Market Intelligence Top Austin Startups to Watch in 2022 Published May 28th, 2022

These are the 51 top startups to watch headquartered in Austin, TX. We built this by parsing through nearly 300 Austin based tech companies, filtering for recently founded private companies and sorting by companies that have raised the most money.

Top Austin Startups to Watch in 2022 image
Chillin in Austin, TX. Photo credit Megan Bucknall

I've never been to Austin but have heard great things. It's one of America's startup hubs; in our database we have nearly three hundred companies that are headquartered out of Austin, Texas. For the purposes of this post I've scanned the internet to find all of the reputable Austin based tech companies and startups. In the following list we'll enumerate some of the "top startups" in Austin. These are companies that have their headquarters in Austin, so satellite offices don't count.

If you are interested in working for a corporate monopoly while living in Austin you'll be happy to know that Facebook, Google, Amazon and Microsoft all have offices in Austin.

To narrow down the list of over 300 companies with their headquarters in Austin we looked for companies founded in the past five years, ones backed by top tier VC firms and sorted by the total amount of money these companies have raised. We excluded companies that have gone public or have been acquired. There certainly are other metrics like market opportunity and who has raised funding recently but we didn't examine that for this list. If you're interested in exploring the full dataset of eleven thousand companies please feel free to do so by creating a free Employbl account.

About Austin, TX

Though I've never been to Austin I have friends that have visited and I have the internet to do my research. So as much as I'm sure it'd make every Austinite cringe to hear a Californian describe their city here it goes. We're going to do bullet points:

  • Austin has had a nickname "Silicon Hills" since the mid-1990s because of the prevalence of high tech companies based there.
  • Austin is the fastest-growing major metro area in the US, adding an estimated 184 new residents every day.
  • According to CB Insights data the first quarter of 2022 was the second best quarter of funding ever for Austin startups, tallying up to nearly $2 billion raised from financiers this year.
  • LinkedIn says that more tech workers have moved to Austin than any other U.S. city since the pandemic began.
  • Tesla and Oracle both moved to Austin.
  • Travis, Hays and Williamson counties, which encompass Austin, all swung for Joe Biden in the 2020 Presidential Election.

More analysis of why Austin is an American tech hub.

Top Austin Startups to Watch in 2022

Without further ado here are the top startups in Austin to watch in 2022. To explore the full dataset of eleven thousand tech companies and startups, 294 of which are headquartered in Austin you can login to the Employbl dashboard and start playing for free.

