Austin Firms, Dallas’ Health Wildcatters Startups Raise Funds

School’s out for summer, and the temperatures around Texas are rising. Instead of taking that as a cue to slow down, the state’s startups continue on a brisk pace with several new funding announcements.

TurnKey Vacation Rentals announced Tuesday it has raised $3 million in seed funding from Silverton Partners, an Austin, TX, venture capital firm. TurnKey, which is also based in Austin, offers second-home and vacation property management services for owners looking for short-term tenants. It currently has about 200 properties listed in Austin, Port Aransas, TX, and Santa Barbara, CA. It previously raised $1.5 million.

—Dallas-based Health Wildcatters said Tuesday that its inaugural class of startups has raised $4.6 million. Of the dozen healthtech companies, the accelerator pointed out four that have raised funds. One of those startups is Dallas-based Cariloop, a website to connect seniors with home care, residential centers, and other services, which last week raised $400,000 in seed funding. The deadline for applications for the accelerator’s second class is June 15.

Handshakez, an Austin company that creates private showrooms online, raised $1 million Friday. The service takes sales conversations out of e-mail and into a collaborative space online, according to the Austin American-Statesman. The startup raised $3.6 million in a Series A round in March.

TrendKite, a provider of an online PR and marketing dashboard, raised $3.2 million Friday in venture funding. Houston’s Mercury Fund and Silverton Partners led the round. In August, the Austin startup raised $1.2 million.

— Also on Friday, Inova Labs said it had raised an additional $3 million in venture capital. The Austin company, which has raised a total of $15 million, makes portable oxygen concentrators for patients with respiratory conditions.

RigUp, a cleantech company based in Austin, said it raised $3 million in a Series A round last week. The startup has software to help energy drilling companies and suppliers manage projects and track crew performance in real time.

Angela Shah is the editor of Xconomy Texas. She can be reached at or (214) 793-5763. Follow @angelashah

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