Docusign
Facts
- HQ
- San Francisco
- Sectors
- Electronic signatures, Software
- Founded
- 2003
- Stage
- Public
Icertis Raises $150 Million Debt Financing to Support Growth and Flexibility in Contract Management Market
Icertis, a Bellevue-based contract management software provider valued at around $5 billion, raised $150 million through debt financing as of October 31, 2022, to ensure business flexibility. The company serves clients worldwide, including Microsoft and SAP, and reported over 50% growth in annual recurring revenue in early 2022.
Former Microsoft Teams VP Bhrighu Sareen Named Highspot President of Product & Engineering As Startup Hits $3.5B Valuation
Bhrighu Sareen, former Microsoft Teams corporate VP, joined Highspot as president of product & engineering, a startup valued at $3.5 billion. Other leadership changes include DocuSign naming Google exec Allan Thygesen as CEO amid layoffs, and Edifecs and Acumatica hiring seasoned executives.
Seattle Startup Lockstep, Backed by American Express, Launches Free Shared Accounting Inbox Amid Rapid Growth
Seattle startup Lockstep, backed by American Express and led by CEO Peter Horadan, is growing rapidly with 20,000 customers and a rising demand for its accounting automation software. The company just launched Lockstep Inbox, a free shared accounting inbox, aiming to become the 'LinkedIn of accounting' by automating manual financial workflows.
SirionLabs Raises $85M Series D Led by Partners Group to Expand Contract Management Software
SirionLabs, a contract lifecycle management startup headquartered in Seattle, secured $85 million in Series D funding led by Partners Group to accelerate growth. The company, founded in India and serving over 250 customers, competes with firms like Icertis and aims to expand its employee base from 600 to 800.
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.
Pack Ventures launches Seattle syndicate to back UW-linked startups, pledges 10% of future profits to University of Washington
Pack Ventures, a new early-stage Seattle VC, will invest $100K–$200K checks in startups tied to the University of Washington and has already backed five companies including Jeeva Wireless, Talus.bio and Monod Bio; the firm will return 10% of individual future profits to UW. The syndicate includes more than 35 founding investors from the Seattle VC and entrepreneur community and will target AI, robotics, computational biology, enterprise software and other high-growth areas.
Highspot raises $248M Series F at $3.5B valuation as remote-selling demand surges
Seattle-based sales enablement startup Highspot raised $248 million in a Series F at a $3.5 billion valuation, driven by increased demand for remote-selling tools as the pandemic shifted sales work online.
Kirby Winfield, ex-founder and exec, raises $15M for Ascend.vc to back Pacific Northwest early-stage startups
Kirby Winfield, a longtime Seattle startup leader who experienced burnout after multiple exits, founded Ascend.vc to invest in early-stage Pacific Northwest tech companies and raised a $15 million first fund after recovering his health and shifting from founder roles to venture investing.
Graham & Walker (formerly Female Founders Alliance) raises $10M fund to back female-led startups
Seattle-based Female Founders Alliance rebranded as Graham & Walker and launched a $10 million venture fund to invest in female-led early-stage tech startups, led by founder and managing director Leslie Feinzaig. The fund raised capital from 105 backers (two-thirds women, 40% first-time fund investors) and has already made 11 investments with average checks of $25,000–$400,000.
Outreach acquires Indianapolis revenue-intelligence startup Canopy to launch Outreach Commit; Canopy’s nine employees join
Seattle sales automation company Outreach acquired Indianapolis revenue-intelligence startup Canopy and will use the team and technology to launch a new forecasting product called Outreach Commit; terms were not disclosed and Canopy’s nine employees will join Outreach.
Clearbrief raises $3.5M seed to scale AI that flags misrepresentations in litigation briefs
Clearbrief, a Seattle startup, raised a $3.5 million seed round led by Reign Ventures to expand its AI-powered tool that uses NLP to flag unsupported or misrepresented statements in litigation documents and surface underlying evidence. CEO Jacqueline Schafer says the software helps lawyers and judges quickly verify claims, improve strategy, and increase access to legal materials as courts move online and adopt new filing rules.
Mason founders Jim and Nancy Xiao swap CEO and President roles as startup, backed by $25M Series A, tops 50 employees; Microsoft CVP Gavriella Schuster departs to focus on DEI
Seattle IoT startup Mason is swapping CEO Jim Xiao and President Nancy Xiao, with Nancy becoming CEO after the company raised $25M in Series A and grew to 50+ employees; longtime Microsoft CVP Gavriella Schuster has left Microsoft to focus on DEI work.
