time-consuming for companies. This is the issue Audit Sight works to solve with its solution. The platform uses APIs to compare clients’ accounting systems and banking records. With the seed funding, Audit Sight plans to bring its platform to CPA firms by the end of the year, as well as scale its team across engineering. [Built In Atlanta] raised a Series A round. Providing SMBs with a way to manage their remote teams, Ninety offers a solution with tools for meetings, goal setting, feedback and more. It announced a Series A funding round of an undisclosed amount that it plans to invest in developing new tools to expand its business. It’s also hiring on its analytics, marketing, product management and engineering teams. Insight Partners led the round. [Built In Atlanta]

REPAY partnered with Inovatec Systems Corp. Two companies are furthering their collaboration within the fintech space with plans to streamline the funding process for lenders. REPAY offers payment processing tools while Inovatec provides cloud-based lending solutions. The partnership will allow Inovatec lenders to offer remote cash acceptance, providing customers another way to make payments. [Business Wire]

GigLabs pulled in $4.5M. Working to help brands launch NFTs, the blockchain company just closed on a round of seed funding to build out its team and product offerings. GigLabs provides tools that allow brands to create customizable customer experiences on the web or in VR spaces. The funding will help the company grow across project management, design, software development and engineering. [Built In Atlanta]

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