February saw some Austin tech companies make big moves. The top five funding rounds netted a combined total of $92 million, with insurance marketplace The Zebra taking the top spot. Read on for the details of the biggest equity funding rounds from this month.
#5. $10 million, February 13
The company offers cybersecurity solutions for tech, financing healthcare and manufacturing organizations. Its customers include Google, Microsoft and Samsung. Bill Wood Ventures and McKinsey & Company led the Series A funding round.
#4. $10.5 million, February 19
Its AI-based software helps banks and investment firms monitor the financial market. Jump Capital and LiveOak Venture Partners led the funding round. Additionally, the company added to its board of directors.
#3. $13 million, February 4
Pattern aims to deliver faster, definitive bacterial testing to reduce inappropriately prescribed antibiotics. It was founded in 2016. The funds allow it to expand its team and further develop its product.
#2. $20 million, February 19
The startup provides a credit builder account for people who need help with a positive credit history. Altos Ventures and Conductive Ventures co-led the Series C round. Silverton Partners also participated.
#1. $38.5 million, February 5
The Zebra offers a platform for insurance comparison, both for car insurance and homeowner’s insurance. Accel led the Series C round. Silverton Partners, Ballast Point Ventures and the company’s CEO Keith Melnick also participated.
