Redfin
Facts
- HQ
- Seattle
- Sectors
- Real estate, Proptech
- Stage
- Public
Microsoft names Aneesh Raman chief economic opportunity officer and promotes Jenny Lay‑Flurrie; DAT CPO Brian Gill resigns
Microsoft promoted Jenny Lay‑Flurrie to corporate vice president of its Trusted Technology Group and named Aneesh Raman chief economic opportunity officer; Zillow appointed a new policy lead while departures occurred at Oracle, Hiya and DAT Freight & Analytics, including DAT’s CPO Brian Gill resigning.
Insurtech Faye raises $50M led by Madrona, bringing total funding to $100M as it scales AI and international growth
Faye, a Richmond-based travel insurance app, raised $50 million led by Madrona, bringing its total funding to $100 million since 2022 to scale AI, expand internationally, and improve claims and UX; the company reported millions of customers and $100 million in annualized revenue last year. Co-founder and CEO Elad Schaffer called the raise a shift from startup to scale-up as Faye pursues growth toward a possible future IPO.
Faye Raises $50M Series C on Aug 5, 2026 to Build Autonomous AI Traveler Care Platform, Total Funding Reaches $100M
Faye announced a $50 million Series C on Aug 5, 2026 to build an autonomous AI platform for traveler care, bringing total funding to $100 million and funding AI investments, partnerships, and global expansion.
ABC Fitness Acquires Seattle Gym AI Startup Replify, Co-Founded by Zillow Alum Spencer Rascoff
Seattle gym-AI startup Replify, co-founded in 2023 by Spencer Rascoff and Zillow veterans, was acquired by Sherwood, Arkansas–based ABC Fitness; financial terms were not disclosed.
PitchBook and Madrona host live Founded & Funded podcast at Seattle Tech Week on July 23, 2026 to debate AI funding concentration
PitchBook will co-host a live recording of Madrona’s Founded & Funded podcast at Seattle Tech Week on July 23, 2026, featuring PitchBook EVP Nizar Tarhuni and Madrona Partner Sabrina Albert to discuss AI, funding concentration, and private-market trends.
Former Redfin CEO Glenn Kelman Joins Greylock as Executive in Residence After $1.75 Billion Rocket Sale
Glenn Kelman, former CEO of Redfin who led the company for over 20 years and through its $1.75 billion acquisition by Rocket, has joined venture capital firm Greylock as an executive in residence.
Former Redfin CEO Glenn Kelman Joins Greylock Partners as Executive in Residence
Glenn Kelman, former CEO of Redfin, has joined venture capital firm Greylock Partners as an Executive in Residence to support founders in leadership and scaling. Kelman led Redfin's growth for over 20 years, culminating in its $1.75 billion acquisition by Rocket Companies in June 2025.
GeekWire Podcast, Live from Fremont: Seahawks, AI, and Seattle's Future
We're live this week in the "Center of the Universe" in Seattle for a special recording of the GeekWire Podcast, presented by the Fremont Chamber of Commerce at Fremont Brewing Co. Fresh off the Seahawks' Super Bowl victory, we debate some potential ownership groups for the Seahawks and Sonics — from Jeff Bezos and Lauren Sanchez to Costco's Jim Sinegal. (Who wouldn't want $1.50 hot dogs and sodas at Lumen Field or Climate Pledge Arena?) Then we dig into the debate over Seattle's tech future, sparked by angel investor Charles Fitzgerald's GeekWire column, "A warning to Seattle: Don't become the…
Amazon fixes Alexa voice ordering bug; Microsoft rethinks AI data centers; Stadium cameras capture every Seahawks fan
Someone listening to last week’s GeekWire Podcast caught something we missed: a misleading comment by Alexa during our voice ordering demo — illustrating the challenges of ordering by voice vs. screen. We followed up with Amazon, which says it has fixed the underlying bug. On this week’s show, we play the audio of the order again. Can you catch it? Plus, Microsoft announces a "community first" approach to AI data centers after backlash over power and water usage — and President Trump scooped us on the story. We discuss the larger issues and play a highlight from our interview with…
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.
Armoire Integrates AI Virtual Stylist into Clothing Rental Service After a Decade of Adaptations
Seattle-based Armoire, an online clothing rental startup focused on sustainability, has integrated AI through a virtual stylist to enhance customer experience after a decade of strategic pivots including shifts during the pandemic. The company aims to balance human touch with AI efficiency while navigating economic challenges and expanding customer demands.
GeekWire Week in Review: Bill Gates Pledges $200B, Statsig Hits $1.1B Valuation, Seattle Startups Raise Millions in May 2025
This GeekWire Week in Review highlights top tech stories including Bill Gates' $200 billion philanthropy pledge, Seattle startups raising significant capital, and the emergence of new AI-driven unicorn Statsig valued at $1.1 billion. It also covers local news like a controversial Washington EV tax and cultural moments involving Seattle figures.
