• Playlist
  • Seattle Startup Toolkit
  • Portfolio
  • About
  • Job Board
  • Blog
  • Token Talk
  • News
Menu

Ascend.vc

  • Playlist
  • Seattle Startup Toolkit
  • Portfolio
  • About
  • Job Board
  • Blog
  • Token Talk
  • News

Jen Haller's Bias for Action

March 28, 2024

By: Nate Bek

In March 2020, Jen Haller was everywhere. The Seattle operator underwent a grueling media circuit of MSNBC, Fox News, NPR, CNN, and many others. GeekWire crowned her Geek of the Week, the soon-to-be Vice President Kamala Harris called her a “true hero” on Instagram, and Oprah said she has “moxie.” Jen was the first person in the world to get the Covid-19 vaccine — and this was her 15 minutes of fame.

“I quickly found my voice,” Jen says about the experience. “In times of crisis, it makes sense for all of us to turn inward, focusing on ourselves and immediate family. But when I realized we were alright, I reached out, and was like, ‘Okay, how can I help?’” 

That bias for action has led to Jen’s role today as partner at Ascend. She is among the most skilled operators and connectors in the Seattle startup scene, with a sixth sense for understanding founders and guiding them through the chaotic and sometimes unprecedented process of launching a company. For two decades, she has built a sprawling network in the Seattle tech sector, always finding ways to jump in and offer support at the earliest stages of a new venture — even if that means being first in line to get a new vaccine. 

“Jen is an investor, confidante, therapist, and best friend all wrapped into one,” says Varun Puri, CEO and co-founder at Yoodli. “Her superpower is that she always shows up, no questions asked.” 

In many ways, Jen is an architect of Ascend’s evolution as an early-stage venture capital firm. She and Kirby have an understanding: Kirby makes the investment decisions and Jen runs the firm’s platform and operations. This gives her the agency to focus on supporting founders and fostering community without worrying about evaluating founders or generating deal flow.

“What’s unique about this partner title is that it recognizes the significance of a support role — I don’t want to do Kirby’s job, and he doesn’t want to do mine, we get to focus in the areas where we shine,” Jen says. “It’s so rewarding to just be out there doing good for the larger Seattle startup community, knowing that it all ties back to building Ascend’s brand. It’s cool to be able to help whoever needs it, trusting that all of that will benefit us in the long run.”

In the two years since joining Ascend, Jen’s presence and network has left an indelible imprint on the more than 80 companies in the firm’s portfolio. She knows the right people — or, at least, people who know the right people — to provide instant support to startups. 

“Even in this short time that Avante has been in the Ascend family, I’ve seen Jen just go all out for me,” says Rohan D'Souza, co-founder and CEO at Avante. “Jen goes above and beyond, diving deep into her network — and even her network’s network — to pull out whatever resources or advice can help us out.”

That support line extends beyond just warm intros. Lakshay Chauhan, CEO and co-founder at Finpilot, says Jen helped with resources around legal, accounting, hiring, running background checks and random operational issues since Ascend’s initial investment last year.  

Jen’s roots run deep in Seattle, shaped by more than two decades in its tech sector and a lifetime in the region. A University of Washington communications grad, she briefly dallied with politics at the Washington state Democratic Party. But it was the allure of startups, after stints in marketing and health tech, that captured her.

At Urbanspoon, then a darling of Seattle's startup scene, Jen stepped in as office manager. In a few years, she grew the team from 12 to 50, paralleling the company’s 400% growth. Her next stop was police body camera maker Axon, steering the buildout of the Seattle office’s expansion from 20 to 150. The new office, complete with its spaceship entrance and sci-fi pods, earned the “Geekiest Office” title from GeekWire in 2016.

However, as her roles inevitably veered towards HR in maturing companies, Jen felt out of sync. Her passion is with early-stage ventures, thriving in the chaos, playing the jack-of-all-trades. “I’ve always said I really like predictability, but when my jobs started becoming the same every day, that was a sign for me,” she says. Despite craving stability, she’s drawn to the disorder, aiming to organize and support. 

