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Venture capital

Led by Simple co-founder, Portland startup Sila raises $7.7M to grow fintech infrastructure platform

Fintech startup Sila just raised $7.7 million to help developers add banking and payment capabilities to their products. Madrona Venture… Read More

Ray Ozzie’s latest project: Former Microsoft exec raises $11M for IoT startup Blues Wireless

Collaboration software pioneer and former Microsoft executive Ray Ozzie has raised $11 million for his latest startup, Blues Wireless, an… Read More

Seattle machine learning startup OctoML raises $15M from Amplify and Madrona

OctoML is charging ahead with its machine learning deployment software and on Friday announced a $15 million investment round to… Read More

Life insurance startup Jenny Life raises $3.5M, sees huge engagement spike due to COVID-19

Many tech startups are seeing a decline in business activity due to the COVID-19 outbreak. That’s not the case for… Read More

OfferUp raises $120M, will acquire rival Letgo; OLX Group to own 40% of combined entity

It’s a big day for OfferUp. The Bellevue, Wash.-based mobile marketplace startup today announced a $120 million funding round and… Read More

Ride Report raises $10M to help cities manage data from shared scooters and bikes

Ride Report announced a $10 million investment round to fuel growth of its data platform that helps city governments manage… Read More

Seattle biotech startup Silverback Therapeutics raises $78.5M

Seattle biotech startup Silverback Therapeutics raised a $78.5 million investment round to support development of its therapies for cancer, fibrosis,… Read More

Startup advice for coronavirus turmoil: curb expenses; assess hiring; don’t panic; be human

Amid the coronavirus outbreak, investors are telling startup founders to look closely at sales forecasts, hiring plans, expenses and every… Read More

GeekWire Awards: Vote for the top funding deal amid a record 2019 for Pacific NW startups

Editor’s note: The GeekWire Awards are now virtual on July 23. Watch live below. Pacific Northwest entrepreneurs have long complained… Read More

DevOps for IoT device fleets: Ex-Microsoft, Amazon leaders raise $7.6M for Seattle-area startup Esper

Seattle-area startup Esper today announced a $7.6 million Series A investment round led by Madrona Venture Group. Founded in 2018,… Read More

Cardiac Insight raises $8M as sales of its wearable heartbeat sensor spike 100%

Cardiac Insight, a Bellevue, Wash. startup that makes lightweight disposable electrocardiogram (ECG) sensors and software to monitor patients’ heartbeats, has… Read More

Cloud data platform giant Snowflake raises $479M at $12.4B valuation, partners with Salesforce

Data warehousing startup Snowflake Computing announced a $479 million funding round that gives the cloud company a whopping $12.4 billion… Read More

Ex-Amazon, FedEx leaders raise $3M from Madrona and 8VC for Seattle trucking startup Freightweb

Another Seattle startup is blending technology with logistics to change the way goods move around the country within a $800… Read More

Gender balance: Why this investment firm is using a male-female co-led fund strategy

Seattle-based investment company WestRiver Group (WRG) is rolling out a unique fund strategy that it hopes will change the paradigm… Read More

Seattle-based early-stage investment firm SeaChange raises $5.8M for its fifth fund

SeaChange just raised $5.8 million for its fifth fund as it looks to put more dollars behind Pacific Northwest startups.… Read More

GeekWire Calendar Picks: Economic hope in the 21st Century; fossils after dark; and more

— The newly re-opened Burke Museum is putting together a full slate of activities for people of all ages to… Read More

AI2 offices

AI2 Incubator hatches a $10M fund for AI startups with support from big-name VCs

Seattle’s Allen Institute for Artificial Intelligence is kicking things up more than a notch for AI startups with a $10… Read More

Frazier Healthcare Partners raises $617M life sciences fund

Frazier Healthcare Partners today announced the closure of a $617 million fund, also known as Frazier Life Sciences X. The… Read More

Madrona Venture Labs spinout Uplevel raises $7.5M to measure engineering teams’ productivity

A new startup has emerged from stealth mode armed with $7.5 million in seed funding to disrupt what it calls… Read More

Corporate VC arms of Saudi Aramco and Chevron invest in $24M round for Seattle startup Seeq

Seeq, a Seattle-based maker of analytics software for manufacturers, just raised $24 million in fresh cash. The deal is an… Read More

Home improvement marketplace Porch raises $21M as it pushes toward profitability

Porch is raising a pile of cash as the Seattle-based home improvement marketplace aims to reach profitability. Porch raised $20.6… Read More

Investor predictions for 2020: Venture capitalists on what to watch for and how startups should prepare

2019 was an extraordinary year for the Seattle tech ecosystem and broader global innovation economy. But with the growth of… Read More

Seattle startup Trainiac raises $2.2M to match people with personal trainers

Like many workers in the busy tech industry, Akshay Ahooja had a hard time establishing a consistent workout routine. He… Read More

Seattle game studio led by ArenaNet co-founder and ex-Undead Labs engineer raises $5.7M

Seattle’s already robust gaming scene is getting even stronger. One More Games, a studio started earlier this year by a… Read More

Ex-Amazon engineers raise $2.4M for AI startup that scans customer feedback

Seattle startup Spiral just raised $2.4 million to make sure companies can take advantage of the constant stream of customer… Read More

Microsoft’s M12 backs AI-powered contract management startup Evisort in $15M round

Microsoft is getting behind Evisort, a startup that makes artificial intelligence software to automate processing and tracking of corporate contracts.… Read More

Petabyte Technology raises $8M to build Rhapsody enterprise software for veterinarians

Petabyte Technology, a Seattle-area startup building a cloud-based platform to modernize how veterinary clinics manage their practices, has raised $8… Read More

Augmented reality startup Taqtile raises $3M, announces Magic Leap partnership

New funding: Seattle augmented reality startup Taqtile raised $3 million in a round led by Broadmark Capital and its affiliated entities,… Read More

Volt raising more cash to expand workout app to office and law enforcement customers

Volt is raising more funds to bring its fitness training app to different types of groups, including offices and “tactical readiness”… Read More

Ex-Amazon and Zulily supply chain vets raise $2M for Seattle e-commerce logistics startup Shipium

New funding: Shipium landed a $2 million seed round led by PSL Ventures, the venture arm of Seattle startup studio Pioneer… Read More

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