Wellness technology company Peerfit has teamed up with the YMCA of the USA in its latest growth milestone.
Getty Images / Andy Roberts
If it seemed like a lot happened in the last month in the Tampa Bay startup ecosystem, we've got proof of that below.
Tampa Bay Inno has rounded up the partnerships, acquisitions and company expansion and relocations that occurred in May 2021. To make sure you don't miss out on this news in the future, subscribe to our tech and startup newsletter here.
The moves
- Virginia-based technology company ID.me has chosen Tampa for its second office and plans to bring more than 500 jobs to the area. The company has a focus on secure digital identity verification and says it has over 40M members. Tampa beat out Jacksonville, Provo, UT and Greensville, SC, for the second office spot, according to CEO Blake Hall. The Business Journal's got the full story.
- Juice Technology AG, a Switzerland-based producer of electric charging stations and software, is expanding a sales office to Tampa. The city was chosen because, unsurprisingly, Juice Technology's general manager Michael Boehm decided to make the city his new home. This is the first foray into the U.S. for the company. Get the full story here.
- Four local entrepreneurs have launched TampaBay.Ventures, a $20M fund focused solely on Tampa Bay companies. Its goal is to invest in at least 20 tech-enabled startups over the next five years, with checks in the six-figure to $1M range. It also wants to go beyond cutting checks and provide startups the tools they need to thrive. Get the full story.
- Knox Financial, a Boston-based fintech company for property investors, has expanded its services to Tampa Bay. Tampa is the seventh market for the company, with the expansion coming after it raised a $10M Series A in 2019. Company officials told Tampa Bay Inno it will have a local hiring spree later this year and plans to eventually open an office in the Bay area, too.
- International Data Corp., a Massachusetts tech market research company, has expanded to Tampa Bay and wants its first hires to start in the next few months. The company is a technology research business that works with investors and startups and has begun seeking local hires focusing on entry- and mid-level sales positions. It plans to hire roughly 100 people in the next 18 months while securing an office location. Get the full story.
The acquisitions
- Tampa-based eMBS Inc., which tracks mortgage-backed securities, was acquired by Black Knight, a Jacksonville-based company software provider for mortgage and home equity lending and servicing.
- Tampa-based iProcedures, a cloud-based anesthesia documentation company, was acquired by Provation, a Minnesota health care company. Financial details of the deal were not disclosed, but Provation's CEO Daniel Hamburger said the company will add roughly $100M in revenue with the new addition. The Business Journal has more.
- Sarasota-based Perform[cb], formerly known as Clickbooth, was acquired by Canadian private equity firm Beringer Capital. Company officials told Tampa Bay Inno the acquisition is more of a partnership; no changes will be made to its C-level team, it will remain in Sarasota and no layoffs were enacted. Get the full story.
- AgileThought, the Tampa-based software company acquired in 2019, is going public after merging with a special purpose acquisition company, otherwise known as a SPAC. AgileThought, which still has a presence in Tampa, will be combining with blank check company LIV Capital Acquisition Corp. Officials state the combined deal will have a value of roughly $482M.
- Synzi, a St. Petersburg-based startup focusing on the telehealth industry, has been acquired by AMN Healthcare in a $42M cash deal. Synzi's CEO Lee Horner told us for the most part the deal won't change the day-to-day operations of the company — the name, St. Pete location and employees are all staying put. Get the full details.
The partnerships
- Wellness technology company Peerfit has teamed up with the YMCA of the USA in its latest growth milestone. The company, which allows members to use credits to take fitness classes or reserve gym time, will now work in your local YMCAs as well. Reminder: They've been growing fast, raising $10M at the start of 2020 and ending the year selling its IP to an undisclosed fitness company.
- Clearwater-based TeamViewer, which provides remote connectivity solutions, has partnered with Tampa-based cyber firm Malwarebytes. Malwarebytes' tech will be embedded in the TeamViewer offerings to further help companies fight off cyber threats.
