These five Seattle tech companies raised a combined $214 million in November. With the fresh funding, these companies plan to grow, innovate and make a bigger name for themselves in the world of Seattle tech.
#5. 20 million, November 18
Following its latest funding round, Aloft has raised a total of $25 million to date. Aloft works by using technology to generate more simple and accurate home appraisals. The Seattle and Portland-based company will use funds to invest in its workflow technology and expand its workforce.
#4. $25 million, November 9
Tred is an online car marketplace that allows customers to arrange a test drive, pick up a car or have it delivered without having to visit a dealership. In addition to its buy-and-sell service, the company offers access to a range of auto financing, vehicle protection and fraud protection options. The Series B funding round will be used for product innovation, to expand its market reach and to grow its employee headcount.
#3. $30 million, November 23
CoreStack is continuing to grow its reach and employee headcount following its $30 million Series B funding round. The company developed a cloud software that helps companies manage their cloud operations, and it has previously partnered with big names such as Amazon and Google Cloud.
#2. $54 million, November 10
The Bellevue-based company is known for its gut health kits that allow customers to send a blood and stool sample to a lab to learn more about their health. The company’s $54 million raise will allow for more clinical research to find help and cures for all sorts of health issues.
#1. $85 million, November 1
OctoML has raised $132 million to date following an $85 million Series C round. For businesses that are looking to integrate machine learning into their applications, OctoML provides a machine learning deployment platform. The company will use this fresh funding to grow its team, expand its platform capabilities and partner with new hardware and cloud service providers.
