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City / Charlotte

City / Charlotte

North Carolina's AvidXchange expands footprint with Florida acquisition

North Carolina's AvidXchange expands footprint with Florida acquisition

AvidXchange is expanding its footprint yet again. The Charlotte-based fintech software provider has acquired Core Associates, an accounts payable (AP) firm based out of Jupiter, Florida. The company is the maker of TimberScan, a complementary AP solution estimated to have 30,000 users. With this acquisition, AvidXchange said it

Drones from Charlotte are helping bring schools and football back this fall

Drones from Charlotte are helping bring schools and football back this fall

While biotech companies and healthcare labs rush to find a COVID cure, one North Carolina startup is taking to the skies to help keep students and spectators safe. Lucid Drone Technologies, founded by Davidson College alums Andrew Ashur, David Danielson, and Adrian Mayans, started when the team saw drones as

Charlotte's Carewell raises $5 million as home caregiving grows during pandemic

Charlotte's Carewell raises $5 million as home caregiving grows during pandemic

Tracking the number of caregivers across the United States is a nearly impossible task. The most recent survey suggests that over 34 million people have been live-in caregivers — unpaid — to an elderly parent or family member. And that estimate was well before coronavirus upended how we think about long-

How a new group of investors could shape the future of Southeast startups

How a new group of investors could shape the future of Southeast startups

If you’ve ever thought about dipping your toes into tech investing, now just might be your moment. For the first time in nearly 35 years, The Securities and Exchange Commission (SEC) has modified the definition of an accredited investor. This “modernization,” as the SEC calls it, could inject new

Charlotte-based Cloosiv Merges with Odeko and Raises $12 million Series A to Reimagine Mobile Ordering

Charlotte-based Cloosiv Merges with Odeko and Raises $12 million Series A to Reimagine Mobile Ordering

In a not-so-distant past, meeting someone for a cup of coffee at your neighborhood coffee shop was part of the regular rhythm of life. For many, these shops served as office places and social spots for those looking for their quick caffeine fix and a cozy place to

PureSurgery Provides TeleHealth Care For Patients Seeking Elective Surgeries

PureSurgery Provides TeleHealth Care For Patients Seeking Elective Surgeries

Medical tourism continues to rise in the United States. In 2019 alone, nearly 2 million Americans have traveled abroad to receive a surgical procedure. The market is estimated to be close to $90 billion as out-of-pocket healthcare costs continue to rise domestically. Joel Suckow worked in the elective

Brewery Software Ekos Raises $8M Series A Led by Noro-Moseley

Brewery Software Ekos Raises $8M Series A Led by Noro-Moseley

Ekos, a business management software solution for craft breweries, has raised an $8 million Series A funding round led by Atlanta-based venture capital firm Noro-Moseley Partners. The Charlotte-based startup had been bootstrapped until now. "We have always believed that a small- to medium-sized business shouldn’

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