Dallas startup Stellar receives $20 million from Series B funding round according to a Dallas Innovates article which reports,
“Stellar’s platform leverages AI and machine learning to reimagine home maintenance. The startup partners with property managers and contractors to take care of homes and people—with a “mission of delivering hassle-free maintenance done right.”
“We have caught lightning in a bottle,” Founder and CEO Dustin Marx said of the new raise.
Founded in 2016, Stellar is a venture-backed, technology-driven marketplace that aims to solve maintenance at scale for the single-family rental market.””
Additionally, the two-year old company from Dallas received a $60 million investment according to a Dallas Morning News article. They say,
“Island, a two-year-old company bearing the name of its enterprise browser, emerged from stealth in February and eclipsed a $1 billion-plus valuation a month later.
A cash infusion has brought two-year-old Dallas IT software startup Island’s total funding to over $285 million.
The new $60 million investment, led by Toronto-based fintech company Georgian, reaffirms Island’s $1.3 billion valuation and unicorn status, according to the company.”
Island will end the year with 150 employees and will double that number by next year.