Several Seattle-area tech companies raised fresh capital last week. With plans to expand their product offerings and hire additional staff, these companies have big innovations in the works. Catch up on the latest tech news with the Built In Seattle Weekly Refresh.
Center secured $15M. Bellevue-based Center helps companies automate, track and manage their employee’s expenses in real time with its corporate card. The tech startup will use the Series B funding to expand its product offerings. Center is also actively hiring for several roles. [Built In Seattle]
CHEQ was featured in Built In’s Future 5 series. Founded in 2021 by Tom Lapham, CHEQ’s platform allows friends to purchase a drink, appetizer or meal for someone else without being with them in person. The startup’s platform intends to help people connect with others they care about. CHEQ also offers a payment processing solution for venues and restaurants. It is currently used in several stadiums in Seattle, Miami, Nashville and Washington, D.C. [Built In Seattle]
Seattle Tech Quote of the Week
Impact Bioenergy got $3.6M. Founded in 2013, the renewable energy company manufactures and sells prefabricated, zero waste systems that convert organic materials, including food waste and liquids, into fertilizer and natural gas. The Series A round will help Impact Bioenergy expand its offerings and the manufacturing of its community-scale systems. [PR Newswire]
Needl raised $2.5M. Having recently graduated from Y Combinator, Needl is developing a search platform for individuals, small businesses and enterprises that pulls information from various platforms and apps. The startup raised $2.5 million from Fuse, Y Combinator, SimpleLegal founder Nathan Wenzel and others. Needl was co-founded by three University of Chicago alums Max Keenan, a former investment banker, and Angela Liu and James Liu, both former Microsoft software engineers. [GeekWire]
Adaptiva launched a new autonomous product. The Kirkland-based company offers autonomous endpoint management solutions. Its latest product, Endpoint Patch, is used to automate the software patching process for third-party Windows applications. The solution allows employees and IT teams to focus on other tasks and makes it more difficult for hackers to find vulnerabilities in the applications, according to Adaptiva. [Yahoo!]
