Seattle is one of the most famous startup cities in the world, with a range of positive factors influencing their startup ecosystem. Seattle startups have regularly achieved huge success in the markets and the city is regularly pumping out more and more top startups as the years go by. As a result of these factors, many startups in Seattle are rapidly growing and attaining Unicorn status.
One of the factors that leads to success for Seattle startups is the mass availability of VC funding, with more than 170 VC firms operating in the city at any given time. Furthermore, smaller and more infantile startups are able to get support from the range of incubators and accelerators in the city that helps these startups turn their concepts into reality.
The local government in Seattle is always attempting to find new and innovative ways to back startups in the city. One such example of this is the range of small business programs offered by the government such as BINW. Entrepreneurs can get access to a range of funding and support opportunities to help their business reach the next level.
1. Starfish Space
Year Founded: 2019
HQ: Seattle, Washington, USA
Size: 1-10
Founders: Trevor Bennett, Austin Link
Starfish Space is a Seattle startup that was founded in 2019 and is currently based in the city of Seattle. The company works in the aerospace sector and is developing solutions for orbit-based tugs, which can provide essential services like maintenance of and refuelling of satellites and other orbital vehicles. The company is making it more effective to travel out into space.
The team at the startup have done a good job of raising startup funding since it was founded, with the company securing total investment worth $21.5 Million to further develop their technology and their services.
2. Karat
Year Founded: 2014
HQ: Seattle, Washington, USA
Size: 101-250
Founders: Mohit Bhendhe, Jeffrey Spector
Karat is a startup in Seattle that was founded in 2014 and is still based in the North-American city. The company works in the HR market and provides cloud-based solutions to help businesses to conduct better interviews with candidates, to reduce waste in the hiring process and ensure that companies are getting the best available talent to advance and excel.
The team at Karat have done a great job of selling their business model to investors, with the company raising a total of $169.1 Million in funding since being founded. This funding was achieved with the support of 20 investors.
3. Vouched
Year Founded: 2018
HQ: Seattle, Washington, USA
Size: 11-50
Founders: John Baird
Vouched is a Seattle startup that was founded in 2018 and is still currently based in the Washington city. The company works in the cybersecurity market and provides its customers with robust identity solutions so that their clients can be assured that only their real employees and agents are trying to access their systems. This reduces the chance of potential attacks and helps businesses to keep their key information safe.
The team has been very effective in raising startup funding since being founded, with the business raising a total of $18.2 Million in startup funding for growth and development. This funding was attained with the help of eleven investors.
4. Truveta
Year Founded: 2018
HQ: Seattle, Washington, USA
Size: 51-100
Founders: Terry Myserson
Truveta is a startup in Seattle that was founded in 2018 and is currently based in the city of Seattle. The company works in the medical sector and is helping to save lives through the provision of their data services. Their data services allow medical professionals to access and analyse key data to study the care delivered to patients and deliver better professional outcomes.
The team has been incredibly effective at raising startup funding since being founded, with a total of $195 Million being raised during that period of time. This funding was made possible by the backing of seventeen investors.
5. Arrived Homes
Year Founded: 2019
HQ: Seattle, Washington, USA
Size: 51-100
Founders: Ryan Frazier, Kenny Cason, Alejandro Chouza
Arrived Homes is a Seattle startup that was founded in 2019 and is currently based in the Northern US city. The company works in the property market and makes it easier for people to invest in real estate. Specifically, holiday and rental homes. This allows customers to buy fractional shares in properties and get access to a percentage of the rental income generated by the property. This is helping cash-strapped people to get involved in the property market.
The company has shown that investors are very willing to back their project, with the company raising a total of $162.1 Million since being founded. This funding was made possible with the support of 12 investors.
6. Shipium
Year Founded: 2019
HQ: Seattle, Washington, USA
Size: 51-100
Founders: Jason Murray, Mac Brown
Shipium is a Seattle startup that was founded in 2019 and is currently based in the city of Seattle. The company works in the shipping and logistics markets, helping retailers and brands to get their ecommerce products to their customers much quicker and more cost effectively. This helps them to create better customer experiences and experience more repeat business.
Investors have shown that there is a strong desire for the services that Shipium is offering. This is evidenced by the fact that the company has managed to raise a total of $37.5 Million in funding since being founded, which was made possible with the backing of six investors.
