Local startup PlaceFull secures $1 million in funding

PlaceFull, founded by former Microsoft Corp. executive and Redmond resident Ryan Hamlin, has recently raised $1 million in seed funds from several angel investors in the Puget Sound area.

PlaceFull, founded by former Microsoft Corp. executive and Redmond resident Ryan Hamlin, has recently raised $1 million in seed funds from several angel investors in the Puget Sound area.

The local startup helps small businesses grow and expand their online presence by providing flexible marketing solutions and online booking capabilities. These funds will be used to power PlaceFull’s expansion into new markets across the United States and to speed the adoption of PlaceFull’s private label platform, a back-end technology that allows businesses to embed their listings directly on their own website to increase bookings.

“Today, consumers expect merchants to have the ability to book online,” said Hamlin, who is also the CEO at PlaceFull. “Already, over 60 percent of our bookings occur after businesses have gone home for the night. That is why we created PlaceFull; we want to make it convenient and seamless for consumers to be able to purchase online, which helps drive more revenue to local merchants.”

Six months after launch, PlaceFull has more than 500 listings in the Seattle and Portland areas. There are plans in the works to expand PlaceFull into new markets.