socalTECH

APRIL 7, 2014

Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting for some sign of a thaw in the exit environment. investment investor capital venture angeles' READ MORE>>.

Los Angeles 187

Los Angeles Truecar Angel Anthem 187

socalTECH

MARCH 6, 2013

SharesPost , the private company marketplace headed by Greg Brogger, which had been incubated and started in Santa Monica via Brighthouse, the startup incubator run by Brogger and Scott Painter, is in a joint venture with NASDA OMX , the two said this morning. Brogger was at CarsDirect with Scott Painter, who heads up TrueCar.

CarsDirect 170

CarsDirect Marketing Incubator Truecar 170

Both Sides of the Table

MARCH 12, 2013

He had joined a young startup in LA called HauteLook and was interested in getting to know the local tech community. So I started introducing him to portfolio companies. When I think about what defines us as a VC I think: Operationally knowledgeable / strong startup competence. The guy has knowledge. So why Greg and why now?

Venture Capital 360

Venture Capital GRP Partners Startup Invest 360

Both Sides of the Table

MARCH 17, 2010

I was recently interviewed for an article that appeared in Fast Company titled, “ Why you should start a business in LA.&# If you’re interested in the topic it’s worth a read, but I thought I’d elaborate on the topic since it comes up all the time. Zorik Gordon is tearing it up at ReachLocal.

Company 291

Company Companies Technology Startup 291

socalTECH

OCTOBER 7, 2009

Santa Barbara-based RightSignature , online, software-as-a-service for collecting electronic signatures, took "Best of Show" at VentureNet Wednesday, after a day of presentations by thirteen Southern California startups. Tags: rightsignature venturenet saas prize startup entrepreneur. socalTECH.com was a media sponsor of the event.

VentureNet 182

VentureNet Southern California Technology Council Santa Barbara 182

Both Sides of the Table

FEBRUARY 7, 2014

I recently returned from a 5-day visit to Ireland, my first time back in 10 years and the start of what I hope will be a more regular travel schedule there. As the world went through its economic shock fueled by the housing boom & cheap capital, Ireland suffered its effects a bit worse. The Magic of the Irish.

Conference 392

Conference Startup Web Truecar 392

socalTECH

SEPTEMBER 18, 2018

Los Angeles-based Fair --a technology-enabled startup which lets people get access to a car with none of the traditional limitations and handcuffs of a lease--is making it even easier for people to get a car through its service, saying it has started to let drivers choose how much they want to spend each month for a vehicle.

Truecar 133

Truecar Startup Los Angeles Capital 133

TechCrunch LA

JULY 10, 2019

Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. In the first part of this feature , we explored the different startups attempting to change car buying. Cars-as-a-Service. But not everyone wants to buy a car. Don’t buy, lease.

Services 212

Services Truecar Sales Blogging 212

socalTECH

SEPTEMBER 7, 2017

Santa Monica-based Fair , a startup offering up a mobile app which lets users find, purchase, and finance an automobile--started by automotive startup veteran Scott Painter--has raised $16M and launched its services. The company also says it is in the midst of a Series A-1 financing being led by BMW i Ventures.

Truecar 124

Truecar Santa Monica Seed Funding Startup 124

socalTECH

SEPTEMBER 19, 2017

Can getting a car be as easy as opening up an app, scanning your driver's license, and inputting your credit card? Fair (www.fair.com), the latest startup by serial entrepreneur Scott Painter , does just that, letting users shop for a car, get approved, and pay for a car through a month-to-month payment--with no long term committment.

Startup 124

Startup Truecar Pricing Entrepreneur 124

socalTECH

JUNE 27, 2013

Los Angeles-based venture capital investor GRP Partners announced this morning that it has raised a fourth fund, worth $200M, and also renamed the firm Upfront Ventures. The 17-year old firm, which also said it will open up a brand new home at the center of Silicon Beach, signing a 10-year lease for a space on 7th Street in Santa Monica.

GRP Partners 164

GRP Partners Funding CitySearch Venture Capital 164

socalTECH

NOVEMBER 7, 2011

I love cars--I grew up in SoCal, and my father was really into cars, and didn't have sons. How long has the site been around, and when did it start? Tara Weingarten: We're starting our third week. Tara Weingarten: We had no metrics when we started, and even now, we had a big week with 1900 uniques on one day.

Truecar 204

Truecar Writing Edmunds Sites 204

socalTECH

FEBRUARY 10, 2011

LAVA inducted Mayor Riordan--who had a long and involved career in venture capital and private equity before his efforts in politics--into its LAVA Hall of Fame. The group, which promotes the venture capital industry in the Los Angeles area, also honored local companies for their funding and exit activity. and ServiceMesh.

LAVA 166

LAVA Zumbox Technology ReachLocal 166

socalTECH

DECEMBER 22, 2020

Today, we have Kelly Perdew , Co-founder and General Partner of Moonshots Capital. This year ushered in the successful launch our second fund at Moonshots Capital, further validating our thesis that investing in extraordinary leadership produces exceptional companies. Are you a founder, CEO, or investor who would like to participate?

