Facts
- HQ
- Seattle, Washington, USA
- Sectors
- Venture Capital, Investment
- Founded
- 2022 Seattle business license
- Type
- LLC Seattle business license
- Registered name
- Cercano Management LLC Seattle business license
Harell Data founded by Harlan Robins raises $15M to let data owners securely monetize AI training
Harlan Robins, co-founder and former CSO of Adaptive Biotechnologies, launched Harell Data with $15 million in funding to let proprietary data owners securely host datasets for AI model training and receive direct revenue shares instead of waiting for downstream royalties.
Rad Power Bikes — once a $1.65B e-bike unicorn — files Chapter 11 after CPSC battery-fire recall and January 2026 warehouse blaze
Rad Power Bikes grew rapidly to a $1.65 billion valuation and dominant North American market share but collapsed after leadership exits, executive turnover, layoffs, a CPSC battery-fire recall in November 2025, Chapter 11 bankruptcy in December 2025, and a Huntington Beach warehouse fire in January 2026.
Seattle’s Rad Power Bikes Files for Chapter 11 Bankruptcy with $73M Liabilities Amid Declining Revenue, Pursues Sale to Stay Afloat
Seattle-based Rad Power Bikes filed for Chapter 11 bankruptcy protection amid declining revenue and liabilities over twice its assets, while pursuing a sale to keep the company operating. The filing follows a recent CPSC safety warning over battery issues and ongoing financial challenges threatening the company's future and 64 jobs.
Yoodli Raises $13.7M to Expand AI Roleplay Software Helping Enterprises Enhance Employee Communication Skills
Yoodli, founded by CEO Varun Puri, has raised $13.7 million to grow its AI roleplay software that helps employees improve communication skills through interactive speech analysis and feedback. The startup, spun out of AI2 in 2021, is shifting focus to enterprise clients and has increased revenue fivefold in eight months.
Seattle’s Inflection Raises $7.6M to Advance B2B Marketing Automation Software
Seattle-based startup Inflection raised $7.6 million from existing investors to enhance its marketing automation software for B2B companies, bringing total funding to $14 million since its 2021 founding. CEO Aaron Bird highlighted that the company expects to be cash flow positive and is focused on growing its enterprise customer base.
Picnic Raises $5M Led by Cercano Management with Investor Andy Liu Joining Board to Scale Pizza-Making Robot
Picnic, a food automation startup known for its pizza-making robots, raised $5 million in a new funding round led by Cercano Management, with investor Andy Liu joining the board. The funds will support scaling operations and meeting growing demand for Picnic's pizza-making technology used in high-volume venues.
Groopit raises $3.5M Seed round led by WestRiver Group to scale employee-insight SaaS
Groopit, an enterprise SaaS platform for crowdsourcing employee insights, raised $3.5M in a Seed round led by WestRiver Group to fund product innovation and expand enterprise customers. The platform—used by companies like The Home Depot and Guidant Financial—captures real-time, quantitative frontline data to improve customer experience and operational decisions.
Kevala raises $12.1M to help long-term care providers fill shifts and manage compliance
Seattle-based Kevala raised $12.1 million to expand its software platform that helps long-term care and senior living facilities schedule staff, manage compliance, and access temporary nurses and caregivers across five states. The company has grown from five to 20 corporate employees since January 2021 and serves hundreds of healthcare facilities, offering a pool of more than 1,000 registered and licensed caregivers.
Videon raises $9M from Seattle investors Voyager Capital, Cercano Management and Forston VC after $7.3M July round
Videon, a live-streaming video infrastructure startup led by CEO Tricia Iboshi, raised $9 million in new funding from Seattle investors including Voyager Capital, Cercano Management, and Forston VC, following a separate $7.3 million round in July; the company serves customers in 19 countries from its State College, Pa. base.
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YB Choi Partner
