SeaChange Fund

Venture Capital, Investment

Facts

HQ
Pacific Northwest, USA
Sectors
Venture Capital, Investment

Factal raises $3.3M Series A after doubling 2020 revenue to expand AI-and-journalist breaking-news alerts for corporate risk

Seattle startup Factal, which uses AI and journalists to monitor and verify breaking-news threats for corporate clients, raised $3.3 million in a Series A after doubling revenue in 2020. Its tools provide verification, proximity mapping, customized alerts and real-time collaboration for functions like security, risk intelligence and supply-chain continuity.

WTIA selects 22 Washington seed-stage startups for six-month Founder Cohort to accelerate fundraising and growth

The Washington Technology Industry Association (WTIA) selected 22 Washington-headquartered, seed-stage tech startups for its six-month virtual Founder Cohort Program to help founders with fundraising, governance and customer development. The cohort is led by experienced founders and investors including Dave Parker, Susan Preston and Leslie Feinzaig and requires companies to have under $1M revenue and at least one product in development.

Yesler raises $3.3M to scale Seattle B2B lumber marketplace, led by Tech Square Ventures

Seattle-based B2B lumber and building materials marketplace Yesler raised $3.3 million in a funding round led by Tech Square Ventures to scale marketing and engineering after spinning out of Pioneer Square Labs in 2019. The company, founded by CEO Matt Meyers, aims to digitize lumber purchasing and optimize end-to-end supply chains, and currently has 10 employees while competing with MaterialsXChange.

Prescryptive Health, founded by ex-Microsoft cloud vets Blackley and Young, raises $26M led by Morningside

Seattle startup Prescryptive Health, founded in 2017 by former Microsoft commercial cloud leaders Chris Blackley and Kevin Young, raised $26 million to expand its prescription data platform that connects to over 50,000 pharmacies and integrates with benefit plans in real time. The round was led by Morningside Ventures (whose co-founder Dr. Gerald Chan joined the board) and brings the company's total funding to $35 million.

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