Redfin’s IPO raises the question, who’s next? Several top companies in the GeekWire 200 have been mentioned as possible IPO candidates recently. This past December, CB Insights looked at the top 369 U.S. tech companies that could be poised for an IPO in the coming year. Seven companies from Washington made the list: Redfin, Avalara (No. 2 on the GeekWire 200), PayScale (No. 6), Avvo (No. 8), Inrix (No. 14), Rover (No. 18) and OfferUp (No. 23).
Click for the full July update to the GeekWire 200 and continue reading for highlights and an explanation of the GeekWire 200 methodology.
Convoy keeps on truckin’. The Seattle trucking startup that provides on-demand technology-fueled network matching trucking companies with shippers looking to move freight just landed a $62 million funding round. Its list of backers are a tech all-star team: Bill Gates, Jeff Bezos and Marc Benioff among others.
Convoy has been quickly moving up the GeekWire 200 — this month rising 12 spots to number 56 — and the latest funding round indicates that the trend will likely accelerate, as will its hiring. The winner of Startup of the Year at the 2017 GeekWire Awards, Convoy’s bustling downtown Seattle office houses 120 employees. Its workforce has doubled in eight months and could reach 200 by the end of this year.
Skilljar is a Seattle-based startup that helps companies teach customers how to use their software, and it was one of the biggest climbers this month, shooting up 12 spots to number 161. Skilljar has beefed up its executive team in recent months with a couple of key hires: Pam Dodrill as VP of customer success and Bill Lawler as vice president of sales.
Skilljar’s cloud-based learning management system is used by companies like Uber, BECU and Tune to help their customers, clients and partners learn how to use their enterprise services. The startup has more than 50 employees, and, according to its website, another 25 pets that populate its Seattle headquarters.
PicoBrew, the Seattle-based makers of high-tech home-brew machines, broke a KickStarter record in May when it raised more than $1.8 million for its newest model. That figure is now up to $1.93 million from 4,301 backers. PicoBrew’s popularity helped it break into the top 100 of our list this month, moving up nine spots to number 95.
Early backers who pledged more than $279 will be the first to get their hands on the new model, at a significant savings compared to the $800 cost of the previous Model S, and the $549 estimated retail price of the the new device, with delivery estimated to begin in August. The device is available for pre-order for those who missed early Kickstarter offers at a price of $399, with an estimated delivery in November.
Here are some of the other big movers this month:
- Bizible, up 18 spots to number 73
- Valant, up 8 spots to number 93
- Cozy, up 10 spots to number 106
- Pike13, up 40 spots to number 108
- Hubb, up 11 spots to number 132
- Killer Infographics, up 11 spots to number 138
- Textio, up 18 spots to number 142
- Auction Edge, up 17 spots to number 162
Five startups made their debut on the GeekWire 200 or returned to the list in July. They are: Globys, Unikrn, MediaAlpha, AxonVR, Imprev, 98point6 and Flexe. The movement of Pike13 and Globys this month was due to data adjustments and fixes on our end.
The GeekWire 200 — sponsored 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 rankings are generated from publicly available data, including social media followings, approximate employee counts (via LinkedIn) 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.