Company Name HQ Location Year Founded Total Amount Raised Description
Homeward Austin 2018 $501,000,000 Homeward is a modern home finance company that helps real estate agents and their clients overcome the limitations of traditional mortgages. The Homeward Cash Offer eliminates the finance, home sale, and appraisal contingencies, enabling homebuyers to win with cash and, when necessary, to buy their new home before they sell their old one. Homeward has an office in Austin, TX, but operates with a fully remote workforce.
Bungalo Austin 2018 $250,000,000 Freshly renovated & certified homes. Refreshingly easy home buying experience.
Wheel Austin 2018 $215,600,000 Changing the way healthcare works.
Atmosphere Austin 2018 $148,742,688 Better TV for Business
Foundry Brands Austin 2021 $100,000,000 Foundry is a brand acquisition platform setting a new standard for e-commerce performance and brand excellence with its data-driven technology platform.
Billd Austin 2018 $90,000,000 Billd is a construction finance company that partners with regional and national suppliers across the U.S. to offer project-based financing to contractors.
GetBackd Austin 2018 $87,000,000 Providing funding solutions so small business can get financing quick to get the working capital they need to be great!
UpEquity Austin 2019 $76,650,000 UpEquity is a tech-enabled mortgage platform creating a better way to buy a home. UpEquity empowers customers to close offers fast by leveraging its proprietary combination of free cash offers, automated underwriting and low mortgage rates. Even first-time homebuyers receive access to the best houses on the market, in turn democratizing the American Dream.
Blockcap Austin 2020 $75,000,000 Blockcap operates as a digital asset miner. Blockcap currently engages in mining operations in North America, Blockcap aims to diversify its operations and acquire blockchain assets in geographically important regions that are technologically important to space.
Royal Austin 2021 $71,000,000 Royal is a platform where you can buy ownership in songs directly from your favorite artists and earn royalties with them.
Profound Commerce Austin 2019 $53,000,000 Profound Commerce is a brand holding company with an employee presence in Austin, TX and Cebu City, Philippines. We implement leading product development, marketing and operational practices to help our portfolio companies profitably grow. Our executive team, investors and advisors represent many decades of experience in e-commerce, digital marketing and logistics.
Removery Austin 2019 $50,000,000 Removery is an innovative tattoo removal company with 40 locations across the U.S. and Canada, is the largest specialized provider of tattoo removal services in North America. Its laser specialists are highly trained in Candela's state-of-the-art PicoWay® lasers.
WayFr Austin 2021 $32,500,000 Helping the world save millions of man-hours spent everyday booking freight.
Steadily Austin 2020 $31,600,000 Steadily is bringing fast, affordable landlord insurance to rental property owners.
Keystone Bank Austin 2018 $31,000,000 Banking Centered Around You.
Katana Graph Austin 2020 $28,500,000 Katana Graph develops technologies to help people and businesses unleash the immense potential of their large-scale irregular and unstructured data. The company's platform combines algorithms, hardware acceleration, and emerging storage technologies to provide a graph database, graph analytics, and graph mining workloads with multiple orders of magnitude performance improvements.
XMTP Austin 2021 $25,000,000 XMTP is an open, crypto-native communication protocol that connects communities, applications, and users. It was founded in 2021 and is based in Austin, Texas.
Quantum Loophole Austin 2020 $24,620,000 Quantum Loophole operates data center campuses in the gigawatt scale. It specializes in meeting the needs of the cloud today and into the future with designs to develop clients' visions focused on power, density, scale, and interconnection.
AI Fleet Austin 2020 $24,500,000 aifleet is a driver-centric trucking company that offers fleet management AI solutions. The company was founded in 2020 and is headquartered in Austin, Texas.
ElectroNeek Austin 2018 $23,655,000 Robotic Process Automation with awards-winning UX and developer features. Disrupting RPA market with free bots.
Sevco Security Austin 2020 $21,749,996 Sevco Security is a provider of cybersecurity services and products for cyber experts. The company designs solutions to solve hard problems associated with discovering the context of network-connected devices related to a user's network, thereby enabling cyber experts to improve cybersecurity situational awareness.
Redbud Brands Austin 2020 $20,492,828 Ideas, People, Capital
AiMi Austin 2019 $20,000,000 A new experience with music.
Creative Juice Austin 2021 $20,000,000 Creative Juice is a full service Marketing, Advertising and Design firm specializing in small to medium businesses.
Expressable Austin 2020 $19,500,000 Expressable is an online speech therapy practice for everyone with a communication disorder. It has pioneered a parent-focused care model that uses technology and education to integrate speech therapy techniques into children's daily lives, improving outcomes and experiences.
Osano Austin 2018 $19,400,000 Osano is the leading data privacy platform, making it easy to become compliant with the laws of 40 countries.
First Dollar Austin 2019 $19,000,000 We health care.