This led Jen to co-founding The Flight Team, a consultancy aiding early-stage startups in strategic growth. After building a solid client list, she was recruited by Paul Allen’s Stratolaunch, managing the office and culture for more than 100 employees at the aerospace firm. Following Allen’s death in 2018, her role shifted to supporting employee offboarding and facility closures. This was part of the ebbs and flows of the startup world, the chaos she sought out, she says. 

After being recruited by multiple companies, Jen then decided to join Seattle AI startup Attunely, drawn to the strong founding team. She worked there for almost three years during its rapid growth. “Jen was my right-hand person for several years,” says Scott Ferris, founder and former CEO of Attunely. “She operates with unparalleled efficiency and reliability.” 

Through each stop in her startup gauntlet, Jen managed to keep a personal style that included maintaining a sense of camaraderie. Andy Romfo, who worked with Jen at three different companies, says “Jen instills a sense of calm.” 

Leaving Attunely in late 2021, Jen was on the lookout for her next venture within the early-stage startup sphere. She approached Kirby to introduce her to some of the companies in his portfolio. Kirby did just that, but he also presented an alternative offer: to join Ascend and broaden her influence across multiple startups at once.

The first time I met Jen, I was still an intern at GeekWire covering startups and venture capital. At the time, I was eager to land scoops and meet as many founders as possible. This led me to participate in a ton of networking events. The only problem was that I had no idea how to actually network. Eventually, at a fintech cocktail event, Jen saw my struggle and shared her wisdom: embrace Seattle’s introverted vibe, engage engineers with questions about their tech, and simply showing up matters most. That advice stuck.

Jen’s knack for making people feel included has become her trademark in the tech world. She supports AI Tinkerers Seattle, a group of engineers that hack together projects. According to founder Joe Heitzeberg, her welcoming nature fosters a collaborative spirit crucial to the group’s success. 

Jen has also been involved in developing events that specifically empower women. During a conversation with Goldenrod Ventures Founding Partner Martina Welkhoff, the duo brainstormed an idea to create a poker night for female founders and investors. Unlike others who might have just let such an idea like that fade, Welkhoff says, Jen followed up immediately to make it happen. It’s now a recurring event bringing together women founders and funders to network and play poker. 

Asked about her drive to support and launch new projects, Jen tells me she gets energized by helping others and making a positive impact: “I get back so much more than I put in.” 

Jen’s courage in being the first to receive the vaccine brought comfort to millions apprehensive about its effects. But it’s her capacity to forge deeply personal connections and offer her unwavering support that truly defines her impact on both Ascend and the broader Seattle startup community. 

As Puri says: “There are few people who want Yoodli to succeed as badly as she does. In doing so, she always holds us to the basics — to be kind and focus on the things that matter outside of work above all else. We’re so lucky to have her in our corner.”

Tags Jen Haller, Seattle, Seattle Venture Capital, Ascend

Meet Daniel Paredes: From Seattle Roots to NYC Investor with Sierra Ventures

March 14, 2024

By: Nate Bek

I met Daniel Paredes on a rainy day in Seattle, at a local staple called Paseo. Over Cuban subs, our conversation pretty quickly veered into deal flow and the exciting open-source and deep-tech projects he’s seeing in Seattle and beyond. It’s clear Daniel is not only a go-getter, but he is also passionate about early-stage, the future of technology, and his hometown Seattle.

“Being from the region, I didn’t have a choice, but it’s hard not to be drawn to Seattle,” said Daniel, an investor at Sierra Ventures, currently based in New York. “The most valuable company in the world is based here, and I truly don’t see any other region outside of San Francisco having as much density in terms of AI talent.” 

Daniel graduated from the University of Washington with a degree in finance. After college, he joined Microsoft, where he spent five years in various roles and was most recently a corporate strategy and development manager. Daniel later earned an MBA at Columbia Business School and worked at Madrona Venture Group as an MBA associate. 

Sierra Ventures is an early-stage venture firm investing in enterprise and emerging technologies with investments in Seattle. The firm participated in Seattle-based e-commerce startup Fabric’s seed round in 2020, which is also an Ascend VC portfolio company and has gone on to raise over $290M. 

