TechStars grad FlexMinder raises $1.4 million to better manage healthcare accounts

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The health care system in the U.S. remains a confusing landscape, which is creating all sorts of new business opportunities. FlexMinder, which aggregates and automates the reimbursement process for healthcare flexible spending accounts, believes its software can help solve an important piece of the health care puzzle.  And some investors agree. FlexMinder, a 2011 graduate… Read More…

Why this entrepreneur is moving to Vegas, and what it means for the Seattle scene

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Order Mapper founder Jim Bricker tried to raise seed capital in Seattle. But the former Microsoft and Avanade developer didn’t have much luck, so he relocated to Dallas for the Tech Wildcatters accelerator. Now, he’s on the move again. The Vegas Tech Fund, the venture capital fund of Zappos founder Tony Hsieh, just took a… Read More…

Chart: The ‘Series A Crunch’ is alive and well

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A lot has been written in recent weeks about the so-called “Series A Crunch” — the idea that many of the companies raising seed-rounds won’t be able to attract that ever-so-important next round of capital. Now, here’s a chart from Pitchbook which shows what is occurring. As you’ll see above, the number of seed-stage/angel deals… Read More…

TechStars grad MobileDevHQ raises cash to help app developers get more downloads

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Mobile app developers need all of the help they can get when trying to build momentum. After all, hundreds of thousands of apps have been released this year alone, making it especially challenging for developers to rise above the clutter. Now, for the second time this week, we’re writing about a new Seattle area startup… Read More…

Startup orphans: More than 1,000 seed-stage companies to be abandoned

Photo via Images of Money

It is typical for seed-stage startups to fizzle out before they really get going, oftentimes unable to raise the next round of funding or gain traction with customers. But a new study out from CB Insights offers some harrowing insights on the next chapter for these companies. According to the report, an estimated 1,181 seed-stage startups… Read More…

Meet Rudy Gadre: This former Facebook and Amazon exec is lighting up Seattle’s angel scene

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Rudy Gadre admits it. He’s a Seattle “homer.” And that deep hometown pride might be a very good thing for the region’s emerging startup scene. Gadre is fast becoming one of Seattle’s most important angel investors, bankrolling more than a dozen startups in the past two years. The former Facebook general counsel and Amazon.com VP doesn’t… Read More…

Q&A: Former Microsoft exec Brian Arbogast on why he’s betting big on clean tech

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Brian Arbogast cut his teeth in the software business, spending more than two decades at Microsoft. But now the former software exec has something much bigger on his plate: Helping to save the planet. A board member at the Northwest Energy Angels, Arbogast is among the leading clean tech angel investors in the region. Once… Read More…

Seattle online collaboration startup Sandglaz raises cash

Sandglaz CEO Nada Aldahleh

There’s no shortage of competition in the online collaboration space, creating tools to make teams work together more efficiently. The competitive landscape was highlighted earlier this month when Bellevue-based Smartsheet.com reeled in $26 million in fresh funding, and just today Seattle’s Liquid Planner unveiled a new set of project management tools. Now, another Seattle area… Read More…

Smilebox founder Andrew Wright hangs angel investor shingle, bankrolls consumer Internet startups

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Let’s face it: Seattle needs more angels — the folks who can write checks to support the next-generation of entrepreneurial talent in the region. And the best way to get more of these angels is for experienced entrepreneurs — those who’ve already met with some financial success in past endeavors — to commit some of… Read More…

Artifact scores cash to create mobile apps with ‘place identity’

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Artifact Technologies has raised an additional $500,000 in angel financing, money that the Seattle area startup will use to create mobile applications that utilize location information in new ways. Total funding now stands at $2 million. “We see location as more than just data points,” said CEO Sam Teplitsky. “Our goal is to create ‘place identity,’… Read More…