Darwin Homes Austin 2018 $19,000,000 Darwin Homes is the property management platform that elevates the rental experience for property owners and residents. It offers a comprehensive set of services to Owners and Residents. Darwin is committed to bringing transparency and integrity to Property Management - elevating the experience once and for all.
ConverseNow Austin 2018 $18,250,000 Automating and personalizing restaurant orders on high volume voice channels ex phone, drive-thru & self-service kiosks.
Decent Austin 2018 $18,000,000 Affordable health insurance for self-employed people, and then for all.
Kronologic Austin 2019 $17,500,000 Monetize & automate your most valuable resource... TIME.
HealthGrowth Capital Austin 2020 $16,800,000 Leading Strategic Consulting and Direct Lender to Community Pharmacies.
Civitech Austin 2019 $16,499,999 Civitech is a political technology startup devoted to applying technology-based solutions to civic problems.
Locale Austin 2020 $15,625,000 High-quality accommodations for weekly and monthly stays.
Canteen Spirits Austin 2019 $15,500,000 For wherever your adventure takes you.
Palladius Austin 2021 $15,000,000 Palladius is an innovative real estate investment management organization focused on investing capital on behalf of institutional investors.
CognitOps Austin 2018 $14,505,000 The CognitOps Warehouse Operating System empowers leaders to unleash their DC potential
Lendflow Austin 2019 $13,500,000 Lendflow enables software companies to embed lending services into their software.
Rocket Dollar Austin 2018 $13,468,000 "Yup, you can invest your old 401(k)s and IRAs into cool things. Welcome to '21st Century diversification'
BluePallet Austin 2020 $12,733,000 BluePallet is a vertically integrated B2B platform for industrial trade.
Cion Digital Austin 2021 $12,000,000 Cion Digital's proprietary Blockchain Orchestration Platform allows institutions to build innovative finance solutions quickly, and to seamlessly connect their legacy systems with the complex and ever-changing world of decentralized finance. We help clients grow and protect revenue opportunities by expanding and integrating their existing financial systems to succeed in the rapidly evolving digital asset economy.
Podium Education Austin 2018 $12,000,000 Every student deserves access to a great education. At Podium, we partner with universities to deliver online global education programs that expand access, increase enrollment, and produce great outcomes for students.
Onramp Funds Austin 2020 $11,305,134 Onramp Funds' innovative financing platform is purpose-built for eCommerce entrepreneurs. Their financial solutions fund your working capital needs, freeing your existing capital to invest in growth.
Founderpath Austin 2020 $11,000,000 The way SaaS founders get capital without giving up equity. Get $10k-$1m in 72 hours. Everyone gets free analytics.
Horizen Labs Austin 2019 $11,000,000 Horizen Labs is a blockchain technology company that enables businesses to build distributed ledger solutions that are fast, secure, private and scalable.
Heroic Public Benefit Corporation Austin 2020 $10,949,929 Heroic builds a social training platform to help people become the best versions of themselves. Heroic is designed to effectively and measurably change people's lives. They aim to leverage the best of social technology and leave the worst behind.
Esper Austin 2018 $10,716,406 Esper is empowering a new era of public administration with a platform that helps government evaluate and manage public policy. They partner with government to integrate and transform their data into actionable insights for more transparent, data-driven decision making.
Milestones Labs Austin 2019 $10,323,296 Milestones Labs provides real estate services to assist people in purchasing a home, selling a home, and obtaining a mortgage.
Place Technology Austin 2018 $10,020,000 Place Technology is a developer of strategic finance software used to serve SaaS and professional services. Its platform accelerates accounting workflows, produces accurate profit and loss, and unifies accounting data with sales and service data that enable businesses to improve their cash and financial forecasting.
AnthemIQ Austin 2020 $10,000,000 We build technology that helps Commercial Real Estate brokers manage their deals from search to signed lease. More deals, saved time, happier clients.
Albedo Austin 2020 $10,000,000 Albedo designs and operates satellites that capture imagery at a resolution 9x higher than what's available today. We're modernizing how satellite imagery is used by providing transparent, near real-time access to our ultra-high resolution datasets.

Explore all Austin Tech Company Data

To discover startups and tech companies you can use the "Companies" page on the Employbl dashboard. To filter and see all of the companies from the above list you can filter for the Top Austin Startups to Watch 2022 custom Company Collection. Alternatively you can perform your own search to find companies by founded year, investment amount, Venture Capital firm, HQ city or industry.

We've even launched a funding rounds dashboard so you can explore all of the latest funding and investment rounds raised by Austin based companies. To use this select "Austin, TX" as the headquarters city on the "Funding Rounds" dashboard and you'll see the most recent investment rounds raised by Austin based companies. You can filter further by Seed round, Series A, Series B etc all the way up through Post IPO Equity.. whatever that means :)

You can access both of these dashboards by creating a free account on Employbl. To see a CSV file of the top Austin startups check out this gist.