Seattle Roundup: Remitly, Healthentic, Microsoft Accelerator Startups

along with the foremost funding rounds introduced this week by way of FiftyThree ($ 30 million) and Rover ($ 25 million), smaller offers went down at Remitly and Healthentic. meanwhile, professional.com joined an accelerator program and Microsoft named 14 firms to its next startup accelerator in Seattle. read on for small print:

—Remitly, a Seattle startup taking a modern, mobile solution to cash transfers, has raised $ 12.5 million in a collection B funding spherical led by way of Draper Fisher Jurvetson (DFJ), joined by means of earlier backers DN Capital, QED buyers, and Trilogy Partnership. The funding can be used for hiring, advertising, and expansion to international locations past the Philippines and India, which it serves currently. It brings total investment in the firm, a graduate of Techstars Seattle in 2011, to $ 23 million. Seattle-primarily based DFJ partner invoice Bryant joins Remitly’s board of directors. He writes about the funding determination here.

—Healthentic, which helps firms assessment the well being needs and charges of their staff, announced $ 3.75 million in new funding from buyers Corvesta, Hawaii Dental provider, WDS Holdings, and WYSSTA Investments. The Seattle firm mines its huge database of medical insurance claims knowledge to make recommendations to employers that can lead to decreased costs. as an example, it not too long ago released knowledge on the high cost of failing to take prescribed drugs. The funding, which brings total funding in Healthentic to nearly $ 20 million, might be used for further product building and advertising.

—professional.com, a Seattle-based totally competitor within the burgeoning home growth services and products business, is becoming a member of an accelerator application run with the aid of 2d metropolis Ventures, the investment arm of the nationwide association of Realtors. The attain accelerator software, in Chicago, is in its 0.33 12 months and deals startups connections with realtors throughout the u . s . a ..

—Microsoft selected 14 startup firms to participate in its subsequent accelerator program in Seattle, which focuses on digital work. The four-month software, starting this month, is the instrument large’s 2nd in Seattle, although it runs identical accelerators in places all over the world. The chosen firms, and their descriptions from Microsoft are:

Accelerated footage: “a quick, easy, visible film planning app to discover your photographs and build your movie with your staff before production, to save lots of time on set and share your vision.”
Adhusky: “an automated fb advert answer for monetary carrier companies.”
Beagle: “a complicated smart system for reading contracts, regardless of the size or complexity.”
ClearContract: “securely bringing contract negotiation to the cloud.”
CloudCoreo: “lets in the person to launch complete and reliable utility infrastructures using their appstack technology.”
CreativeWorx: “a behavioral analytics firm whose TimeTracker software routinely captures and generates correct timesheets.”
GeoSafe: “a communications platform and GPS tracking machine for first-responders working in the field.”
Skip: “a whole cell checkout resolution.”
LionHeart innovations: “a cellular scientific platform for caregiver coordination.”
Outleads: “permits advertisers to track offline conversations and section offline task inside their internet marketing bills.”
Parknav: “an on-side road parking solution, using data and predictive analytics.”
RallyTeam: “a collaboration platform for empowering staff to do more and research extra.”
Rexter: “actual-time contact and relationship administration.”
Slope: “a platform for marketing and artistic teams to retailer, prepare, and collaborate on media content material.”