Facts
- HQ
- Los Angeles
- Sectors
- Technology, Social Media, Consumer Internet
- Founded
- 2000
- Stage
- Public
Whatnot raises $545 million Series G at $20 billion valuation, plans to triple Seattle staff and expand South Lake Union office
Live-commerce company Whatnot raised $545 million in a Series G round that values it at $20 billion and plans to triple its Seattle workforce, seeking a larger South Lake Union office to accommodate growth.
Devplan Raises $2.5M Seed Round Led by AI2 Incubator for AI-Native Product Development
Devplan, a Seattle-based AI-native product development intelligence platform, emerged from stealth announcing a $2.5 million seed funding round led by AI2 Incubator with participation from Acequia Capital, Mighty Capital, Grand Ventures, and eLab Ventures.
Seattle’s Rec Room Social Gaming Platform Shuts Down June 1, 2026 After $294M Funding and $3.5B Valuation
Seattle-based social gaming platform Rec Room, which attracted 150 million players and reached a $3.5 billion valuation in 2021, is shutting down on June 1, 2026 due to unviable business economics. Founded in 2016 by former Microsoft engineers, Rec Room built a decade-long virtual community but ultimately could not sustain its operations.
People
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Nick Fajt Director, Product Management
