PTO Exchange
Facts
- HQ
- Seattle, WA, US
- Sectors
- Software Development
- Founded
- 2013
- Employees
- 63
- Stage
- Seed
- Founders
- Rob Whalen, Todd Lucas
PTO Exchange raises $5.4M second seed round led by TTV Capital, total funding now $9M
Seattle-based PTO Exchange raised a $5.4 million second seed round (bringing total funding to $9 million) to expand its platform that converts employees' unused paid time off into retirement contributions, student loan repayment, HSA deposits, donations or shared PTO.
Round, founded by ex-Microsoft leaders Ryan Fuller, Mani Gill and Brian Jansen, raises $12M seed to build vetted network for senior tech leaders
Round, a Seattle startup founded by former Microsoft leaders, raised a $12 million seed round to build a vetted network for senior tech leaders; other Pacific Northwest deals include PTO Exchange's $5.4 million raise and funding and licensing activity at PupPod.
Anthony Bontrager of WestRiver Group says he makes 3–5 PNW SaaS/AI investments yearly with $500k–$5M initial checks and $10M follow-on capacity
Anthony Bontrager, a former adtech founder and current investor at WestRiver Group, favors hands-on board involvement and invests in PNW SaaS/AI/ML companies with initial checks of $500k–$5M, targeting 3–5 new deals yearly and about 15–20 monthly pitches. He highlights Qorus Software as a standout portfolio company and emphasizes governance, go-to-market support, and follow-on reserves of ~$10M per company.
People
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Anthony Bontrager Investor / Director
