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RepairSmith Pulls Up WIth $42M Funding For Mobile Auto Repair

socalTECH

Los Angeles-based mobile automotive repair startup RepairSmith, led by Joel Milne, has raised $42M in a new funding round, the company announced this morning. The Series B funding came from TI Capitl, Mercedes-Benz, Porsche Ventures, and Spring Mountain Capital.

Mobile 124
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MiLA Capital Raises First Venture Fund

socalTECH

MiLA Capital , the venture capital firm that is behind the Make In LA hardware accelerator, says it has raised its first official venture capital fund, officially closing its first fundraise. Size of the fund was not announced. Source of the funding for the new venture capital fund was not announced.

Capital 191
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mPulse Mobile Acquires HealthCrowd, Finds New Funding

socalTECH

Los Angeles-based mPulse Mobile, which develops conversational AI software for the healthcare industry, says it has acquired HealthCrowd, a provider of healthcare communications services for the Medicaid market. Details of that funding were not announced by the company. mPulse Mobile is led by CEO Chris Nicholson.

Mobile 113
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Leonardo DiCaprio takes a stake in Struck Capital to fund the future of LA’s tech ecosystem

TechCrunch LA

Leonardo DiCaprio is making a significant commitment to the Los Angeles-based investment firm, Struck Capital , as part of the actor’s commitment to building LA into a tech development powerhouse. DiCaprio is also investor in the Los Angeles-based ethically and sustainably focused financial services firm, Aspiration.

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Perch Mobility Snags Funding For Scooter Charging Network

socalTECH

Los Angeles-based Perch Mobility, a startup that is developing portable charging "pods" aimed at helping professional chargers and scooter operators to bulk-charge scooters and e-bikes, says it has scored seed funding for its efforts. The company said the funding came from Lorentzen Investments.

Mobile 133
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Papaya Picks Up $50M For Mobile Payments

socalTECH

Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. The funding was led by Bessemer Venture Partners, and also included Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime, and Sound Ventures.

Mobile 113
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Papaya raises $50M to give you a way to pay bills via its mobile app

TechCrunch LA

Papaya is a Los Angeles-based startup with a mission to do just that. The company’s mobile application lets users take a photo of any bill and then its artificial intelligence-powered “bill-understanding technology” makes sure it gets paid (after a user has provided payment details, of course). In this respect, the U.S.

Mobile 208