Commerce
Facts
- HQ
- 1401 Constitution Ave NW
- Sectors
- Government Administration
- Founded
- 1903
- Employees
- 3602
Footprint Raises $25M Series B Led by QED to Expand Agentic AI Financial-Crime Compliance Platform
Footprint raised $25 million in a Series B led by QED to expand its agentic AI financial crime compliance platform and investigative infrastructure, aiming to automate compliance workflows for financial institutions. The company will use the funds to double engineering and sales teams and accelerate R&D.
Envive Raises $15M Series A Led by FUSE to Expand AI Agents for Retailers Including Spanx and Supergoop!
Envive, a Seattle-based startup building AI agents for online retailers, raised $15 million in a Series A round led by FUSE to enhance customer engagement and search visibility. The company, whose clients include Spanx and Supergoop!, expects 5X revenue growth this year as it advances autonomous retail AI technologies.
Washington State Sen. Joe Nguyễn, ex-Microsoft veteran, appointed head of Commerce; Remitly EVP Rene Yoakum retiring
Washington State Senator Joe Nguyễn, a former Microsoft employee and 2024 Public Policy Champion for Innovation, will become director of the Washington Department of Commerce, succeeding Mike Fong. Additionally, Remitly's EVP Rene Yoakum is retiring after over six years, transitioning to a consulting role through 2026.
