These 5 Seattle Tech Companies Raised a Total of $43M in February

Read about the top five funding rounds in Seattle for February of 2020.

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Published on Mar. 02, 2020
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This month, the top five Seattle funding rounds made a combined total of $43 million. Transparent Systems took the top spot with a $14 million Series A. Read on for the details on all five of February’s top VC rounds.

 

#5. $3 million, February 4

The logistics company offers partial truckload shipping to make it easier for companies to save on small shipments. Madrona Venture Group and 8VC led the seed funding round. The startup launched in 2019.

 

#3 (tied). $8 million, February 4

The machine learning startup helps data scientists and data engineers collaborate. The Series A round brought its total raised to $9.8 million. It plans to hire a few more employees and improve its platform with the new funds.

 

#3 (tied). $8 million, February 21

The cybersecurity startup created a platform aimed at preventing attacks before they happen. The funds will help it grow in its current markets and expand into new ones.

 

#2. $10 million, February 11

It uses AI and natural language processing to help businesses efficiently create contracts, reports and more. The seed funding round was its first major one from outside investors. SignalFire led the round.

 

#1. $14 million, February 5

The fintech startup spun out of Vulcan Capital and wants to change the way money is moved around among financial institutions. It announced the Series A round and also exited stealth mode. With the funds, it plans to expand overseas and accelerate its product development.

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