7. OctoML
Year Founded: 2019
HQ: Seattle, Washington, USA
Size: 101-250
Founders: Luis Ceze, Tianqi Chen, Jason Knight, Jared Roesch, Thierry Moreau
OctoML is a Seattle startup that was founded in 2019 and still maintains its headquarters in the city. The company works in the AI and ML market and helps developers to improve their model optimization and automation, so they can deploy their ML models to various hardware components quickly and easily. They even offer their first optimization to you for free, which helps to get you started.
The team has done a brilliant job of generating startup funding, with the company raising a total of $131.9 Million in startup funding since being founded. This funding was achieved with the backing of four investors.
8. DevZero
Year Founded: 2021
HQ: Seattle, Washington, USA
Size: 11-50
Founders: Demospit Ray, Rob Fletcher
DevZero is a Seattle startup that was founded in 2021 and still maintains its headquarters in the city. The company works in the DevOps market and has developed a solution that allows customers to create better products by creating development environments that are more akin and closely aligned to the production environments, which also leads to fewer errors when coding.
DevZero has done incredibly well when raising startup funding, since being founded, the company has managed to raise a total of $26 Million in that time. This funding was made possible with the backing of four investors.
9. Rebellyous Foods
Year Founded: 2017
HQ: Seattle, Washington, USA
Size: 11-50
Founders: Christie Lagally
Rebellyous Foods is a Seattle startup that was founded in 2017 and is currently based in the city of Seattle. The company is making the meat-free market tastier by offering a range of meat-free alternatives that taste as close to the real thing as possible. This helps to save the lives of animals around the world and will also have a positive impact on climate change due to decreased emissions.
Investors have shown a good appetite by the offering of the team, with the company managing to raise a total of $45 Million in startup funding since being founded, with this investment coming from the support of 19 investors that have backed the company.
10. Swiftly
Year Founded: 2018
HQ: Seattle, Washington, USA
Size: 101-250
Founders: Jonathan Simkim, Henry Kim
Swiftly is a startup in Seattle that was founded in 2018 and is currently still based in the city. The company works in the technology market and provides retail business customers with turnkey solutions that can improve the efficiency of their stores and help them to increase their overall profits. This helps retailers to try and compete with their rivals in the ecommerce market.
The team at Swiftly have been very effective in raising startup funding, with the company managing to successfully raise a total of $215.6 Million since being founded. This funding was achieved with the support of 15 investors.
11. Rainway
Year Founded: 2017
HQ: Seattle, Washington, USA
Size: 11-50
Founders: Andrew Sampson
Rainway is a Seattle startup that was founded in 2017 and is currently still based in the city. The company has developed a web-based game streaming service. This service allows gamers to play their favourite PC-based games on a range of different devices so they can play these games wherever they are in the world, so long as they have a device and an internet connection.
Since being founded, the company has done a great job of raising startup funding in that time. In total, the business has managed to raise a total of $5.1 Million in startup funding to improve its offering. This funding was achieved with the backing of a pair of investors.
12. QA Wolf
Year Founded: 2019
HQ: Seattle, Washington, USA
Size: 51-100
Founders: Laura Cressman, Scott Wilson, Jon Perl
QA Wolf is a startup in Seattle that was founded in 2019 and still maintains its headquarters in the city. The company operates in the DevOps market and has developed a platform that automatically tests your products and reduces the likelihood of bugs appearing, helping you to achieve 80% coverage in a matter of months. This gives developers more time to focus on other tasks.
The startup has already seen great success in raising startup funding since being founded. This funding culminated in a total of $20.1 Million being raised by the company, with this funding being backed by seven investors.
13. Lexion
Year Founded: 2019
HQ: Seattle, Washington, USA
Size: 51-100
Founders: Gaurav Oberoi, Emad Elwany
Lexion is a Seattle startup that is based in the city and was founded in 2019. The company works in the technology market and has developed a range of solutions to help companies to create and agree contracts more quickly through the use of a digital ecosystem. The jobs of entire departments, such as sales, HR, legal and more are accelerated to allow for better efficiency.
The team at Lexion have done a great job of raising startup funding since founding the company, with a total of $15.2 MIllion being raised in that time. This funding was achieved with the support of three investors.
14. Spice AI
Year Founded: 2021
HQ: Seattle, Washington, USA
Size: 1-10
Founders: Luke Kim
SpiceAI is a startup in Seattle that was founded in 2021 and is currently still based in the city. The company operates in the DevOps market and is providing a solution to help developers create blockchain and web 3.0 ecosystems and the next generation of decentralized applications. They are already being used by some of the leading web 3.0 developers around the world.