#7 Martin Tobias: Founder of Incisive.vc | Startup Project by Nataraj
In this Episode of Startup project, Nataraj talked to Martin Tobias, Founder of Incisive Ventures. Martin is a serial entrepreneur, investor in 100+ deals as an angel, also the Founder of a leading Angel network, Element8. He is also 3x CEO, and has raised over $500M (including two IPOs). We talked about: First Angel Investment Meta Themes Capital Efficiency in North America vs India Looking at valuations with the lens of notional capital What led to his investment in DocuSign at a time when electronic signatures were not legal. Story behind starting Incisive in the middle of a pandemic Follow…
Outreach raises $200M, valuation climbs to $4.4B as Seattle sales-software firm expands AI products
Sales software startup Outreach raised $200 million in venture capital, pushing its valuation to $4.4 billion as the 10-year-old Seattle company expands AI-driven sales products and serves over 4,600 customers. The company reported $100 million in annual recurring revenue in fall 2020 and has now raised a total of $489 million.
Doorstead raises $12.5M Series A led by Madrona to expand guaranteed-rent property management
Doorstead, a San Francisco property-management startup founded by former Uber employees Ryan Waliany and Jennifer Bronzo, raised a $12.5 million Series A led by Madrona Venture Group to scale its guaranteed-rent service. The two-year-old company manages 300+ Bay Area properties, recently expanded to Los Angeles and Orange County, and charges ~8% management plus placement fees while guaranteeing owners upfront rent.
Icertis raises $80M Series F led by B Capital, valuation jumps to $2.8B; total funding $280M
Seattle-area contract-management software company Icertis raised an $80 million Series F, boosting its valuation to $2.8 billion and bringing total funding to $280 million as it reports revenue north of $100 million and 1,400 employees worldwide.
Kevala raises $4M led by Vulcan Capital to help long-term care facilities fill nursing shifts with staffing and compliance software
Seattle startup Kevala raised $4 million led by Vulcan Capital to provide staffing, compliance and workforce-management software for long-term care facilities, helping them fill nursing shifts via a curated on-call pool and earning revenue from software sales and a cut of supplemental staff wages.
Outreach CMO Margaret Arakawa departs; FlyHomes CMO Ryan Steingard joins Persona; Brian Goldfarb named Amperity CMO
Several Seattle-area marketing executives have changed roles: Margaret Arakawa left Outreach as CMO to pursue a new venture, FlyHomes CMO Ryan Steingard moved to chief growth officer at Persona, and Brian Goldfarb joined Amperity as CMO. Outreach recently raised $50 million in a Series F at a $1.33 billion valuation and serves over 4,000 companies.
NEA leads $37.5M Series B in Seattle cloud startup Pulumi, bringing total funding to $57.5M
Seattle startup Pulumi raised $37.5 million in a Series B led by NEA, bringing its total funding to $57.5 million to expand R&D and sales/marketing. NEA partner Aaron Jacobson will join Pulumi’s board alongside existing investors Madrona Venture Group and Tola Capital.
WestRiver Group CEO Erik Anderson and Riverstone launch Decarbonization Plus Acquisition SPAC, raising $200M to pursue global decarbonization targets
WestRiver Group CEO Erik Anderson and asset manager Riverstone launched Decarbonization Plus Acquisition, a SPAC that raised $200 million to target companies advancing global decarbonization across energy, agriculture, industrials, transportation and commercial/residential sectors.
Panda AI, spun out of AI2, raises $3.3M with AI2 as first investor from its new pre-seed fund
Panda AI, a stealth startup spun out of the Allen Institute for AI (AI2), raised $3.3 million in a round led by PSL Ventures with participation from AI2 and others; it is the first company to receive funding from AI2’s new pre-seed fund.
Ignition Partners investors spin out Fuse Venture Partners led by Kellan Carter, Cameron Borumand and Seahawks star Bobby Wagner
A group of investors from Seattle VC firm Ignition Partners, including managing partner John Connors, have launched a spinoff called Fuse Venture Partners led by general partners Kellan Carter and Cameron Borumand and featuring Seahawks linebacker Bobby Wagner as a venture partner. Ignite will sunset its brand while Fuse focuses on doubling down in Seattle and managing new investments, with Wagner committing to active involvement.
AstrumU raises $7.6M Series A to map college coursework and skills to job outcomes
AstrumU, a three-year-old Seattle-area startup, raised $7.6 million in a Series A led by Kingdom Capital to expand its platform that maps college courses, skills and extracurriculars to labor-market outcomes. The company sells insights to universities and employers to enable skills-based hiring and help institutions understand how educational experiences translate into jobs.
Jirav raises $8.3M led by Information Venture Partners for cloud financial planning software; total funding $13.6M
San Francisco startup Jirav raised $8.3 million for its cloud-based financial planning and analysis software, serving over 1,400 customers with a 30-person team; total funding is $13.6 million.
Accolade exits GeekWire 200 after $220M IPO at $1.2B valuation; PNW health techs climb as VC funding hits $2.3B in H1 2020
GeekWire’s latest GeekWire 200 update shows health tech startups rising in the Pacific Northwest rankings during the pandemic, highlighted by Accolade’s $220M IPO at a $1.2B valuation and a surge in VC activity ($2.3B across 135 deals in H1 2020).
