Austin startups made some big moves in the first month of 2020, with the top five equity rounds for tech companies totaling over $230 million. Vapor IO took the top spot, securing $90 million in funding. Read on to learn more about the city's other big January funding rounds.
#5, $22.7 million, January 9
The supply chain risk analytics company uses its platform to score shipments by risk level. Columbia Capital provided the funding. Additionally, Resilience360 just acquired Riskpulse.
#4, $25 million, January 6
The hospitality startup offers Airbnb-like hotel experiences by converting apartments and office buildings. It plans to expand into new markets with the new funding. This round brought the startup's total funding raised to $38 million.
#3, $36 million, January 7
The real estate platform, formerly known as Perch, wants to help users find, buy and sell their homes all in one place. Since the company's founding in 2017, it's raised over $69 million. It plans to use the funding to double its team, improve products and potentially expand into new markets.
#2, $60 million, January 15
FlashParking's cloud-based platform allows parking providers to manage their monthly parking options, valet and more. L Catterton provided the new financing. The company will use it to fund an expansion of its mobility hub operations.
#1, $90 million, January 22
The edge computing startup offers edge colocation, edge exchange and edge networking. The extended Series C will allow the company to further expand their services. By 2021, it plans to expand to Austin, Boston, Chicago, Dallas, Denver and more.