Seattle Startup EDEN Raises $3.7M to Boost Instant Quote Software for Residential Contractors
Seattle startup EDEN raised $3.7 million to enhance its software that helps residential contractors generate instant, personalized HVAC quotes using home data. The funding round was led by Climactic and other investors, bringing EDEN's total funding to $4.9 million.
Seattle Startup Gumshoe Raises $2M to Help Marketers Navigate AI Search Tool Recommendations
Seattle startup Gumshoe, led by Todd Sawicki and Patrick O’Donnell, raised $2 million to help marketers understand AI search tools' product recommendations and brand visibility. Their platform analyzes AI-generated conversations to reveal brand mentions, sources cited, and evolving trends in AI search, addressing marketers' concerns about the impact of AI on e-commerce and SEO.
Madrona Venture Group Marks 30 Years with $770M Raised for New Funds, Continuing Strong Seattle Investments
Madrona Venture Group, a Seattle-based venture capital firm celebrating its 30th anniversary, has invested in major startups like Amazon and recently raised $770 million for two new funds to support about 40 investments. While expanding beyond the Pacific Northwest with a Palo Alto office, Madrona continues to focus most of its investments locally.
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 Flyhomes Launches NeighborVote Tool Showing Neighborhoods' Political Leanings for Homebuyers
Seattle startup Flyhomes launched NeighborVote, a tool allowing homebuyers to see neighborhoods' political leanings based on voting data, aiming to aid informed housing decisions. The feature uses data from MIT Election Data & Science Lab and positions politics like Walk Scores or school ratings in home evaluations.
Equity Angels Launches Accelerator and Advisory Firm to Support Underrepresented Founders in Real Estate Tech
Equity Angels, founded by Katherine Winston and Kenya Burrell-VanWormer, is a new social impact organization launched to support underrepresented founders in real estate tech by providing a six-month accelerator, fractional executive support, and community building. Their first accelerator cohort of four startups will pitch to investors at the September Blueprint real estate tech conference in Las Vegas.
2024 GeekWire Awards on May 9 in Seattle to Honor Over 50 Pacific Northwest Tech Innovators
The 2024 GeekWire Awards event will be held on May 9 in Seattle to honor top innovators and leaders in tech from the Pacific Northwest, with over 50 finalists across multiple categories. Tickets are limited and the ceremony features awards, a dinner, and entertainment.
Munil Shah Joins Talkdesk as CTO; Ajay Nair Hired by Elastic; Libretto Raises $3.7M Led by Ex-Redfin Leaders
Munil Shah, former UiPath CTO with 23 years at Microsoft, joined Talkdesk as CTO amid growth in conversational AI; Ajay Nair, ex-Microsoft and AWS leader, joined Elastic as VP, while LLM startup Libretto, led by former Redfin executives, secured $3.7 million funding.
Ben Eidelson Launches Stepchange, a $3M Seattle Venture Fund to Accelerate Carbon-Cutting Tech Adoption
Ben Eidelson, former tech entrepreneur, launched Stepchange, a Seattle-based climate-focused venture fund investing $100,000-$200,000 in early-stage carbon-reducing startups, aiming to deploy $3 million within 18 months. Eidelson also hosts the Climate Papa podcast and engages the community to accelerate climate technology adoption.
Flyhomes Conducts Another Round of Layoffs Amid Persistent Real Estate Market Challenges
Seattle-based real estate startup Flyhomes has conducted another round of layoffs due to persistent industry challenges, continuing a pattern of workforce reductions since 2022. The company, which raised over $200 million, cited worsening market conditions driven by high mortgage rates and economic headwinds.
AWS Community Head Emily Freeman Departs; UW Medicine Names Dr. Timothy Dellit CEO; Pfizer Exec Joins Truveta Board
Emily Freeman, head of community at AWS, is leaving after several years, coinciding with another AWS leader's departure. Meanwhile, Dr. Timothy Dellit became UW Medicine CEO, William Johnson stepped down from Vancouver Tech Journal, and Pfizer exec Dr. Patrick Caubel joined Truveta's board.
EasyKnock Acquires Seattle Home Maintenance Startup Onder; CEO David Krieger Joins as Chief Product Strategy Officer
New York-based EasyKnock has acquired Seattle home maintenance startup Onder, integrating Onder's subscription-based services into EasyKnock's home equity platform. Onder's CEO David Krieger joins EasyKnock as chief product strategy officer amid a challenging venture capital environment prompting the merger.
Seattle's Picket Homes Raises $20M Series B Led by LL Funds to Expand Single-Family Rental Investment Platform
Seattle startup Picket Homes raised $20 million in a Series B funding round led by LL Funds to enhance its real estate investment and property management platform, which covers over 50 million US single-family properties. The platform assists investors with property analysis, transactions, and management services including digital leasing and maintenance.
People
-
Ariel Dos Santos Executive, Chief Product and Design Officer
-
Glenn Kelman Executive, President & CEO
