Texas Ventures
1200 Main St Ste 100, Dallas, Texas, 75202, United States
Overview
Texas Ventures is a private equity and venture capital firm with expertise in structured finance, capital markets and technology. We provide guidance, insight and capital to assist entrepreneurs and managers who have the desire, talent and determination to build world-class companies and opportunities. Our investment approach is to identify emerging trends within business and consumer services, communications, energy, Internet, media and software sectors prior to recognition by the broader marketplace, and to take a proactive approach to work with entrepreneurs and managers who have the desire, talent and determination to build world-class companies. Texas Ventures brings a very hands-on approach to each of its investments and our team typically works more closely with management than most venture firms. As a result, we usually rank as top industry performers for our partners and investors.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Investment portfolio
- Machfu
Participated · Series A · Dec 2019
Machfu provides an Edge Intelligence Platform that connects data at the edge to cloud and enterprise systems for Industrial IoT. Its products enable end-to-end integration between legacy assets and sensors and cloud or legacy head-end systems, with emphasis on state-of-the-art security and standards-based network connectivity. The platform is designed to speed new application development and to be deployed and scaled quickly across existing industrial infrastructure. Company leadership says Machfu has solved key IIoT barriers including security and the diversity of legacy protocols and interfaces. The firm plans to use new capital to accelerate traction in Smart Grid and Oil & Gas markets and to expand its industrial footprint. Machfu recently closed a $3.75 million Series A led by CSL Ventures, and CSL’s Abhinav Jain joined the company’s board. Machfu is an Industrial Internet of Things (IoT) company based in Germantown, Md. Its technology helps organizations integrate sensors, controllers and other devices into their systems. The company focuses on Industrial IoT applications for infrastructure and utilities. Machfu reported its first institutional financing, raising $1.6 million. With the funding, the company plans to expand in Smart Water and Smart Grid markets and to enter the oil and gas sector.
- Digital Retail Apps
Led · Equity · Aug 2015
Digital Retail Apps builds SelfPay, a mobile shopping and self-checkout solution that lets shoppers scan in-store items, build a shopping cart and pay in-app. SelfPay supports multiple payment methods including credit/debit cards, Apple Pay and PayPal. The app integrates with retailers' payments and POS systems, acting as the interface layer between the shopper and retailers' backend processes. Led by CEO and founder Wendy MacKinnon Keith, the company positions SelfPay as a way for shoppers to save time by skipping the checkout line. The startup raised $1m CAD in funding in a round led by Texas Ventures with participation from U.S. angel investors. The company will use the funds to make SelfPay more widely available.
Team
Scott Crist
Founding Partner, Managing Partner
LinkedIn