Facts
- HQ
- United States
- Sectors
- Venture capital, Investment
Hello Haven Raises $15M Pre-Seed from Mayfield for Personal AI ‘Haven’; Ravel Nets $8.2M Seed to Scale Purification Textile Recycling
InfotechLead reports VC funding deals: Hello Haven raised $15 million pre-seed led by Mayfield to build a personal AI digital twin and operating system, while Ravel secured an $8.2 million seed round led by One Small Planet to scale its blended-textile purification recycling technology; additional mentions include Notes.fm and investors like AP Ventures, Overlay Capital and Lichen Ventures.
Anoop Gupta Steps Down as SeekOut CEO, Sean Thompson Named Successor to Drive AI Recruiting Growth
Anoop Gupta is stepping down as CEO of SeekOut on May 4 to become executive chairman, passing leadership to Sean Thompson, who will focus on scaling SeekOut's AI recruiting service and pursuing acquisitions for growth. Thompson, an enterprise tech veteran, previously led NAVEX and has experience with SAP, Microsoft, and AI startups.
Seattle Legal Tech Startup Supio Raises $60M Series B to Expand AI Software for Personal Injury and Mass Tort Law
Seattle startup Supio raised $60 million in a Series B funding round to expand its AI-powered software that helps lawyers efficiently manage personal injury and mass tort case data. The company, led by co-founders Jerry Zhou and Kyle Lam, has seen its annual recurring revenue quadruple since August and has raised a total of $91 million to date.
Former Outreach CEO Manny Medina Launches London-Based Startup Paid with $10M to Monetize AI Agents
Manny Medina, co-founder and former CEO of Outreach, has launched Paid, a London-based startup focused on monetizing AI agents, backed by over $10 million in funding. Medina stepped down as Outreach CEO in September and now serves as executive chairman while Paid aims to simplify billing and monetization for AI builders.
Seattle Startup Official AI Raises $2 Million to Advance AI-Powered Content Creation Platform
Official AI, a Seattle startup enabling brands and talent to create AI-generated image and audio content, raised $2 million in seed funding led by Pioneer Square Ventures. The funding will help scale its engineering team and enhance its patented vault technology for secure collaboration and rights management.
Fortive Leads $2M Pre-Seed Round for Seattle Startup Glue, Founded by Ex-Tektronix VP David Sulpy, to Automate Hardware Testing
Glue, a Seattle startup led by former Tektronix exec David Sulpy, raised $2 million in a pre-seed round led by Fortive to advance its AI-driven hardware test automation software. The company originated from a collaboration between Fortive and Pioneer Square Labs to accelerate product testing and market readiness.
Seattle Spinout Certivo, Led by Kunal Chopra, Uses AI to Cut Compliance Management Costs by 90%
Certivo, a new Seattle-based spinout led by tech veteran Kunal Chopra and backed by Pioneer Square Labs and Fortive, uses AI to automate and streamline compliance management for manufacturers. Its platform offers cost-effective, multi-agent AI-driven solutions that integrate with major systems and provide real-time regulatory monitoring and predictive analysis.
Seattle’s Revefi Raises $20M Series A Led by Icon Ventures to Launch AI Data Engineer Product Raden
Seattle startup Revefi raised $20 million in a Series A funding round led by Icon Ventures to develop its new AI-powered product, Raden, which optimizes data warehouse usage. The company has seen 800% revenue growth and plans to expand its AI data engineering platform.
Vivek Ladsariya Joins Pioneer Square Labs as Managing Director, Moves from Bay Area to Seattle
Vivek Ladsariya, a veteran Bay Area investor with experience in enterprise technology startups, has moved to Seattle to become managing director at Pioneer Square Labs, playing a key role in their Ventures arm and Studio. He aims to focus on technically driven enterprise software infrastructure startups, especially those delivering real automation, enhancing Seattle's venture capital ecosystem.
AI2 Incubator Secures $200M AI Compute Resources to Support Startups with Up to $1M Free Access
The AI2 Incubator in Seattle secured $200 million in AI compute resources from cloud providers to offer up to $1 million in free computing power to its portfolio startups, helping them scale AI models without high costs. This initiative aims to support AI founders lacking privileged compute access and strengthen AI2's position among incubators and investors.
Seattle Recruiting Startup SeekOut Cuts 7% Staff Amid Restructuring, Plans Growth to 225 Employees in 2024
Seattle-based recruiting software startup SeekOut laid off 16 employees (7% of its workforce) in a restructuring but plans to grow its team to 225 employees by year-end. The company, valued at over $1.2 billion after raising $115 million last year, uses AI technology and serves over 1,000 clients including Salesforce and McKinsey.
Outreach Cuts 12% of Staff Amid Economic Pressures, Aiming for 2024 Profitability
Seattle-based sales software startup Outreach laid off 12% of its staff amid shifting economic conditions and ongoing cost-cutting efforts, aiming for profitability next year. This follows previous layoffs of 5% in August 2022, 7% in February 2023, and another 5% last month, with some business functions being offshored to Mexico City and India.
SeekOut raises $115M, valuation tops $1B to expand recruiting and internal-employee products
Seattle startup SeekOut raised $115 million to push its valuation past $1 billion, becoming a unicorn, and will use the funds to expand recruiting and internal-employee products. Its recruiting platform, used by over 1,000 companies, aggregates data on 700+ million candidates, has built-in diversity filters, and reports ARR of $25–$50 million after tripling in nine months.
SeekOut raises $65M Series B led by Tiger Global at nearly $500M valuation after 10x ARR growth
Seattle recruiting startup SeekOut raised $65 million in a Series B led by Tiger Global at a near-$500M valuation to expand its Talent 360 recruiting software, after growing ARR 10x in 21 months and remaining profitable.
Mayfield and Pivotal Ventures award $6 million to four women-led startups in Female Founders Competition
Microsoft’s venture arm Mayfield and Melinda Gates’ Pivotal Ventures announced four winners of the Female Founders Competition, awarding a total of $6 million to scale women-led startups. Two B2B enterprise startups received $2 million each and two deeptech companies received $1 million each.
Outreach raises $50M Series F led by Sands Capital, valuing Seattle startup at $1.33B
Seattle sales-engagement startup Outreach raised a $50 million Series F led by Sands Capital, bringing its valuation to $1.33 billion and total funding to $289 million while holding more than $100 million in cash. The company says the funding bolsters its position amid COVID-19 as remote selling increases and over 4,000 customers use its platform.
Skilljar Secures $16.4M Series A Funding to Expand Customer Training Platform with Clients Like Zendesk, U-Haul, and Mercado Libre
Skilljar raised $16.4 million in a Series A funding round led by Mayfield and Shasta Ventures to expand its customer training platform, which serves companies including Zendesk, U-Haul, and Mercado Libre. Founded by Amazon veterans, Skilljar aims to lead the $12 billion customer training market by delivering effective, scalable training solutions that drive product adoption and revenue growth.
