Weekly Refresh: Silverton Partners’ New Funds, ATX Kit Launched, and More

Read our latest weekly refresh for trending Austin tech news.

Written by Anna Holmquist
Published on May. 04, 2020
Weekly Refresh: Silverton Partners’ New Funds, ATX Kit Launched, and More
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Silverton Partners closed on $144M across two funds. It’s an early stage VC firm with $403 million under management. It expects to add 20-25 companies to one portfolio, and up to eight positions in its opportunity fund. [Crunchbase]

Medici raised $24M. Its HIPAA-compliant healthcare platform lets patients text, call or video chat with their doctors. The Series B will allow the company to expand its impact as it grows rapidly. [Built In Austin]

ATX Kit launched. The service lets you buy a $49 or $99 kit that comes with a curated selection of foods from Austin companies. Ten percent of each sale goes to making kits for local hospitals. [Austin Business Journal]

Ontic raised $12M. The security startup offers threat analysis for businesses. Felicis Ventures led the Series A round. [Built In Austin]

Bright Health names new CEO. The Minneapolis-based company has a significant Austin presence and just named Mike Mikan as its new CEO. Mikan has served as the company’s president since last September, and was previously an executive at UnitedHealth Group and interim CEO at Best Buy. It also announced Jeff Immelt, the former chairman and CEO of GE, as one of three new board members. [Wealth-X]

TeleVet to offer platform for free. For a month, it’ll provide its animal telemedicine platform at no cost. It most recently closed a $2 million seed round in January. [CultureMap Houston]

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