Ryan Wuerch doesn’t believe in half measures.
The Dosh Inc. founder and CEO announced Monday five new members of the executive team at the Bee Cave-based retail technology company. They come from high-level positions at companies including PayPal, Alphabet and Nike, injecting some high-powered experience in consumer-facing businesses into the Austin-area tech scene. They also showcase the rising national appeal of Dosh, which has raised one of Central Texas’ largest rounds of venture capital so far this year.
Dosh executives realized shortly after raising a $44 million series A round that closed in April “we required the very best people and leaders in the world to enable the company to scale at the rate it’s growing,” Wuerch said.
Investors included California-based venture capital firm Goodwater Capital LLC and California-headquartered PayPal Inc.
The company has developed an app that deposits cash back into customers’ accounts immediately after they make a purchase at merchants on Dosh’s platform. Brett Hurt, current CEO of Data.world and past CEO and founder of Bazaarvoice Inc., said last year that Dosh “could be the biggest [business-to-consumer] success in recent Austin history.”
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