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The massage-on-demand service Soothe seems to be rubbing investors the right way with the close of a new $31 million round of funding. The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service.
March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. ” Those two themes are borne out in the support March Capital has provided for The Hive , an artificial intelligence-focused incubator, and The Fabric , an infrastructure and internet of things-focused incubator.
Los Angeles-based Clutter , which operates an on-demand, physical storage service which picks up and delivers your belongings from offsite storage, has raised $64M in a Series C funding, the company disclosed this morning. The funding came from Atomico, Sequoia Capital, GV (Google Ventures), and Fifth Wall.
Shuttle startup Via and the city of Cupertino are launching an on-demand public transportation network, the latest example of municipalities trying out alternatives to traditional buses. The on-demand shuttle service, which begins October 29, will eventually grow to 10 vehicles and include a wheelchair-accessible vehicle.
in seed funding for its service, from such angels as Aaron Batalion (LivingSocial), Ben Huh (The Cheezburger Network), Naval Ravikant (AngelList), Paige Craig, Jillian Manus, Mike Walsh, and Structure Capital, along with Double M Capital, Venture51, Expansion, and Karlin Ventures. Honk also revealed that it has raised $1.8M
The round was led by Qumra Capital, a new investor. Microsoft’s venture fund M12, also a new investor, participated in the round alongside Acrew Capital, Khosla Ventures, Lightspeed Venture Partners, Munich Re Ventures, and Israeli entrepreneur Shlomo Kramer, who co-founded security firms Check Point and Imperva.
When it comes to venture capital, Los Angeles is a city on the rise. It’s also the city where investors are spending the most money outside of venture capital’s big major hubs: San Francisco, Boston and New York. Will Hsu, Mucker Capital. Karan Wadhera, Casa Verde Capital. Dana Settle, Greycroft Partners.
Los Angeles- and New York-based 3L Capital , a new venture capital investment fund co-founded by former Demand Media CEO Shawn Colo, has raised $217M in a new investment round, the firm said today. Colo co-founded the firm with Dave Leyrer (Nexus Group, Boulevard Capital Management) and Kerry Kellogg (RSE Ventures).
Is there room on your curb for (yet another) on-demand scooter company? SUN is led by CEO Kevin Ellyson, and the company says it is advised by Brandon Maier, Founder of WestWave Ventures, and Founding Partner of Quake Capital. The company says that so far, it is offering up its scooter service in Los Angeles and San Diego.
Wrench , the Seattle-based on demand vehicle maintenance and repair service for consumers and fleets, has raised $20 million in its latest round of financing. The company’s round was led by Vulcan Capital with additional participation from Madrona Venture Group, Tenaya Capital and Marubeni Corp.
A positive result of being a recognized category expert is that it gives you the credibility to broaden demand and start new trends, instead of waiting for outside influencers and other customers. Naturally, you then get the lion's share of that increase in demand. Customization – convince me it was made-for-me.
Santa Monica-based Heal , the on-demand doctor's house call startup, said this morningg that it has raised $26.9M The funding was led by Tull investment Group, and also included Breyer Capital, Paul Jacobs (Qualcomm), David Ellison (Skydance Media), Hashtag One, and Slow Ventures. in a Series A funding.
Culver City-based Clutter , which offers up "on-demand" self storage of your extra stuff, has raised $200M in a Series D funding, the company announced on Wednesday morning. According to Clutter, the Series D funding was led by SoftBank Vision Fund with participation from Sequoia, Atomico, GV, Fifth Wall and Four Rivers.
Macquarie Capital , the investing arm of Macquarie Group, says it has provided $100M in a debt financing, to back development of a new battery-based energy storage project in Southern California. According to Macquarie Capital, the debt funding is part of a 52.5
He comes from a background in venture capital from inside and outside the Valley, as well as entrepreneurship work with startup efforts around the world. I second his list of top innovation challenges and strategies to capitalize on untapped global startup opportunities: Create new markets rather than disrupt existing ones.
When it first launched nearly three years ago, Fifth Wall had a vision of leveraging capital limited partners from across the real estate development and construction business to back the technologies the industry needed most. billion in assets under management.
A little over a year after its graduation from Y Combinator’s demo day, the on-demand construction materials delivery service Curri is beginning to offer its services in all 50 states. ” After graduating from Y Combinator in the summer of 2019, the company tested its services in the Southern California region.
capital venture restaurant demand mobile parking valet curbstand' The company said the funding will go to expand its executive staff, launch its operations outside of Los Angeles, and further develop its product. CurbStand''s app lets users find valet parking at restaurants, nightclubs, and other locations. READ MORE>>.
Los Angeles-based Envoy , which operates a service which makes on-demand electric vehicles available as an amenity at apartments, hotels, and workplaces, has raised $11M in a Series A funding round. Envoy was co-foudned and is led by CEO Aric Ohana.
This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference.
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. million from investors Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund. Terry, who co-founded ChargerHelp! , Powering up.
Culver City-based Flowspace , a provider of "on-demand" warehousing and fulfillment services to businesses, has raised $12M in a Series A funding round, the company announced this morning. According to Flowspace, the round was led by Canvas Ventures, and also included Moment Ventures, 1984 Ventures and Y Combinator.
There weren’t a lot of seed funds in 2007 so this was often done by angels, funding consortia or sometimes early-stage funds that existed then (First Round Capital, True Ventures, SoftTech VC, etc.). Entrepreneurs started demanding that VCs call their first-round financings “seed” rounds even if they were $3 million.
