GeekWire 200 replace: Right here’s who’s transferring up our checklist of prime PNW startups

A number of new corporations joined the GeekWire 200 whereas a handful “graduated” within the newest replace to our index that ranks the Pacific Northwest’s prime privately-held startups.

The rating is derived from our broader checklist of greater than 1,100 tech startups with headquarters in Washington, Oregon and Idaho, and British Columbia.

The rankings are generated utilizing a weighted algorithm that accounts for social media followings, approximate worker counts (through LinkedIn) and inbound internet hyperlinks.

A startup “graduates” from the checklist if it will get acquired or goes public. Exit worth tumbled throughout the board final yr amid rising rates of interest and declines in public tech inventory valuations. However some analysts are predicting restoration within the latter half of 2023.

Learn on for takeaways from the most recent rankings. 

Newcomers

• Group14 Applied sciences (No. 154) manufactures a silicon-carbon composite materials and raised greater than $648 million from buyers in 2022. Go inside its new manufacturing middle.
• Marvelous (No. 168) presents an e-learning platform that helps folks promote on-line programs and training packages.
• Factal (No. 185) displays breaking information to assist corporations assess dangers to their enterprise. Learn extra.
• IPinfo (No. 188) gives a dataset of IP deal with knowledge to enterprises and cybersecurity consultants. Learn extra.
• Defiant (No. 189) sells cybersecurity plugins for websites constructed on WordPress. Learn extra.
• Pandion (No.191) presents an end-to-end supply answer for e-commerce corporations. Learn extra.
• Arzeda (No. 192) generates new enzymes for industrial, agricultural and different purposes. Learn extra.
• QA Wolf (No. 200) helps corporations vet strains of code. Learn extra.

Graduates

• Zapproved, a Portland, Ore.-based authorized tech startup, was acquired by Exterro, one other authorized tech agency based mostly in Portland. Zapproved beforehand ranked No. 92 on the checklist.
• Lockstep, a Seattle startup that sells software program used to automate the accounting of B2B purchases and funds, was acquired by The Sage Group in August, a British multinational enterprise software program firm. Lockstep beforehand ranked No. 123.
• Klue, Vancouver, B.C.-based startup that makes use of AI to mixture and analyze firm knowledge, was acquired by DoubleCheck Analysis, a Massachusetts-based firm that helps B2B tech corporations supply offers via its platform in January. Klue beforehand ranked No. 50.
• First Mode merged with Anglo American as a part of a $1.5 billion transaction. The Seattle firm, which created the hydrogen-fueled hybrid energy plant for Anglo American’s nuGen mining truck, ranked No. 52.

Different notes

• There was one new entrant within the prime 10: Contract lifecycle administration startup SirionLabs knocked off actual property lender Flyhomes.
• Seven corporations within the prime 10 introduced workforce reductions amid widespread job cuts throughout the tech business.
• A number of startups just lately unveiled generative AI instruments, together with Outreach (No. 3), Glowforge (No. 30), and Lexion (No. 193).
• RealWear (No. 58) will quickly graduate from the checklist. The Vancouver, Wash.-based firm this week introduced a SPAC merger with Seattle-based Cascadia Capital.

See our Latest Fundings checklist for the most recent Pacific Northwest startup offers and subscribe to GeekWire Startups for a weekly roundup of stories, evaluation and insights from the area’s startup ecosystem, delivered Friday.