Algorithmia
Facts
- Sectors
- Machine learning, MLOps, Enterprise software
- Stage
- Acquired
- Total raised
- $34.8M SEC Form D filings Total of this company's SEC Form D filings
- Last round
- $23.7M · Apr 2019 SEC Form D
Seattle Tech Week Kickoff Spotlights Founders Building an AI WhatsApp Agent for Seattle Orcas Logistics and Other Startup Tools
At the Seattle Tech Week kickoff, founders and leaders described diverse projects including an AI agent that manages a professional cricket team's logistics via WhatsApp, and other startups building B2B tools and voice AI for bar inventory. The event drew over 29,000 registrations and included panels showcasing regional entrepreneurs and investors.
Former Microsoft CVP Jigar Thakkar Named VP of Amazon Quick Suite as Chartis and Supio Announce New Leadership
Jigar Thakkar, former Microsoft corporate vice president, has joined Amazon Quick Suite as vice president, focusing on agentic AI platform development. Additionally, Sara Vaezy returned to Chartis as chief product and technology officer, and legal-tech startup Supio named new executives following a $60 million funding round.
Madrona and Goldman Sachs Publish Inaugural IA40 of Top 40 Private AI Business-App Startups; Four Seattle Firms Included
Madrona Venture Group and Goldman Sachs released the inaugural Intelligent Applications Top 40 (IA40) list of private companies building business AI applications, based on votes from 40 venture firms plus Amazon and Microsoft and narrowed by 50 judges from over 220 nominees. Four Seattle-area companies — Amperity, OctoML, SeekOut, and one unnamed here — made the list; Amperity recently raised $100 million to reach unicorn status and OctoML raised $85 million.
Microsoft acquires Seattle AI spend-analysis startup Suplari, to integrate with Dynamics 365
Microsoft has acquired Seattle startup Suplari, which uses AI to analyze procurement and spending data and manages over $180 billion in spend; Suplari’s Spend Intelligence Cloud will remain available to existing customers and will be paired with Microsoft Dynamics 365. Terms were not disclosed; Suplari — a 40-person company founded in 2016 that raised $18 million — provides AI-driven cost-savings and risk insights across enterprise systems.
DataRobot buys Seattle ML startup Algorithmia and raises $300M Series G at $6.3B valuation
Boston-based DataRobot acquired Seattle startup Algorithmia and announced a $300 million Series G at a $6.3 billion valuation; Algorithmia CEO Diego Oppenheimer will remain at DataRobot after the deal. Algorithmia, founded in 2013, had raised $37.9 million, served over 130,000 users, and employed 58 people.
SBA Reveals Seattle Tech Startups Received Millions in PPP Loans Including ExtraHop’s $10M and Rover’s $8.1M
The Small Business Administration released detailed data on Paycheck Protection Program loans, revealing Seattle-area tech startups like ExtraHop and Rover received between $5.4 million and $10 million to support payroll during the COVID-19 crisis. The PPP distributed $525 billion across over 5 million loans before ending in August amid issues with loan forgiveness and fraud.
Algorithmia CEO Diego Oppenheimer urges resilience amid COVID slump; startup has raised $37.9M including $25M Series B
Algorithmia CEO Diego Oppenheimer encourages professionals stuck in a COVID-19 rut to balance survival with seizing opportunities, citing family background and a focus on employee growth; Algorithmia is a 58-person startup that has raised $37.9 million, including a $25 million Series B last year.
Anu Sharma leaves AWS to join Madrona Venture Group as investor after eight years at Amazon
Anu Sharma left an eight-year product management role at Amazon/AWS to join Madrona Venture Group’s investment team, turning a long-standing personal interest in investing into a full-time career where she plans to apply engineering rigor to evaluating and growing startups.
GeekWire Awards 2020 Goes Virtual; Ally Wins Startup of the Year as Bill Gates and Celebrities Celebrate
GeekWire held a virtual GeekWire Awards livestream honoring top Pacific Northwest tech companies and leaders across 12 categories, with winners accepting via Zoom and special video messages from figures like Bill Gates. Seattle startup Ally won Startup of the Year, and the event included entertainment such as The Drunken Tenorperforming an "Opera di Zoom."
SBA data: Seattle startups Rover, ExtraHop, Porch, Promethean and Logic20/20 each received $5–$10M in PPP loans
The SBA released Paycheck Protection Program data showing several Seattle-area tech startups received $5–$10 million PPP loans to help during COVID-19; recipients include Rover, ExtraHop, Porch, Promethean and Logic20/20. The program has seen controversy over eligibility and forgiveness guidance, and some venture-backed startups declined loans on ethical grounds.
