Austin Firms, Dallas’ Health Wildcatters Startups Raise Funds

School’s out for summer, and the temperatures around Texas are rising. Instead of taking that as a cue to slow down, the state’s startups continue on a brisk pace with several new funding announcements.

TurnKey Vacation Rentals announced Tuesday it has raised $3 million in seed funding from Silverton Partners, an Austin, TX, venture capital firm. TurnKey, which is also based in Austin, offers second-home and vacation property management services for owners looking for short-term tenants. It currently has about 200 properties listed in Austin, Port Aransas, TX, and Santa Barbara, CA. It previously raised $1.5 million.

—Dallas-based Health Wildcatters said Tuesday that its inaugural class of startups has raised $4.6 million. Of the dozen healthtech companies, the accelerator pointed out four that have raised funds. One of those startups is Dallas-based Cariloop, a website to connect seniors with home care, residential centers, and other services, which last week raised $400,000 in seed funding. The deadline for applications for the accelerator’s second class is June 15.

Handshakez, an Austin company that creates private showrooms online, raised $1 million Friday. The service takes sales conversations out of e-mail and into a collaborative space online, according to the Austin American-Statesman. The startup raised $3.6 million in a Series A round in March.

TrendKite, a provider of an online PR and marketing dashboard, raised $3.2 million Friday in venture funding. Houston’s Mercury Fund and Silverton Partners led the round. In August, the Austin startup raised $1.2 million.

— Also on Friday, Inova Labs said it had raised an additional $3 million in venture capital. The Austin company, which has raised a total of $15 million, makes portable oxygen concentrators for patients with respiratory conditions.

RigUp, a cleantech company based in Austin, said it raised $3 million in a Series A round last week. The startup has software to help energy drilling companies and suppliers manage projects and track crew performance in real time.

Author: Angela Shah

Angela Shah was formerly the editor of Xconomy Texas. She has written about startups along a wide entrepreneurial spectrum, from Silicon Valley transplants to Austin transforming a once-sleepy university town in the '90s tech boom to 20-something women defying cultural norms as they seek to build vital IT infrastructure in a war-torn Afghanistan. As a foreign correspondent based in Dubai, her work appeared in The New York Times, TIME, Newsweek/Daily Beast and Forbes Asia. Before moving overseas, Shah was a staff writer and columnist with The Dallas Morning News and the Austin American-Statesman. She has a Bachelor's of Journalism from the University of Texas at Austin, and she is a 2007 Knight-Wallace Fellow at the University of Michigan. With the launch of Xconomy Texas, she's returned to her hometown of Houston.