☕SEATTLE ECOSYSTEM

Seattle Startup Ecosystem

Home to tech giants and strong enterprise software ecosystem. Excellent talent pool and growing startup scene.

2,000+ startups•12 unicorns•Last updated: January 2025

Ecosystem Overview

💰 Funding

$6B+ in total funding, with strong access to VCs and corporate investors.

👥 Talent

200K+ tech workers and strong engineering talent from Amazon and Microsoft.

🏢 Infrastructure

15 accelerators, 30 co-working spaces, and growing support networks.

Key Strengths

Home to Amazon and MicrosoftStrong enterprise software and cloud ecosystemExcellent engineering talent poolGrowing startup communityAccess to major tech companiesLower costs compared to SF

Key Industries

Enterprise SoftwareCloud ServicesE-commerceGamingAI/MLHealthcare TechLogistics

Cost of Living

$2,000/mo

Average 1BR Rent

$2,800/mo

Average 2BR Rent

150

Cost of Living Index (100 = National Average)

Top Accelerators

Techstars Seattle

Techstars accelerator program in Seattle

Funding: $120K

Equity: 6%

Duration: 3 months

Madrona Venture Labs

Startup studio and accelerator

Funding: Varies

Equity: Varies

Duration: Varies

Co-working Spaces

WeWork

Global co-working space with multiple locations in Seattle

Starting at: $400/mo

Top Funding Sources

Madrona Venture Group

Early-stage VC firm focused on Pacific Northwest

Check Size: $1M - $10M

Focus: Enterprise Software, SaaS...

Ignition Partners

Early-stage VC firm with Seattle presence

Check Size: $1M - $5M

Focus: Enterprise Software, SaaS

Notable Companies

Amazon

E-commerce and cloud computing giant, founded in Seattle

Valuation: $1.5T+

Microsoft

Technology company, founded in Seattle area

Valuation: $3T+

Tableau

Data visualization software, founded in Seattle

Valuation: Acquired for $15.7B

Zillow

Real estate platform, founded in Seattle

Valuation: $10B+

Frequently Asked Questions

Why is Seattle a good city for startups?

Seattle is home to tech giants like Amazon and Microsoft, providing a strong talent pool and network effects. The city has a strong enterprise software ecosystem, excellent engineering talent, and growing startup scene with $6B+ in funding and 12+ unicorns.

What are the top accelerators in Seattle?

Top accelerators include Techstars Seattle, 9Mile Labs, and Founders' Co-op. Techstars Seattle offers $120K for 6% equity. The ecosystem also benefits from proximity to major tech companies that provide mentorship and resources.

How much does it cost to start a startup in Seattle?

Seattle has a cost of living index of 150 (50% above national average). Average rent for a 1-bedroom is around $2,200/month. While more expensive than some cities, the access to top tech talent and lower costs than SF/NY make it attractive.

What industries are strongest in Seattle?

Seattle is particularly strong in enterprise software, cloud computing, AI/ML, and e-commerce. The presence of Amazon and Microsoft creates strong network effects and talent pools in these areas.

Is Seattle good for finding tech talent?

Yes, Seattle has one of the strongest tech talent pools in the US, with access to University of Washington graduates, employees from major tech companies, and a growing number of tech workers. The city has over 200K+ tech workers.

What VCs are active in Seattle?

Active VCs include Madrona Venture Group, Founders' Co-op, and Voyager Capital. Many Bay Area VCs also actively invest in Seattle startups, recognizing the strong talent and lower costs compared to SF.