United States
Seattle #9
Founders appreciate the dynamic world-class tech ecosystem Seattle offers. We're generous leaders in AI, Cloud, IoT, Robotics, Big Data, Fintech, Biotech, VR/XR, and more for you to connect with.
Ecosystem by the Numbers
EARLY-STAGE FUNDING
$1.5 bn
GLOBAL AVG.
$687 m
ECOSYSTEM VALUE
$30 bn
GLOBAL AVG.
$28.6 bn
AI, Big Data & Analytics
Google invested $10.5 million in AI marketplace Algorithmia. Apple is expanding its Seattle AI hub. Icertis, an enterprise management software, raised $75 million in 2019 and joined the unicorn club at a $1.15 billion valuation. In 2018, Intel acquired deep learning startup Vertex.AI, and the Allen Institute for Artificial Intelligence hired Yejin Choi, a UW professor, to research AI under Project Alexandria—backed by $125 million from the late Microsoft co-founder Paul Allen.
Life Sciences
The primary care and family medicine programs at the University of Washington have consistently topped the U.S. News & World Report rankings. Seattle is home to biotech companies like Adaptive Biotech, Trubion, and ZymoGenetics and the headquarters of major investors including the Bill & Melinda Gates Foundation and PATH. Silverback Therapeutics, developer of ImmunoTAC therapies raised $78.5 million in March 2020. Impel NeuroPharma, a medical device startup, raised $67.5 million in 2018.
Reasons to Move Your Startup to Seattle
COVID-19 Policy
To support small businesses financially impacted by COVID-19, the City of Seattle committed $2.5 million in federal Community Development Block Grants (CDBG) to the first round of the Small Business Stabilization Fund. 250 eligible small businesses will be selected through a lottery and be awarded $10,000.
Startup genealogy
Founders can draw on legacy experience. Microsoft and Amazon, both headquartered in the Seattle region, have been the source of numerous spinoff companies directly (such as Expedia) and indirectly (such as Twilio). Together with spinoffs from the University of Washington, this record has given the region a rich genealogy of startups that become scaleups, begetting more startups.
Selected Startup Organizations
ARI
Alliance of Angels
Angel Resource Institute
Fledge
Lighter Capital
MS Accelerator
Microsoft Ventures
Microsoft for Startups
New Tech Northwest
SURF Incubator
Seattle Angel Conference
Seven Peaks Ventures
Startup Grind
Startup Seattle
Techstars
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