Seattle Startups Raised $1.5B in Q1 2026 with Lowest Deal Count Since 2020, Ranking 7th in VC Capital Invested

Seattle-area startups raised $1.5 billion across 69 deals in Q1 2026, marking the lowest deal count since mid-2020 amid a trend of larger funding rounds concentrated in fewer companies, particularly in AI. The Seattle region ranked seventh nationally by capital invested but tenth by deal count, reflecting a national pattern of venture capital focusing on a small number of high-profile startups.

TThomas Dohmke OOege de Moor SStoke Space PPortal Space Systems