Operator Collective
Facts
- HQ
- United States
- Sectors
- Venture Investing, Investment
- Founders
- Mallun Yen
Sapiom Raises $35M Series A Led by Dragonfly, Bringing Total Funding to $50M
Sapiom, a San Francisco startup that builds infrastructure for AI agents, raised $35 million in a Series A led by Dragonfly to scale its production-grade platform, bringing total funding to $50 million roughly 11 months after founding.
Glow launches July 22, 2026 with $180M and $1.2B valuation, backed by Sequoia, Index and others
Glow, a Palo Alto endpoint-security startup founded in 2025, launched from stealth on July 22, 2026 with $180 million in funding at a $1.2 billion valuation and claims enterprise customers across healthcare, retail, and financial services. Backed by major investors including Sequoia and Index Ventures and led by ex-Meta and Snowflake security and engineering executives, Glow argues AI-driven threats on employee devices have made legacy tools like CrowdStrike obsolete.
Fireworks Raises $1.505 Billion Series D at $17.5 Billion Valuation Led by Atreides, Index Ventures and TCV
Fireworks, a San Mateo-based specialized intelligence platform, raised $1.505 billion in a Series D at a $17.5 billion valuation to scale engineering and global compute and deepen cloud partnerships. The round was co-led by Atreides Management, Index Ventures, and TCV with participation from investors including NVIDIA, Bessemer, and Insight Partners.
Mai Trinh’s Internet Backyard raises $4.5M pre-seed at $25M valuation after she leaves Vancouver for San Francisco
Mai Trinh closed down her Vancouver community project Red Thread Club and relocated to San Francisco to build AI startup Internet Backyard, which raised $4.5 million USD pre-seed on a $25 million valuation. She cited faster scaling, easier paths to citizenship, and fewer barriers for founders in the U.S. as reasons for leaving Canada.
Seattle Startup TeamSense Raises $19.5M to Expand Real-Time Employee Absence Tracking Platform
Seattle-based startup TeamSense, which provides a real-time employee absence tracking platform integrated with major HR systems, has raised $19.5 million in a recent funding round. Founded in 2020 and acquired by Fortive in 2021, TeamSense serves manufacturing and logistics sectors with software that evolved from COVID-19 symptom tracking to broader workforce management.
Outreach Founder Manny Medina Launches Paid to Monetize AI Agents, Raises $11M Pre-Seed
Manny Medina, founder and former CEO of Outreach, has launched Paid, a London-based startup that helps companies manage monetization and billing for AI agents. Paid raised $11 million in pre-seed funding from investors including EQT Ventures, Sequoia Capital, GTMfund, Exceptional Capital, Alt Capital, SV Angel, and Founders’ Co-op.
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.
Textio Lays Off 15 Employees Amid Restructuring to Invest in Sales and Product Marketing Roles
Textio, a Seattle-based augmented writing startup, laid off 15 employees in a restructuring effort to invest in roles supporting its growing Feedback product, following earlier layoffs in 2023 and March 2024. The company, founded in 2014 and known for its AI-driven workplace language tools, is shifting focus toward sales and product marketing to meet increased demand for coaching and performance management support.
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.
Armoire Hires Ex-Microsoft CTO Laura Butler; Chewy Acquires Petabyte for $43.4M, Elevates Founder Michael Hyman to VP
Clothing rental startup Armoire appointed former Microsoft technical fellow Laura Butler as CTO, while pet e-commerce company Chewy promoted Michael Hyman to VP following its $43.4 million acquisition of his veterinary startup Petabyte.
Outreach Lays Off 70 Employees, 7% of Workforce, and Pauses Office Expansion Amid Missed Revenue Targets
Seattle-based sales software startup Outreach is laying off 70 employees, about 7% of its workforce, following a failure to meet revenue targets and amid a broader tech industry slowdown. The company will also suspend merit increases and delay office expansion as it aims for operational efficiency and profitability.
Syndio raises $50M Series C led by Emerson Collective and Bessemer to expand pay-equity platform
Seattle-based pay-equity startup Syndio raised $50 million in a Series C led by Emerson Collective and Bessemer Venture Partners, bringing total funding to $83 million as it expands customers and product use to analyze gender and race pay gaps.
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.
Textio raises $12M as layoffs hit 20% of staff; Industry Ventures, Operator Collective join round
Seattle augmented-writing startup Textio raised $12 million from new investors including Industry Ventures and Operator Collective to expand beyond enterprise customers, after laying off 20% of staff amid COVID-19 uncertainty. CEO Kieran Snyder says the funding will help pivot the product to help candidates better express skills and values as remote written communication rises.
