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Uber Plans Flying Taxis In Los Angeles By 2020

socalTECH

On-demand ridesharing service Uber hopes to bring flying taxis to Los Angeles by 2020, the company said this morning, and has just signed a contract with the U.S. Uber has said it will operate the "ridesharing for the sky" service from special rooftop take-off-and-landing sites throughout Los Angeles. READ MORE>>.

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Los Angeles-based Luxury Presence raised $5.4 million for its real estate marketing services

TechCrunch LA

Real estate is a big business in the sprawling city of Los Angeles, and new technology tools to target the industry continue to attract investor attention. The latest of these is Luxury Presence , which pitches digital marketing services to real estate agents and has raked in $5.4

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ChargerHelp raises $2.75M to keep EV chargers working

TechCrunch LA

an on-demand repair app for electric vehicle charging stations, has seen these issues firsthand. Demand for ChargerHelp’s service has attracted customers and investors. This round values the startup, which was founded in January 2020, at $11 million post-money. It was here that she spotted a gap in the EV charging market.

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Energica CEO plots her Italian EV company’s reboot from lockdown

TechCrunch LA

There could be more demand for electric vehicles post COVID-19 crisis, believes Energica founder Livia Cevolini. One of those is greater demand for EVs after the pandemic. Before the health crisis shutdown most of Italy, Energica had already seen larger demand for its high-performance e-motos, with a price range of $17,000 to $23,000.

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A16z-backed Shein challenger Cider is growing rapidly

TechCrunch LA

Shein has shown the world how combining social media marketing, data analytics, and China’s well-oiled supply chain has created a $100 billion fast fashion behemoth. million installs across the world to date, according to data provided by market intelligence firm Sensor Tower. Cider’s other major markets are the U.K.,

Startup 217
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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.

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Just raises $8M in its effort to beat Root at the car insurance game

TechCrunch LA

Los Angeles-based Just says it uses telematics “to reward safe drivers and reduce insurer bias” by looking at factors such as how, when and where customers drive, rather than factors such as ZIP code or marital status as most traditional insurers do. ” In 2020, Root had a direct loss ratio of 82%. Image Credits: Just Insure.

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