Daniel was kind enough to sit down with Ascend for our VC profile series, where we showcase early-stage investor friends from across the US. We talked in more depth about his VC passion, Sierra, and his thoughts about his hometown tech ecosystem. Read to the end for carve-outs.

*We’ve edited this conversation for brevity. Enjoy! — Nate 👾

Nate — What made you decide to be a professional investor?

Daniel — I first learned about venture capital in one of the finance classes at the University of Washington. Ever since then, the seed was planted in my head. Everyone has a different path into VC, but I leveraged my MBA to break into the industry after completing several internships.

What did you do before becoming an investor and how does that benefit your founders?

Prior to making the pivot to VC, I spent five years at Microsoft. At Microsoft, I worked across every product group in finance and strategy roles and spent my last year in corporate strategy, where I helped drive the quarterly and monthly reporting for the CEO and board of directors. Overall, the breadth and learning I received at Microsoft and also through my MBA allow me to support founders in anything from product ideation to financial modeling and more.

Why should founders want you on their cap table?

I’m someone who is going to fight side-by-side with my founders. My entire life and career I’ve played the underdog role, so I know what it means to be scrappy and resourceful.

How many new pitches (actual calls/Zooms) do you take per month?

About 50+. Covering NYC and Seattle is tough, but it’s exciting to get to meet so many founders looking to disrupt so many different industries. 

What’s your sweet spot(s) in terms of check size, valuation, and vertical?

We’re currently investing out of our 13th fund ($270 million) and have an early-stage focus on seed and Series A investments. We look at pre-product/pre-rev companies as well. Check size is generally between $1 million to $7 million ($1 million to $3.5 million for seed and $4 million to $6.5 million for Series A). That ramps up to $8 million to $12 million at the strike zone. We also have a preference to lead rounds. We’re geo-agnostic (70% of our deals come outside of the Bay Area) and specialize in enterprise, vertical SaaS and deep tech.

How many new investments do you make per year?

Our goal this year is 12-15 investments.

What initially drew you to the Emerald City? 

Being from the region, it was a must for me to focus on scaling up Sierra’s efforts out here, but it’s hard not to be drawn to Seattle in general. The most valuable company in the world is based in Seattle and I truly don’t see any other region outside of SF having as much density in terms of AI talent. The future continues to be bright for Seattle and I’m glad the rest of the world is starting to realize.

How do you stay informed about emerging markets and industries, particularly outside of Silicon Valley?

The best way to genuinely stay informed is by doing the dirty work. As much as I’d love to say that I read “X amount of reports or articles,” it really comes down to going out and meeting with people in emerging markets or industries. Another investor described it to me as playing in traffic. My favorite thing about this job is that it allows me to learn from so many talented individuals trying to solve some of the world's biggest problems. 

What's your bull case for Seattle/PNW startups? On the flip side, what concerns should the region’s founders and investors keep in mind?

Seattle has some of the most talented and technical founders. What I love is the pure technical talent that I see in founders. On the other hand, I do see technical founders fall short on their GTM strategy, which is driven by customer discovery. Customer discovery is one of the most critical components of company building, as it defines your ICP and guides your GTM as you look to further understand the problem and eventually solve the problem.

What's your take on the key differences in the tech scenes of NYC and Seattle?

Having experienced both ecosystems, it’s hard to compare the two. Seattle thrives on enterprise and solving technical challenges, while New York City brings a variety of industry and founders given the demographic and diversity of industries in NYC. They both are special in different ways and my two favorite cities.

What song is currently getting the most run on your Spotify/Apple Music?

I’m a huge hip-hop head so now that I live in Brooklyn, Jay-Z’s Blueprint album is definitely on repeat. Favorite song off the album would have to be “U Don’t Know.”

Favorite shoes?

The shoe that started it all for me was the Jordan 11. But if I really had to pick, it would probably be the Jordan Bred or Chicago Jordan 1 — you can’t go wrong with a classic.

What's your go-to ingredient in the kitchen, and do you think cooking and investing have anything in common?

