Seachange
Facts
- HQ
- United States
- Sectors
- Venture / Angel Investing, Early-stage Finance
HSA Bank Acquires Seattle-Based Fintech SecureSave, Provider of Emergency Savings Solutions for Employees
HSA Bank has acquired fintech startup SecureSave, a 2020 Pioneer Square Labs spinout that provides emergency savings accounts as an employee financial wellness benefit. SecureSave has supported over 60,000 users saving more than $100 million, and the acquisition will allow it to continue its platform and client services.
Former SeaChange Investors Launch VentureUs Angel Group to Back Early-Stage Pacific Northwest Startups
A group of former SeaChange investors in Seattle have launched VentureUs, an angel investing group focusing on pre-seed and seed startups in the Pacific Northwest. VentureUs streamlines decision-making through an investment board and plans to invest $100,000 to $400,000 in 6-10 startups annually.
Supio, Founded by Ex-Microsoft Engineers, Raises $25M Series A for AI Legal Tech Platform Optimizing Data Analysis in Plaintiff Cases
Seattle-based legal tech startup Supio, founded by ex-Microsoft engineers Kyle Lam and Jerry Zhou, raised $25 million in Series A funding to enhance its AI-powered platform that helps lawyers efficiently analyze case data, particularly in personal injury and mass tort plaintiff law. The company, with 27 employees and plans to double its workforce, charges subscription fees based on case volume and boasts successful use in complex cases such as a TorHoerman Law victory against Abbott Labs.
Seattle-Based OpenTug Raises $3.1M Seed Round Led by Entrada Ventures to Expand Maritime Logistics Platform
Seattle-based marine transportation software platform OpenTug raised $3.1 million in seed funding led by Entrada Ventures. The funds will enhance OpenTug’s maritime marketplace and software to expand its network and support maritime logistics operations across U.S. waterways.
Breakwater Ventures Launches $10M Fund to Back Early-Stage Pacific Northwest Startups
Breakwater Ventures, a new Seattle-based pre-seed and seed investment firm founded by former SeaChange investors, has raised $10 million to support early-stage software startups primarily in the Pacific Northwest. The firm aims to fill a gap in initial funding for startups and is already deploying capital from its first fund.
Ex-Amazon and Airbnb Engineers Raise $1.25M for Seattle Startup Cimba.ai to Develop Enterprise AI Agents
Seattle startup Cimba.ai, founded by ex-Amazon and Airbnb engineers, raised $1.25 million in pre-seed funding to develop AI agents that help businesses generate actionable insights from internal data. The company integrates large language models with business-specific content to optimize operations such as ad campaigns and customer management.
Seattle Accounting Software Startup Lockstep Acquired by British Enterprise Software Giant The Sage Group
Seattle-based startup Lockstep, which automates B2B accounting processes and has over 300 customers, will be acquired by British enterprise software company The Sage Group. The 130 Lockstep employees will join Sage while retaining the Lockstep brand, though financial terms were not disclosed.
Scener names Hulu veteran David Baron CEO; J.J. Abrams, Sean Rad and Marc Geiger join as investors/advisors
Seattle social TV startup Scener appointed Hulu launch veteran David Baron as CEO and added a new investor-advisor group including filmmaker J.J. Abrams, Tinder founder Sean Rad, and music exec Marc Geiger. The company, spun out of RealNetworks in 2018 and backed by $2.1M seed funding, offers a Chrome extension and Watch Party Platform supporting up to 10 co-hosts and 1 million viewers across major streaming services.
Zulily co-founders Darrell Cavens and Mark Vadon back Seattle ID-verification startup Vouched with $4.5M investment
Seattle startup Vouched raised $4.5 million in a round led by Zulily co-founder Darrell Cavens and investor Mark Vadon to expand its AI-based identity verification software used by over 150 companies for real-time fraud detection across industries.
Lockstep raises $10M Series A to expand cloud-based 'connected accounting' tools for cash-flow management
Seattle startup Lockstep raised $10 million in a Series A to expand its cloud-based "connected accounting" tools that automate receivables/payables communications and provide shared accounting inboxes to improve cash flow and remote collaboration.
Scener raises $2.1M seed round as social TV demand grows; backed by SeaChange, Glaser Investments and others
Scener, a two-year-old Seattle startup spun out of RealNetworks, raised $2.1 million in seed funding to expand its virtual co-watching platform that supports up to 1 million viewers and playback on at least 10 major streaming services. The company, backed by SeaChange, Glaser Investments and others, is nearing 500,000 active installs and about 14 million minutes of weekly co-watching as social TV gains traction among streaming providers.
