Tampa Bay tech companies raised over $37 million in funding in March, bringing the region’s Q1 funding total to roughly $240 million.
We’ve gathered up any of the deals you missed in March below.
Lonestar Data Company, a St. Petersburg-based data company focused on the space industry, closed an oversubscribed seed round totaling more than $5 million. The company sought $5 million but raised “significantly” over that, with CEO Chris Stott declining to disclose the total amount. We’ve got the story.
St. Pete-based company Viirtue closed a $10.8 million Series A, led entirely by Tampa-based Ballast Point Ventures. The company offers voice and communication services to managed service providers. It initially sought a $10 million round, company CEO Daniel Rosenrauch told Tampa Bay Inno, but it soon became oversubscribed. Get the story.
Clearwater-based TherapyIQ closed a $200,000 investment from St. Pete firm Seedfunders as part of a $1 million seed round. The company will use the funding to expand its SaaS platform. It previously closed a $1.5 million pre-seed round at the end of 2022 and had told Tampa Bay Inno it was eyeing a $2 million seed round.
SKUx, a St. Pete-based startup focused on the financial technology sector, raised $11 million in its Series A funding round. The round was led by an undisclosed family office investor “focused on fintech and payments,” according to SKUx president Bobby Tinsley. New York-based Advection Growth Capital and other undisclosed investors also participated. We’ve got the story.
Equitus, a Clearwater technology company that launched from stealth mode this year, closed a $10 million Series A. The company is an intelligence firm with a focus on the defense industry and has raised roughly $20 million since its founding in 2008. But CEO Rob Guidry isn’t ready to slow down — he plans to close a Series B or go public through a SPAC deal by the end of the year. We’ve got the story.
