Weekly refresh: Seattle's newest unicorn closes with $115 million funding

by Sophie Kalt
July 22, 2019
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icertis

Make way for another Seattle unicorn. Icertis raised $115 million, sending the contract software company's value to over $1 billion. The latest funding will be used to deepen the platform's capabilities and invest in its blockchain framework. It will also go toward international marketing and strategic acquisitions efforts. [Built In Seattle]

Another contract management company closed its seed round. Lexion closed $4.2 million to launch their software, which automatically analyzes contracts and highlights important information. Lexion differentiates itself from the pack by working with “high-growth emerging companies.” [Built In Seattle]

Amperity snags $50 million to help big brands learn about their customers. Amperity helps companies understand who they are marketing to by using AI tools that collect customer data. The latest funds will be used to build out Amperity’s existing products. [Built In Seattle]

Seattle scored second place in CBRE’s 2019 Tech Talent Report. Seattle is ranked right behind the Silicon Valley. According to the report, Seattle is the most educated city in the country, and it brought over 15,000 tech employees from other cities in the last five years. [Built In Seattle]

OfferUp announced a new feature to compete with eBay, Facebook and Craigslist. The new feature called “Hold Offers” allows buyers to reserve their payment with an authorized method in advance before buying in person. This feature is aimed at helping buyers ensure they are buying from someone credible. They can then complete the payment in-person with a QR code. [GeekWire]

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