Month: January 2020

Active Capital Leads $1.5M Seed Round for Social Media Management Platform Cloud Campaign
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Active Capital Leads $1.5M Seed Round for Social Media Management Platform Cloud Campaign

Cloud Campaign, a social media management platform for marketing agencies, announced it closed a $1.5 million seed funding round Friday.  Active Capital, a San Antonio-based seed venture firm for business-to-business (B2B) software as a service (SaaS) companies, led the round. Also investing were Colorado-based Access Venture Partners, AdEspresso founder Armando Biondi, Datalogix chief operations officer Eric Kirby, and former Google vice president of marketing Scott Epstein.Ross Gray and  Ryan Born founded the company in 2017. Cloud Campaign has nine employees and is based in Portland, Oregon, with a second office opening in Boulder, Colorado, in the coming months. They previously received $20,000 in pre-seed funding. Social media has become an essential element in marketing campa...
Fintech Startup FloatMe Closes $250,000 Pre-Seed Round
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Fintech Startup FloatMe Closes $250,000 Pre-Seed Round

Launching a financial lending services company takes considerable working capital. The San Antonio startup FloatMe is doing just that, having closed a $250,000 pre-seed funding round in December 2019 to help grow its micro-lending application.The Cleveland-based early-stage venture fund Comeback Capital led the round, with participation from San Francisco-based Right Side Capital Management, and local San Antonio investors.Co-founders Josh Sanchez and Ryan Cleary developed the FloatMe app in 2017 to enable workers to get a "float" or short-term advance on their next paycheck without paying hefty fees or interest. Payday lending is a $46 billion industry that traps users with interest fees up 510%.The FloatMe app gives employed customers an advance on their paycheck quickly and ...
San Antonio Needs a Venture for America Community Director — Here’s Why
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San Antonio Needs a Venture for America Community Director — Here’s Why

Guest author Rosalie Reuss is a product manager at Go Smart Solar. She moved to San Antonio after graduating from the University of Virginia in 2018 as a Venture for America fellow. She is passionate about energy, the environment, and building a thriving entrepreneurial community. Venture For America (VFA) is a fellowship program for recent college graduates who want to become startup leaders and entrepreneurs.A nonprofit organization headquartered in New York City, it was founded in 2011 by Andrew Yang (yes, that Andrew Yang, the entrepreneur and philanthropist running for president).VFA's mission is to grow entrepreneurial ecosystems by placing recent graduates and young professionals at startups in cities across the U.S. — cities like Detroit, Pittsburgh, and San Antonio. ...
A Big Partnership for Higher Ed Data Analytics, Enflux Partners with ExamSoft
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A Big Partnership for Higher Ed Data Analytics, Enflux Partners with ExamSoft

Big data analytics company Enflux announced Tuesday its partnership with Dallas-based ExamSoft, the leading provider of assessment tools for universities.ExamSoft administers over 55 million exams for more than 1,700 academic, certification, and licensing programs and institutions. Partnering with ExamSoft enables the San Antonio software company to extend market reach for the Enflux higher-education enterprise software.The software as a service (Saas) startup developed its analytics software for health science schools and has three patents pending for its technologies. Enflux’s cloud-based platform helps universities track student performance, a leading indicator for schools maintaining accreditation status.“Capturing actionable data and providing meaningful reporting and anal...
SaaS Voice App Yac Closes $1.5 Seed Round led by Active Capital
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SaaS Voice App Yac Closes $1.5 Seed Round led by Active Capital

Without tone and inflection, it's hard to tell sometimes if an email, Tweet, or text is meant as a compliment or a complaint. One Orlando, Fla.-based startup developed a voice app solution to solve this problem.Yac announced Wednesday a $1.5 million seed financing led by San Antonio-based venture firm Active Capital with participation from angel investors. Betaworks and Booth VC invested $275,000 in a pre-seed round that closed in April 2019.The Yac app helps users send voice messages asynchronously (meaning, there’s a delay between the message sent and the recipient’s response). On average, there are about 4,500 messages a month left on Yac’s service, and the company has around 250 daily active users, according to Yac founder Justin Mitchell.Mitchell, who is also founder of di...
Geekdom Startup Allosense Wins Air Force Funding for Asset Trackers
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Geekdom Startup Allosense Wins Air Force Funding for Asset Trackers

Winning an Air Force contract estimated at a potential total value of up to $5 million has been game-changing for one Geekdom startup company producing internet-of-things or IoT tracking devices. Allosense founder Roman Sandoval applied to the competitive awards-based Air Force Small Business Innovation Research (SBIR) program and won a Phase 1 SBIR award for $50,000 in December 2019.Allosense provides an easy way for companies or organizations looking to integrate the use of smart sensors for tracking assets. The asset trackers are cellphone-sized devices that are always in communication, either on-demand or via a data stream.“We make always-connected sensors that can be used as asset trackers in logistics,” Sandoval said. “Our ‘Sensing-as-a-Service’ can be used in many different ...
Promoter.io Founder Chad Keck Talks About Being First, Offers Acquisition Advice for Founders
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Promoter.io Founder Chad Keck Talks About Being First, Offers Acquisition Advice for Founders

With little fanfare, San Antonio-based Promoter.io, a customer analytics and insights software as a service (SaaS) platform for small and medium-sized businesses, was acquired in September 2019 by Medallia, the global leader in customer experience management. In that same month, Medallia underwent an IPO four days before buying two other companies along with Promoter.io.Founders Chad Keck and Ricardo Reyna (who left the company in 2018) launched Promoter.io in 2013, working out of Geekdom, San Antonio’s first co-working space. The startup raised $1.6 million in funding over five pre-seed and seed funding rounds. Their latest round was in January 2018 for $150,000.Startups San Antonio caught up with Keck to reflect on why he built Promoter, the significance of being the first startu...
San Antonio Women in Tech Who Can Speak at Your Next Event
Articles, Featured, Startups and Speakers Lists

San Antonio Women in Tech Who Can Speak at Your Next Event

San Antonio has talented women working in many disciplines of interest to our growing tech industry. When it comes time to organizing your next tech panel or event, we hope you consult this list of over 130 San Antonio women who are at the top of their game and can add their voices to the discussion about the tech industry.Who are these women? Over 50 are founders or co-founders of tech or biotech companies in San Antonio. Many are entrepreneurs, software engineers, infosecurity and other cybersecurity professionals, data scientists, IT analysts, biotech professionals, tech-focused lawyers, marketers working in the tech industry, and other tech-focused experts who are a part of San Antonio's tech ecosystem.Luckily, we got a head start with the list of San Antonio Latinas in tech Am...
San Antonio Startup Events for the Week of January 6, 2020
This Week in San Antonio

San Antonio Startup Events for the Week of January 6, 2020

Interested in San Antonio startup events? Here are some entrepreneurial events this week in San Antonio of interest to innovators working in tech, science, and engineering, thanks to the San Antonio Business Calendar.SABusinessCalendar.com co-founders Matthew Espinoza and Michael Espinoza provide a vital resource for San Antonio’s business community listing by compiling upcoming business events in San Antonio. The SA Business Calendar lists over 150 business events every week from different industry sectors. If you are interested in their full list of business events, sign up for the SA Business Calendar weekly events newsletter at www.sabusinesscalendar.com.Happy New Year! Here's some events to get your year off to a great start.SAMA Recognition Luncheon Presented by: San Anto...