School is back in session and summer vacation season is behind us. Here in the middle of August, these are the startups that made headlines recently:
The Story
QGenda, the Atlanta-based healthcare workforce management solutions platform, was acquired by Hearst. Financial details of the deal were not released, by the Wall Street Journal has some more reporting on the transaction here.
Funding News
* Worth AI, an Orlando-based Fintech and risk management platform, raised a $2.5 million seed round, according to Crunchbase.
* Beauty-focused AI startup MyAvana out of Atlanta raised a $5.9 million funding round, according to POCIT. That brings the startup’s valuation to $50 million.
In Other News
* Kennesaw State University’s economic impact in metro Atlanta increased to nearly $2.15 billion in fiscal year 2023, according to a University System of Georgia (USG) report released Wednesday. Kennesaw State’s FY 2023 economic impact in the 29-county Atlanta Metropolitan Statistical Area marked a 5.6% increase from $2.03 billion the previous year. The total impact of all 26 USG institutions on their communities was $21.9 billion in fiscal year 2023, up 9% from $20.1 billion in FY 2022.
* The Georgia Social Impact Collaborative (GSIC) is pleased to announce that Sydney England will serve as the new Executive Director. Sydney joins GSIC having spent the past decade working in various capacities in the field of impact investing. The Georgia Social Impact Collaborative was formed by a group of community leaders dedicated to developing a robust ecosystem around impact investing in Georgia.
