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Seattle Startup Friday Harbor Raises $6M to Help Smaller Mortgage Lenders Compete Using AI

Seattle startup Friday Harbor raised $6 million in seed funding to provide AI-driven software that helps smaller mortgage lenders identify loan file issues earlier and compete with industry giants like Rocket and United Wholesale Mortgage. Its product, launched in October, is used by 16 enterprise customers to reduce loan processing time and cost by detecting risks such as undisclosed debts and employment discrepancies.

Seattle Startup MotherDuck Raises $52.5M Series B at $400M Valuation to Expand DuckDB-Based Analytics Platform

MotherDuck, a Seattle-based analytics startup founded by former Google engineer Jordan Tigani, raised $52.5 million in a Series B round at a $400 million valuation to advance its collaborative serverless analytics platform built on DuckDB. The funding follows prior rounds led by Andreessen Horowitz and Redpoint Ventures and aims to offer a simpler, cost-effective SQL analytics solution for businesses without petabyte-scale data.

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