Startups

Remitly lands investment from Visa amid reports of IPO preparation – GeekWire

Remitly lands investment from Visa amid reports of IPO preparation – GeekWire Seattle mobile remittance startup Remitly landed an undisclosed equity investment from Visa. The companies previously partnered in 2019 and have extended that partnership; Visa cited the deal in its earnings call last month. The investment comes as Remitly is reportedly preparing to go …

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Seattle teen entrepreneurs sell their health-tech startup and take a break from college – GeekWire

Seattle teen entrepreneurs sell their health-tech startup and take a break from college – GeekWire

Seattle teen entrepreneurs sell their health-tech startup and take a break from college – GeekWire Sage Khanuja, left, and Nikolas Ioannou, the founders of Seattle-based Spira. (Spira Photo) The news: Seattle entrepreneurs Sage Khanuja, 17, and Nikolas Ioannou, 18, have sold their telemedicine startup Spira to Galileo, a New York-based healthcare company. “To be honest, I didn’t …

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Madrona Venture Labs raises $8M, unveils plan to turn its investors into co-founders of spinouts – GeekWire

Madrona Venture Labs raises $8M, unveils plan to turn its investors into co-founders of spinouts – GeekWire

Madrona Venture Labs raises $8M, unveils plan to turn its investors into co-founders of spinouts – GeekWire The Madrona Venture Labs team, clockwise from left: Flora Ku, Keith Rosema, Maria Hess, Henry Huang, Mike Fridgen, Jay Bartot, Jason Flateboe. (Madrona Venture Labs Photo) The news: Madrona Venture Labs, the startup studio associated with Madrona Venture …

Madrona Venture Labs raises $8M, unveils plan to turn its investors into co-founders of spinouts – GeekWire Read More »

Sales tax compliance and audit startup LumaTax raises $4M – GeekWire

Sales tax compliance and audit startup LumaTax raises $4M – GeekWire

Sales tax compliance and audit startup LumaTax raises $4M – GeekWire LumaTax CEO Robert Schulte. (LumaTax Photo) New funding: LumaTax landed $4 million in new funding led by Trilogy Equity Partners. The 4-year-old startup that spun out of Seattle’s Pioneer Square Labs initially targeted small businesses to automate their sales tax reporting process. But over …

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MoneyGram now lets people buy and sell bitcoin through deal with Seattle startup Coinme – GeekWire

MoneyGram now lets people buy and sell bitcoin through deal with Seattle startup Coinme – GeekWire The news: Money wiring service giant MoneyGram inked a deal with Coinme to let customers buy or sell bitcoin with cash at more than 12,000 brick-and-mortar locations across the U.S. “This is a major milestone for the bitcoin and …

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Seattle startup Jargon sells IP to Remitly; founders will join remittance company – GeekWire

Seattle startup Jargon sells IP to Remitly; founders will join remittance company – GeekWire

Seattle startup Jargon sells IP to Remitly; founders will join remittance company – GeekWire Jargon CEO Milkana Brace. (Jargon Photo) The news: Seattle mobile remittance company Remitly has acquired intellectual property from Jargon, a Seattle startup that developed an enterprise platform for chat and voice services. Jargon co-founders Milkana Brace and Jonathan Burstein will join …

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UW spinout Jeeva unveils new sensor data streaming tech – GeekWire

UW spinout Jeeva unveils new sensor data streaming tech – GeekWire

UW spinout Jeeva unveils new sensor data streaming tech – GeekWire Jeeva’s Parsair wireless chip. (Jeeva Photo) The news: Jeeva, the Seattle startup founded by University of Washington researchers, has developed what it’s calling the world’s lowest power wireless chip for streaming real-time sensor data, the company announced this week. Why it’s a big deal: …

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Auto parts data platform PDM Automotive raises $4M after doubling revenue in 2020 – GeekWire

Auto parts data platform PDM Automotive raises $4M after doubling revenue in 2020 – GeekWire

Auto parts data platform PDM Automotive raises $4M after doubling revenue in 2020 – GeekWire PDM is led by founders Johannes Crepon and Philipp Crepon. (PDM Photos) New funding: PDM Automotive, a 3-year-old company that runs an automotive product data platform for manufacturers and receivers, raised a $4 million round led by FUSE. The startup provides information …

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Recurrent lands R&D grant to bolster its battery data that helps used electric car shoppers – GeekWire

Recurrent lands R&D grant to bolster its battery data that helps used electric car shoppers – GeekWire

Recurrent lands R&D grant to bolster its battery data that helps used electric car shoppers – GeekWire (Flickr Creative Commons Photo / Ivan Radic) New funding: Recurrent, a platform for helping people make informed choices when buying used electric vehicles, was awarded a $256,000 grant from the National Science Foundation (NSF). The money is a …

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