June 2020 PNW Venture Deals
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Here are the PNW startups that announced new fundraising rounds in the month of June. These 20 companies raised more than $1.1B last month!
Series B and Later Rounds 🚀
- Sana Biotechnology - Platform to repair and control genes in cells or replace any cell in the body - $700M “initial financing”
- Vacasa - Vacation rental management services - $108M Series D led by Silver Lake
- Athira Pharma - Drug company focused on neurodegenerative diseases - $85.5M Series B led by Perceptive Advisors
- Outreach - Sales engagement platform designed to automate repetitive sales tasks - $50M Series F led by Sands Capital
- Unbounce - Custom landing page builder designed to increase website and campaign conversions - $38.4M round led by Crest Rock
- Thoughtexchange - Crowdsourcing software for surfacing insights from employees, communities, and customers - $30M Series B led by IVP
- HeadLight – Photo-based inspection software for the construction industry - $25.6M Series B led by Viking Global
Series A Rounds 🛫
- Proprio - Computational imaging for precision tasks like brain surgery - $23M Series A led by Data Collective
- DigniFi - Fast, affordable loans for car repairs - $14M Series A led by BuildGroup
- Tackle.io - Platform to help software vendors list in cloud marketplaces - $7.25M Series A led by Bessemer
- Dumpling - Platform for individuals to start, run, and grow a personal shopping business - $6.5M Series A led by Forerunner
- Honey Mama’s - Manufacturer of honey cocoa bars - $5.8M Series A led by Amberstone
- WiBotic - Wireless charging and power optimization systems - $5.7M Series A
Seed Rounds 🌱
- Zeitworks - Software to discover, analyze, and improve customers’ business processes - $4.5M Seed led by Madrona
- DemandStar - Open marketplace for bidding on government contracts - $2M Seed led by Version One
- StrategyBox - Online dashboard for making data-driven decisions - $2M Seed led by Fuel Ventures
- Modento - Cloud-based patient engagement platform for dentists - $1M Seed
- Humanly - Automated platform for candidate screening, scheduling, and engagement - $800K Seed
- Observa - AI platform for providing real time insights into shelf issues- $725K Seed
- DivDot - Online payments for high-value transactions - $500K Seed
M&A and IPOs 💥
- ZoomInfo - B2B database for sales and marketing - $935M IPO
- Integris - Data discovery, classification, and privacy automation software - Acquired by OneTrust
- AnswerDash - Intelligent self-service support software - Acquired by CloudEngage
Thoughts and Observations 🧐
- Investors are back! Tons of later stage deals, tons of early stage deals, and 2020’s largest tech IPO!
- Makes sense that the former CEO, CFO, and President of R&D from Juno ($9B exit) can raise $700M to start a new company. And nice flex to title their press release “Completion Of Initial Financing”
- The only consumer deals were Vacasa, Honey Mama’s, and DigniFi. Everything else was life sciences or enterprise software