Vibrant startup and business environment up

There are clear signals that Spokane is the place to build great tech companies and create high-paying jobs
SPOKANE
Spokane’s startup scene is hitting new heights, with the Ignite 25+5 Awards leading the charge in celebrating innovative companies.
The recent buzz centers around Treasury4, which just secured a massive $20 million Series A funding round, marking the largest venture capital investment in the Inland Northwest this year.
This fintech powerhouse, started by former Itron Inc. treasury pros, now has 30 employees and serves major companies with revenues between $100 million and $1 billion.
The success stories keep rolling in – like Vega Cloud, which clinched the Best B2B Company title at the 2023 awards for its cloud optimization platform. Pretty incredible to see these local companies crushing it!
What makes this even better is how the Ignite Awards program keeps evolving, with five key categories now spotlighting everything from B2B excellence to companies most likely to hit $100 million in revenue.
The annual celebration at Barrister Winery has become this can’t-miss event where entrepreneurs connect, share ideas, and dream big. Seeing companies like HyperSciences win “Most Lofty Ambitions” and Rohinni take “Most Likely to Achieve 100 Million” shows just how serious Spokane is about nurturing game-changing startups.
The ripple effect is real – more founders are choosing Spokane as their launchpad, drawn by success stories like Treasury4’s.
James Smith from Ignite Northwest wasn’t kidding when he said this sends a clear signal that Spokane is the place to build great tech companies and create high-paying jobs.
Looking at the numbers and the energy in the room at these awards, it’s obvious that Spokane’s startup scene isn’t just growing – it’s absolutely taking off!
Ends