September is here and Labor Day is just around the corner. In the meantime, we’re serving up all the latest business and tech news stories you need to know.
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Top Atlanta Stories
Atlanta-based Porter Logistics Experiencing Significant Growth
Demand for supply chain technology drove $52 billion into the industry last year alone, and Porter Logistics is one of the many Atlanta technology startups in the space positioned to grow thanks to the eCommerce boom fueled by the pandemic. Porter Logistics offers flexible warehouse space and fulfillment networks for small to mid-sized businesses to help them quickly ship customer orders and compete with e-commerce giant Amazon. Now, the startup has $2.5M in venture funding and was accepted into the Metro Atlanta Chamber’s ‘Backed by ATL’ program, which honors and assists high-growth startups. Porter Logistics also integrates their customers into their cloud technology stacks to allow for faster fulfillments and help alleviate the stress that small merchants may have in figuring out the modern supply chain experience. Atlanta is already a hub for logistics and supply chain, because 80% of the U.S. market is reachable within a two-hour plane ride or two-day truck drive from the city, making it a prime location for local companies to disrupt the industry. Learn more about Porter Logistics and how local startups are seeing massive growth as soaring shipping costs push business leaders to innovate.
Pharmacy Delivery Startups Expand to Meet Prescription Delivery Demands
What do Ro, Medly Pharmacy, and NimbleRx all have in common? They are each making it much more convenient and accessible for Georgia residents to get their prescriptions through pharmaceutical delivery services. These startup expansions into Atlanta represent a growing trend in the healthcare industry toward prescription delivery, which was accelerated by the pandemic but will continue long after. In fact, the market for prescription delivery services is expected to grow 18.4% to a $434.3M valuation between 2020 and 2030, according to a report from Future Market Insights. The pharmacy delivery startups are also addressing Georgia’s rank as No. 46 for health system performance due to problems with access and affordability. Get an in-depth look at how each company might be able to help you and your loved ones.
Stay Up to Date With the Atlanta Ventures’ Newsletter: Adventures of Atlanta Ventures
Make sure you sign up to get Adventures of Atlanta Ventures—the newsletter from Atlanta Ventures. Chock-full of great information, events, news you need to know, and even clutch quotes, like this one: “The next time you’re thinking through a startup idea or talking to an entrepreneur, use the ‘Triple T’ framework and assess the team, TAM, and timing.” TAM stands for Total Addressable Market. That quote is from David Cummings. Sign up for the Adventures of Atlanta Ventures newsletter.
Trending: Top National Tech Stories
How is Tech Helping Athletes in the Olympics this Year?
Behind the scenes at the Olympics this year, startups are advancing the ball on the tech that helps athletes train, recover, and make money. Of those included are France-based Stendo, which has developed technology to help athletes recover faster by sending “cardio-synchronized massages” through an IoT-enabled bodysuit. Equally as important is the technology startup Medibio, which uses data technology to help those dealing with depression and anxiety. Lastly, Toronto-based Eon Media helped the U.S. cycling and swimming teams understand the ”exposure ROI” of the in-game sponsorships they will get during the Olympics through its AI-enabled video platform. These are just a few of the many companies supporting the athletes in Tokyo this summer.
3Ci is Now in the Queen City
3Ci will now be servicing the Charlotte market. 3Ci, an MAU Company, is an Atlanta-based leader in technology staffing and consulting, delivering superior professional recruiting results and technology outsourcing services due to its specialized industry experience and market expertise. Since 1978, 3Ci has believed in placing the value of people and relationships above all else, and we plan to bring that same mentality to Charlotte, North Carolina. 3Ci will be represented by Corey West, our Director of Client Services, to support the booming technology market in Charlotte. According to Rob MacLane, 3Ci’s President, “We are extremely excited to expand our services to the greater Charlotte area. While we have been serving Charlotte-based clients for many years, we are committed to growing our footprint in the market by adding and relocating 3Ci staff to Charlotte, engaging in the community, and living out our mission of making lives better.” By expanding its geographic footprint, 3Ci is able to help companies reach their goals through our staffing and consulting services, like Custom Software Development and User Experience solutions. Read more about 3Ci’s exciting expansion into Charlotte.
ParkMobile Announces New CEO, Jeff Perkins
ParkMobile, the #1 parking and mobility technology provider in North America, announced this month that its Board of Directors has appointed Jeff Perkins as the company’s CEO, effective August 14, 2021. Perkins will succeed Jon Ziglar, who has been CEO since 2015, and Ziglar will remain on the company’s Board of Directors and serve as a Senior Advisor to the Board of EasyPark Group, which recently completed the acquisition of ParkMobile. Perkins joined ParkMobile in 2017 as Chief Marketing Officer and helped the company grow from 8 million to over 25 million users over the past four years. Perkins will take over at a time of rapid growth for the business as drivers get back on the road and demand for contactless payment options increases. In fact, the company is currently up 276% year-over-year and is now adding 1 million new users every 30 days. In the first half of 2021 alone, ParkMobile launched service at over 100 new locations in North America. Learn more about Jeff Perkins’ career and ParkMobile’s growth.
Upcoming Tech Events to Attend
Atlanta Startup Battle is Teaming Up with Venture Atlanta
Applications for the 9th Atlanta Startup Battle close on September 5. This event is one of the most unique pitch competitions in Atlanta, and this year they are teaming up with Venture Atlanta to put on the ultimate hybrid experience. The competition is designed to help technology startups gain access to mentors and investments at the ground level. From filling out the application to pitching on stage, real investors are reviewing these companies and ideas. The top five finalists will be selected to pitch live at the Venture Atlanta Conference stage on October 21st in front of VC judges, entrepreneurs, engineers, and tech enthusiasts from all around the world. Applicants have the chance to receive a $100,000 investment. Apply for Atlanta Startup Battle here.
Community Bucket to Host Tech Gives Back
According to Angela King, you can help to reduce food insecurity by supporting an urban farm that provides fresh local produce to communities in need this September. According to the Atlanta Community Food Bank, nearly one in every nine Atlantans faces food insecurity. This is just one of many ways tech gives back. Sign up as a team or as an individual here.
VentureBeat Live Event to Discuss the Impact of Open API Standards in FinTech
According to VentureBeat, there’s a reason London is considered the Silicon Valley of financial services: open API standards. Countries across Europe are seeing significant fintech innovation, with hugely successful businesses built on the back of open banking. VentureBeat is hosting a live event that will answer the following questions: What is happening here in the United States? What can we learn from Europe’s open API standards? What will it take to get open API standards here in the U.S.? What kinds of opportunities and partnerships will open API standards create? Join this upcoming live event to learn from those in the open API trenches.
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