Los Angeles-based Cartwheel, a startup that develops on-demand delivery management software, says it has raised $1M in a seed funding round, which came from TenOneTen Ventures, Act One Ventures, as well as famed hot dog restaurant chain Portillo's Hot Dogs, along with other angels.
So the team was busy enough trying to operate a new warehouse, meet increased demand for grocery delivery and keep workers safe in the process. Hall also noted that the company opened a new, larger warehouse in Oakland just a few days before shelter-in-place orders took effect last March. Image Credits: Good Eggs. Glade Brook’s J.P.
The part of the movement that resonates the most with me (in my words) is that entrepreneurs should keep their capital expenditures really low while they’re experimenting with their product and determining whether there is a large market for what they do. I believe that over capitalizing companies too early often favors the VC.
uber ridesharing fundraising venture capital ride taxi mobile ondemand demand smartphone' That fundraising completely dwarfs recent funding rounds for Sidecar ( $15M in September ), and Flywheel ( $12M in November ), and is several times larger than the $250M raised by Lyft in April. READ MORE>>.
KFC had originally launched a one-day test to gauge consumer demand at a location in Atlanta last August. The response in Atlanta continues to underscore the growing consumer demand for high-quality, delicious plant-based meats. Kentucky Fried Chicken goes beyond chicken in partnership with Beyond Meat.
and Aligned Climate Capital to create a virtual power plant financing vehicle with a target of $450 million. By networking these individual homes and businesses into virtual power plants, Swell is able to bring down the cost of ownership for its customers and help utilities manage demand across their electric grids,” said Khan. “By
In startup-land, however, the presumptions about where housing demand is going looks a bit different. Seeking roommates and venture capital. And housing shortages in major cities indicate there’s plenty of demand for non-Airbnb options. About two-thirds of new homes being built in the U.S.
Ventura-based The Trade Desk , the real time, demand-side advertising platform developer led by Jeff Green, has raised $20M in a Series B funding, the company said today. v2tc advertising online capital venture desk trade thetradedesk' The new round was led by Hermes Growth Partners, and also included prior investor IA Ventures.
When former Bill Clinton speechwriter and political wunderkind Andrei Cherny launched Aspiration four years ago , the upstart fintech startup was one of Los Angeles’ early entrants into a financial services market dominated by players from Europe and the financial capital of the U.S. in New York City.
Ross Lipson, the chief executive officer and co-founder of the on-demand marijuana and cannabis delivery service, Dutchie, had thought he was done with the online delivery business. It had been only five years since Lipson sold a food delivery business he spent a decade building when the inspiration for Dutchie came to him.
FirstMark Capital, Upfront Ventures, as well as new investors Skyview Capital and Halogen Ventures also participated in the funding. HopSkipDrive, which is led by CEO Joanna McFarland, said it will use the new funding to accelerate growth in new and existing markets and scale its operations to meet growing demand.
and Europe, today announced that it has raised $65 million, with $50 million of those as a Series B funding round co-led by Albacore Capital Group and $15 million in convertible notes. Expa and Keyframe Capital, as well as new investor Capital One Ventures also participated in this route. In the U.S., Image Credits: Aero.
The funding is coming from funds and accounts managed by BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners alongside with previous investors GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital , Scrum Ventures, and other unnamed participants.
The funding is being led by QED Investors; Founders Fund, Susa Ventures, Navitas Capital, and Prudence Holdings also participated. Interestingly, that demand has grown a lot during the pandemic, with demand for new homes as much as four times higher than demand for buying “existing” homes.
You have to understand whether they’re likely to yield revenue growth in the near term OR whether you have access to cheap enough capital to fund your losses until your investments pay off. Have easy access to capital by investors who are committed to building businesses at Interent scale. Internet scale.
I interviewed Eric for an hour for - This Week in Venture Capital. 26:44 Too much capital is not good. 36:30 Eric: Social media is great for people with social capital. 57: 00 How do you rectify company mission and customer demand. ” This week was no exception. Little money. 31:10 Mozy Pro Ad. 34:00 Imvu.
Liberty Street Funds, Walleye Capital, Japan Post Capital, Joseph Stone Capital, Pegasus Tech Ventures, Tech Pioneers Fund are among the new backers, who are being joined by existing investors Celtic House Asia Partners, INP Capital, Reimagined Ventures, Moringa Capital Management, and others, along with other unnamed participants.
You then make selections around aspects like Founder Status, Job Title, Headcount, Revenue, Development Stage, Capital Raised, Funding Round, etc. Well the easiest visualization to use is to go to the Benchmarks Tab. If you get too specific, then the counts will get very small and may not be the best comparison.
One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. Blade, led by founder and chief executive officer Rob Wiesenthal, a former Warner Music Group executive, has raised about $50 million in venture capital funding to date.
Los Angeles is partnering with on-demand shuttle-based service Via as part of a pilot program that will give people rides to three busy public transit stations. Under the pilot program, Via will provide on-demand rides to and from the Compton, El Monte and North Hollywood stations. and New York.
ClickUp has raised $135M in venture capital so far. Zeb Evans: Holistically, there's a huge demand for more flexibility or remote work. The demand is there, we've certainly seen that. We see a lot of people in engineering demanding the flexibility to work remotely. What is ClickUp? Where's your company now?
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