Mixtroz, a Birmingham-based event tech startup founded by a mother-daughter duo, is winding down its operations after a decade in business. The company, which developed an app to facilitate networking at meetings and conferences by grouping attendees based on shared interests, gained national recognition for its founders becoming among the first Black women to raise over $1 million in venture capital. While specific layoff numbers and total employee count are not detailed in the announcement, the decision to close the business implies the entire team is affected. The closure marks the end of a journey that began with a $100,000 seed funding win in 2018, highlighting the challenges faced by startups in the competitive event technology industry.
