Pioneer Square Labs Explained

Pioneer Square Labs
Type:	Private
Industry:	Startup Studio, Venture Capital Fund
Founded:	in Seattle, WA^[1]
Num Employees:	19
Num Employees Year:	2018

Pioneer Square Labs (PSL) is an American startup studio and venture capital fund,^[2] founded in 2015 and is based in Seattle, Washington. PSL develops and tests new business ideas and creates new companies out of the successful ones.^[3] As of February 2021, Pioneer Square Labs was recognized as one of the top startup studios based on website traffic to its top 3 portfolio companies.^[4]

Spinouts

• LumaTax, a sales tax compliance tool for small business owners ^[5]
• Ad Lightning, an advertising analytics platform for publishers ^[6]
• JetClosing, a title insurance and escrow company ^[7]
• Boundless Immigration, a tool for helping people navigate the United States immigration system ^[8]
• Taunt, a company creating engaging experiences around live esports^[9]
• TraceMe, a fan engagement platform for athletes and celebrities ^[10]
• Joon Care, a teletherapy practice providing mental health care for youth and young adults ^[11]

Notes and References

1. Web site: Soper. Taylor. Top Seattle investors raise $12.5M for new 'startup studio' Pioneer Square Labs. GeekWire.
2. Web site: Soper. Taylor. Seattle startup studio Pioneer Square Labs raises new fund to bankroll more companies. GeekWire.
3. Web site: Lerman. Rachel. Pioneer Square Labs aims to turn ideas into businesses. The Seattle Times.
4. Web site: Kronenberger. Craig. 2021-02-23. Top Startup Studios by Website Traffic. 2021-03-26. Medium. en.
5. Web site: Levy. Nat. Pioneer Square Labs spinout LumaTax raises $2M from Madrona, Greycroft. GeekWire.
6. Web site: Stewart. Ashley. Autoplay-ad-killing startup Ad Lightning raises $2M and hires ex-Cheezburger CEO. Puget Sound Business Journal.
7. Web site: Soper. Taylor. JetClosing raises $2.3M from Trilogy and Maveron to digitize the real estate closing process. GeekWire.
8. Web site: Levy. Nat. Startup led by ex-Amazon manager and Obama tech policy guru raises $3.5M to navigate the 'opaque, intimidating, and high-stakes' immigration process. GeekWire.
9. Web site: Cooke. Sam. Esports fan competition platform Taunt raises $1.75m. Esports Insider.
10. Web site: Badenhausen. Kurt. Russell Wilson Launches Mobile App To Connect Fans With Celebrities. Forbes.
11. Joon Care Raises $3.5 Million to Address the Urgent Need for Accessible Mental Health Care for Teens and Young Adults. 2020-12-16. www.prnewswire.com. en.