Capital 124

Capital Technical Review Truecar Southern California 124

socalTECH

SEPTEMBER 14, 2016

Are you a startup looking to find funding in Southern California? It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. Local exits: TrueCar, Gravity, Maker Studios. Upfront Partners - 11 deals. Most recent investments: GOAT, cloudvirga, Vemba, LootCrate, Invoca.

Southern California 178

Southern California Dollar Shave Club Lootcrate Orange County 178

Both Sides of the Table

FEBRUARY 15, 2011

Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venture capital firms in the country. If you are talented, of course, you can get funded in any region with enough venture capital and obviously in markets outside of the Valley it is easier to get noticed and get access. eBay and others.

Venture Capital 314

Venture Capital Southern California Google Startup 314

socalTECH

AUGUST 4, 2011

We sat down with Jeff to learn more about his background, his new startup, Convertro, and how Facebook's once offered more for his office lease than his startup was worth. Suddenly, we've created transparency to how things are really working, so that you can start spending money on those things and get customers others haven't gotten.

Startup 210

Startup Marketing Customer Custom 210

socalTECH

AUGUST 5, 2019

Santa Monica-based vehicle subscription startup Fair , led by longtime automobile and startup veteran Scott Painter, is boosting its executive team, saying on Monday that it has added three new executives to its team. READ MORE>>.

Cornerstone OnDemand 124

Cornerstone OnDemand Truecar Ticketmaster Paramount 124

socalTECH

DECEMBER 23, 2019

Today, we share the thoughts of Kelly Perdew , the founder and Managing Director of Moonshots Capital (www.moonshotscapital.com). We also had our first exit for Moonshots Capital Fund 1 --Threatcare. What new technology area, startup, service, or app did you find most interesting or useful this year, and why? Since 2010, $6.3B

Capital 100

Capital Technical Review Truecar Venture Capital 100

socalTECH

OCTOBER 23, 2017

Los Angeles-based Fair , the automotive startup led by serial entrepreneur Scott Painter, has raised nearly $1 billion in a strategic funding, led by BMW i Ventures, along with Penske Automotive Group, Sherpa Capital, and others. The funding also included other, un-named strategic investors.

Truecar 100

Truecar Funding Los Angeles Capital 100

socalTECH

FEBRUARY 22, 2021

Los Angeles-based NXCR, a new, subscription car startup led by automotive startup veteran Scott Painter, has raised $30M in a seed funding, based on an internal employee email obtained by socaltech. According to the email from Painter, the funding is the company's first external equity financing.

Seed Funding 113

Seed Funding Truecar Funding Southern California 113

socalTECH

MARCH 24, 2016

In what has been a familiar refrain, the annual Midas List ranking by Forbes Magazine of the most influential venture capitalists has completely skipped Southern California's venture capital community, although it did credit the position of at least four of the VCs on the list to their investments in Southern California startups, and highlighted Ashton (..)

Southern California 113

Southern California SoCal Palomar Santa Barbara 113

socalTECH

JANUARY 30, 2018

Los Angeles-based auto leasing startup Fair , led by startup veteran Scott Painter, has acquired the auto leasing portfolio of Uber , including both vehicles and existing leases, Uber said on Tuesday. Scott Painter was most recently founder and CEO of TrueCar, and prior to that, was founder and CEO of CarsDirect.com.

Truecar 100

Truecar Equity Los Angeles Activity 100

TechCrunch LA

APRIL 14, 2014

A string of big acquisitions, public offerings, and a pipeline of growing young startup companies has venture investors saying “I love L.A.”

Truecar 100

Truecar Entertainment Venture Capital Acquisition 100

socalTECH

JULY 13, 2009

Mark has also been quite active mentoring entrepreneurs, We caught up with Mark to hear about what kinds of investments GRP is looking at nowadays, his view on the software-as-a-service market, and how best to approach him with a pitch. Mark Suster: Let's start at the 50,000 foot level, then I'll segue into that question.

GRP Partners 157

GRP Partners Southern California Santa Barbara Rustic Canyon 157

socalTECH

DECEMBER 20, 2018

The company, led by longtime automotive startup veteran Scott Painter, operates a service which lets users get access to a pre-owned car using a mobile app, and by paying a monthly fee, with no long term commitment. Painter, Fair's CEO and founder, was previously CEO and founder of TrueCar. READ MORE>>.

Services 113

Services Truecar Santa Monica Funding 113

Xconomy

JUNE 16, 2016

What does it take to build a startup in today’s market? Put a half-dozen entry-level tech entrepreneurs together anywhere outside of the Bay Area, and it won’t take long before they start listing the local market deficiencies. In San Diego, the complaints often focus on the relative scarcity of venture capital and hometown VC firms.

Venture Capital 49

Venture Capital San Diego Truecar Web 49

Both Sides of the Table

DECEMBER 16, 2014

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Will our strategy change now that we have 40% more capital? . We raised $280 million.

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

Both Sides of the Table

JANUARY 16, 2012

There is all sorts of advice on the Internet about how to raise capital. I’ve raised money as a “hot company” and I’ve raised capital when no one would return my phone calls. Start by trying to narrowing the list of total prospective VCs. Maybe up to 6 hours. Of course much of it is conflicting.

Develop 367

Develop Development Funding Venture Capital 367