Five Seattle companies started off 2020 by raising a combined total of over $88 million in new funding. Analytics software provider Seeq took the top spot with a $24 million Series B.
Read on for details on this month's top equity financing rounds.
#5, $10 million, January 9
Legalpad wants to expedite the process of applying for work visas with its software. The company launched in 2018 and focuses mainly on startups. The company will continue its growth with this new funding.
#4, $16 million, January 7
Madrona Venture Group led the Series A round. The company wants to commercialize its gene sequencing method, which is more accurate than other methods. The funds will allow the startup to grow its infrastructure and partner with pharmaceutical companies.
#3, $18.1 million, January 9
OceanGate wants to expand its fleet of submersibles built for the deep sea so that it can initiate dives to the Titanic shipwreck site beginning next year. The investors in this round were not named.
#2, $20.6 million, January 8
The startup matches homeowners with home improvement professionals to help them spruce up their home so it sells faster and at a better price point. The company launched in 2013 and has acquired several other companies, including Serviz and Kandela. The new funds will help it move toward profitability.
#1, $24 million, January 14
At the top of the list we find Seeq, which provides an analytics software built for engineers and scientists. Saudi Aramco Energy Ventures led the Series B round. The company plans to use the funds to expand its resources and grow its international market.
