As the summer heats up, so has investment in Seattle’s tech scene. This month’s top five deals totaled $217 million. From salon management software to a housing developer, here are the top five raises from August.
#5, $8 million
What they do: Businesses use Ally to outline and monitor the progress on their goals. The software firm helps companies clearly articulate their objectives and key results, follow-up on them through automated reminders, and reflect on their progress through customized reports.
The funding: Ally received $8 million on August 9 to scale its product, engineering, sales and marketing across the U.S. and India.
#4, $20 million
What they do: Zenoti helps salons and spas keep their business fresh. Founded in 2010, the firm offers booking, marketing and management software to customers like Mario Tricoci, the spas at MGM Resorts, Hand & Stone Facial Massages and more.
The funding: Zenoti raised $20 million in venture funding on August 22, bringing total investment in the firm to $91 million. The company plans to use the cash to expand its marketing and artificial intelligence tools, as well as increase its presence in the United Kingdom. It also plans to double its local team of 60 employees.
#3, $23 million
What they do: Blokable is a housing developer and consultant that builds modular, connected homes. Through an online platform, clients can select the type and size of unit they desire—which can range from a studio apartment to large commercial space—and customize their floor plans. Sensors monitor the units continuously, reporting data back to the BlokSense Insights Dashboard, where residents can manage their home's settings.
The funding: Blokable raised $23 million in Series A funding on August 19, bringing total investment in the firm to $34.4 million. The company will use the cash to grow its product development team and open its first manufacturing facility in the U.S.
#2, $25 million
What they do: Mason wants to make it easier for companies to build out their hardware product and bring it to market. The startup helps businesses build and scale smart hardware products by providing the mobile infrastructure, which includes hardware, software and related services.
The funding: Mason raised $25 million in Series A funding on August 14. The firm plans to use the cash to extend its reach in the healthcare, retail, restaurant and logistics industries, as well as explore opportunities in other verticals.
#1, $141 million, August 15
What they do: Flyhomes operates as an end-to-end real estate brokerage firm that uses machine learning and financial tools to make purchasing a home more affordable for the average buyer. The company’s machine learning tool helps home buyers navigate the housing market and find their dream home. Flyhomes then offers the option to front the cash to help customers close the deal.
The funding: Flyhomes completed its $141 million Series B funding round on August 15. The company plans to use the cash to grow its teams, enter new markets and build up its tech products.
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