Funded Startups in Mercer Island
Six funded startups are listed for Mercer Island, with disclosed rounds spanning from 2022-02-24 (Xplore) through the most recent 2024-12-06 (Nowadays), pl…
Six funded startups are listed for Mercer Island, with disclosed rounds spanning from 2022-02-24 (Xplore) through the most recent 2024-12-06 (Nowadays), plus one undisclosed entry on 2024-12-19 (WPAS). Disclosed amounts cluster into a mid-to-upper range: AltPep’s $53M (2023-06-22) is the only round above $50M and it dwarfs the next-largest disclosed amounts of $17M (PortX, 2023-09-27) and $16M (Xplore, 2022-02-24). The set also shows a temporal cluster in late 2023, where three disclosed rounds—PortX ($17M, 2023-09-27), AltPep ($53M, 2023-06-22), and ModusBox ($10M, 2022-09-13) sits just outside that window—frame most of the non-2022 activity. Sector and stage mix are concentrated: Data and Analytics appears in two of the six entries (PortX on 2023-09-27 at $17M and ModusBox on 2022-09-13 at $10M), while Biotechnology appears once (AltPep). Stage-wise, three of six entries are Series A or above with additional non-A/B categories present: Seed (Nowadays) and Series Unknown (WPAS).
Most recent rounds
6 shownRelated listings
Frequently asked
What’s the largest disclosed round in Mercer Island on this list, and how does it compare to the rest?
AltPep’s $53M on 2023-06-22 is the only disclosed round above $50M and stands well above the next-largest disclosed amounts: PortX’s $17M (2023-09-27) and Xplore’s $16M (2022-02-24).
Are there clear time clusters in the most recent Mercer Island rounds shown here?
Most disclosed rounds fall between 2022-02-24 (Xplore) and 2023-09-27 (PortX), with a later gap before the most recent Seed round: Nowadays closes 2024-12-06 at $2M. The only other late-2024 entry is WPAS on 2024-12-19, but its amount is undisclosed.
Which sectors are most represented across these six entries?
Data and Analytics appears twice (PortX at $17M on 2023-09-27 and ModusBox at $10M on 2022-09-13), while Biotechnology appears once (AltPep at $53M on 2023-06-22). The remaining entries are Technology (Nowadays), Financial Services (WPAS), and Other (Xplore).
How does stage distribution look across disclosed and undisclosed rounds on this page?
Seed (Nowadays, 2024-12-06 at $2M) is the only Seed-labeled entry, while Series A/B appear multiple times: ModusBox is Series A ($10M on 2022-09-13), Xplore is Series A ($16M on 2022-02-24), and PortX ($17M on 2023-09-27) plus AltPep ($53M on 2023-06-22) are Series B. One entry is Series Unknown (WPAS, undisclosed amount on 2024-12-19).
Are there outliers in disclosed amounts that suggest different deal sizing?
AltPep’s $53M (2023-06-22) is a pronounced outlier versus the rest of the disclosed amounts clustered between $2M and $17M, including Nowadays at $2M (2024-12-06) and PortX at $17M (2023-09-27). WPAS is also an outlier in the opposite direction in that the amount is undisclosed (2024-12-19), preventing comparison on size.
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