Downstream
Facts
- HQ
- Seattle, USA
- Sectors
- Advertising, Analytics, Technology
- Stage
- Acquired
Downstream raises $8 million Series A to build online equipment rental marketplace for contractors
Downstream is an online equipment rental marketplace for contractors that recently raised $8 million in Series A funding to simplify and speed rental of items from toilets to skid steers.
Seattle Startup Alkemi Launches AI Platform DataLab for Secure, Non-Technical Company Data Query, Raises $1.65M Pre-Seed
Seattle startup Alkemi, founded by brothers Connor and Maxwell Folley, launched the AI platform DataLab to enable non-technical employees to query company data in plain English without compromising privacy. The company recently raised $1.65 million in pre-seed funding led by Tuesday Capital.
Seattle-Based Workflow Labs Raises $1.3M Seed Round to Automate Amazon Seller Backend Tasks
Seattle startup Workflow Labs, led by former Amazon product manager Justin Leigh, raised $1.3 million to automate Amazon sellers' backend tasks. The platform, launched in October with about 50 customers, has grown revenue 300% year-over-year and plans to expand to additional e-commerce platforms.
Unlock Venture Partners raises $60M second fund to back Seattle and L.A. startups, bringing total raised to $85M
Unlock Venture Partners, a seed-stage firm focused on Seattle and Los Angeles startups, raised a $60 million second fund and has now raised more than $85 million total to back early-stage companies including gaming, Web3 and metaverse plays.
Unlock Venture Partners Raises $60 Million for Second Fund Focused on LA and Seattle Startups
Unlock Venture Partners, founded by Sanjay Reddy, Andy Liu, and Raazi Imam, has raised $60 million for its second fund targeting early-stage startups in Los Angeles and Seattle, bringing its total capital to $85 million. The fund focuses on pre-seed and seed-stage investments to support entrepreneurial talent in these cities, which lack sufficient early-stage venture capital despite their strong startup communities.
Stackline raises $130M Series B from TA Associates after $50M raise last November; serves 2,000+ brands
Seattle-based e-commerce software company Stackline raised $130 million from TA Associates in a Series B, less than a year after a $50 million round; the firm serves over 2,000 brands, has been profitable since 2014, and grew headcount 75% this year.
Jungle Scout raises $110M and acquires Seattle Amazon-ad startup Downstream, adding its 11-person team
Jungle Scout, an Austin-based company serving Amazon sellers, raised $110 million and announced the acquisition of Seattle startup Downstream, which provides Amazon advertising recommendations and will join Jungle Scout with its 11-person team; terms were not disclosed. Downstream, founded in late 2017, has 5,000 customers, >200% year-over-year revenue growth, and has raised $5 million from multiple investors.
Seattle's Stackline Raises $50M from Goldman Sachs to Expand E-Commerce Intelligence Platform Amid Pandemic Boom
Stackline, a Seattle-based e-commerce intelligence platform serving clients like Sony and Starbucks, raised $50 million from Goldman Sachs Growth Equity in its first outside funding round to expand amid rapid online retail growth during the pandemic.
