Kimberly Vasquez, a high school senior in Baltimore, faced a tough problem when the pandemic began. She had no fast internet service in her home, but all her classes were online.
Marigold Lewi, a sophomore at the same school, was regularly booted off Zoom classes because of her slow home connection.
Seattle-based S!ng has seen the non-fungible token, or NFT, business explode in popularity recently. According to S!ng co-founder and CEO Geoff Osler, the company is more interested in what happens after the current frenzy passes.
Seattle-based Porch Group is raising its 2021 revenue forecast another $5 million, to $175 million, just over three months after starting to trade on the Nasdaq in late December. The adjusted revenue number, which was released with Porch’s fourth quarter and full-year 2020 financial results on Tuesday, represents about 140% year-over-year revenue growth for the home services software company.
With stores forced to close and people staying home to distance from others, e-commerce has boomed during the Covid-19 pandemic. The resulting need from companies to meet this rapidly changing demand has been a major boost for Flexe, an 8-year-old startup based in Seattle that offers on-demand warehouse and fulfillment services.
Seattle-based Rec Room on Wednesday announced it raised $100 million, putting the company’s valuation at $1.25 billion. Sequoia Capital and Index Ventures led the round, while Madrona Venture Group participated.
Advocat Technologies, a Bellevue, Wash.-based startup which makes use of synthetic intelligence to information analysis and drafting for enterprise authorized departments, took high honors and 200,000 in funding on the San Diego Angel Conference.
It’s hard to understand an experience you’ve never had.
Still, in an era marked by heightened social awareness on race, expressing empathy and realizing what other people go through can be a powerful catalyst for change. This is especially true in the workplace, where we often interact with people from different backgrounds.
The pandemic didn’t stifle Seattle-area venture capital funding.
The number of Seattle-area deals in 2020 may have been down 14.3% year over year, according to data from the quarterly PitchBook-NVCA Venture Monitor report, but the total deal value of $4.5 billion was up 14%.
Amazon is expanding their telemedicine service, Amazon Care, to employees nationwide.
On Thursday, the company announced that by the summer, the Amazon Care app will be available to all workers and their families enrolled in their Amazon-sponsored Aetna or Premera health plan for no additional cost.
