Austin tech companies have a diverse array of initiatives on the way. With ample funding and abundant growth plans, find out what these Austin tech startups are planning with last week’s developments. This is the Built In Austin weekly refresh.
Rev.com is hiring 130 people. The positions span departments including engineering, sales, product and marketing. It’s also planning to expand the size of its Austin office in Hartland Plaza to 14,478 square feet. Rev.com provides a voice-to-text service that can transcribe video and audio files by using AI and human intelligence. [Built In Austin]
Homeward pulled in $371M. Helping homebuyers keep up with the trend of putting down cash offers for a new home, finance company Homeward pulled in a massive new round of funding to invest in its platform. It’s planning to scale and expand into additional markets. Right now, Homeward is available in Texas, Colorado and Georgia. It’s also hiring across teams including engineering, finance, product and marketing. [Built In Austin]
Austin Tech Quote of the Week
“It’s no secret that people are eager to travel again and we’re predicting that travel behavior will ramp up throughout the summer, and a lot of the outdoor-related travel behaviors we saw last summer will continue throughout this summer. People are continuing to avoid major cities and crowds, and a lot of people are discovering a newfound connection to the outdoors. — Sarah Crockett, CMO of Backcountry
Outdoorsy teams up with Backcountry. Austin-based Outdoorsy provides rentals for RVs and campers, while Backcountry sells outdoor gear. With their new partnership, the companies are aiming to offer customers a centralized place to shop for all their upcoming summer activity needs. Outdoorsy is also currently hiring across several roles including some in engineering. [Built In Austin]
SparkCognition opened the first building of its new campus. Located on the company’s new HyperWerx campus, the AI company’s new facility will be used to test and showcase the potential of AI-integrated physical systems. The building will house innovations from integrating aerial and land systems to developing unmanned robotics platforms. [Built In Austin]
Revival Healthcare Capital got $500M. With its new fund, the VC firm is planning to make a strategic investment in a high-potential company where one of their partners will have the option to acquire the company in the future. Aiming to build collaborative partnerships, Revival focuses on the medical device and diagnostic healthcare sectors. [Business Wire]