The team at the startup have been very effective in raising startup funding since being founded, with a total of $14.6 Million being raised in that time. This funding was achieved with the backing of 21 investors.
15. Logixboard
Year Founded: 2016
HQ: Seattle, Washington, USA
Size: 101-250
Founders: Julian Alvarez
Logixboard is a startup in Seattle that was founded in 2016 and is currently still headquartered in the city. The company operates in the supply chain market and provides solutions to help companies to help products get through customs easily and get to their end users quickly and with minimal fuss. Their software platform leads to improved customer outcomes and retention.
Logixboard has done very well in raising startup funding since being founded, with the company raising a total of $50.8 Million in that time. This funding was made possible with the support of nine investors.
16. Stoke Space
Year Founded: 2019
HQ: Seattle, Washington, USA
Size: 11-50
Founders: Andrew Lapsa, Thomas Feldman
Stoke Space is a Seattle startup that was founded in 2019 and is currently still based in the city. The company works in the aerospace market and is aiming to improve the current state of space exploration by tackling the problem of space waste. To tackle this problem, the company has developed a range of rockets that are 100% reusable, making space travel more sustainable in the long-term.
Investors have been very intrigued by the offering presented by the company, which has allowed the team to raise a total of $75.2 Million in startup funding since being founded. This funding was achieved with the support of 24 investors.
17. Syndio
Year Founded: 2016
HQ: Seattle, Washington, USA
Size: 101-250
Founders: Zev Eigen
Syndio is a startup in Seattle that was founded in 2016 and is still based in the city. The company is aiming to solve the problem of inequitable workplaces and is achieving this through their software platform which helps businesses to measure the levels of equity in their business and make changes when they're falling short of their responsibilities.
The team at Syndio have done a great job of raising startup funding since being founded, with the company raising a total of $83.4 Million in that time. This funding was achieved with the support of 17 investors.
18. Edge Delta
Year Founded: 2018
HQ: Seattle, Washington, USA
Size: 51-100
Founders: Ozan Unlu, Fatih Yildiz
Edge Delta is a Seattle startup that was founded in 2018 and is currently based in the city. The company has created a platform that helps businesses to manage their data observability. This is achieved through advanced monitoring, with issues being immediately flagged for action. They are already being trusted by large companies worldwide to manage their data.
The team at Edge Delta have been very successful in raising startup funding for the company, with a total of $81 Million being raised since it was founded. This funding was achieved with the support of ten investors.
19. Common Room
Year Founded: 2020
HQ: Seattle, Washington, USA
Size: 11-50
Founders: Linda Lian, Francis Luu, Viraj Mody, Tom Kleinpeter
Common Room is a startup in Seattle that was founded in 2020 and still maintains a HQ in the city. The company works in the marketing sector and has developed a platform that allows marketers to get complete visibility into interactions across a variety of different channels. This allows marketers to create better customer journeys that lead to increased sales.
The team at the startup have done a great job of raising startup funding since the company was founded, with a total of $52.9 Million being raised in that time. This funding was achieved with the support of eight investors.
20. Umoja Biopharma
Year Founded: 2019
HQ: Seattle, Washington, USA
Size: 101-250
Founders: Andrew M. Scharenberg
Umoja Biopharma is a Seattle startup that was founded in 2019 and still maintains its headquarters in the city. The company is pioneering new research into the applications of immunotherapy through its research into reprogramming T-Cells in individuals in controlled environments. One such use case is the targeting of cancerous cells to induce increased remission.
Investors have been heavily supporting the company's research, which has led to the team managing to raise a total of $263 Million in startup funding since being founded. This funding was achieved with the support of 11 investors.
21. Nori
Year Founded: 2017
HQ: Seattle, Washington, USA
Size: 1-10
Founders: Christophe Jospe, Paul Gambill, Ross Kenyon
Nori is a Seattle startup that was founded in 2017 and is currently based in the city. The company has developed a carbon dioxide removal marketplace. The aim behind the business is to remove the global impact seen by climate change by offering incentives for removing carbon emissions.
The company has seen investors back the business heavily, believing in its mission. This has allowed the company to raise a total of $12.4 Million since being founded. This funding was achieved with the support of eight investors.
FAQs
How Many Startups Are There in Seattle?
There are currently more than 600 tech startups in Seattle.
What is the Average Investment in Seattle Startups?
The average Seed Funding round in Seattle is $1.4 Million and the average Series A is worth $7 Million.
What Startup Industries Are The Strongest in Seattle?
The main startups industries in Seattle are Healthcare, Marketing & Sales and Software & Data.
