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MaC Venture Capital Launches $103M Seed Fund

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Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.

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PayEngine Picks Up $1.6M for SaaS Payments

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Los Angeles-based PayEngine, a startup developing a white label, payment platform for software-as-a-service companies, has raised $1.6M in a seed funding, the company said this morning. Spartak Buniatyan is founder and CEO of PayEngine.

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Swoop Snags $3.2M In Seed Funding

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Los Angeles-based Swoop , a new startup which develops software for limousine, party bus, and other transportation providers, has raised $3.2M in a seed funding round. The funding was led by Signia Venture Partners, South Park Commons, and angels.

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Pipe Picks Up $60M For SaaS Financing

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Los Angeles-based Pipe Technologies , which is developing a subscription financing platform to help software companies finance their businesses without debt or dilution, has raised $60M in a funding round, the company said on Wednesday. Pipe was founded in September 2019 by Harry Hurst, Josh Mangel, and Zain Allarakhia.

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Syndio Solutions Scores $650K Seed Funding

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Los Angeles-based Syndio Solutions , a developer of web-based software to help companies ensure compliance with state and federal equal pay for equal work laws, has raised $650,000 in its seed funding round, according to the company. The funding was led by Frontier Ventures.

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Pipe Picks Up $6M For SaaS Financing

socalTECH

A new, Los Angeles-based fintech startup, Pipe , said this morning that it has raised $6M in its seed funding round, to launch a new platform which offers up financing to subscription-based, software-as-a-service companies.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? but we give you the ++ of also having access in LA.