Loftium
Facts
- HQ
- Seattle, Washington, USA
- Sectors
- Real estate, Proptech, Hospitality
- Stage
- former-startup
- Total raised
- $10.5M SEC Form D filings Total of this company's SEC Form D filings
- Last round
- $10.5M · Feb 2021 SEC Form D
Seattle-Based AI Startup Yoodli Doubles Workforce Amid $120M Fundraising by AI House Incubator
Seattle is attracting AI startups like Yoodli, which develops AI speech-coaching software and recently doubled its staff to about 100 employees. Yoodli originated from the AI2 Incubator (now AI House) on Seattle's waterfront, which has raised around $120 million since 2020 to fund emerging startups.
Seattle Home-Inspection Startup Inspectify Raises $5.3M Led by Munich Re Ventures, Total Funding $23M
Seattle-based home-inspection startup Inspectify raised $5.3 million led by Munich Re Ventures, increasing its total funding to $23 million. The company, founded in 2019, serves 250 enterprise clients and expects to double its revenue and become cash flow positive next year.
Yifan Zhang of AI2 Incubator Highlights Gradual AI Workforce Impact and Startup Growth in Seattle
Yifan Zhang, managing director of AI2 Incubator, discusses the gradual but impactful integration of AI in the workforce and her role in fostering AI startups in Seattle. She shares her entrepreneurial journey from founding GymPact after Harvard to investing in AI-first companies to drive strategic work transformation.
Techstars Seattle Demo Day 2024 Unveils 24 Startups Poised to Rival 2011 Unicorn Trio Including Discoverist and TalkStack AI
The 2024 Techstars Seattle Demo Day showcased 24 startups, with experts optimistic that this cohort could rival the successful 2011 group that included three billion-dollar companies. Notable startups like Discoverist and TalkStack AI are leveraging AI for personalized retail recommendations and conversation analysis, respectively.
Yifan Zhang Joins AI2 Incubator as Managing Director; Dropbox, Marchex, and Seattle Startups Appoint New Tech Leaders
Yifan Zhang, former Loftium co-founder, is joining the AI2 Incubator as managing director starting February 2024, while several Seattle tech companies made key executive hires including Dropbox, Marchex, Simply Augmented, and Chainguard.
GeerGarage Launches Outdoor Gear Rental Marketplace with Lend-to-Own Program, Plans Expansion Beyond Washington
GeerGarage, a Seattle startup founded by Microsoft product manager Adam Wise, is developing a peer-to-peer outdoor equipment rental marketplace with plans to expand beyond Western Washington and introduce a lend-to-own program. The company aims to make outdoor activities more affordable and accessible amid a growing $120 billion outdoor recreation market.
Flyhomes Acquires Seattle’s Loftium to Expand Host-to-Own Real Estate Services
Flyhomes has acquired Seattle-based host-to-own real estate platform Loftium, expanding its home-buying services while retaining Loftium’s team and operations amid a challenging market. Loftium’s unique model enables buyers to use rental income from Airbnb hosting to finance down payments, a program launched a year ago.
Seattle Startup Leaders Rate Economic Impact from -1 to 8 Amidst Shaky Market at Allen Institute AI Event
Seattle tech startups reported varying impacts from economic uncertainty at an Allen Institute AI-hosted event, with some scaling back while others find growth opportunities. Startup leaders rated the economic impact between -1 and 8, reflecting differing industry challenges and company stages.
Inspectify raises $8M Series A led by Nine Four Ventures; total funding $10M to digitize home inspections
Inspectify, a two-year-old Seattle proptech startup that provides a booking marketplace and inspection software, raised $8 million in a Series A led by Nine Four Ventures to digitize home inspection reporting and aggregate inspection data.
Seattle startup Plunk raises $6.5M seed from Unlock Ventures to recommend remodels that boost home value
Seattle startup Plunk raised a $6.5 million seed round led by Unlock Ventures to expand its app that uses image processing, AI and machine learning to recommend remodels that raise home value. The free app has analyzed over 1 million homes in Seattle, identifying about $400 billion in combined potential "Plunk Value," while the company focuses on establishing credible analytics before announcing monetization plans.
Founders’ Co-op raises $50M fifth fund to back 20–25 Pacific Northwest early-stage startups
Seattle venture firm Founders’ Co-op raised a $50 million fifth fund, its largest to date, to invest in 20–25 early-stage startups across the Pacific Northwest. The larger fund reflects growing deal sizes and outside LP interest as the region sees record startup funding and more unicorns.
Seattle startup Plunk raises $2M+ to power AI-driven home valuation and renovation recommendations
Seattle startup Plunk, founded by Brian Lent and David Bluhm, has developed an app that uses image processing, AI and machine learning to evaluate home condition, estimate renovation-driven value increases (a "Plunk Value") and recommend specific projects; the company has 15 employees and has raised over $2 million to date, including an initial $1M reported in 2019.
Arrived Homes launches $100-share crowdfunding platform for rental-property investing, founded by ex-Simply Measured and Sprout Social executives
Arrived Homes, a Seattle startup founded by tech veterans Ryan Frazier, Kenny Cason and Alejandro Chouza with CFO Joel Mezistrano, launched a crowdfunding platform that lets people buy $100 shares in rental properties and earn passive income while the company handles acquisition, renovation and management. The team uses tech and big data to select properties and has posted its first homes for investment after over a year of development and regulatory work.
GeekWire Awards 2020 Goes Virtual; Ally Wins Startup of the Year as Bill Gates and Celebrities Celebrate
GeekWire held a virtual GeekWire Awards livestream honoring top Pacific Northwest tech companies and leaders across 12 categories, with winners accepting via Zoom and special video messages from figures like Bill Gates. Seattle startup Ally won Startup of the Year, and the event included entertainment such as The Drunken Tenorperforming an "Opera di Zoom."
People
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Adam Stelle Founder, Co-founder, Executive Officer, Director
