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These 10 Austin Tech Companies Raised a Combined $2B+ in 2021

04 Jan 2022
Category: Press
Author: Evan Pundyk

Silicon Hills saw many tech companies establish themselves in 2021. Despite the pandemic, it was a big year full of innovation and significant gains.

In fact, last year’s top-funded Austin tech companies brought in approximately $2.6 billion — up nearly 240 percent compared to rankings in 2020.

These 10 local companies saw the most gains in 2021. Read on to see who led the way.

Arrive Logistics

#3 (tied). $300 million, April 28

Arrive Logistics is one of the fastest-growing freight brokerages working with a network of carriers and shipping companies to offer custom shipping options. Its $300 million funding round allowed Arrive to expand its team and create new service offerings. The company has plans to hire 1,000 people each year over the next few years.

Photo credit: Shutterstock/Built in Austin. Read the complete article here.

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