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Sundae snags $36M to build out its distressed property marketplace

TechCrunch LA

He did note that in the four markets where the company has gone live since launching its business in January 2019San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282
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Investors back Pacific Consolidated Holdings to merge leading LA-based liquor and weed delivery companies

TechCrunch LA

” Both Vaughn and his Saucey co-founder Daniel Leeb will take management positions at PCH, and Blumberg Capital and Bullpen will have a large equity stake in the newly formed holding company, Vaughn said. Its sales growth has expanded 200% year-over-year even as the company maintains its profitability, according to a statement.

Company 188
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Reflections on 2018: Rob Freelen, Silicon Valley Bank

socalTECH

Over the last four years, I watched numerous entrepreneurs raise equity. In 2018, many of them sold their companies or raised massive equity rounds. Seismic, a sales software company, raised $100M and became a unicorn. Nonetheless, I expect that in 2019 the VC market will shift toward demanding profit. Prior to the L.A.

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Reflections on 2016: Jeb Spencer, TVC Capital

socalTECH

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm.

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