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Chanel Lee

AvidXchange Eyes Double Unicorn Status With $260M Equity Funding Round

AvidXchange Eyes Double Unicorn Status With $260M Equity Funding Round

Charlotte-based fintech unicorn AvidXchange has announced it has raised $260 million in equity capital as part of the company's latest financing round. TPG Sixth Street Partners, an AvidXchange investor since 2015, led participation in the round. When the company announced the round’s launch in December 2019, Reuters

Hitch

Hytch Announces Plan to Make Transportation Carbon Neutral Nationwide

Hytch has announced the launch of the nation’s largest carbon offset program for commuters. The program is free to any commuter who wants to reduce their carbon footprint. The Nashville-based platform records customers' shared usage of transportation routes, including rides that don’t involve cars, then pays for

Atlanta-based Payroll Service Provider OnPay Raises $6M Series A From Individual Investors

Atlanta-based Payroll Service Provider OnPay Raises $6M Series A From Individual Investors

Atlanta-based payroll service provider OnPay has announced the completion of a $6 million Series A funding round from a coterie of individual private investors, exceeding its $5 million goal. OnPay will use the investment to grow its team, expand marketing efforts, develop products, and enhance the company’s customer experience.

Eventeny team

This Startup Makes Event Coordination Less Stressful and More Fun

Despite the long lines and large crowds, people usually think of fun when they think of festivals. That changed for Aly Hussaini when he caught a glimpse of the hard work behind the revelry as he watched his sister struggle with the challenges that come with running big events. “She

Comcast NBCUniversal Launches Atlanta-Based Accelerator Targeting Sports Technology Startups

Comcast NBCUniversal Launches Atlanta-Based Accelerator Targeting Sports Technology Startups

Comcast NBCUniversal has announced the launch of SportsTech, a three-month global accelerator for multi-stage sports technology startups that will be based in Atlanta. The accelerator features what Comcast NBCUniversal calls an “unprecedented partnership” between three of the broadcast giant’s sports brands – NBC Sports, Sky Sports and Golf Channel, as

Osprey

Sense Photonics Debuts First Modular LiDAR Unit for Autonomous Drivers at CES 2020

Six months after exiting stealth mode with a $26 million Series A funding round, Sense Photonics, a Durham-based company dedicated to providing flash light detection and ranging (LiDAR) technology for self-driving cars, has announced its official entry into the automotive market with the first modular flash LiDAR unit for advanced

Oncolens

OncoLens Raises $2.5M in Pre-Series A Funding Round Led by BIP Capital

OncoLens, an Atlanta-based SaaS platform dedicated to streamlining the planning of cancer treatment, has announced the closing of a $2.5M pre-Series A funding round led by BIP Capital. Atlanta Technology Angels and the Robbins Fund also participated in the round; all three had previously invested in OncoLens’ seed round