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Techstars LA Draws International Companies For 2021 Class

socalTECH

Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. By 2021 we had to write a $3.5m

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LA’s Replicated looks to increase R&D and hiring for its operations management software after raising $25 million

TechCrunch LA

The company, which currently has 28 employees expects to grow to 75 staff members by the end of 2021, Miller said. The on-prem software market is four times larger than the SaaS market,” Miller said in a statement. It’s about how they automate the integration of the applications.”

Software 224
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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Newton said his vertical SaaS company helps legal professionals be more productive, grow their firms and “make legal services more accessible.” With 5 new unicorns in first week of 2021, are we in for a stampede this year? Clio has more than 150,000 customers across 100 countries. Clio currently has 600 employees.).

Platform 244
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Classy: More Than $1.1 Billion Raised For Nonprofits

socalTECH

billion was raised by its nonprofit customers on its platform in 2021. San Diego-based nonprofit fundraising software developer Classy says that more than $1.1 The company--which helps nonprofits reach out to donors--said about $30.8 million of that was in recurring donations on its platform.

San Diego 189
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Reflections on 2020: Nick Hedges, MomentFeed

socalTECH

What are you most looking forward to in the technology/startup world in 2021? The shift to consumers starting nearly every purchase with localized organic search appears to be permanent for brick and mortar businesses, so we have an immense opportunity to innovate in 2021 to help our client brands continue to adapt and succeed.

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Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent

TechCrunch LA

The company typically carries around 3,500 products, and since launching in California in 2021, it sees 60% of customers order a second time after their first purchase, while the cart size averages $30 per order. He also wants to take a step further eventually and deliver other items like phones.

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