TechCrunch LA

AUGUST 12, 2022

In 2018, co-founders Schuyler Deerman and James Chan started selling healthy meals at WeWork offices around Los Angeles out of giant Yeti coolers, standing around the kitchens during lunch time. “At At the time, Positive Food had its meals in 70 coffee shops around Los Angeles. Positive Food Co., Then the COVID pandemic hit.

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socalTECH

DECEMBER 21, 2021

Los Angeles-based Sketchy, an educational technology company known for creating visual study tools, says it is taking aim at the MCAT (Medical College Admission Test) in a deal with Blueprint, a provider of MCAT prep products. Sketchy is backed by TCG and Reach Capital, who invested $30 million in the company in 2020.

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TechCrunch LA

JANUARY 26, 2020

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., Last year, the investment firm expanded with a $1.7 — Scopely (@scopely) January 26, 2020. shortly before 10 a.m.

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TechCrunch LA

APRIL 4, 2020

— Doug Rand (@doug_rand) April 4, 2020. Apparently that didn’t happen, as Mark Suster, the managing partner of Los Angeles-based Upfront Ventures, noted in a tweet. — Mark Suster (@msuster) April 4, 2020. — Mark Suster (@msuster) April 4, 2020. — Matt Hottle (@MattRedhawk) April 4, 2020.

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TechCrunch LA

SEPTEMBER 21, 2021

CrossCut Ventures, ManchesterStory and Western Technology Investments co-led the investment, which brings its total raised to $15.3 ” In 2020, Root had a direct loss ratio of 82%. It issued over 1,000 new policies in the second quarter, up “tenfold” compared to the same period in 2020. year to date so far.

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socalTECH

NOVEMBER 15, 2021

Los Angeles- and Tel Aviv-based Intelligo, a software startup which develops software for financial risk intelligence and investment due diligence, said today that it has raised $22M in funding, the company said this morning. According to the company, the funding comes on top of a $15M, Series B funding in November of 2020.

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TechCrunch LA

FEBRUARY 11, 2020

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Hyundai Motor Group has committed to invest $87 billion over the next five years.

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TechCrunch LA

MARCH 27, 2021

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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TechCrunch LA

APRIL 30, 2019

Faraday said that it expects the JV to reach an annual production capacity of 300,000 vehicles and begin selling cars by 2020. The Chinese real estate giant backed out of a proposed $2 billion investment deal with Faraday at the end of 2018 following an extended dispute over terms. Faraday has since sought alternative investment.

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socalTECH

MARCH 25, 2019

Los Angeles-based Faraday Future and Chinese gaming products maker The9 Limited annoucned this morning that the two companies will enter into a new, joint venture, which will produce electric cars for sale in China. READ MORE>>.

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TechCrunch LA

JUNE 10, 2021

In all of 2020, it processed $53 billion in volume. Meanwhile, in 2020, Klara hit over a billion in revenue. We’ve scaled up so massively in investments in our growth and technology, but running on a loss is very odd for us,” he told TechCrunch. in markets such as New York and Los Angeles.

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socalTECH

NOVEMBER 9, 2021

Los Angeles-based e-commerce platform developer Boosted Commerce says it has hired Steve Oliver, the former CEO of e-commerce startup Hollar as its new President. Oliver was head of Hollar through its sale to Five Below in 2020. He previously also served as COO of Ticketfly, and also previously served at Amazon.

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socalTECH

AUGUST 11, 2020

Los Angeles-based J2 Global , which owns a large number of online brands--including IGN, Mashable, Offers.com, BabyCenter, eFax, and iContact--says it saw record, second quarter 2020 results. The company said it ended the quarter with approximately $711M in cash, cash equivalents, and investments. for Q2 of 2019. READ MORE>>.

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socalTECH

DECEMBER 26, 2019

While we were incorporated last year, the company actually came to life this year, with the formation of our team, our initial funding, and the development of our investing portal all happening in the last seven months. Companies are making it easier than ever for individuals to bank, save, and invest for their future. READ MORE>>.

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socalTECH

APRIL 26, 2021

Los Angeles-based ZipRecruiter, a provider of recruiting tools for companies, has filed for a direct listing on the NYSE, saying it is looking to raise as much as $100M in a public offering. on revenues of 418.14M for the year ended December 31, 2020. on revenues of 418.14M for the year ended December 31, 2020.

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.Net Los Angeles Tool Report 100

socalTECH

MAY 14, 2019

The Chinese owner of Los Angeles-based gay dating app Grindr must sell Grindr by June of 2020, after reaching an agreement with the Committee on Foreign Investment in the U.S. Beijing Kunlun Tech Co. ,

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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 new fund will primarily in businesses based in North America, and selectively in Europe and Australia, and is focused on focused control private equity investments in lower middle-market companies.

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socalTECH

MAY 27, 2021

Los Angeles-based Topia, a startup which is developing video chat tools that work inside what it says are "fully customizable virtual worlds", has raised $5M in a seed funding round, the company said late Wednesday. The company said it will use the funding to build out its team and invest in its "creator economy."

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socalTECH

MAY 12, 2020

Los Angeles-based J2 Global , which operates a large number of Internet related businesses, reported its first quarter results on Monday. According to J2 Global, its Q1 2020 quarterly revenues increased 10.8% The company is now sitting on $625M in cash and investments. for its first quarter, to $332.4M.

