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Freeletics raises $45M for its AI-powered mobile fitness coach

TechCrunch LA

Freeletics , headquartered in Munich, Germany, is today announcing its first round of private capital after bootstrapping since 2013. The $45 million Series A was co-led by FitLab, Causeway Media Partners and JAZZ Venture Partners, with participation from Courtside Ventures, Elysian Park Ventures and ward.ventures.

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The VC Inclusion Clause #MovingForward

Both Sides of the Table

If you’re an entrepreneur who would like to see this clause in more startups please ask your VC to include it in future term sheets and link to it from their home page. “We The idea was that if any head coaching position was open the owner had to commit to interviewing at least one person from an underrepresented background.

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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? There was no money train.

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ChargerHelp raises $2.75M to keep EV chargers working

TechCrunch LA

million from investors Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund. It was here that she met Ellis, a career coach at LACI who also worked at the Long Beach Job Corp Center. Terry said they have also hired their core team of seven employees and trained their first tranche of technicians.

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Seismic Scores $170M, Now Worth $3 Billion

socalTECH

The Series G round was led by Permira and also included JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T. Along with the funding, the company said it has acquired Lessonly, a developer of sales training, coaching, and enablement software which is based in Indianapolis.

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Los Angeles Dodgers Launch Venture Focused On Youth Sports

socalTECH

According to the Dodgers, E|L1 was founded by former Seattle Mariners Prospect, Aaron Trolia, and will focus on youth sports, and providing professional instruction and resources for existing youth teams, athletes and their coaches. The venture is supported by the Los Angeles Dodgers, Nomar Garciaparra and Elysian Park Ventures.

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Insights and Opinions: The Odd Couple: Angels and Accelerators

socalTECH

At a recent accelerator event on the West Side, a friendly young founder told me that he had been coached by his mentor not to talk to Angel groups. With the VC ranks shrinking, founders need to tap every source of capital out there. With the VC ranks shrinking, founders need to tap every source of capital out there.

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