Startup Investment Poised to Break Records in 2021, Report Says
From The Seattle Times
Venture capital is continuing its surge in the Pacific Northwest, as startup investment across the United States is on track to shatter records, according to a new report released this week.
The spike is driven by a rise in late-stage investment, and particularly deals that exceed $100 million, said the report produced by PitchBook, a Seattle-based financial data company, and the National Venture Capital Association.
“There’s more capital, there’s more investors, there’s more interest, there’s more of everything in venture,” said Kyle Stanford, a senior analyst at PitchBook, who contributed to the report.
FAIRFIELD-SUISUN, CALIFORNIA
Chemist Jeanine Yaboub works at Psilera Bioscience, a Tampa, Fla., startup that is researching healing properties in psychedelics. Startup investment across the United States is on track to shatter records, according to a new report released this week by PitchBook. (Ivy Ceballo/Tampa Bay Times/TNS)
Startup investment poised to break records in 2021, report says
Venture capital is continuing its surge in the Pacific Northwest, as startup investment across the United States is on track to shatter records, according to a new report released this week.
The spike is driven by a rise in late-stage investment, and particularly deals that exceed $100 million, said the report produced by PitchBook, a Seattle-based financial data company, and the National Venture Capital Association.
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Former Zulily execs raise $150M for new firm that buys and supercharges e-commerce businesses
January 11, 2021 at 7:14 am
Jason LeeKeenan (left) and Kevin Saliba are the brains behind Cap Hill Brands. (GeekWire Photos)
Two former Zulily executives have landed more than $150 million to fuel a new venture that seeks to buy profitable e-commerce businesses.
Jason LeeKeenan and Kevin Saliba are the co-founders and co-CEOs of Cap Hill Brands, a Seattle firm that uniquely combines the investment capital of a private equity firm with deep operational experience of a startup accelerator. They’ve also won over some big-time backers, including VersionOne Ventures and Victory Park Capital. Seattle venture capital firm Maveron known for its focus on consumer brands and an early investor in Zulily also is a backer.