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socalTECH

AUGUST 22, 2019

Techstars Music , the startup acceleration program run by Techstars in Los Angeles, is getting set to launch a new, 13-week program in Los Angeles in February, announcing on Thursday that it has opened up applications for the accelerator. Techstars Music says it will invest $1.2M Techstars Music says it will invest $1.2M

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Startup Professionals Musings

JUNE 28, 2021

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Rose, according to his classic book, “ Angel Investing.” They will need more money.

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socalTECH

JULY 13, 2020

who is based in Los Angeles--has launched a brand new startup accelerator called Product Club , which is aiming itself at accelerating a small class of product-focused startups. The new accelerator said it will invest $100K in three companies, taking 5 percent equity, and run its accelerator entirely remote.

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Product Startup Class Venture Capital 113

TechCrunch LA

OCTOBER 19, 2021

In addition to San Francisco, the company is now operating in Los Angeles. High school friends Jonathan Friedland and Chris Clark started Locale in 2020 and bootstrapped its way to hundreds of customers, and since being a part of Y Combinator’s three-month program, grew revenue by 100% year over year, Friedland said.

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Both Sides of the Table

SEPTEMBER 15, 2022

Even then private market investors can paper over valuation changes by investing at the same price but with more structure so it’s hard to understand the “headline valuation.” No blog post about how Tiger is crushing everybody because it’s deploying all its capital in 1-year while “suckers” are investing over 3-years can change this reality.

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Venture Capital Marketing Technical Review Seed Funding 416

TechCrunch LA

AUGUST 20, 2019

The Los Angeles-based gaming company, Scopely is expanding its geographical footprint in Spain and Ireland. Meanwhile, Scopely is also planning to invest heavily in expanding its strategy-focused game studio, DIGIT, in Dublin. The company also plans to double its footprint in its hometown of Los Angeles in 2020.

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TechCrunch LA

FEBRUARY 2, 2021

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. StackCommerce was advised by investment bank CG Petsky Prunier, part of the Canaccord Genuity Group.

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Media Commerce Company Companies 134

Both Sides of the Table

JUNE 27, 2021

In short: Access to great deals, ability to be invited to invest in these deals, ability to see where value in a market will be created and the luck to back the right team with the right market at the right time all matter. So if you truly want to be great at investing you need all the right skills and access AND a diversified portfolio.

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TechCrunch LA

MARCH 2, 2021

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. “ 2020 was a blowout year… People needed an interactive streaming platform that they could spin up quickly that they could launch on their website.”

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TechCrunch LA

AUGUST 9, 2022

This round is being led by Point72 Private Investments, with previous backers Toba Capital, Index Ventures, Bonfire Ventures, BoxGroup, and VMG Partners also participating. But at the same time, Los Angeles–based Boulevard got this funding infusion at a boosted valuation because it has been on a roll. “It was a big reshuffle.”

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TechCrunch LA

JANUARY 29, 2020

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. — Dan Primack (@danprimack) January 29, 2020.

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IBM IBM Venture Capital Invest 164

TechCrunch LA

MAY 15, 2022

Uber Eats is launching two autonomous delivery pilots in Los Angeles on Monday with Serve Robotics, a robotic sidewalk delivery startup, and Motional, an autonomous vehicle technology company. ” Serve Robotics is partnering with Uber Eats on an autonomous delivery pilot in Los Angeles.

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West Hollywood Los Angeles Santa Monica Customer 232

socalTECH

DECEMBER 23, 2019

We have invested in 13 companies out of our Fund 1 so far and are more bullish than ever on the amazing entrepreneurs we are meeting and the companies we are helping them build. Backtracks and other killer companies will create significant value as the podcast ecosystem accelerates in 2020. Think Google Ad Words for podcasting.

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TechCrunch LA

APRIL 21, 2021

Crosscut Ventures, Mubadala Capital, Next Play Capital and Owl Capital also participated in the financing, which brings the Los Angeles-based company’s total raised to $50 million since its 2010 inception. Welcome Tech, which has an office in San Antonio, Texas, raised an $8 million Series A in March of 2020.

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TechCrunch LA

MARCH 13, 2020

That applies to startups like the retail chains b8ta and Neighborhood Goods , the beauty brand, Glossier , the Los Angeles-based arcade chain for the new millennium, Two Bit Circus ; and the most celebrated of the direct to consumer startups, Warby Parker. — Nancy Pelosi (@SpeakerPelosi) March 13, 2020.

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Funding Los Angeles Resource Report 145

TechCrunch LA

MARCH 19, 2020

A new initiative from a Los Angeles investor is taking stock of venture firms and their ability to commit capital in an effort to match firms that are still open for business and cutting checks to startups that are fundraising in the age of COVID-19. — Laurent Grill (@laurentgrill) March 18, 2020. PLEASE RT to spread the word.

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Venture Capital Capital Technical Review Los Angeles 135

TechCrunch LA

NOVEMBER 4, 2019

She created and launched an overall brand and a swim collection , then came the book deal ( “This is Not a Fashion Story: Taking Chances, Breaking Rules, and Being a Boss in the Big City” is expected out May 2020). Naturally, the next step in Bernstein’s evolution from blogger to businesswoman was a technology startup.

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TechCrunch LA

MARCH 31, 2021

“The climate-oriented investment in Biden’s new plan would be roughly ten times what came through ARRA,” wrote Shayle Kann, a partner with the investment firm, Energy Impact Partners. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

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