Rover
Facts
- HQ
- United States
- Sectors
- Marketplace, Pet care, Platform
- Stage
- Public
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.
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.
Stefan Kalb Launches Super Labs with $8M Seed to Help Mid-Market Companies Adopt AI Without Tech Expertise
Seattle entrepreneur Stefan Kalb launched Super Labs in September to help mid-market businesses adopt AI without technical expertise, raising $8 million in seed funding led by FUSE. The platform connects non-tech companies with AI vendors and manages integration to prevent these companies from falling behind larger enterprises.
Seattle’s Madrona Venture Firm Absorbs Madrona Venture Labs After 10 Years, Following $770M Fundraise
Seattle’s Madrona venture firm has absorbed its startup studio Madrona Venture Labs after over 10 years of independent operation and 30 incubated startups. This restructuring aligns with Madrona’s recent $770 million fundraise to consolidate efforts under one organization amid Seattle’s growing startup ecosystem.
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 Tech Startups Eye IPO Revival in 2024 After Two-Year Drought Amid Market Stabilization
Seattle's tech industry has seen no traditional IPOs in over two years amid a market slowdown, but optimism is growing for more public listings in 2024 due to a stabilized macroeconomic environment and a rising stock market. Experts caution that realistic pricing and market conditions will influence which startups decide to go public.
Six Former Amazon Execs Including Flexport CEO Dave Clark Depart $8 Billion Logistics Startup
Flexport saw the departure of six former Amazon executives, including CEO Dave Clark and president Teresa Carlson, highlighting recent executive turnover at the $8 billion-valued logistics company. Several of these leaders had long Amazon tenures before joining Flexport, which offers cloud-based freight forwarding and saw $3.3 billion in revenue in 2021.
Seattle’s Felix&Fido Raises $4M Pre-Seed Led by PSL Ventures and Rover to Launch Subscription Veterinary Care
Seattle startup Felix&Fido announced a $4 million pre-seed funding round led by PSL Ventures and Rover to launch subscription-based veterinary care combining telemedicine, in-clinic, and at-home services. Founded by former Army captain and Expedia executive Gavin Woody, the company aims to tackle the veterinary shortage with an innovative membership model.
GeekWire: Pacific Northwest records 55 exits and 282 VC deals this year, including Rad Power Bikes’ $154M round
GeekWire reports a surge in deal activity across the Pacific Northwest this year, tracking 55 acquisitions, SPACs, IPOs and private equity buyouts and 282 venture financings (nearly one per day). Notable transactions include Nintendo’s Jan. 5 acquisition of Next Level Games, BitTitan’s sale to Idera, and Rad Power Bikes’ $154 million funding round.
Remitly files S-1 ahead of IPO after 2020 revenue doubles to $257M and $1.5B valuation
Remitly filed an S-1 ahead of a conventional IPO, reporting $257M revenue and a $32.5M net loss for 2020 and $202M revenue with a $9.2M loss in H1 of the current year, with a $1.5B valuation from a July funding round and roughly $16.1B in trailing 12-month send volume.
AI2 spinout MajorBoost raises $350,000 pre-seed to automate insurance calls for medical providers
MajorBoost, an AI2 spinout founded by Lekshmi Venu, Ben Hesketh and Andrew Palmer, uses AI to automate insurance phone calls for medical providers to reduce time lost to eligibility and claim inquiries; it received $350,000 in pre-seed funding from AI2 and is preparing a seed round while running private beta customers.
Seattle startups raise record $3.1B in H1 2021, producing 12 local unicorns as Auth0 exits for $6.5B
Seattle-area startups raised a record $3.1 billion across 205 deals in H1 2021, driven by mega-rounds that produced at least 12 local unicorns and broader Pacific Northwest tech funding topping $5 billion. National VC activity and IPO/M&A dollar volumes are also surpassing prior records, with major exits like Auth0’s $6.5 billion acquisition by Okta highlighting regional maturation.
Updater acquires Seattle on-demand moving startup Dolly; terms undisclosed
New York moving services company Updater has acquired Seattle on-demand moving startup Dolly; terms were not disclosed and Dolly will operate as an Updater subsidiary with its Seattle team retained.
Zenoti raises $80M extension from TPG Capital, total funding $330M and valuation near $1.5B after December Series D
Zenoti raised an $80 million extension to its December Series D led by TPG Capital, bringing total funding to $330 million and valuing the company near $1.5 billion; the enterprise software serves over 12,000 spas, salons and wellness businesses across 50 countries. The company, founded by Sudheer and Dheeraj Koneru, charges per-store subscriptions, has a growing payments arm, saw revenue double in 2020, expects 120% growth in 2021, and plans expansion into pet grooming and fitness.
