Spanning companies from real estate tech to veterinary care solutions, Austin’s largest tech funding rounds totaled $229 million in August. Find out which company secured the month’s top raise, and learn how it’s investing the new capital.
Top Austin Tech Funding Rounds, August 2023
- SpyCloud
- One Model
- Osano
- Otto
- Flueid
$5. $10 million, August 10
Adding onto its Series B round with another $10 million, Flueid is gearing up to advance its real estate tech solution made for tracking property title information. The company integrates with two loan origination and point of sale systems, and the fresh capital will help Flueid build more integrations.
#4. $43 million, August 31
Offering vet clinic software solutions for tasks like scheduling appointments and fulfilling digital prescriptions, Otto secured a fresh round of funding for its practice management system. The Series B capital led by Mercury Fund enabled Otto to implement new product features such a communication platform and membership plans.
#3. $25 million, August 10
Osano, a company specializing in data privacy management software, announced a $25 million Series B raise from lead investor Baird Capital. The money will go toward expanding its team across engineering, product development and sales. Osano will also invest in research and development as well as the creation of a channel program to expand its product suite.
#2. $41 million, August 7
People analytics software provider One Model pulled in $41 million in funding led by Riverwood Capital. The company plans to fuel product development for two of its solutions, a workforce data orchestration platform called the People Data Cloud, and its data science, machine learning and predictive analytics HR platform One AI.
#1. $110 million, August 25
Cybersecurity innovator SpyCloud announced a round of growth funding to advance its platform that equips businesses with digital identity analytics solutions. The capital from lead investor Riverwood Capital will go toward accelerating innovations across use cases, releasing authentication bypass prevention solutions, growing its malware assets database and expanding its integrations and expanding its global go-to-market teams.
