Bellevue AI Startup Summation Unveils Billboard to Boost Visibility After $35M Funding
Bellevue startup Summation launched a large billboard near SR 520 to increase visibility and signal the region's growing startup energy, inspired by Silicon Valley's prominent tech advertising. Founded in 2024 by former Opendoor and Square executives, Summation raised $35 million from Benchmark and Kleiner Perkins to develop its AI platform for enterprise data insights.
Summation, Led by Opendoor Co-founder Ian Wong, Raises $35M to Transform Executive Decision-Making with AI
Seattle-area startup Summation, co-founded by Opendoor ex-CTO Ian Wong, emerged from stealth with $35 million in funding from Benchmark and Kleiner Perkins to offer an AI platform that enhances executive decision-making by analyzing large internal data sets. The platform has already helped clients like Fanatics generate over $10 million in growth and savings while streamlining reporting.
Ben Eidelson Launches Stepchange, a $3M Seattle Venture Fund to Accelerate Carbon-Cutting Tech Adoption
Ben Eidelson, former tech entrepreneur, launched Stepchange, a Seattle-based climate-focused venture fund investing $100,000-$200,000 in early-stage carbon-reducing startups, aiming to deploy $3 million within 18 months. Eidelson also hosts the Climate Papa podcast and engages the community to accelerate climate technology adoption.
Ben Eidelson, Former Engineer, Launches 'Climate Papa' Initiative to Support Climate Tech Startups in Seattle
Ben Eidelson, known as 'Climate Papa,' left his tech career to invest in and promote climate tech startups, creating a podcast and hosting meetups to engage the community in climate action. He aims to inspire other software engineers to contribute their skills towards addressing the climate crisis.
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Education
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Stanford University BS, MS Electrical Engineering. MS Statistics. PhD (on leave) · 2004–2010
