socalTECH

OCTOBER 27, 2020

Camarillo-based wireless internet service provider (WISP) GeoLinks has scored private equity backing, saying on Tuesday that it has received private equity funding from Rock Mountain Capital. Size of the investment was not announced.

Equity 113

Equity Acquisition Networking Capital 113

Berkonomics

DECEMBER 24, 2020

Use creative fundraising instead of equity or debt? Email readers, continue here…] If you are already purchasing raw materials or services such as development or programming, consider asking your supplier to be a paperless partner, showing confidence in you and your future business by granting you deferred payments.

Equity 156

Equity Outsource Development Customer Custom 156

Berkonomics

DECEMBER 31, 2020

The company was funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all. And we should not forget that non-profits of all types depend upon grants for a significant amount of their funding, often employing professional grant writers on staff or as consultants.

Equity 156

Equity Writing Education Research 156

socalTECH

SEPTEMBER 14, 2021

Santa Monica-based fintech startup Grow Credit, which helps consumers build their credit score through payments for subscription services, said on Tuesday that it raised $106M in a combination of equity and debt. The funding included $6.3M in equity, and $100M in debt.

Equity 113

Equity Santa Monica Commerce Funding 113

Startup Professionals Musings

FEBRUARY 15, 2023

If you really want to start a business your way without a boss or professional investor hovering over you, then just fund it yourself or through friends and family, and grow it organically. Barter services for access to required resources. Use your equity for key executives and business partners.

Equity 139

Equity Social Media Startup Summary 139

socalTECH

OCTOBER 15, 2014

Aliso Viejo-based H3 Financial Services , a developer of web-based software for managing consumer finance and billing for the dental and veterinary market, has scored a Series A investment. The funding came from Newport Beach-based Connexus Equity Management Partners. H3 Financial Services is led by Joe Simrell.

Services 147

Services Funding SaaS Equity 147

socalTECH

SEPTEMBER 13, 2021

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

Capital 113

Capital Funding Outsource Development Equity 113

TechCrunch LA

JUNE 10, 2020

We’ve created the HBCUvc Donor Circle as an opportunity for supporters and individuals to engage in our work and join a long-term strategy toward racial equity in venture capital and technology,” she wrote in the post. We cannot make significant progress in advancing racial equity without long-term financial commitment,” Mujhid wrote.

Equity 220

Equity Technical Review Venture Capital Blogging 220

Startup Professionals Musings

JUNE 11, 2022

Angel investors and venture capitalists don’t make equity investments in nonprofit good causes. A nonprofit organization is generally defined as an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. There is no discussion of equity, or return on investment.

Funding 130

Funding Equity Technical Review Organization 130

socalTECH

DECEMBER 21, 2021

Los Angeles-based fintech startup Novea, the parent company of Novea, Jacana Warranty, and Jacana Insurance, says it has raised $50M in equity funding, along with $5M in debt. The funding came from Newpoint Financial Group, a Swiss investor. Novea is led by CEO Jim Quinlan.

Services 113

Services Equity Los Angeles Platform 113

socalTECH

FEBRUARY 20, 2020

Irvine-based SmartBug Media , a marketing agency which helps businesses with lead generation, has received a private equity investment from American Discovery Capital (ADC). According to SmartBug Media, the two have formed a strategic partnership, and will use the funding to accelerate its growth. READ MORE>>.

Equity 113

Equity Media Invest Design 113

socalTECH

MARCH 1, 2019

Van Nuys-based Jet Edge International , a provider of aircraft management and private jet charter services, said this week that it has raised $60M in a equity and debt funding round. The funding was led by Los Angeles-based private equity investor Solace Capital Partners.

Van Nuys 113

Van Nuys Services Equity Los Angeles 113

socalTECH

SEPTEMBER 11, 2014

The funding came from Caltius Equity Partners. As part of the funding, Vision Internet said it has named David M. Nachman is the former Chief Business Officer of Velocify, and also served at Marlin Equity Partners, Phoenix Energy Technologies, McKinsey and Company, and Kidder, Peabody & Company. Nachman as its CEO.

Equity 174

Equity Invest Santa Monica Web Development 174

socalTECH

AUGUST 27, 2019

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. Details on the equity portion were not announced.

Equity 100

Equity Invest Santa Monica Tool 100

socalTECH

FEBRUARY 2, 2018

Los Angeles-based online car rental service HyreCar has just raised $1.465M in debt funding, as part of an ongoing $2.3M funding round, according to a regulatory filing from the firm on Thursday. Details on the funding--which appears to be a convertible note or bridge round, with warrants--have not yet been announced.

CTO Hire 157

CTO Hire Funding Equity Los Angeles 157

Berkonomics

MAY 23, 2024

Give one percent equity to each outside board member vesting over two to four years of service. Pay early-stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over two to four years of service. How do you set the option price?

Venture Capital 156

Venture Capital Pricing Equity Invest 156

TechCrunch LA

JULY 19, 2022

The process for retailers and brands to liquidate excess inventory hasn’t changed very much, if at all, and while some retailers were able to build operational infrastructure to service the off-price channels, it continues to be a constant pain point. The equity will go toward hiring more talent to join Ghost’s 25-person team.

Product 191

Product Funding Technical Review Equity 191

socalTECH

MAY 30, 2019

Los Angeles-based Mission , a startup providing managed services and consulting for Amazon Web Services, has raised $15M in a funding round, from private equity investor Great Hill Partners. According to Mission, it will use the new funding to expand its team, technology, system, and go-to-market.

Services 133

Services Southern California Web Equity 133

socalTECH

SEPTEMBER 24, 2020

Newport Beach=based private equity investor L Squared Capital said on Wednesday that it has closed a new fund, L Squared Capital Partners III , at just over $500M. L Squared says its sectors of focus include education technology, tech-enabled services & software, and industrial technology & services.

