TLDR:
- Houston startups concluded 2023 with a number of successful funding rounds, ranging from seed rounds to series C rounds and extensions.
- Key startups that secured funding in the fourth quarter of 2023 include: Amperon Holdings Inc., Velostics, Konect.ai, Graylog, RepeatMD, Kahuna Workforce Solutions, Allganize, EndoQuest Robotics Inc., and Digital Wildcatters.
Nine Houston startups recently announced successful funding rounds at the end of 2023. These include:
Amperon Holdings Inc.: A Houston-based startup that helps energy customers accelerate its energy analytics and grid decarbonization technology. It closed a series B round of funding at $20 million. Energize Capital led the round and was joined by D. E. Shaw Group, Veriten, HSBC Asset Management, and two of Amperon’s early customers, Ørsted and another strategic utility partner.
Velostics: A Houston logistics software company that raised an additional $1.95 million in seed funding. The company’s platform optimizes scheduling for inbound and outbound trucks, resulting in cost savings and reduced emissions from idling trucks.
Konect.ai: A Houston startup using AI and natural language processing to enhance communications within the retail automotive industry. It raised $5.5 million in seed funding from Austin-based Silverton Partners.
Graylog: A Houston software-as-a-service company offering cybersecurity and IT operations platforms. It closed $30 million in financing, with participation from new investor Silver Lake Waterman and existing investors Piper Sandler Merchant Banking and Harbert Growth Partners.
RepeatMD: A Houston startup with a software platform for the aesthetic and wellness industry. It secured $40 million in venture capital and $10 million in debt facility, just nine months after its seed round.
Kahuna Workforce Solutions: A Houston company providing HR software solutions. It closed a $21 million series B funding round led by Resolve Growth Partners.
Allganize: A Houston tech startup specializing in artificial intelligence. It recently closed a $20 million series B round of funding, bringing its total amount raised to $35 million.
EndoQuest Robotics Inc.: A Houston medical device company using robotics technology in the operating room. It closed a $42 million series C round to advance its robot technology for minimally invasive procedures.
Digital Wildcatters: A Houston-based company empowering the energy workforce. It raised $2.5 million in a seed round to support its mission of recruiting the next generation of energy workers.
