Zeitworks
Facts
- HQ
- Seattle
- Sectors
- Technology, Workforce Productivity, SaaS
- Stage
- Seed
Convoy appoints John Morrow as general counsel effective Nov. 1; ex-AWS VP Steven Shure joins Neeva as chief business officer
Convoy named John Morrow as general counsel effective Nov. 1, following multiple legal leadership departures in 2021; Morrow previously served at Apptio and Paymentus. Separately, former AWS VP Steven Shure joined ad-free search startup Neeva as chief business officer and will remain based in Seattle.
Zeitworks Raises $2M, Jazz Ventures and Madrona Back ML Startup as Jay Bartot Becomes CEO
Seattle startup Zeitworks raised $2 million in new funding from Jazz Ventures and Madrona Venture Group and appointed Seattle tech veteran Jay Bartot as CEO, succeeding Ryan Windham. The company uses machine learning to analyze user interactions and recommend automation or augmentation to improve repetitive business processes and plans to expand pilot customers.
Madrona Venture Labs raises $8M and turns investors like Spencer Rascoff into co‑founders of spinouts
Madrona Venture Labs has raised $8 million for its fourth fund and introduced a model that makes investors — including Spencer Rascoff, Julie Larson-Green and Elena Donio — co-founders, board members, and advisors of its spinouts to attract talent and accelerate startup formation. Founded in 2014, the Seattle-based studio has spun out more than a dozen companies, including recent spinouts Zeitworks, Simplata, and Stratify.
Madrona leads $3.9M seed for Strike Graph to automate SOC 2 compliance, promises 45-day certification
Seattle startup Strike Graph, spun out of Madrona Venture Labs, raised $3.9 million in a seed round led by Madrona Venture Group to help B2B companies automate and accelerate SOC 2 compliance. The five-person team, led by CEO Justin Beals and co-founder Brian Bero, says its platform can deliver SOC 2 Type 1 certification in 45 days and save customers roughly $50,000 in consultant fees.
Madrona-led $4.5M seed funds Zeitworks, a Seattle ML startup co-founded by Ben Elowitz and CEO Ryan Windham
Seattle startup Zeitworks raised a $4.5 million seed round led by Madrona Venture Group with participation from JAZZ Venture Partners and Zillow co-founder Spencer Rascoff; the company uses machine learning to analyze and recommend improvements to repetitive business processes without back-end integrations. Zeitworks spun out of Madrona Venture Labs, is led by CEO Ryan Windham with co-founder Ben Elowitz, and plans to hire for several roles.
Madrona Venture Labs spinout StrikeGraph launches to automate SOC 2 compliance, led by Justin Beals and Brian Bero
Madrona Venture Labs has launched StrikeGraph, a Seattle startup led by Justin Beals and Brian Bero that automates and simplifies the SOC 2 cybersecurity compliance process to reduce time and cost for companies seeking certification.
Ex-Docker CFO Brian Camposano launches stealth Seattle fintech Stratify; Concur founder Steve Singh named chairman
Former Docker CFO Brian Camposano launched a stealth Seattle fintech called Stratify after spinning out from Madrona Venture Labs, with Concur co-founder Steve Singh serving as chairman. The early-stage company — currently one employee and no public website — aims to use machine learning and AI to modernize corporate finance and deliver real-time insights for CFOs and finance teams.
Madrona Venture Labs spinout Simplata launches targeted encryption for sensitive cloud app data, plans seed raise
Madrona Venture Labs spinout Simplata, led by CEO Steve Banfield and CTO Bruce Roberts, is building a targeted encryption solution to protect sensitive data in cloud applications and plans to hire and raise a seed round later this year.
Ben Elowitz launches stealth Seattle startup Zeitworks, spun out of Madrona Venture Labs to optimize people and time
Veteran Seattle entrepreneur Ben Elowitz has launched a stealth startup called Zeitworks, spun out of Madrona Venture Labs, aiming to help organizations maximize people and time using data science and AI. The company is hiring, Elowitz is supporting the team, and further details remain confidential.