Facts
- HQ
- United States
- Sectors
- Ridesharing, Mobility, Delivery, Transportation
- Founded
- 2009
- Employees
- 31700
- Stage
- Public
Temporal raises $550M Series E at $12.55B valuation; will open Atlanta and Bay Area offices while keeping Bellevue coworking HQ
Temporal raised $550 million in a Series E that valued the 3-year-old app development startup at $12.55 billion; it will open permanent offices in Atlanta and the Bay Area while keeping a coworking headquarters in Bellevue as it scales R&D and hiring.
Local Crew launches in Seattle to use AI-analyzed videos for no-visit home repair estimates
Seattle startup Local Crew, founded in 2026 by Saad Nadeem, uses AI to convert customer-submitted videos into structured job posts with recommended prices so homeowners can get bids without in-person estimate visits. The service aims to simplify finding and hiring local labor for tasks from yard work to house repairs, letting pros accept or counter the AI-generated offers.
Temporal Technologies Raises $550M Series E at $12.55B Valuation Led by Lightspeed to Scale Durable Execution
Temporal Technologies raised $550 million in a Series E at a $12.55 billion valuation to expand adoption of its Durable Execution technology, which lets long-running applications resume after failures; the round was led by Lightspeed with co-leads Wellington Management, Goldman Sachs Alternatives’ Growth Equity and Tiger Global. CEO Samar Abbas — formerly CTO and a longtime distributed-systems engineer who swapped roles with co-founder Maxim Fateev in April 2024 — said the funding addresses growing demand for reliable infrastructure for complex software and AI.
Temporal Raises $550M Series E at $12.55B Valuation as Durable Execution Platform Gains Traction
Temporal raised $550 million in a Series E at a $12.55 billion valuation to expand its Durable Execution orchestration platform, citing rapid customer growth and major users like OpenAI, Snap, NVIDIA, and JPMorgan Chase.
Bellevue’s Temporal raises $550M Series E at $12.55B valuation, doubling since February
Bellevue app-development startup Temporal raised $550 million in a Series E at a $12.55 billion valuation, roughly doubling its worth since a February round and signaling investor focus on leading AI-related companies. Founded in 2019, Temporal employs about 375 people, counts more than 4,300 clients including OpenAI and Netflix, and offers tools to help developers build more reliable back-end and AI applications.
Temporal raises $550M Series E at $12.55B valuation as agentic AI demand lifts revenue past $250M ARR
Temporal raised $550 million in a Series E at a $12.55 billion valuation as demand for agentic AI systems drives rapid growth; its annualized revenue run rate recently surpassed $250 million, up over 200% year-over-year. The Bellevue-based open-source platform, co-founded by Samar Abbas and Maxim Fateev, doubled headcount to 570 to support major customers like OpenAI, NVIDIA, Netflix and JPMorgan Chase using its durable execution engine for multi-step AI workflows.
AgentMail raises $6M seed to provide inbox-first APIs for AI agents as email reply handling becomes a new product category
Sending email from AI agents is easy, but providing durable inboxes, threading, and reply-handling is the emerging product category; AgentMail exemplifies this with a seed-funded inbox-first API and features for multi-tenant agent inboxes. Established transactional providers (Postmark, Resend, Mailgun, SendGrid, Amazon SES, Mailtrap) remain strong for send-only use cases, while inbound and thread management distinguish newer entrants.
SignalFire: Engineers Were 55% of New Hires at 12 Tech Majors in 2025 as AI Boosts Demand, Middle Management Cuts 41%
Hiring data show AI has increased demand for software engineers at major tech firms—engineers were 55% of new hires in 2025—even as overall tech headcount remains below 2019; middle management shrank while pay rises for engineers who can direct and review AI-generated code.
HitchPiggy launches regional rideshare marketplace June 1, 100+ users but no rides yet as it targets Pacific Northwest college trips
Portland startup HitchPiggy launched June 1 to connect drivers making regional trips with passengers headed the same way, using AI-powered development; it has about 100 registered users in the Pacific Northwest but no completed rides yet and plans to grow college ridership via a Portland State Business Accelerator partnership.
Moove raccoglie 250 milioni di dollari in Serie C guidata da Mubadala, valutazione a 2,1 miliardi per ampliare infrastrutture della mobilità autonoma
Moove ha raccolto 250 milioni di dollari in un round di Serie C guidato da Mubadala, con Woven Capital (Toyota) e Ion Pacific, portando la valutazione a 2,1 miliardi e mirando a potenziare la sua piattaforma globale per la mobilità autonoma.
Moove Raises $250M Series C Led by Mubadala, Valued at $2.1B to Scale Global Autonomous Mobility Infrastructure
Moove raised $250 million in a Series C round led by Mubadala and co-led by Woven Capital (Toyota) and Ion Pacific, valuing the company at $2.1 billion to scale its global infrastructure platform for autonomous mobility.
HappyRobot raises $150M Series C led by Prysm Capital, valued at $1.2B to scale agentic AI for enterprise operations
HappyRobot raised $150 million in a Series C led by Prysm Capital and co-led by Eurazeo, valuing the company at $1.2 billion post-money to scale its agentic AI for enterprise operations. Its platform deploys AI agents across voice, email, documents and web to automate workflows, with over 150 customers reporting metrics like 28,000 hours automated monthly, 9.4/10 CSAT, 70% autonomous resolution, and 10x operational capacity.
