Last month, the startups that raised July’s biggest VC sums in the Seattle area announced big plans alongside their fresh capital. The companies leading the ranking this time brought in a trio of nine-digit rounds. Read on to see what they have planned next.
The company’s AI-driven identity verification solution was created for enterprises with the intent to reduce losses associated with fraud. The platform uses its own proprietary machine-learning algorithm to identify if a photo and face are a match, or if an ID is fake.
Companies on the Seattle tech scene pulled in funding rounds big and small last week and have plenty of plans with the fresh capital. Find out what else is new. This is the Built In Seattle weekly refresh.
This funding comes at a time when interest in Picnic’s pizza-making robot is surging. The company is now hiring for a dozen open tech positions at its Seattle headquarters.
This is Fabric’s second round of funding in just five months, and reportedly brings its valuation to $850 million. The company is now hiring, and plans to use the fresh capital to fuel its global expansion.