Capital 113

Capital Funding Equity Education 113

socalTECH

JANUARY 10, 2022

Los Angeles-based mPulse Mobile, which develops conversational AI software for the healthcare industry, says it has acquired HealthCrowd, a provider of healthcare communications services for the Medicaid market. Details of that funding were not announced by the company. Financial terms of the deal were not announced.

Mobile 113

Mobile Funding Equity Acquisition 113

Startup Professionals Musings

JULY 5, 2023

It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective. Usually these will not give you money, but will provide inexpensive expert mentoring and office services. Sometimes these will ask for 5%-15% of your equity for their support services.

Startup 122

Startup Funding Organization Incubator 122

socalTECH

FEBRUARY 16, 2011

Los Angeles-based private equity firm The Gores Group said Wednesday that it has closed on Gores Capital Partners II, L.P., The firm said that the new fund will acquire companies, primarily in the technology, telecommunications, business services, industrial, consumer, and healthcare sectors. with commitments of $2 billion.

Equity 164

Equity Funding Los Angeles Capital 164

Startup Professionals Musings

OCTOBER 19, 2022

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. Startup equity model. In Europe, other investors can buy equity, with platforms such as Seedrs. In the U.S.,

Funding 141

Funding Startup Outsource Development Satisfaction 141

socalTECH

JUNE 3, 2021

El Segundo-based human capital and policy management software developer NEOGOV, which is led by Shane Evangelist, has scored a round of funding from private equity giants The Carlyle Group and Warburg Pincus. The size of the investment--described as "significant"--was not announced. Warburg Pincus had an existing stake in NEOGOV.

El Segundo 113

El Segundo Funding Equity Education 113

socalTECH

DECEMBER 11, 2018

Burbank-based Cast & Crew , which provides software and services for both payroll and production management to Hollywood, has been acquired by private equity investor EQT Partners. Cast & Crew previously was owned by private equity investor Silver Lake. EQT Partners said Cast & Crew was acquired by its EQT VIII fund.

Silver Lake 100

Silver Lake Equity Burbank Hollywood 100

SoCal CTO

SEPTEMBER 27, 2011

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. I'll get to service providers in a later post. Founders are likely not paid for a long time and have a sizeable equity percentage for early risk and having the concept.

Equity 391

Equity CTO Hire Startup Examples 391

TechCrunch LA

DECEMBER 17, 2020

Allan Jones’s first startup was Fourth and Grand , a Trunk Club-like service backed by the venture studio and accelerator, Science, out of Santa Monica. What sets Bambee apart from companies like Zenefits and other companies looking to provide human resources services is its focus on the needs of employees as well as employers.

Services 281

Services Resource Santa Monica Los Angeles 281

Startup Professionals Musings

AUGUST 29, 2020

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Trade equity or services for startup help. The process is long, but it doesn’t cost you any equity.

Funding 174

Funding Startup Equity Examples 174

socalTECH

FEBRUARY 22, 2021

Los Angeles-based NXCR, a new, subscription car startup led by automotive startup veteran Scott Painter, has raised $30M in a seed funding, based on an internal employee email obtained by socaltech. According to the email from Painter, the funding is the company's first external equity financing.

Seed Funding 113

Seed Funding Truecar Funding Southern California 113

socalTECH

JANUARY 26, 2021

ServiceNow, the digital workflow and service management software developer which has operations in San Diego, said today that it has launched a new $100M investment fund, part of which will look at investments in San Diego.

San Diego 113

San Diego Invest Funding Equity 113

socalTECH

FEBRUARY 7, 2019

San Diego-based Power Digital Marketing , a digital marketing agency has raised a round of funding, from private equity investor Periscope Equity. The company says it offers up content marketing, SEO, paid marketing, social media marketing, and other related services. READ MORE>>.

Marketing 113

Marketing SEO Funding Social Media 113

socalTECH

JANUARY 28, 2019

Los Angeles-based HeyTutor , which operates an online marketplace to help connect students with in-home, tutoring services, has raised approximately $1.0M in what looks like a convertible note funding, based on a regulatory filing by the company. The funding was disclosed on Friday in a publicly available filing. READ MORE>>.

Funding 113

Funding Venture Capital Equity Los Angeles 113

socalTECH

OCTOBER 14, 2020

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

Capital 100

Capital Funding Santa Barbara Equity 100

socalTECH

JUNE 22, 2016

Sherman Oaks-based Processing.com , a provider of payment processing services, announced this morning that it has received a "significant" private equity investment, from LaSalle Capital. The company said the funds would go to further invest in its technology and products. Size of that investment was not announced.

Sherman Oaks 100

Sherman Oaks Equity Invest Capital 100

socalTECH

JULY 25, 2018

San Diego-based software developer TriTech , a developer of public safety software for 911 dispatching, crime mapping, emergency medical services, and other related areas, has been rolled into single company with another two companies, Superion and Aptean. Financial details of the deal were not announced.

San Diego 100

San Diego Equity Capital Software Development 100

Startup Professionals Musings

SEPTEMBER 8, 2019

Angel investors and venture capitalists don’t make equity investments in nonprofit good causes. A nonprofit organization is generally defined as an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. There is no discussion of equity, or return on investment.

Equity 94

Equity Startup Technical Review Organization 94

socalTECH

NOVEMBER 6, 2017

San Diego-based Aquam Corporation , which provides technology for addressing deteriorating pipes used in water and other utility infrastructure, has raised $26M in a private equity funding, the company said this morning. The funding came from NewWorld Capital Group, and also included an un-nnamed, Credit Suisse advised fund.

Services 124

Services Technology San Diego Equity 124