My go-to ingredient has to be salt and pepper or caldo de pollo bouillon. I think you need patience for both cooking and investing. Easier said than done — but it’s something I try to practice in both aspects of my life. ☔🔥☔

Tags Seattle, Venture Capital, Daniel Paredes, Sierra Ventures

Seattle VC Firms Led Just 11% of Early-Stage Funding Rounds in 2023

March 11, 2024

By: Nate Bek

If you’re a Seattle startup looking to raise venture capital, odds are most of that money will come from out-of-town investors.

Seattle is home to more than 25 active venture firms with about $2.1 billion in AUM. The ecosystem ranks fifth nationally for early-stage investments and has captured 3% of the nation's pre-seed and seed-on-SAFE dollars since 2020, according to an analysis by Carta’s Peter Walker. On a per capita basis, it ranks sixth among metros, averaging $448 in startup capital invested per person. 

Despite these figures suggesting a strong local funding scene, there’s a hidden dependence on external capital.

The statistics paint a clear image: Out of the roughly $1.6 billion poured into Seattle startups across 162 seed through Series B rounds in 2023, Seattle’s venture firms led or co-led just 18 of those deals, according to data from Crunchbase, analyzed by Ascend. 

A closer look reveals that in 2023, Seattle VCs contributed roughly 12% of the funding from seed to Series B rounds (methodology below). There’s a sharp decline post-seed stage; Seattle VCs accounted for about 25% of seed-stage funding but this plummeted to just 4% at the Series A level.

The issue cuts deeper than numbers. It’s about the ecosystem’s vitality. The recent departure of Techstars Seattle from the region — which cited a lack of venture dollars — was a telling blow. While the city is an AI hub and burgeons with technical talent, local investment is not scaling with startup growth. 

This, in turn, creates a gap. More and more out-of-town investors are eying Seattle’s startups as an investment opportunity. Notably, Point72 and Bonfire have set up shop in Seattle, while investments flowing from the Bay Area is a well-documented phenomenon. (Here’s a deeper look at out-of-town investors that invest in Seattle.)

Local firms are also stepping in to fill the void, especially at the earlier stages. The Alliance of Angels says it’s raising new cash; Breakwater, led by William Finney and Peter Mueller, announced a fresh $10 million fund to buoy Pacific Northwest startups; Seattle-based Breakers, led by Annie Lunchsinger, is backing early-stage startups; and Swizzle Ventures, led by Jessica Kamada, is raising cash. Here at Ascend we’ve backed more than 60 local pre-seed startups across two funds.

Despite this, most startups are expected to think outside of Seattle if they want to fill out their rounds. And they should expect their local angel and pre-seed investors to help make those connections with Silicon Valley funds. 

The ecosystem is not capital-constrained: Seattle is nationally recognized as a vital startup creation engine. With 10 and 11 figure exits becoming a yearly occurrence, the town is a magnet for talent and capital. The best companies and founders do indeed get funded — just, more often than not, by investors from outside the region.

We tracked early-stage funding rounds in Seattle in 2023. Search the index below for deal figures and lead investors.

Methodology: To calculate the total seed through Series B funding involving Seattle VCs in 2023, we analyzed Crunchbase for active Seattle VC firms leading deals. This involved comparing their contributions to the overall deal volume of the period. It's important to note some deals did not specify a lead investor and pre-seed rounds were excluded due to insufficient data in the seed-on-SAFEs category. The Seattle VCs' share of the funding was then determined by dividing the total seed to Series B funding by the deal value from rounds led or co-led by Seattle VCs.

*NOTE: Figures and analysis do not necessarily portray exact data and merely serve as a snapshot of Seattle’s VC landscape. For instance, some rounds that were led or co-led by Seattle VCs included participation from out-of-town investors (and vice-versa).

Tags Venture Capital, Seattle

How the pursuit of exceptional people landed this New York VC in Seattle

February 27, 2024

By: Nate Bek

Antonio “Tono” Osio is all about people. 

The general partner of early-stage venture capital firm ANIMO Ventures made that clear during our conversation last week. My takeaway: human connection and shared values largely define Tono’s investment posture. It’s even baked into his fund’s mantra: “People backing people.” 

Tono’s people-first approach to investment has become a sort of credo — one that gets to the heart of his thesis around early-stage investing. At the core, founder-investor relationships will inevitably be tested during the tumultuous startup journey, so it helps to be on the same page from the jump. 

