Venture capital activity on the Puget Sound picked up last week. From AI-powered HR software to tomorrow’s climate tech solutions, check out what these local innovators are building with their fresh cash. This is the Built In Seattle Weekly Refresh.
Tagboard pulled in $4M. Developing cloud-based production software for live broadcasters in areas like sports, news and entertainment, Tagboard is growing with a new injection of funding. The company offers its tech to more than 600 companies, like FOX Sports and UFC, and it has raised a total of $17 million in funding to date. [Geekwire]
Worknet raised $5M. The company syncs with CRM platforms like Salesforce, and helps businesses integrate external communication capabilities into Slack and Microsoft Teams. It also incorporates AI tools for gathering insights from messages. The company launched out of stealth mode with seed and pre-seed funding from investors including Act One Ventures and Founders’ Co-Op. [GeekWite]
Seattle Tech Quote of the Week
“Carbon action and meaningful sustainability initiatives that make a real-world difference are no longer optional for today’s businesses. Today’s launch of Climate Vault Solutions is the logical next step to help us substantially increase our impact while equipping organizations with the tools to take direct action against the climate crisis in a verifiable, quantifiable, and transparent way.” — Jason Grant, president and COO of Climate Vault Solutions
Climate Vault Solutions secured $9.4M. Greentech company Climate Vault equips businesses with a comprehensive platform for carbon calculations, reductions and removals. Its program leverages government-regulated compliance carbon markets to remove carbon in a matter of days. The company launched its solution following its Series A funding round led by the Inclusive Capital Partners Foundation. [BusinessWire]
Humanly got $12M. HR tech platform Humanly is growing following a Series A capital raise led by Drive Capital. The company uses AI to automate the recruitment process, and features tools like SMS chatbots that interact directly with candidates. The company will invest in expanding its engineering and go-to-market teams. [GeekWire]
