There was no holiday hangover for Seattle tech startups this year. In the first month of 2022, five startups raised a combined $628 million, more than doubling the funds raised in November. Read on to learn more about the startups fueling invocation in the Emerald City.
#5. $40 million, January 25
Atlas Health, a Seattle-based startup that uses AI to match patients with medical financial aid programs, recently closed a $40 million Series A round from Felicis Ventures, GreatPoint Ventures, Tribe Capital, Global Founders Capital and MBX Capital. The new funds will be used to accelerate the company’s go-to-market strategy. Atlas was founded by Ethan Davidoff and prior to the Series A round had raised $2.8 million, according to Crunchbase.
#4. $50 million, January 13
After securing $20 million in a Series A round in 2021, DexCare is in the news again having raised $50 million in a Series B round. The DexCare platform offers enterprise-grade appointment booking capabilities for large and medium-sized hospitals. The platform offers video, phone and in-person medical appointments and can be used in a variety of fields from primary care to urgent care. In a prepared statement, DexCare said the capital from the recent round will be used to fuel innovation for the platform by bringing in new talent as well as developing new products.
#3. $115 million, January 12
Seattle-based SeekOut is the city’s newest tech unicorn after hitting a $1.2 billion valuation. The company saw its valuation rise after securing a $115 million investment led by Tiger Global Management. Seekout’s CEO and co-founder Anoop Gupta said the capital will be used to augment the platform by introducing new solutions for internal mobility and employee retention.
#2. $175 million, January 24
A Place for Mom is a digital platform to connect with senior care professionals. It helps families navigate the various senior living choices and find the best care for their loved ones. Recently, the company announced it closed a $175 million funding round that will be used to accelerate growth.
$1. $248 million, January 13
Productivity and usability are key to Highspot’s sales platform, which has raised $645 million since launching in 2012. Most recently, however, the company closed a $248 million Series F round that valued the company at $3.5 billion. The platform better enables sales teams to store files, analyze data and train team members in one central place instead of relying on various mediums. Highspot announced that the new funds will be used to grow its employee base and also increase demand for the product internationally. Highspot currently has several open positions listed on Built In.