“Venture, especially at the seed stage, is all about the people,” Tono told me. “That is why we are focused on building the most people-centric firm in the industry.”

Tono’s investment philosophies have largely been shaped by his path into VC. Originally from Mexico, he graduated from the Instituto Tecnológico Autónomo de México (ITAM) with degrees in law and economics. His initial career trajectory spanned corporate law, economic development, and traditional finance before veering into the world of early-stage tech investing. 

Tono developed an interest in the space during his involvement in Mexico’s then-nascent startup ecosystem, where he got involved with a few early-stage companies. 

Working with startups inspired him to pursue a career in venture investing. In 2012 he decided to enroll at MIT, with a focus on VC. While there, Tono worked part-time at New York venture firm FJ Labs. From then on, he decided that VC would become his life’s work. 

Returning to Mexico in 2014, he decided to partner with a close friend and mentor to launch Capital Invent, which he said was one of the first early-stage VC firms in the region. 

A year after launching the fund in Mexico, Tono joined the Kauffman Fellows Program. That’s where he met his friend and eventual fund partner Nico Berardi. The duo discovered a mix of shared values and ideals that eventually drove them to team up and start a new venture firm, ANIMO Ventures. 

Since launching in 2018, the firm has raised two funds, totaling $140 million in AUM. It has 36 portfolio companies, and it’s actively deploying checks at the pre-seed and seed stages across the US with an aggressive generalist approach. (More below on the firm’s funding strategy and details.)

A lot has changed in seed investing during the past years, but Tono thinks that one thing will remain consistent in the coming decades: while sectors and verticals will come and go, people will always remain.

Here’s what ANIMO believes: 

“The only constant will be exceptional people. It is exceptional people that build exceptional companies. It is exceptional people that create and destroy entire markets. Our commitment to backing people is born out of it being the only 30-year strategy, and thus will remain open to any industry or sector; to simply backing exceptional people building wherever their will takes them. It is that will that bends the universe and generates outsized returns.”

This has manifested across the fund’s portfolio. 

Tono pointed to Zócalo Health, a Seattle-based startup with a primary care platform. Founded in 2021 by ex-Amazon Care leaders Erik Cardenas and Mariza Hardin, both of whom are Latino, the startup’s mission is to address the underserved Latino community in healthcare. 

“Erik and Mariza are exceptional founders that have a real founder-market fit story. They really understand the target customers they’re serving — because they are them,” Tono said. The company has raised more than $5 million and recently signed a couple of large business-to-business contracts. “It’s really taking off,” Tono said.

In other words, he invested in the right people. 🚀

Tono was kind enough to sit down with Ascend for our VC profile series, where we showcase early-stage investor friends from across the US. We talked in more depth about his VC passion, Animo, and his bullish views and thoughts about the Seattle tech ecosystem. Read to the end for carve-outs.

*We’ve edited this conversation for brevity. Enjoy! — Nate 👾

Nate: Thanks so much for chatting with us, Antonio. What made you fall in love with VC? 

Tono: I've been in venture capital for more than 12 years. Venture, for me, is a craft with no end — you’re always building and building to try and improve, by continuously raising the bar and never reaching a ceiling. Venture perfectly aligns with my life’s mission, values and goals, and I can’t see myself doing something different. I have realized this is my calling and serving founders is my life’s work. 

It’s also very exciting in the sense that you are learning new things all the time, meeting and learning from exceptional people. Founders that are reimagining industries and re-inventing our future. Being a small part of that is very fulfilling and rewarding.

I love this phrase from Josh Wolfe at Lux Capital that we, as VCs, “like to believe before others understand.” 

Can you go deeper on ANIMO?

We lead pre-seed and seed deals. We are aggressive generalists and invest across the US. Here’s the breakdown: 

  • ANIMO has about $140 million in AUM across two funds. It now has 36 companies in its portfolio. 

  • The firm raised its first fund of $60 million in 2018; it landed $78 million for Fund II in mid 2022, which is the one it is currently deploying out of. 

  • Check sizes range from $500,000 to $2.5 million for startups raising their first $500,000-to-$5 million. 

