E-commerce, virtual event, fintech startups heat up – GeekWire

E-commerce, virtual event, fintech startups heat up – GeekWire

E-commerce, virtual event, fintech startups heat up – GeekWire

The beginning of summer this year feels unlike any other. After more than a year of lockdowns, states are reopening, travel is picking up, and employees are returning to the office.

Also unique: record-breaking investment and M&A activity across the country and in Seattle, as companies take advantage of pandemic-driven trends such as virtual experiences, at-home healthcare, remote education and more.

The latest GeekWire 200 rankings highlight these trends, especially among newer startups. Here’s a look at the latest update to our list of privately held tech companies based in the Pacific Northwest.

The top 10

  • Mobile remittance company Remitly remains one of the top-ranked startups at No. 3 on the GeekWire 200. However, news of a proposed IPO indicates that the fintech startup, last valued at $1.5 billion, will soon join other companies that have gone public or been acquired as a “graduate” of the list.
  • Hootsuite, the widely used social media management platform and a star of the Vancouver, B.C. startup scene, debuted this month at No. 6. The private company is a recent addition to the GeekWire 200 rankings, part of an ongoing project to update our comprehensive Startup List and community resources.
  • Digital trucking platform Convoy moved up one spot to No. 7. With strong Amazon DNA and $668 million in funding, Convoy had a valuation of $2.75 billion as of November 2019. It recently hired longtime Amazon tech leader Dorothy Li as CTO.
  • Moz, previously ranked at No. 10, “graduated” from our monthly ranking following its recent acquisition by iContact Marketing.

The biggest movers

These companies made major gains in the rankings this month:

Making headlines and the list

In addition to Hootsuite, these 10 companies made their debut on the GeekWire 200 this month:

Also making their debut this month are: Magnolia Medical (No. 190), Eclypsium (No. 191), OneEnergy Renewables (No. 197), Quantivate (No. 198) and iGMS (No. 199).

About the GeekWire 200

The GeekWire 200 is derived from our broader list of more than 1,300 Pacific Northwest tech startups, including Washington, Oregon and Idaho, and British Columbia. The rankings are generated from publicly available data, including social media followings, approximate employee counts (via LinkedIn) and inbound web links.

If you value resources like these, please consider becoming a GeekWire Member.

Also, be sure to check out our list and map of out-of-town tech companies with Seattle engineering outposts as well as our list of startup incubators, co-working spaces and accelerators in the region, startup fundings, and our GeekWork job board.

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