Last month it was IPOs, and this month it’s acquisitions.
It’s been a busy couple of months for members of the GeekWire 200 list of the top privately-held startups in the Pacific Northwest. After a long drought, two of our top companies, Impinj and Apptio went public over the summer. And now a few other GeekWire 200 stalwarts, Etailz, Zonar Systems and PitchBook were acquired this month.
Impinj, Apptio, Zonar and Etailz have all graduated from our list, though PitchBook remains as its deal hasn’t closed. Many fast-growing startups, mostly from the bottom half of the list are angling to replace them as 15 companies total had double digit movement this month. Many of the larger established startups have remained steady as only four top 25 companies showed any change this month.
There was a little movement in the top five as Puppet leapfrogged Act-On Software to come in at number five this month. DocuSign remains at number one this month, and the rest of the top five is made up of Redfin, Avalara, Blue Origin and Puppet.
Click for the full August update to the GeekWire 200 and continue reading for highlights.
Seattle-based sales technology startup Outreach rose 11 spots, to number 94 on our list after raising $17.5 million in a Series B round led by Trinity Ventures, with involvement from Microsoft Ventures and previous investors.
The company is using the funds from the Series B round to expand its engineering team — further developing its automation and workflow technology for sales professionals — and expand its marketing team to reach new customers.
Outreach employed 80 people at the time of the funding round in June, and it expects to double its headcount in the next year.
Smart-garment maker Sensoria, which rose 10 spots to number 155, recently completed a $35,000 Kickstarter campaign to fund a new line of sports apparel and updated version of its fitness app. The new training app will communicate with heart rate monitoring technology in the clothing and send an alert for help should an athlete begin to experience certain cardiac irregularities that could precede a “catastrophic event.”
Sensoria reasons that distance runners and cyclists often train alone for long periods of time in remote areas. A cardiologist-designed, patent-pending algorithm called Heart Sentinel will constantly monitor the user’s probability of cardiac irregularities during exercise.
According to the Kickstarter page, backers will start getting their orders in November. Sensoria previously partnered with Microsoft a new soccer data dashboard powered by sensors in players’ shoes. The company also makes socks with sensors built into the garments.
Here are some of the other big movers this month:
- Bonanza, up 13 spots to number 91
- Vicis, up 11 spots to number 117
- Convoy, up 12 spots to number 119
- Apptentive, up 10 spots to number 134
- Ossia, up 15 spots to number 138
- Cloud Moyo, up 11 spots to number 143
- Level 11, up 12 spots to number 149
- Usermind, up 13 spots to number 159
- Intrepid Learning, up 10 spots to number 160
- Thinkific, up 21 spots to number 164
- Rival IQ, up 10 spots to 169
- AnswerDash, up 11 spots to 184
The GeekWire 200 — presented by our partners at EY — is derived from our broader list of more than 900 Pacific Northwest tech startups. The list is designed to provide a better understanding of the startup landscape in the Northwest. The ranking is generated from publicly available data, including social media followings, approximate employee counts and inbound web links.
To make sure your startup is eligible for inclusion in the GeekWire 200, first make sure it’s included in the broader Startup List. If so, there’s no need to submit it separately for the GeekWire 200. If your Pacific Northwest startup isn’t among the companies on that larger list, you can submit it for inclusion here, and our algorithm will crunch the numbers to see if your company makes next month’s GeekWire 200. (Please, no service providers, marketing agencies, etc.)
Thanks to everyone for checking out this month’s ranking. And, just a reminder, if you value resources like these, be sure to check out our list and map of out-of-town tech companies with Seattle engineering outposts as well as our list of startup incubators, co-working spaces and accelerators in the region, and our GeekWork job board.