  • ANIMO is industry agnostic, with a ratio of about 60% enterprise and 40% consumer. 

Sell us on ANIMO. Why should founders want you on their cap table? 

We're striving to create the most people-focused and relationship-driven fund in the industry. We're usually the most active investor on the cap table. We’re very present, we deeply care and we're hustling all the time for our founders. Given that we only do between 7-10 deals a year, we have a very hands-on, white-glove type of approach in the way we work with our founders.

I’m sold! You mentioned earlier that you plan to visit Seattle soon. What draws you here? And what’s your bull case for the region? 

I’ve been going there for a couple years now. What makes the city and region so unique is its talent base. You have some of the largest and most successful tech companies ever based there, so I think that's a magnet and breeding ground for new founders. 

One other thing that I've been pleasantly surprised about is how collaborative and friendly the investor community is in Seattle. I've gotten to know a bunch of the early-stage funds, angels and investors there, and I’ve become close friends with many of them. They’re always really open and willing to help.

It’s always interesting to get an outside view on the ecosystem. I recently chatted with a valley VC about Seattle's big bet on AI/ML. He pointed out that much of our infrastructure and talent pool is riding on it. The VC told me that if AI doesn't take off like we all think it will, we might not be in the best spot. What about you? Any other concerns or thoughts on the local startup ecosystem? 

On the AI front, a concern is the good AI talent from Seattle ends up moving out of the city. If the center of the universe around AI is in the Bay Area, that might attract a lot of the good AI founders out of Seattle.

But I also understand that there's been a lot of work on that front. There’s institutions like the Allen Institute for AI (AI2), as well as a lot of big tech companies investing heavily in the space. The conditions are being created for founders to be able to build their companies and not have to leave. 

The other one, which we’re really excited about, is that we're starting to see more interesting consumer companies coming out of Seattle (i.e. Zocalo), whereas the region has been known more for its enterprise and B2B startups.

Brain drain is always top of mind. But, like you said, there’s so many great people and institutions working to keep that talent in Seattle. Also, I remember reading about Zocalo in GeekWire. I loved Erik and Mariza’s founding story. At the time, I thought it seemed like a rare consumer healthcare play in Seattle. 

Erik and Mariza both have a lot of experience in healthcare, but they also worked at Amazon. I think it's part of that talent you can find in Seattle. There's not that many cities like that, where so much talent works in big tech, along with backgrounds across different industries and company stages.

Let’s pivot to more fun questions… What song is getting the most play on your Spotify/Apple Music? 

There’s an indie rock band from Mexico called Zoé, which has a song named Arrullo De Estrellas which I really like. That’s one. I’m also a big '90s rock fan. Foo Fighters is one of my favorite bands and I love their Seattle origin story. I have seen them live in concert a few times, and they are one of my favorite bands.

That’s more of a personal question to find new music. And, of course, shout out to the Foo Fighters. What’s your favorite pair of shoes? 

I know Kirby’s a big sneakerhead! I’m training for the Boston marathon, which I’ll be running  in a few weeks. Just two days ago, I bought the new Kayano 30 by Asics, and they are my go-to shoe for running. 

Good luck! What’s your go-to ingredient in the kitchen?

I’m from Mexico, so I like spicy food, really spicy food. I would say anything with chiles or salsa. 

Any parting thoughts? 

We gravitate to other investors and founders that are not just exceptional but also just good people — and I think Seattle is full of them. ☔🔥☔

Read More: Mapping the Emerald City’s Growing AI Dominance

Tags Seattle, Venture Capital, ANIMO Ventures

Mapping the Emerald City’s Growing AI Dominance

February 19, 2024

By: Nate Bek

Make no mistake, Seattle is the epicenter of AI.

Yet, for anyone outside of the AI bubble, the Emerald City can easily be overlooked, often snubbed by Silicon Valley and other tech hubs in the national discourse. 

We’re here to set the record straight, spotlighting the city’s understated but growing AI dominance. 

Seattle’s ascent in the tech world is a story of quiet progress and strategic foresight. Its foundations — laid by tech giants, universities, and research institutions — are creating an AI epoch set to take center stage in the Pacific Northwest. 