GeekWire Awards finalists highlighted as voting closes; virtual winners announced May 20
GeekWire's annual Awards event will be held virtually on May 20 after nearly 200 community nominations and over 6,000 reader votes; finalists are being highlighted for their rising positions on the GeekWire 200 ranking of Pacific Northwest private tech companies. Several finalists have 'exited' the ranking through IPOs or acquisitions, including Auth0, Accolade, Rover, and Sana Biotechnology, while others are not yet ranked.
Former Rover CTO Scott Porad named Dolly’s first CTO as Dolly plans headcount, sales expansion; Regi Vengalil to become Metromile CFO in May
Scott Porad, former Rover CTO, has joined Seattle peer-to-peer moving app Dolly as its first chief technology officer as the startup plans to double headcount and sales; Regi Vengalil will leave Egencia in May to become CFO of Metromile, a pay-per-mile insurer.
GeekWire Names Common Room, Ozette, SeekOut, Shelf Engine and Strike Graph as 2024 Startup of the Year Finalists; Voting Open
GeekWire has announced five finalists for Startup of the Year — Common Room, Ozette, SeekOut, Shelf Engine, and Strike Graph — highlighting Seattle and Pacific Northwest entrepreneurship; community voting runs through April 30 and winners will be revealed May 20 at the virtual GeekWire Awards.
GeekWire Opens Voting for 13th Annual Awards; Deal of the Year Finalists Include $6.5B Auth0 Acquisition and Multi‑Hundred‑Million Funding Rounds
GeekWire has opened community voting for its 13th annual GeekWire Awards, highlighting Deal of the Year finalists across Fundings and IPOs/Acquisitions from Pacific Northwest tech companies. Voting runs through April 30, winners announced May 20 at the virtual awards presented by Wave Business.
GeekWire 200: Auth0, Rover Among Top 10 but Set to ‘Graduate’ as Tanium and Outreach Climb
GeekWire’s monthly GeekWire 200 ranking shows established Pacific Northwest startups like Auth0 and Rover among the top 10 but poised to “graduate” after Okta’s acquisition and Rover’s SPAC IPO, while companies such as OfferUp, Moz, PayScale, Puppet and Clio are positioned to move up. The list highlights movers like Tanium and Outreach and notes recent major funding and leadership news across the region’s startups.
SeekOut raises $65M Series B led by Tiger Global at nearly $500M valuation after 10x ARR growth
Seattle recruiting startup SeekOut raised $65 million in a Series B led by Tiger Global at a near-$500M valuation to expand its Talent 360 recruiting software, after growing ARR 10x in 21 months and remaining profitable.
SPACs Let Founders Reach Public Markets Faster and Keep Larger Equity Stakes, Say Startup Observers
The article explains how SPACs (special purpose acquisition companies) let founders and early employees reach liquidity faster and often retain larger ownership stakes than through later-stage VC or private equity rounds. Using examples like Sana Biotechnology and Seattle entrepreneur Sujal Patel, it argues SPACs can preserve founders' equity by bypassing dilutive funding rounds.
TiE Seattle VC Panel: 2020 Ended with Record Startup Funding and SPAC Surge, Investors Expect Strong 2021
A TiE Seattle panel of four Seattle-area VCs said despite early pandemic layoffs and valuation fears, 2020 ended with record startup funding, VC capital raises, and strong exits, and they expect continued momentum in 2021 driven by SPAC activity and pandemic-driven innovation. Panelists highlighted increased founding activity, higher valuations, and pandemic-forced business improvements creating investor opportunities.
Mailchimp acquires Chatitive; CEO Andy Hollenbeck to lead conversational SMS at Mailchimp
Mailchimp has acquired Seattle SMS-marketing startup Chatitive, a Madrona Venture Labs spinout, integrating its team (fewer than 10 employees) and naming CEO Andy Hollenbeck head of conversational SMS; terms were not disclosed.
Pioneer Square Labs spins out 25 startups in five years; six launched during pandemic surge
Seattle startup studio Pioneer Square Labs (PSL) spun out 25 startups in five years — six during a six-month pandemic stretch — by rapidly testing ideas, though it has yet to produce a breakout unicorn and faces criticism over founder dilution.
Tom Alberg invested in Amazon’s 1995 seed round, joined its board and co-founded Madrona to build Seattle’s tech scene
Tom Alberg invested in Amazon’s 1995 seed round, joined its board, and later co-founded Madrona Investment Group to back Pacific Northwest internet startups, helping shape Seattle’s tech ecosystem. His early bets and leadership influenced regional tech growth and left a legacy noted by Jeff Bezos and others.
People
-
Mike Fridgen Executive, Chief Operating Officer
