These 5 Seattle Tech Companies Raised March’s Largest Funding Rounds
From e-learning to fintech, these Seattle tech companies raised the most funding in March. The fresh funds will be used to further innovate the local tech scene, hire additional staff and expand.
#5. $18.5 million, March 16
With Doxo’s platform, users can create payment reminders for bills and make payments directly on the platform. Led by Jackson Square Ventures, the Series C round will use the funds to “aggressively” hire and expand its platform.
#4. $22 million, March 30
Sales Impact Academy (SIA) is a go-to-market e-learning platform for sales and revenue teams. HubSpot Ventures and MIT Investment Management Company co-led the recent $22 million funding round. SIA will put the fresh capital toward accelerating the development and expansion of its learning solutions.
#3. $24 million, March 16
IUNU combines software and AI to help greenhouses and vertical farming companies to keep a more precise track of plant growth and health. Lewis & Clark AgriFood led IUNU’s recent Series B round, which will be used to accelerate future growth initiatives.
#2. $84 million, March 15
Kymeta gained $84 million in a funding round led by Bill Gates. Kymeta, which creates antennas for satellite communications, plans to use this capital to scale its manufacturing operations and sales team.
#1. $100 million, March 8
Swiftly secured a Series B round led by Wormhole Capital. Swiftly’s platform allows individuals to have personalized, online shopping experiences at grocery chains. The company has plans to keep hiring following its latest funding round. It also plans to grow into other industries beyond grocery stores. Other participants in the funding round include The Martin Family, Liquid2 Ventures, Bramalea, Sand Hill Angels, Gaingels, Proof VC, Western Technology Advancements and Silicon Ventures.