This revolution didn't occur overnight or by chance — it’s the culmination of innovation and strategic expansion, decades in the making.

The legacy of Microsoft’s software dominion and Amazon’s cloud empire are providing the technical muscle and infrastructure. The presence of tech behemoths such as Meta, Google, and Apple add a cadre of elite talent to the area. Seattle’s density of AI expertise ranks second in the nation.

Institutions like the University of Washington and the Allen Institute for AI (AI2) serve as the city’s brain trust, pumping out a steady stream of top-tier engineers, entrepreneurs, and research. AI2 recently rolled out its open-source model Olmo, and its incubator has launched more than 20 startups, some of which were snapped up by tech giants like Apple and Baidu.

The city also spawned AI Tinkerers, now a global network connecting thousands of top AI innovators across more than 28 cities.

These players aren’t just capitalizing on the AI wave — they’re building it, layer by layer, byte by byte. 

There’s an open-secret that the city’s founders and technical experts can be understated, playing down their own skills and the impact of their technology. That modesty can hurt, costing the region venture capital dollars and global attention. 

We found that the city’s breadth of talent flowing out of the major tech companies and institutions are creating an entrepreneurial tinderbox. These founders and engineers often come pre-programmed with domain expertise, helping them quickly launch and go to market with unique solutions that address the most pressing business and consumer problems of today. 

These companies also find it easier than ever to hire a support staff, thanks to nearly 20 domestic unicorn companies producing thousands of experienced growth marketers and operators.

By taking a step back, we can see that Seattle excels at both the AI infrastructure level and its broader applications across sectors. One Seattle startup, for instance, is training a video foundation model to generate short-form video content on phones. Another is applying advanced computer vision to autonomous farm robots to thump out weeds. 

We mapped out more than 50 AI startups and products built in Seattle, categorized from the compute layer all the way up to vertical application. 

Here’s what we found:



We also created a searchable index, listing Seattle AI startups by category with their current funding figures. This is in no way a complete menu; we intend to regularly input new companies, so check back for updates.

*Total funding numbers are pulled from the latest available online data and may not be current

If you are building in Seattle and think you belong on our index, we would love to hear from you.  Please send an email to nate @ ascend dot VC. :-)

Tags AI, Seattle, Startups, market map, Seattle AI, AI Tinkerers

FEATURED

Featured
Subscribe to Token Talk
Subscribe to Token Talk
You Let AI Help Build Your Product. Can You Still Own It?
You Let AI Help Build Your Product. Can You Still Own It?
Startup-Comp (1).jpg
Early-Stage Hiring, Decoded: What 60 Seattle Startups Told Us
Booming: An Inside Look at Seattle's AI Startup Scene
Booming: An Inside Look at Seattle's AI Startup Scene
SEATTLE AI MARKET MAP V2 - EDITED (V4).jpg
Mapping Seattle's Enterprise AI Startups
Our 2025 Predictions: AI, space policy, and hoverboards
Our 2025 Predictions: AI, space policy, and hoverboards
Mapping Seattle's Active Venture Firms
Mapping Seattle's Active Venture Firms
PHOTOS: Founders Bash 2024
PHOTOS: Founders Bash 2024
VC for the rest of us: A big tech employee’s guide to becoming startup advisors
VC for the rest of us: A big tech employee’s guide to becoming startup advisors
Valley VCs.jpg
Event Recap: Valley VCs Love Seattle Startups
VC for the rest of us: The ultimate guide to investing in venture capital funds for tech employees
VC for the rest of us: The ultimate guide to investing in venture capital funds for tech employees
Seattle VC Firms Led Just 11% of Early-Stage Funding Rounds in 2023
Seattle VC Firms Led Just 11% of Early-Stage Funding Rounds in 2023
Seattle AI Market Map (1).jpg
Mapping the Emerald City’s Growing AI Dominance
SaaS 3.0: Why the Software Business Model Will Continue to Thrive in the Age of In-House AI Development
SaaS 3.0: Why the Software Business Model Will Continue to Thrive in the Age of In-House AI Development
3b47f6bc-a54c-4cf3-889d-4a5faa9583e9.png
Best Practices for Requesting Warm Intros From Your Investors
 

Powered by Squarespace