September 2019 Venture Deals
Here are the PNW startups that announced new fundraising rounds in the month of September. It’s a long list - people are back at work!
Series B and Later Rounds 🚀
- Clio - cloud-based legal practice management software - $250M Series D led by TCV and JMI Equity
- Trulioo - electronic identity and business verification API - $53M Series C led by Goldman Sachs
- Terramera - manufacturer of alternative pesticides - $45M Series B led by Ospraie Ag Science
- Navigating Cancer - patient relationship management platform - $26M Series D led by Merck
- Faraday Pharmaceuticals - biopharma company developing elemental reducing agents - $25M Series B led by ARCH
- OncoCell MDx - blood-based immuno-genomic assay to assess prostate cancer - $22M Series B led by Savitr Capital
- Bigleaf Networks - cloud-first SD-WAN provider- $21M Series B led by Updata Partners
- Echodyne - metamaterials-based radars for government and commercial markets - $20M Series B1 led by VanEdge
Series A Rounds 🛫
- Maka - autonomous robotic system for weed elimination - $8.9M Series A led by Bolt and Ignition
- Unearth - cloud-based mapping platform - $7M Series A led by Vulcan
- Suplari - spend accountability and financial performance system - $5M Series A led by Workday
- Fitplan - customized fitness programs - $4.5M Series A led by A-Rod and Corazon Capital
- The Shop - car and motorcycle club - $4M Series A
- Cadence Neuroscience - medical device therapies for the treatment of epilepsy - $3M Series A led by JAZZ Ventures
- A-Alpha Bio - synthetic biology platform to accelerate drug development - $2.8M Series A led by OS Fund
- Nomad Go - customer experience software for brick-and-mortar businesses - $2.7M Series A led by Flying Fish Partners
- Coinme - bitcoin ATM network - $1.5M Series A-1 led by Xpring and Blockchain Finance Fund
Seed Rounds 🌱
- Brave Care - children-only urgent care clinics - $5M Seed from Sesame Street, Greycroft, and Founder’s Co-op
- Baubax - online clothing company designing clothes for traveling - $1.3M raised on Kickstarter
- Starform - game developer built around small autonomous teams - $1.25M Seed led by 1Up Ventures
- Kurvv - AI services for small businesses - $1M Seed led by SEMA
Some quick observations from me on this list:
- The three largest deals were all Vancouver-based, and Clio’s Series D was the largest Canadian venture deal ever! Congrats!
- More life sciences and healthcare companies every month
- Really wide range of investors this month, including Sesame Street
- Brian Saab of Unearth had a DL article on how to start a startup and raise money. Exciting to see the strategy working!