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Multiplier, led by ex-Bridgewater and Sentient Labs executives, raises $6M from Lux Capital to expand asset-manager AI platform
Multiplier, an AI startup founded by former Bridgewater and Sentient Labs executives, raised $6 million from Lux Capital and other investors to grow its platform for asset managers.
Kita Raises $4.5M Seed Led by BoxGroup to Expand AI-Native Credit Underwriting Platform
Kita raised $4.5 million in a seed round led by BoxGroup to expand its AI-native credit underwriting platform that automates loan origination and helps lenders identify borrowers missed by traditional bureaus. The round included participation from Y Combinator, Kaya Founders, US News Digital Ventures, BEENEXT, Golden Gate Ventures, Genting Ventures, Apex Star Capital and several strategic angel investors.
Rippling sues Runlayer for patent infringement on Aug 10 after Runlayer accused the $16.8B HR firm of cloning its AI-agent security product
Rippling filed a patent-infringement countersuit against AI startup Runlayer on August 10 after Runlayer sued July 28 accusing the $16.8 billion HR-tech firm of using a paid trial and NDA access to clone its AI-agent security product, escalating into competing claims of theft and patent violations tied to Model Context Protocol infrastructure.
Vinod Khosla and Family Acquire Seattle Seahawks for $9.6 Billion, Among Top Sports Franchise Deals
Vinod Khosla, a Silicon Valley billionaire and founder of Khosla Ventures, is buying the Seattle Seahawks for $9.6 billion, making it one of the highest professional sports team valuations ever. The purchase involves his family, with his wife Neeru expected to be the controlling owner and their son Neal likely to assume a senior role.
Khosla Family to Buy Seattle Seahawks for Record $9.612 Billion; Neeru Khosla to Become Controlling Owner
The Khosla family, led by billionaire venture capitalist Vinod Khosla, is set to buy the defending Super Bowl champion Seattle Seahawks for a record $9.612 billion pending NFL owners’ approval, with Neeru Khosla expected to become the first Indian‑American woman to control an NFL team. Vinod Khosla, born in Pune and a prominent Silicon Valley investor and Sun Microsystems co‑founder, would need to divest his minority stake in the San Francisco 49ers to complete the purchase under league rules.
Vinod Khosla-led Family Agrees to Buy Seattle Seahawks for Reported $9.6 Billion
Veteran venture capitalist Vinod Khosla and his family agreed to buy the Seattle Seahawks from the Paul Allen estate for a reported $9.6 billion; Khosla is a longtime Silicon Valley investor who founded Khosla Ventures and was an early OpenAI backer.
Vinod Khosla Family to Buy Seattle Seahawks for Record $9.6 Billion from Paul Allen Estate
Vinod Khosla and his family agreed to purchase the Seattle Seahawks for a record $9.6 billion from the estate of Paul Allen. Khosla, a prominent Silicon Valley investor with a $15.6 billion net worth, will lead the ownership group with his wife Neeru as controlling owner.
Seattle-Based RentSpree Grows Profitable Real Estate Platform Serving 4 Million Users, Hires Ex-Redfin CTO
RentSpree, a profitable Seattle-based startup founded in 2016, helps small landlords and real estate agents manage rentals online, processing hundreds of millions in payments yearly. The company recently hired former Redfin executive Alex Berezhnyy as CTO and is expanding its services, including banking features for landlords.
Updater Wins 2022 PropTech Innovation of the Year Amidst 1,500+ Global Nominations
Updater was named the 2022 PropTech Innovation of the Year at the PropTech Breakthrough Awards, recognized for its innovative solutions in property management. The company stood out among over 1,500 global nominations for its advancements in streamlining move-in and resident onboarding processes.
Flyhomes launches ‘Flyhomes Guarantee for Buyers’ to let clients exit within a year with waived seller commission
Seattle-based real estate startup Flyhomes launched the Flyhomes Guarantee for Buyers, which lets clients who want to move within a year of closing have Flyhomes list the home and waive its commission (buyers still pay the buyer’s agent and selling costs). Founded in 2016, Flyhomes has helped over 3,000 families buy nearly $3 billion in homes with cash-offer short-term loans and faces competition from traditional brokerages, iBuyers like Opendoor and Offerpad, and Zillow.
Flyhomes raises $150 million to scale cash-offer homebuying and mortgage services nationwide
Seattle startup Flyhomes raised $150 million to expand its cash-offer homebuying model and integrated mortgage and selling services nationwide, positioning itself against iBuyers and Zillow. CEO Tushar Garg said the funding supports building an end-to-end home-buying experience that gives clients a competitive edge in a chaotic market.
Former Zillow Leaders Greg Schwartz and Carey Armstrong Raise $40M Seed for Tomo Networks to Build Tech-Driven Mortgage Platform
Former Zillow leaders Greg Schwartz and Carey Armstrong launched Tomo Networks, a fintech startup building a tech-driven mortgage and transaction platform, and raised a $40 million seed round led by prominent real estate investors. The company, founded a few months ago, is targeting agents and consumers while keeping specific business model details private.
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.
People
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Raji Subramanian Executive, Former CTO
