FundedIQ

Funded Startups in Southlake

Among the eight most recent disclosed rounds tied to Southlake, Texas, Renibus Therapeutics’ $25M Series B (2023-09-12) is the largest disclosed amount, an…

Among the eight most recent disclosed rounds tied to Southlake, Texas, Renibus Therapeutics’ $25M Series B (2023-09-12) is the largest disclosed amount, and it sits above the next-largest $18M Onconano Medicine Series B (2021-10-25). The rest of the disclosed rounds cluster mostly below $10M, with multiple “small” financings at $2M (Mindzie, 2021-01-05) and $980K/$500K levels (Profit on 2023-06-01 for $980K; ARTFLLY and truMED on 2021-04-15 and 2021-04-14 for $500K each).

Sector and timing concentrate: biotech appears in 4 of 8 entries (Renibus Therapeutics; Onconano Medicine twice), while 5 of 8 rounds are labeled “Seed” or “Series B” between 2021-01-05 and 2023-09-12. Dates span 2021-01-05 (Mindzie) through 2023-09-12 (Renibus Therapeutics), and the newest entry is the Renibus Therapeutics $25M round on 2023-09-12. Financial Services and Biotechnology both show up multiple times, and one notable outlier is Renegade Insurance’s $75M “Venture - Series Unknown” round on 2022-04-03, which dwarfs the next-highest disclosed amount in this view.

Most recent rounds

8 shown

Related listings

Frequently asked

What’s the largest disclosed round for Southlake in this list, and how does it compare with the rest?

Renegade Insurance has the largest disclosed amount at $75M on 2022-04-03 (“Venture - Series Unknown”). In contrast, the next-largest disclosed amount is $25M for Renibus Therapeutics on 2023-09-12, with most other disclosed rounds landing well below $10M (for example, Profit at $980K on 2023-06-01; Mindzie at $2M on 2021-01-05).

Do multiple sectors over-represent in these eight Southlake entries?

Yes. Biotech accounts for 4 of 8 entries, driven by Renibus Therapeutics and Onconano Medicine (two separate rounds on 2021-10-25 for $18M and 2021-06-17 for $50M). Financial Services also appears in 2 of 8 entries (Profit at $980K on 2023-06-01 and Renegade Insurance at $75M on 2022-04-03), while the remaining sectors (AI, IT, commerce) appear once each.

Is there a timing cluster, or are rounds spread evenly across years?

They’re concentrated within a roughly 2.7-year window: the oldest shown round is Mindzie on 2021-01-05 ($2M) and the newest is Renibus Therapeutics on 2023-09-12 ($25M). There’s also a dense 2021 cluster where several seed rounds land in April 2021 (ARTFLLY on 2021-04-15 for $500K; truMED on 2021-04-14 for $500K) and Onconano Medicine runs in June and October 2021 ($50M on 2021-06-17 and $18M on 2021-10-25).

What stage mix dominates this snapshot of Southlake funding?

Seed rounds are prominent at 3 of 8 entries (Profit is Seed on 2023-06-01 for $980K; ARTFLLY is Seed on 2021-04-15 for $500K; truMED is Seed on 2021-04-14 for $500K). Series B appears 2 of 8 entries (Renibus Therapeutics at $25M on 2023-09-12; Onconano Medicine at $18M on 2021-10-25), and “Venture - Series Unknown” appears once (Renegade Insurance, $75M on 2022-04-03). One Onconano Medicine row is missing a stage label (2021-06-17, $50M).

Are there outliers in sector or round size worth investigating further?

The largest-size outlier is Renegade Insurance’s $75M on 2022-04-03, labeled “Venture - Series Unknown,” which is far above the other disclosed highs in this view (e.g., $25M on 2023-09-12 and $18M on 2021-10-25). On the low end, the smallest disclosed amount is Mindzie at $2M on 2021-01-05, below Profit’s $980K Seed on 2023-06-01 and the $500K seed rounds for ARTFLLY (2021-04-15) and truMED (2021-04-14).

Which entries fall closest to the most recent date shown in Southlake, Texas?

Using the newest round date (2023-09-12, Renibus Therapeutics at $25M), the next-closest in time is Profit’s Seed on 2023-06-01 for $980K. The remaining entries jump back to 2022-04-03 (Renegade Insurance, $75M) and then 2021 dates, including multiple Onconano Medicine rounds in 2021 ($50M on 2021-06-17 and $18M on 2021-10-25) and April 2021 seed rounds for ARTFLLY ($500K) and truMED ($500K).

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