Want to stay up to date on the latest startup fundings, launches, and expansions in Austin? Startup Over Coffee’s weekly roundup of Austin startups to watch will keep you in the loop on the latest Austin tech news. Catch up on previous weekly roundups here.

FileCloud

Austin-based startup FileCloud is an enterprise file sharing, sync, and backup solution that provides enterprise teams with hybrid cloud content services. These teams can share different amounts of data across private and public clouds. Announced in Austin Inno, FileCloud has recently raised a $30 million Series A funding round, with Savant Growth and Kennet Partners contributions. 

In addition to the startup’s new funding round, Ray Downes is replacing Madhan Kanagavel as CEO of FileCloud. Kanagavel founded FileCloud in 2016 but is now taking on the role of president and chief technology officer of the company. Currently, the startup has 15 out of its 89 employees based in Austin and is anticipating doubling its headcount within the next couple of years. 

Pod Foods

According to Built in Austin, Austin-based company Pod Foods raised $10 million in venture capital, $3 million from its Series A funding round in 2019 and $3 million from its seed round in 2020. 

Founded in 2017, Pod Foods is a full-service wholesale marketplace that connects grocers to emerging brands that sell. With Pod Food’s network, retailers can get their products delivered within a matter of 24 hours. Currently, the company has 58 remote employees. 

Although the amount of brands on Pod Food’s network has doubled since last year, the company’s new funding will be used to expand branding and retailer network. 

Restore 

Founded in 2015, Restore is an Austin-based company that provides expert guidance and an extensive array of cutting-edge modalities such as cryotherapy, IV drip therapy, and other forms of holistic health treatments. According to Built in Austin, this startup recently raised a $140 million funding round. 

Located in 34 states with 115 locations, Restore has over 2,400 employees, 135 of those found in Austin. The company anticipates hiring an additional 85 employees in 2022 at its headquarters located in Austin. 

In 2022, Restore will be adding new advancements, such as introducing a new mobile app that’ll allow customers to receive guidance and care from the comfort of their homes and workplaces. In addition, with its increasing sales growth, the company plans on opening a new store every four days in 2022. 

New Austin Tech Unicorns in 2021

This year, Austin’s tech scene has thrived and continued to show massive growth month and month. Built in Austin curated a list of some Austin tech startups that have reached unicorn status in 2021.

In April, The Zebra raised a $150 million Series D funding round, which helped push the company to unicorn status. Currently, the company has 325 employees but plans on hiring an additional 100 employees within the following year. 

Firefly Aerospace provides economical and convenient access to space by developing small and medium-sized launch vehicles, spacecraft, and in-space services. The company raised a $75 million Series A funding round this year. In addition, one of Firefly’s seed investors sold $100 million in equity holding to Firefly’s Series A contributors and investors. 

Due to Abrigo receiving a growth investment from global investment firm Carlyle, this helped the startup be valued at over $1 billion, making them yet another Austin unicorn. 

About Michelle Vernaza: Michelle is a Business Development Associate Intern for Swyft, which is a tech PR firm in Austin and Houston and a top digital marketing and PR agency in Denver since its founding in 2011. Swyft also has a small satellite office where it offers tech PR in San Francisco. Swyft has been listed as one of the top tech PR agencies in Texas for two years running by the B2B services review site, Clutch.co.