Mariana Minerals valued at $1.5 billion as CEO Turner Caldwell, backed by Khosla and a16z, pushes software-driven mining for critical metals
Mariana Minerals, a software-focused mining startup led by CEO Turner Caldwell, aims to remake mining for a metals-driven economy by targeting lithium, copper, aluminum and other critical minerals needed for electrification. The company is now valued at $1.5 billion and says its software backbone will generalize across many metals to reduce input costs and address supply-chain risks dominated by China.
Germantown duo’s $59 ‘Brick’ triggers surge in paid phone-blocking accessories as digital detox trend grows
A recent consumer trend sells simple physical devices—like the $59 3D-printed Brick—that intentionally make smartphones harder to use to encourage digital detox, spawning budget and luxury makers and signaling a broader cultural shift away from frictionless tech.
AURA announces U.S. expansion after eight years in South Africa, offering sub-10-minute private emergency response via 11,000 vetted responders
Johannesburg startup AURA, after eight years in South Africa, is expanding to the U.S. to address worsening emergency response times by routing alerts to a network of vetted private medical and security responders via smart auto-dispatch technology. AURA operates B2B2C integrations with partners like Uber, FNB, Samsung, and Discovery and claims over 11,000 responders with average response times under 10 minutes.
Remitly hires Jeff Lyon as CISO; Joseph Williams named WWU director of Cybersecurity Programs; Yoodli promotes Kartik Murthy to VP of Product
Remitly appointed Jeff Lyon as chief information security officer following leadership departures, while Joseph Williams was named director of Cybersecurity Programs at Western Washington University and Yoodli hired Kartik Murthy as vice president of product.
Filmustage founders Egor Dubrovsky, Ruslan Khamidullin and Andrei Karalkou build production-focused AI after 2023 WGA strike
Filmustage, co-founded by Belarus-born Egor Dubrovsky, uses AI to optimize film pre-production tasks (like continuity, scheduling and makeup) rather than replace writers, a contrast highlighted during Hollywood's 2023 WGA strike over AI use. The startup's tools analyze screenplays to flag practical production elements—illustrated by detecting a character's beard—and grew from unexpected origins including a stolen passport.
Fireworks AI Raises $1.505B Series D at $17.5B Valuation as Revenue Tops $1B and Token Processing Hits 40T/Day
Fireworks AI raised $1.505 billion in a Series D at a $17.5 billion valuation and says it now has a $1 billion annualized revenue run rate, processing over 40 trillion tokens per day for customers like Notion, Uber, and DoorDash. The inference startup — founded by ex‑Meta PyTorch lead Lin Qiao — positions cheaper, fine‑tuned models as a scalable enterprise alternative to costly frontier APIs.
Free Agent Raises $1.7M to Launch Athlete-Only Networking Platform, Founded by Ex-Pro Kirsten Toth
Vancouver startup Free Agent, founded by former pro hockey player Kirsten Toth, raised $1.7 million to build a free, members-only professional networking platform that helps athletes transition to post-sport careers through job-matching, training, and a paid employer marketplace. The platform aims to highlight athletes' transferable skills and reduce stigma around career transitions by offering an exclusive community tailored to their needs.
Moonshot AI’s New Kimi Model Sparks Washington Alarm Over Rapid Chinese AI Advances
Chinese startup Moonshot AI released a new version of its Kimi model, prompting sharp reactions in Washington and renewed concern over rapid Chinese AI advancement despite U.S. export controls. Policymakers warn the model intensifies geopolitical anxieties about potential surveillance, military uses, and economic competition, with some critics calling it 'full AI communism.'
Stanford AI Founder Offers 50% Over List in Cash to Win Potrero Hill Hacker House Near OpenAI
A Stanford-trained AI founder aggressively pursued a Potrero Hill hacker house near OpenAI’s Mission Bay campus, offering up to 50% over list price in cash to secure a startup residence. The story illustrates intense San Francisco real-estate competition tied to the AI boom.
Fireworks Raises $1.505 Billion Series D at $17.5 Billion Valuation Led by Atreides, Index Ventures and TCV
Fireworks, a San Mateo-based specialized intelligence platform, raised $1.505 billion in a Series D at a $17.5 billion valuation to scale engineering and global compute and deepen cloud partnerships. The round was co-led by Atreides Management, Index Ventures, and TCV with participation from investors including NVIDIA, Bessemer, and Insight Partners.
Bunkerhill Health raises $55 million to deploy AI agents across 15 health systems, including Cleveland Clinic and Mayo Clinic
Bunkerhill Health, founded by Nishith Khandwala and David Eng, builds AI agents to automate hospital workflows and currently partners with 15 health systems while offering operational agents and nine FDA-cleared clinical algorithms. The startup disclosed new funding this week as it focuses on using AI to solve process problems in healthcare rather than diagnosis.
Uber Offers €41.50 Per Share to Buy Delivery Hero, Valuing Deal at €14.8 Billion; Close Expected H2 2027
Uber has offered €41.50 per share in cash to acquire Delivery Hero, valuing the deal at €14.8 billion (or $13.7 billion after accounting for Uber's prior stake) and expects the transaction to close in H2 2027 and be accretive to adjusted EPS. Uber will fund the deal with cash and new debt (including a €14 billion committed bridge), has committed €2 billion investment in Germany, and Delivery Hero separately agreed to sell businesses in 14 overlapping markets to SSW Partners for about $1.6 billion.
Anthropic and OpenAI Equity Booms Turn Thousands of Employees into Multimillionaires as Valuations Soar
Rapid valuation growth at AI startups Anthropic and OpenAI is creating unprecedented wealth for thousands of employees—turning many into multimillionaires and deepening economic divides in San Francisco.
