Picket Got $20M, DexCare Raised $75M, and More Seattle Tech News

Catch up on the latest developments from the Seattle tech sector.

Written by Ashley Bowden
Published on Jun. 26, 2023
Picket Got $20M, DexCare Raised $75M, and More Seattle Tech News
Dexcare's Sean O'Connor, cofounder and Chief Commercial Officer; Derek Streat, cofounder and CEO pose for a photo.
Dexcare co-founders CCO Sean O'Connor (left) and CEO Derek Streat (right). | Image: DexCare

Last week on the Puget Sound, tech companies made developments in areas from healthcare to real estate. Find out which companies in these sectors are growing after fresh capital raises. This is the Built In Seattle Weekly Refresh. 

Picket rasied $20M. A new funding round for proptech company Picket will help grow the its real estate investment and property management solution. Picket serves real estate investors with tech to assist with purchasing and managing single-family rentals. Its Series B capital from LL Funds will help it expand its reach. [Built In Seattle]

Seattle Tech Quote of the Week

“We’re just emerging from an unpredictable moment in history that cast a spotlight on a strained U.S. healthcare system. The trauma caused on the frontlines, as health systems rushed to care for their communities, stressed an already high level of provider and nurse burnout. The pandemic taught us that consumers want convenience and choice, and that health systems need controls to manage the supply of care – DexCare delivers both.”—Derek Streat, CEO of DexCare

DexCare pulled in $75M. ICONIQ Growth led a round of Series C funding for DexCare, a platform that uses data intelligence to match patients to the right provider. The company says it serves more than 57 million people across the country, and plans to advance its patient demand and care access software with the new capital. The round brings DexCare’s total funding raised to $146 million. [Business Wire]

Outbound AI secured $16M. Operating within the healthcare industry, Outbound AI builds AI-powered virtual agents to perform repetitive administrative tasks. Its solution works to save human workers time for higher-value work. The company’s seed raise from lead investors Madrona Venture Group and SpringRock Ventures will help fuel the growth of its generative AI solution. [Business Wire]

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