Around The Southeast: Q1 2021 Review

Here’s what Southeast startups were up to in Q1 of 2021!

New Unicorns

• Atlanta-based Calendly raised an impressive $350 million, bringing the scheduling company’s value to $3 billion 
• Following a $100 million Series E funding round, Atlanta-based SalesLoft valuation hit $1.1 billion 

Series C 

• Atlanta-based Terminus – $90 million 
• Chattanooga-based Built Technologies – $88 million 
• Atlanta-based Stord – $65 million 

Series B

• Raleigh-based Levitate – $8 million 

Series A 

• Durham-based ProcessMaker – $45 million
• Atlanta-based DecisionLink – $18.5 million 
• Atlanta-based Sonar – $12 million 
• Charlotte-based Rent Ready – $10 million 
• Atlanta-based Verusen – $8 million 
• Atlanta-based OncoLens – $7.25 million 
• Atlanta-based Voxie – $6.7 million

Seed 

• Bentonville, Arkansas-based Ox – $3.5 million 
• Charleston-based Sprockets – $3.4 million 
• Atlanta-based Reframe – $1.4 million
• Durham-based NALA Systems – $700,000 
• Atlanta-based Simporter – $600,000 
• Atlanta-based SmartPM – $785,000

New Hires 

• After announcing the launch of its $300 million fund, Atlanta-based Panoramic Ventures has tapped Tami McQueen as VP of Marketing, Chad Harris as a VP on the investment team, and has promoted Mark Flickinger to General Partner and COO. 
• Kayhan Space, the company looking to make space travel safer from orbiting junk, announced that Retired Major General Robert Wheeler, Michael Hurley, Carie Lemack, Amy Zimmerman, Dr. Jonathan Fentzke, and Dustin Boyer will join the startup’s board of directors.
• Atlanta-based Johnson Venture Partners announced Bob Cramer will join the team as a general partner.
• Dani Cushion, previously of Cardlytics, will join New York-based ExecOnline as CMO. Cushion says she plans to stay in Atlanta.
• TTV Capital, Atlanta’s VC firm focused on FinTech, has brought on Neil Kapur as a new partner.
• Vasant Kamath, who previously served as Director at Primus Capital, has joined Tech Square Ventures as a General Partner. Melissa Pegus has joined as a Senior Associate.

Hypepotamus’ Biggest Stories 

Funding news is always exciting. But these were the top 10 features from the last quarter: 

1. Meet the entrepreneurs working to transform Wilmington from a beach city to a tech hub
2. This physician-turned entrepreneur has a tool to help deal with lots of snot. Meet Dr. Noze Best
3. In honor of International Women’s Day, we heard from tech leaders about what motivates their work
4. The good news in Q1: COVID vaccines! Bad news: Vaccine appointment times. Meet the Atlanta lawyer/engineer building a bot to help with vaccination scheduling.
5. From its ATDC home, Impiricus is on a mission to improve how doctors find pharmaceutical drugs and other important treatments.
6. Google For Startups Founders Academy started in Atlanta. Now, it’s going nationwide.
7. CommissionTrac, a Techstars Atlanta graduate, was acquired by commercial real estate giant Yardi.
8. Techstars Social Impact announced its 2nd cohort, which includes 4 Southeast-based startups.
9. Sharecare, the Atlanta-based healthcare startup, announced it is going public via SPAC and will merge with  Falcon Capital Acquisition Corp.
10. Procoto’s team knew small and medium-sized businesses struggled to find the right procurement software. So they built something better…and caught Y Combinator’s attention.

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Photo by Marvin Meyer on Unsplash