Austin continues to gain attention as a technology center that is constantly growing. Last week, Cart.com announced it was moving to Silicon Hills and several other local tech companies were raising venture capital. Read on to find out more. This is the weekly update from Built In Austin.
UNION won $ 22 million. Union plans to save the restaurant industry after closing a $ 22 million Series B funding round. The company’s platform combines a cash register system and contactless ordering and payment with data to automate customer loyalty. The company plans to hire an additional 50 employees as it expands into all of the major subway areas in the United States [Built In Austin]
Cart.com has moved to Austin. Cart.com moved its headquarters from Houston to Austin, more precisely on the corner of Brazos and Sixth Streets. Cart.com has developed an end-to-end e-commerce platform and plans to increase its workforce significantly by the first quarter of 2022. Cart.com started in November 2020 and already has more than 150 employees. [Built In Austin]
AUSTIN TECH QUOTE OF THE WEEK
“We’re passionate about not just putting a patch on the problem, but really trying to find real solutions to the weaknesses in the industry. We believe driver utilization solves so many of the weaknesses – especially the driver shortage issue that everyone is talking about. ”- Aifleet co-founder Marc El Khoury
Aifleet raised $ 21 million. Aifleet aims to optimize truck driver workflows with the help of AI. The company raised $ 21 million, bringing total revenue to $ 24 million since it was founded last summer. Aifleet’s software helps drivers reduce waiting times so they can drive more efficiently. The new funds will be used to hire more drivers and office workers. [Built In Austin]
PPLSI has acquired self.online. PPLSI is the parent company of the LegalShield and IDShield security platforms. PPLSI acquired Austin-based yourself.online, an AI-based system that protects users’ social media and online accounts. The acquisition will allow the companies to continue their mission of protecting people’s privacy online. [Email]
Spruce has got a new VP of Finance. Spruce has named Jack Cartwright as VP of Finance. Spruce is a proptech company providing lifestyle services in the multi-family industry, including pet care, housekeeping, and cleaning services. [Built In Austin]