Despite a quiet month on the venture capital front, a handful of Seattle tech startups made headway with new funding rounds. Read more about the companies that pulled in the largest rounds in January.
#5. $4 million, January 26
This startup’s platform allows long-term health facilities to build, organize and schedule a workforce. As it works to combat the national healthcare labor shortage, Kevala announced the close of a $4 million funding round led by Vulcan Capital. The new money will go toward growing its five-member team.
#4. $10 million, January 20
As e-commerce has been booming since the pandemic, this company’s platform enables businesses that need physical warehouse space to order on-demand warehouse solutions. Its $10 million addition to its Series C brings the round to $80 million. With the funding, Flexe plans to accelerate the development of its tech, bring new solutions to the market and further support e-commerce growth.
#3. $14 million, January 26
This startup helps customer success teams keep their customers engaged with its orchestration platform that works to help businesses monitor and learn about their customers. Usermind closed on a $14 million round led by WestRiver Group last month. With the fresh cash, the company is looking to add new members to its staff with available positions in finance, sales and customer success.
#2. $17 million, January 7
The company just pulled in $17 million in a Series B round led by Bessemer Venture Partners. Its software detects pay disparities between employees of major companies based on traits like race or gender. With the fresh funding, the company plans to develop new solutions for its platform and recruit more talent in product, sales and engineering.
#1. $125 million, January 28
Tanium’s cloud-based cybersecurity platform has gained the company plenty of attention from investors after relocating it headquarters to the Seattle tech scene. With $125 million from Ontario Teachers’ Pension Plan Board, the company is building on a year of achievements, including the launch of its new product and a partnership with Salesforce. The company might put the capital toward establishing new roots in the area and furthering the growth of its business.
