Editor’s note: Allan Maurer is a cofounder of WRAL TechWire and a frequent contributor, focusing on startups as well as life science and emerging technologies. Startup Focus is a regular part of TechWire’s Startup Monday lineup.
RESEARCH TRIANGLE PARK – Startups and emerging entrepreneurial companies looking for “exits” other than IPOs faced a lot of challenges due to COVID. Will a new year be better? Looks that way.
While private equity merger and acquisition activity in 2020 was challenging due to the pandemic, it is recovering and dealmakers are optimistic about 2021, according to the Akin Gump Global Private Equity M&A Survey, 2021.
and upgraded fitness center, and is adding spec suites with bright open plans and modern finishes. Experience a prime location and enjoy being steps from Shirlington Village.
BASH Boxing, a boutique boxing gym founded in Arlington, has announced plans to franchise its model across the country.
“There’s so much uncertainty because people lost jobs, or stepped out of corporate jobs,” co-owner and founder Alexandra Trakas told ARLnow. “This is an amazing opportunity for people who want a fresh start to own their own business.”
Trakas and her investment team, which includes Washington Capitals player Tom Wilson, plan to help open hundreds of locations “in the coming years,” locally and nationally.
and upgraded fitness center, and is adding spec suites with bright open plans and modern finishes. Experience a prime location and enjoy being steps from Shirlington Village.
(Updated 9:30 p.m.) Ballston-based Fluence is ramping up its efforts to tackle climate change with energy storage systems for renewable energy.
The energy storage company was founded three years ago this month as the joint venture of Berlin-based Siemens and Arlington-based Fortune 500 company, AES Corp. It enjoyed torrid growth over the course of 2020: About 100 staff came on, including a new CEO, and it acquired a company in October.
This year is off to a great start, too, with a pledge of $125 million in investment from the Qatar Investment Authority.
and upgraded fitness center, and is adding spec suites with bright open plans and modern finishes. Experience a prime location and enjoy being steps from Shirlington Village.
Rosslyn-based Phone2Action, which helps organizations mobilize citizens via their smartphones, is on a bit of an acquisition spree.
Its newest acquisition is KnowWho, a 15-year-old company based in Newington, Virginia with an expansive congressional directory. Phone2Action CEO Jeb Ory said KnowWho runs the world’s largest, most current directory of public officials and policymakers in the U.S. and Europe.
With the addition, clients will find it easier to identify key decision-makers, make sense of new and changing policies and improve their government affairs, Phone2Action cofounder Ximena Hartsock said in a statement.
and upgraded fitness center, and is adding spec suites with bright open plans and modern finishes. Experience a prime location and enjoy being steps from Shirlington Village.
A global pandemic, nationwide social-justice campaigns and a contentious presidential election: 2020 threw three curveballs at Rosslyn-based startup Phone2Action.
“What a year, right?”
That is Jeb Ory, the founder of Phone2Action, which offers software that promotes civic engagement through mobile phones. Last week he announced that his company is acquiring fellow startup GovPredict, following 10 months of user engagement levels that his staff have never seen before.
“We have had far and away record usage of our software this year,” he said.