Plenty of Austin tech companies are building out their teams after a week of new moves. From e-commerce to dental care, find out which startups are fueling growth with fresh funding and more. This is the Built in Austin weekly refresh.
Linnworks to make 160 local hires. Operating an e-commerce solution that lets retailers manage their inventory, orders and fulfillment from a central platform, U.K.-based Linnworks is fueling internal expansion. The company is planning to grow its Austin headcount from 40 to 200 in the next two or three years with a focus on positions spanning its sales, marketing, customer success, professional services and product teams. [Built In Austin]
AlertMedia is opening a new Austin office. The company offers an enterprise software solution that provides two-way communication between employees and employers in the event of an emergency. It recently expanded its headcount to 260 people and is opening a new office on the top two floors of RiverSouth to accommodate them. AlertMedia’s new space at 401 S. 1st St. spans 70,000 square feet and will house the company’s next 90 new hires when it opens in the spring of 2022. [Built In Austin]
Austin tech quote of the week
Membersy pulled in $66M. Operating a platform that allows those without insurance to purchase subscription plans for dental services, Membersy is planning its next stage of growth. With its new investment from Spectrum Equity, Memebersy plans to build out its business across product and marketing. The company aims to make 20 to 30 new hires over the next two years with a large majority of them based in Austin. [Built In Austin]
Grape Network pulled in $1.8M. The company builds decentralized social networking solutions for the blockchain platform, Salana. Grape creates tools to help non-fungible token (NFT) holders prove their ownership of their digital assets. The company just closed on its latest round of funding led by Multicoin Capital and plans to invest it in expanding its team. [Coindesk]
Elligo Health Research secured $135M. Its software connects doctors and hospitals to patients in underrepresented communities to help them participate in clinical trials. Elligo closed on a Series E funding round co-led by Morgan Stanley Expansion Capital and Ally Bridge Group that went toward its acquisition of ClinEdge. The move allows Elligo to offer users additional administrative and technological resources. [Built In Austin]
