Plaid
Facts
- HQ
- United States
- Sectors
- Financial technology, APIs, Banking
Moment raises $78M led by Index Ventures to build AI operating system for Edward Jones, LPL and Hightower
Moment, founded by former Citadel quants, raised $78 million led by Index Ventures (with a16z and Avra participating) to build an AI operating system that lets wealth managers like Edward Jones, LPL Financial, and Hightower deploy regulated AI agents for trading.
Seattle Startup Integrate Raises $17M Series A to Expand Defense and Space Project Management Software
Seattle startup Integrate secured $17 million in Series A funding to expand its super-secure project management tool used in defense, space, and other industries. The company, which has a $25 million Space Force contract and supports classified intelligence projects, is also attracting interest from automotive, renewable energy, and maritime sectors.
Madrona Raises $770M for Two New Funds to Back Early and Late-Stage Tech Startups Amid VC Slowdown
Madrona, the largest venture capital firm in the Pacific Northwest, raised $770 million for two new funds focusing on early-stage and more mature tech startups despite a challenging VC fundraising environment in 2024. The firm plans to invest in about 30 companies at early stages and 12 at later stages, maintaining its strong position amid a slowdown in the broader venture capital sector.
Seattle Startup Payscore Raises $2.2M to Combat Application Fraud with Income Verification Technology
Seattle-based startup Payscore, which helps property managers and dealerships verify income by analyzing bank deposit history, raised $2.2 million. Founded in 2017 by CEO Mark Fiebig and CTO Stephen Arifin, Payscore's service covers over 700,000 rental units and 2,500 dealerships, experiencing rapid customer growth amid rising application fraud.
Amarjit Kaur Sandhu joins Ozette as VP of Engineering; AWS marketing chief Rachel Thornton to depart after 10 years
Amarjit Kaur Sandhu joined Ozette Technologies as vice president of engineering, bringing experience from Nuance Communications and Saykara. Additionally, AWS executive Rachel Thornton is leaving, and various leadership moves across Pacific Northwest tech firms have been announced.
Sila raises $7.7M seed led by Madrona and Oregon Venture Fund to scale fintech infrastructure
Portland fintech startup Sila raised $7.7 million in a seed round led by Madrona Venture Group and Oregon Venture Fund to expand its API that lets developers add compliant banking and payment features. Led by CEO and Simple co-founder Shamir Karkal, Sila offers ACH processing, transfers, digital wallets, a built-in SILA stablecoin, tiered pricing, and partnerships with Plaid, Evolve Bank & Trust, and Alloy.
