Here are some of the top Seattle startups to watch out for in 2019 that were also the highly funded startups in the city. Almost every other Seattle based startup from this list belongs to the software segment which is a clear indicator that the SaaS sub-sector rules the roost in the Seattle?s tech sector.
Seattle’s startup ecosystem has seen unparalleled growth in recent years, thanks to the growing tech sector within it. The city of Seattle boasts of hosting some of the top startups to watch out for in 2019 and tech giants like Amazon and Microsoft. Many of these companies are being keenly watched for any developments in the coming year because of the investments it attracted last year.
Top Seattle Startups to Watch out for in 2019
This top startup from Seattle is one of the first few entrepreneurial ventures of the city that has helped in shaping the regional startup ecosystem. Spaceflight Industries is a private satellite company that facilitates cost-effective access to space and is one of the top Seattle startups to watch out for in 2019. Jason Andrews and Marian Joh founded the affordable satellite solutions company in an attempt to introduce rideshare satellite launches. The top startup from Seattle secured $150 million in 2018 from Mitsui and Co.; the funds are to be directed for the development of an imaging constellation called BlackSky Constellation. Till date, the Seattle based startup has raised $203.5 million and has made one acquisition (OpenWhere, 2016).
Qumulo is a Seattle based startup that develops enterprise-level data storage systems that are efficient and more scalable. Founded by Peter Godman, Aaron Passey, and Neal Fachan in 2012, this top startup from Seattle has attracted total investments of $223.3 million till date. Qumulo offers new age data storage technology solutions with features like real-time data management and a hybrid cloud approach. One of the top Seattle startups to watch out for in 2019, the data storage startup completed it Series D round of funding in 2018 raising $93 million. The lead investor for this round was BlackRock Private Equity Partners; the Series D also featured participation from prominent other investors – Goldman Sachs and Madrona Venture Group.? The company’s growth and its innovative services have helped the company to become a leader among the top Seattle startups to watch out for in 2019.
The next top startup from Seattle is Outreach, which was born when its founders Andrew Kinzer, Manuel Medina, Wes Hather, and Gordon Hempton were looking to achieve their sales target at an unprecedented speed. They built Outreach out of necessity leading to the development of a software company which is now one of the top Seattle startups to watch out for in 2019.? The software helps in effectively optimizing sales and marketing processes to help enterprises achieve revenue targets. There has been a lot of buzz about the Seattle based startup after its Series D round of funding this year. Outreach got investments worth $65 million in this round which was led by Spark Capital and featured existing investors like DFJ Growth, Microsoft Ventures and Trinity Ventures among the others.
98point6 is a top startup from Seattle which offers text-based primary healthcare with the use of an app. The health tech startup aims to make primary healthcare affordable and easily accessible to all through an app that is beneficial for physicians as well as patients. The Seattle based startup completed its Series C round of funding on a high note by bringing in an investment of $50 million from lead investor Goldman Sachs.? Since its inception in 2015 by Robbie Cape, the company has risen to become one of the top Seattle based startups to watch out for in 2019. With total investments of $83.6 million in its kitty, 98point6 plans to expand to new states in America with the fresh funds.
SkyKick, founded by Brad Younge, Evan Richman, and Todd Schwartz is a cloud management software company whose recent funding rounds have made it one of the top Seattle startups to watch out for in 2019.? The company aids in creating successful and high impact cloud-based businesses with its disruptive software. Launched in 2011,? the top startup from Seattle has attracted investments amounting to $67.5 million so fartop startup from Seattle. SkyKick targets medium and small sized businesses and plans to advance its product offering from the $40 million it received in May 2018. The Seattle based startup is already partnering with over 20,000 enterprises in providing effective cloud management services and products.
One of the top Seattle startups to watch out for in 2019, Silverback Therapeutics, is also a top startup in the biotech sector that has raised funding this year. The company?s unique services and lead in developing biological pathways that are capable of facilitating effective location-specific treatment for diseases like cancer and fibrosis among the others is what makes it one of the top Seattle startups to watch out for in 2019. Silverback Therapeutics was founded in 2016 by Peter Thompson and has already raised more than $45 million in funding. The company unveiled its technology for the first time in September 2018 wherein Seattle based startup also announced its securing of $37.5 million. The novel biotech company received this amount from new investors – Celgene and Alexandria Investment Partners.
Named among the top startups for 2018 by LinkedIn and one of the top Seattle startups to watch out for in 2019, Highspot is a leading AI-based sales enablement software. The company was established by David Wortendyke, Oliver Sharp, Robert Wahbe,? and Scot Gellock in 2012? and has recently completed its Series C round of funding in September 2018. Lead investor LeadView helped this Seattle based startup raise $35 million in this round which will be directed towards the further development of the AI technologies used by the company. Highspot counts the likes of Twitter, TripAdvisor, Sap Concur and Falcon.io in its growing list of clients.
Tango Card warrants itself a place among the top Seattle startups to watch out for in 2019 with its innovative and practical fintech services. The company offers digital reward solutions for companies and has a total investment of $54.8 million till date. The Seattle based startup offers a reward delivery platform that employees of a company can use to redeem rewards based on their preference and allowing companies to stretch their paycheques with the platform. Tango Card was in the spotlight this year for the $35 million it raised in private equity from FTV Capital. The company was founded by David Leeds in 2010 and has shown a 1200% growth since then.
This Seattle based startup is a dynamic customer experience platform that seeks to increase revenues and help businesses grow by monitoring customer journeys in real time. In January 2018, Usermind raised $23.5 million in Series C which was led by Northgate Capital and also had Menlo Ventures, ?Matt Murphy, Hosein Khajeh Hossein, Andreessen Horowitz, and? CRV participating in it. The industry is keen to see what areas the company will direct the fresh funds to, making it one of the top Seattle startups to watch out for in 2019. Usermind was founded in 2013 by Michel Feaster (CEO) and Przemek Pardyak and offers its services to companies like Schneider Electric,? Forber, CNBC,? and the New York Times among the other.
JetClosing, a Seattle based startup, is a home closing startup that leverages the technology available to offer transparent and fast home closing procedures. The company was founded in 2016 by Daniel Greenshields and is being counted among the top Seattle startups to watch out for in 2019 owing to the funds it raised this year. The platform is ideal for both home buyers and real estate professionals who want a hassle-free home buying process which is free of any loopholes. The Seattle based startup has completed three funding rounds so far, raising $20 million in its recent Series A round which was led by T. Rowe Price.
These top Seattle startups to watch out for in 2019 cumulated in the list are some of the many companies in the city that received funding this year. The city has a robust range of government initiatives, a wealthy investors? community, and tech leaders which every Seattle based startup can make use of to get noticed in the coming years especially in the area of funding.
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