Tech roundup: 2 startups raise Series As, CrowdOut Capital expands to Dallas, and more

by Kelly O'Halloran
February 21, 2019
rabbet austin cofounders
photo provided by rabbet

Rabbet locks in $8M following rebrand

Rabbet, formerly Contract Simply, announced this week an $8 million Series A led by QED. The startup, founded in 2017, provides a financing solution for the construction industry that offers secure, standardized information exchanges. Through machine learning, its platform analyzes loan documents and extracts the most important info to reduce administrative time and burden associated with creating new loans. The funding will be put toward the development of its platform and to grow its sales, product and engineering teams in Austin. [Built In Austin]

pinpoint team
photo provided by pinpoint

Pinpoint raises $13.5M Series A

Pinpoint, the Austin-based startup creating web-based tools for measuring engineering team success, raised $13.5 million from seven investors last week. Jeff Haynie and Nolan Wright co-founded Pinpoint in 2016. The company is currently growing in Austin and has existing offices in Raleigh, Silicon Valley, and Guadalajara, Mexico. [Built In Austin]


school admin
image via shutterstock

SchoolAdmin partially acquired by Quad Partners

On Tuesday, Quad Partners shared that it has invested in edtech firm SchoolAdmin in exchange for a majority stake in the company. SchoolAdmin launched in 2009 and partners with schools to digitally assist with recruitment, admissions, enrollment and tuition billing. Quad Partners’ co-founder said the Austin company has had the highest customer satisfaction scores they’ve ever seen in their 20 years of investing in education companies. [Press Release]


mood media cafe
image via shutterstock

Mood Media welcomes new CEO

In-store media solutions company Mood Media announced David Hoodis as its new CEO, effective Feb. 20. He joins the company from IRI, where he served as president of its retail sector for three years. Hoodis also previously held executive roles at NCR, Snack Box, Modell’s Sporting Goods and Walmart. In addition, Mood Media promoted Ken Eissing from president of the in-store media division to president of the company. The hiring news follows Steven Richards’ retirement as president and CEO of Mood Media in January. [Press Release]


yeti kayak
image via shutterstock

YETI adds retail, e-commerce expert to board

YETI announced on Valentine’s Day that Mary Lou Kelley, an e-commerce maven with previous careers at Best Buy, Chico’s, and L.L. Bean, will join its board of directors. She most recently served as president of e-commerce at Best Buy. [Press Release]


crowdout capital team
image provided by crowdout capital

CrowdOut Capital expands to Dallas

Following a monumental year of growth in loan originations, investments and internal team expansions, Crowdout Capital has opened its second office in Dallas. The company’s platform provides an opportunity for individuals to invest in companies for as little as $1,000 that directly fund corporate loans ranging from $4 million to $50 million in size. Stu Bell, a commercial banking and private equity expert with more than 20 years of experience, will head the new office. [Press Release]

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