Redfin
Facts
- HQ
- Seattle, WA, US
- Sectors
- Real Estate
- Employees
- 5659
- Stage
- Public
Pro.com lays off 52 employees as COVID-19 halts construction; CEO Matt Williams confirms WARN filing
Seattle-based Pro.com laid off 52 employees after COVID-19 halted its construction work, and the company is resuming jobs with new safety and contact-tracing measures. CEO Matt Williams said the cuts were disclosed in a Washington WARN filing and affect a company that employs about 150 people on LinkedIn.
Docugami doubles to 20 after $10M funding and keeps hiring amid widespread tech layoffs
Docugami, a Kirkland, Washington document-engineering startup, doubled its staff to 20 after a $10 million funding round in early February and continues hiring despite widespread tech layoffs. CEO Jean Paoli and new head of operations Hartley Riedner have onboarded remotely, reflecting a flipped labor market where some startups can recruit while larger firms cut jobs.
Knock raises $12M Series B led by Madrona as COVID-19 drives surge in remote apartment-management tool usage
Seattle rental-software startup Knock raised $12 million in a Series B led by Madrona Venture Group as demand for its apartment management tools and remote leasing features surged during the COVID-19 crisis.
Redfin CEO Glenn Kelman and Tokki CEO Jane Park describe pandemic pivots; Tokki shifts to cloth mask production
GeekWire hosted a virtual event called “Pivoting in a Pandemic” featuring Redfin CEO Glenn Kelman and Tokki CEO Jane Park, who discussed how they adapted their businesses during COVID-19. Park described how Tokki went from zero sales to producing cloth face masks using their eco-friendly fabric, while Kelman shared long-term lessons from leading Redfin through economic turmoil.
Redfin Sells $110M in Stock to Durable Capital Partners Led by Henry Ellenbogen Amid COVID-19
Redfin sold $110 million of stock to Durable Capital Partners to gain financial support during the COVID-19 crisis; CEO Glenn Kelman outlined cost-cutting measures including forgoing his 2020 salary and raising fixed pay for agents.
Seattle Startup Flyhomes Expands to Boston, Portland, and L.A., Raises $141M to Aid Homebuyers in Competitive Markets
Seattle-based Flyhomes is expanding its real estate home-buying services to Portland, Boston, and Los Angeles/Orange County, focusing on competitive, high-priced markets by purchasing homes with cash for clients. The startup recently raised $141 million to support growth and has helped over 1,000 clients close on more than $1 billion in homes since 2015.
Smartsheet Rises to No. 6 on GeekWire 200 List with Over $70M Revenue and Boston Expansion Plans
Smartsheet has risen to number six on the GeekWire 200 list of privately held Pacific Northwest startups, up from 13th at the start of the year, driven by strong subscription revenue growth and key executive hires. Other notable movers include Vacation rental startup Vacasa entering the top 10 and Seattle’s Highspot climbing to number 148 after forming a strategic partnership with Brainshark.
GeekWire 200 November Update: DocuSign Tops as Textio Rises 23 Spots and Morningstar Acquires PitchBook for $180M
The November update of the GeekWire 200 highlights Pacific Northwest startups leveraging recent large funding rounds to expand products and staff, with DocuSign leading the list. Notable moves include Textio jumping 23 spots to number 176 and Avvo advancing into the seventh spot, while PitchBook was acquired by Morningstar for $180 million.
People
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Ariel Dos Santos Executive, Chief Product and Design Officer
