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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

We’ll just wait until companies that last raised in 2019 or 2020 come to market.” Across more than 10 years we have kept the size of our Seed investments between $2–3.5 million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup.

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Curri rolls out nationwide delivery service for construction materials industry

TechCrunch LA

” After graduating from Y Combinator in the summer of 2019, the company tested its services in the Southern California region. . “They act as a wholesaler doing all the sales, but they’re also acting as a logistics company as well,” said Lafferty. “ We provide a solution for them to flex up or down and save money.”

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Lyre's Picks Up $11.5M For Non Alcoholic Drinks

socalTECH

in a seed funding round. The funding came from VRD Investment, Doehler Ventures, DLF Venture, Maropost Ventures, and HNWI, along with a number of family offices. Lyre's said the funding comes as it prepares to launch a "ready-to-drink" range of products. Lyre's said it originally launched in July of 2019 in Australia.

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Reflections On 2019: Peter Cowen, Sutton Capital Partners

socalTECH

Are there any technology innovations, gadgets/devices, software, that you found most interesting in 2019? Valuations have continued to soar from early stage through later stage at an unsustainable rate, driven by large amounts of available capital, notably the increased presence of seed funds and PE firms in software.

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Drata Takes $25M For Security, Compliance Software

socalTECH

The company said it previously raised a seed funding round six months ago. The company said its founders previously started a company called Portfolium, which was acquired by Instructure in 2019. Drata said its current customers include Clearco, SmartRecruiters, The Good Face Project, 360 Insights, and Trust & Will.

Software 113
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Trust & Will Hits 100K Members

socalTECH

The company was founded in 2017, but only raised its Series A in December of 2019, when it raised $6M in funding. Trust & Will is backed by Link Ventures, Rise of the Rest Seed Fund, Western Technology Investment, Techstars Ventures, Luma Launch and Halogen Ventures.

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Aglet Picks Up $4.5M For Pokemon Go For Sneakers

socalTECH

in a seed funding round. The funding was led by Sapphire Sports, and also included Lakestar Ventures, Forecast Ventures, as well as angels att Miesnieks (6D.ai, Niantic Labs), Nate Mitchell (co-founder Oculus, Mountaintop Studios) and Greg Castle (Anorak Ventures).

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