News

  • Insurtech startup with St. Pete connections raises $35 million
    by Margie Manning

    Kin Insurance, an insurance technology company with a growing presence in St. Petersburg, has raised $35 million in a Series B funding round. Kin plans to use the new funding for a national rollout of its Kin Interinsurance Network for homeowners policies. The Kin Interinsurance Network, piloted in Florida, is a reciprocal exchange, or a The post Insurtech startup with St. Pete connections raises $35 million appeared first on St Pete Catalyst.

  • Familiar names, new faces make the 2020 Inc. 5000
    by Margie Manning

    KnowBe4 in Clearwater has now made the Inc. 5000 list for five years in a row. For A-LIGN in Tampa, it’s the fourth consecutive year. The two companies are among 92 businesses in the Tampa-St. Petersburg-Clearwater metro area on the 2020 Inc. 5000, a list of the fastest-growing private companies in the United States. Companies The post Familiar names, new faces make the 2020 Inc. 5000 appeared first on St Pete Catalyst.

  • Tampa medical device firm achieves major milestone
    by Margie Manning

    Wearable technology designed to treat depression has won a “breakthrough device” designation from the U.S. Food and Drug Administration. The Relivion system, developed by Neurolief, is a non-invasive multi-channel brain neuromodulation technology. It is designed as an additional treatment to pharmaceutical management of major depressive disorder in adults who have not achieved satisfactory improvement from The post Tampa medical device firm achieves major milestone appeared first on St Pete Catalyst.

  • USF technology gets a trial run with NASA
    by Margie Manning

    A University of South Florida professor has collaborated with NASA on a system that converts human waste to fertilizer and water and would allow astronauts to grow fresh vegetables in space. It could help establish a permanent presence on the moon, a news release said. The Organic Processor Assembly, developed by Daniel Yeh, a civil The post USF technology gets a trial run with NASA appeared first on St Pete Catalyst.

  • Tampa-St. Pete’s next tech unicorn could be insurtech TypTap
    by Margie Manning

    TypTap, a Tampa-based technology-enabled homeowners and flood insurance underwriter, could have a valuation topping $1 billion by the end of 2020. That would make TypTap, a subsidiary of HCI Group Inc. (NYSE: HCI) , the latest tech unicorn in the Tampa-St. Petersburg area. TypTap, which just announced a national expansion, is HCI’s engine for growth, The post Tampa-St. Pete’s next tech unicorn could be insurtech TypTap appeared first on St Pete Catalyst.

  • Follow the money: Why virtual doctor visits at BayCare, Tampa General have caught on during the pandemic
    by Margie Manning

    Health care technology professionals have been working for years to get patients and physicians to embrace virtual visits over the internet. The Covid-19 pandemic was a pivot point to bring telehealth to the forefront, according to panelists at Disrupt the Bay, a conference focused on healthcare technology. Telehealth has been around for years, and advances The post Follow the money: Why virtual doctor visits at BayCare, Tampa General have caught on during the pandemic appeared first on St Pete Catalyst.

  • Local lawyer plays key role in effort to boost capital for minority startups
    by Margie Manning

    A committee that advises federal security regulators says it needs to be easier for women and minority-owned small businesses to get funding for their young companies. The SEC Small Business Capital Formation Advisory Committee approved a recommendation Tuesday that calls on the U.S. Securities and Exchange Commission to take a lead role in increasing diversity The post Local lawyer plays key role in effort to boost capital for minority startups appeared first on St Pete Catalyst.

  • XiByte uses AI-powered advisor to turn entrepreneurship into a game
    by Margie Manning

    XiByte, a Tampa-based startup, is gearing up to release Maya 2.0, an updated version of its artificial intelligence-powered advisor and a virtual assistant for entrepreneurs. The new release has a gamification feature that motivates entrepreneurs and startups to push forward, said Sat Ramphal, cofounder and CEO of XiByte. That’s in addition to Maya’s core function, The post XiByte uses AI-powered advisor to turn entrepreneurship into a game appeared first on St Pete Catalyst.

  • PowerChord’s new CEO turns software firm’s focus outward
    by Margie Manning

    The new CEO of PowerChord is expanding the software company’s focus. PowerChord will work with local schools to make sure they are training students in the software language the company uses, said William “Bill” Volmuth, who was promoted to CEO in July. The sales team will get in front of its customers more, while Volmuth The post PowerChord’s new CEO turns software firm’s focus outward appeared first on St Pete Catalyst.

  • Clearwater, Tampa cybersecurity firms draw national spotlight
    by Margie Manning

    Leaders at KnowBe4, ReliaQuest and Abacode are getting national notice for their work to protect the online security of businesses and consumers. Stu Sjouwerman, founder and CEO of KnowBe4, testified before a U.S. Senate committee looking at cyber scams related to Covid-19. “Covid-19 has quickly reshaped the cyber threat landscape. For example, over 192,000 coronavirus-related The post Clearwater, Tampa cybersecurity firms draw national spotlight appeared first on St Pete Catalyst.