Home Feature SOUTHEAST FUNDING & TECH NEWS: WEEK OF NOV 16

SOUTHEAST FUNDING & TECH NEWS: WEEK OF NOV 16

by hypepotamus

We’re ending the week with all the funding, acquisition, and Southeast startup news you need to know:

FUNDING NEWS

Charlotte, North Carolina: Amicus.io, a fintech platform designed to make donor-advised funds (DAFs) more accessible, raised $8.7 million in Series B funding. Read more about the team, the platform, and the funding here.

Lawrenceville, Georgia: Audality, a consumer technology company focused on audio equipment, raised a $493,750 seed round. Hypepotamus has a Q&A with the President of Audality up here.

Atlanta, Georgia: Vennfi, the fintech company behind Atlanta’s Charityvest, raised an additional $2.3 million in seed funding, according to a statement. Hypepotamus interviewed the Charityvest team over the summer to learn more about how they are transforming how individuals can become philanthropists.

Atlanta, Georgia: JTEC, a sustainable energy company founded by Super Soaker inventor Lonnie Johnson, raised a $1.5 million seed round, according to a statement released by the company.

Fairfax, Virginia: MarginEdge, an analytics and tracking platform for the food/beverage industry,  raised $4 million from Philadelphia-based Oseage Venture Partners, according to a statement released from the company.

ACQUISITION NEWS

Peachtree City, Georgia‘s Bluestone Payments has been acquired by payment processor Payroc. Bluestone

OTHER STARTUP NEWS

Atlanta-based electronic signature platform Assuresign announced Matthew Smith is stepping up as CFO. Smith was previously VP of finance. In a press release, AssureSign’s CEO David Brinkman said, “Matt has been critical in procuring investment funding,” said David Brinkman, President & CEO at AssureSign. “He is a vital asset to our organization, and with Matt leading our finance division, I’m enthusiastic for AssureSign’s future.”

WHAT ELSE WE’RE READING

‘An overnight success 10 years in the making’: Atlanta is the leader for Black leaders in tech’ Protocol

‘As internet forums die off, finding community can be harder than ever’Engadget

Silicon Valley loses another tech icon’Fortune

‘The water boy’s hustle’Canopy Atlanta

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