Though venture funding rounds have been few and far between lately, Atlanta tech companies proved their mettle and secured several raises in August. These companies are developing solutions across healthcare, web design and other industries with small and mid-size rounds. Find out which tech names raised capital last month and now are expanding their platforms and teams.
#5. $1 million, August 1
Having launched with an initial focus on the call center industry, ImIn offers hourly employees a way to craft a flexible work schedule. Its mobile app also lets companies offer employees incentives and rewards for signing up for lower-demand hours. ImIn recently raised $1 million from Collab Capital to build out automation capabilities and grow its six-person team. The platform will eventually serve other industries with hourly employees, like retail and food services.
#4. $2.5 million, August 3
Medtech solution CareTrack Health lets primary care physicians monitor care plans for critically and chronically ill patients. The solution helps to keep track of adherence to those plans as well as identify opportunities for earlier intervention ahead of regularly scheduled appointments. The company secured $2.5 million in funding from Hybrid Capital Partners to broaden its reach. CareTrack’s goal is to help practices prevent hospitalizations and provide the best possible care for Medicare patients.
#3. $10 million, August 15
The company offers a sales tax automation platform that helps large businesses calculate their various products’ sales tax across the different city and state jurisdictions. Its solution works to help companies avoid costly miscalculations. CereTax launched from stealth with a $10 million seed funding round led by Leaders Fund. The money will help CereTax expand its product into new verticle markets as well as grow its team and partner ecosystem.
#2. $14 million, August 18
The platform connects aspiring therapists to licensed clinicians, enabling them to acquire their practicing license via its telehealth solution. Historically, the lengthy and expensive licensing process needed to take place in person. With its Series A capital, Motivo Health plans to acquire contracts with health organizations and establish partnerships with graduate schools. It’s also building out its team across engineering and sales.
#1. $25 million, August 10
FullStory provides website and app builders with analytics tools that track visitors’ journeys. For instance, its AI-powered solution can help developers gather insights from user behaviors like highlighting text or zooming in to better view a particular element. The platform raised $25 million, and the round saw participation from investor Permira. FullStory will invest in its company’s continued growth.