In Seattle, many creative startups are changing different industries. This list shares the top 11 unicorns in Seattle, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Seattle a center of innovation. Learn about the amazing companies that call Seattle home.
List of Top 11 Unicorns in Seattle
1. Outreach
An American sales engagement and communication platform that provides sales and marketing solutions for businesses.
Company Details:
- Country: United States
- Valuation: $4.40B
- Industry: Internet software & services
- Founded Year: 2011
- Total Funding Raised: $489.78M
- Joined Unicorn Club: 4/16/2019
- Key Investors: Mayfield Fund, M12, Trinity Ventures
- Total Investors: 27
- Total Funding Deals: 9
- Website: https://www.outreach.io/
2. Rec Room
An American virtual reality social gaming platform that provides social and gaming experiences for users in VR.
Company Details:
- Country: United States
- Valuation: $3.50B
- Industry: Internet software & services
- Founded Year: 2016
- Total Funding Raised: $294.82M
- Joined Unicorn Club: 3/23/2021
- Key Investors: First Round Capital, Sequoia Capital, Index Ventures
- Total Investors: 13
- Total Funding Deals: 3
- Website: https://recroom.com/
3. Highspot
An American sales enablement platform that provides sales and marketing solutions for businesses and enterprises.
Company Details:
- Country: United States
- Valuation: $3.50B
- Industry: Internet software & services
- Founded Year: 2013
- Total Funding Raised: $652.85M
- Joined Unicorn Club: 2/22/2021
- Key Investors: Madrona Venture Group, Shasta Ventures, Salesforce Ventures
- Total Investors: 13
- Total Funding Deals: 5
- Website: https://www.highspot.com/
4. Convoy
Convoy is a US-based digital freight network that connects shippers and carriers to optimize the trucking industry. The company’s platform uses AI and machine learning to match freight with carriers, improving efficiency and reducing waste. Convoy has partnerships with leading logistics companies and has raised significant funding to support its growth.
Company Details:
- Country: United States
- Valuation: $2.75B
- Industry: Supply chain, logistics, & delivery
- Founded Year: 2015
- Total Funding Raised: $675.46M
- Joined Unicorn Club: 9/21/2018
- Key Investors: Greylock Partners, capitalG, Y Combinator
- Total Investors: 43
- Total Funding Deals: 4
- Website: https://convoy.com/
5. First Mode
First Mode is a US-based engineering and technology company that provides solutions for space exploration, energy, and infrastructure. The company’s platform includes features such as advanced design and modeling, robotics and automation, and data analysis, with a focus on enabling innovative solutions for complex challenges. First Mode has partnerships with leading space and technology companies and has gained significant recognition for its work.
Company Details:
- Country: United States
- Valuation: $1.50 B
- Industry: Other
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 12/7/2022
- Key Investors: Anglo American
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.firstmode.com/
6. Rad Power Bikes
Rad Power Bikes is a US-based electric bike company that provides solutions for transportation and recreation. The company’s platform includes features such as e-bike sales, rentals, and financing, with a focus on enabling individuals to reduce their carbon footprint and experience the benefits of cycling. Rad Power Bikes has partnerships with leading sustainability and transportation companies and has gained significant recognition for its innovative approach to e-bikes.
Company Details:
- Country: United States
- Valuation: $1.40 B
- Industry: Auto & transportation
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 10/28/2021
- Key Investors: Durable Capital Partners, Cercano Management, T. Rowe Price
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.radpowerbikes.com/
7. Swiftly
Swiftly is a US-based transportation technology company that provides solutions for public transit data analytics and real-time information. The platform includes features such as vehicle tracking, passenger flow analysis, and real-time transit data communication, with a focus on enabling transit agencies to improve efficiency, reliability, and passenger experience. Swiftly has partnerships with leading transit agencies and technology companies and has gained significant recognition for its innovative approach to transit technology.
Company Details:
- Country: United States
- Valuation: $1.20 B
- Industry: Mobile & telecommunications
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 9/19/2022
- Key Investors: Mendacre, BRV Capital Management, Liquid 2 Ventures
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.goswift.ly/
8. Qumulo
Qumulo is a US-based data storage and management company that provides solutions for managing and scaling unstructured data. The platform includes features such as real-time analytics, file-level visibility, and hybrid cloud support, with a focus on enabling organizations to store, manage, and analyze their data more effectively. Qumulo has partnerships with leading technology and cloud providers and has gained significant recognition for its innovative approach to data storage and management.
Company Details:
- Country: United States
- Valuation: $1.20B
- Industry: Data management & analytics
- Founded Year: 2012
- Total Funding Raised: $345.5M
- Joined Unicorn Club: 7/16/2020
- Key Investors: Madrona Venture Group, Kleiner Perkins Caufield & Byers, Highland Capital Partners
- Total Investors: 12
- Total Funding Deals: 5
- Website: https://qumulo.com/
9. Karat
Karat is a US-based technology company that provides solutions for conducting high-quality technical interviews. The platform includes features such as expert interviewers, data-driven candidate evaluation, and seamless interview scheduling, with a focus on enabling companies to hire top technical talent. Karat has partnerships with leading technology and staffing organizations and has gained significant recognition for its innovative approach to technical interviewing.
Company Details:
- Country: United States
- Valuation: $1.10B
- Industry: Internet software & services
- Founded Year: 2014
- Total Funding Raised: $151.6M
- Joined Unicorn Club: 10/13/2021
- Key Investors: 8VC, Norwest Venture Partners, Tiger Global Management
- Total Investors: 8
- Total Funding Deals: 2
- Website: https://karat.com
10. Flexe
Flexe is a US-based logistics platform that provides solutions for warehousing and fulfillment services. The platform includes features such as on-demand warehousing, inventory management, and shipping optimization, with a focus on enabling businesses to scale their operations and improve efficiency. Flexe has partnerships with leading logistics and technology organizations and has gained significant recognition for its innovative approach to warehousing and fulfillment.
Company Details:
- Country: United States
- Valuation: $1.00 B
- Industry: Supply chain, logistics, & delivery
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 4/21/2022
- Key Investors: Redpoint Ventures, Prologis Ventures, Madrona Venture Group
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.flexe.com/
11. Amperity
Amperity provides a customer data platform that helps companies unify and analyze customer data from multiple sources. Their platform uses AI and machine learning to provide insights and recommendations to improve customer engagement and retention.
Company Details:
- Country: United States
- Valuation: $1B
- Industry: Artificial intelligence
- Founded Year: 2016
- Total Funding Raised: $217.3M
- Joined Unicorn Club: 7/13/2021
- Key Investors: Madrona Venture Group, Tiger Global Management, Madera Technology Partners
- Total Investors: 15
- Total Funding Deals: 3
- Website: https://amperity.com
Conclusion
In conclusion, the top 11 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Seattle. As these companies reshape industries and set new standards, Seattle is sure to secure its place as a global leader in innovation and growth.