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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.
They want Netflix to address a list of demands in the categories of content investment, employee relations and safety, and harm reduction. When asked in an interview with the Hollywood Reporter , co-CEO Ted Sarandos didn’t say whether he would meet the group’s demands. brb walking out. brb walking out.
Santa Monica-based Demand Media (www.demandmedia.com) has seen its share of ups and downs as one of the highest visibility technology and media companies to come out of Southern California's technology ecosystem in recent years. What is Demand Media doing nowadays? For Legalzoom, it's a very different model.
The company plans to use this funding to further develop its app as well as Zwift-branded hardware, which it sells online. Zwift has raised a total of $620 million.
If you’re funding the same stuff as everybody else and if you started your activities when the clues were obvious you’re much less likely to drive enormous returns. When Fred Wilson funded Twitter I guarantee you it wasn’t obvious that it was a billion dollar idea. Venture Capital is a tricky industry. Far from it.
Santa Monica-based Washio , the venture-backed, on-demand laundry startup, has shut down, according to the company. The company said that it will be shutting down its operations, as of Aug 29., and returning orders to customers. The company did not say why it decided to shut down.
Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. On-demand grocery startup Food Rocket launches in the Bay Area, goes up against delivery giants. Many grocery delivery startups begin small, in one city, building up locations to cater to a certain neighborhood.
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. READ MORE>>.
I was recently with an entrepreneur and talking with him about his fund raising process. She had emailed with a partner at a big VC fund and he had passed the request to a junior associate. it’s just respecting your personal time and your fund-raising process as much as you’d respect the VCs time. This isn’t rude?—?it’s
Even as oil companies are getting crushed by the collapse of demand for energy in the wake of international shutdowns responding to the global pandemic, investors representing one of the world’s savviest financiers are placing a small bet on electric charging as the future of transportation.
The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. People who believe the former believe that you should see the market demand before too many people know you’re “in market.” Why 8–10 and not just 3–4?
That early vision resonated so well, that the firm has grown from managing one fund of $212 million to holding roughly $1.2 The first concern stemmed from the financial investors that typically finance these projects demanding that developers pay closer attention to low-carbon or no-carbon real estate developments.
AOL co-founder and former chief executive officer Steve Case’s venture capital fund, Revolution , deploys capital to companies “outside of the hotbeds.” Today, Washington, DC-based Revolution is announcing its latest fund. Revolution began nearly 15 years ago as Steve Case’s balance sheet fund, in essence.
Santa Monica-based Heal , the on-demand doctor's house call startup, said this morningg that it has raised $26.9M in a Series A funding. 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. READ MORE>>.
Los Angeles-based on-demand, dog walking startup Wag has raised an enormous, $300M funding round, the company announced Tuesday morning. Wag said the funding comes from SoftBank Vision Fund. As part of the funding, the company said it has named Hilary SChneider as its new CEO.
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.
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
How MakeSpace Recently Closed $30 million in New Funding was originally published in Both Sides of the Table on Medium, where people are continuing the conversation by highlighting and responding to this story. With our increases in capital we hope to be able to serve you in the near-term future.
Pasadena-based Wavemaker Three-Sixty Health , a healthcare innovation fund led by Jay Goss and Dr. John Nackel, says it has launched a new venture capital fund, Wavemaker Three-Sixty Health Fund II. Size of the new fund was not announced. 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.
My view: “Spending any time or energy trying to game the ‘definition’ of your round of fund raising is a total waste. 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.).
Is there room on your curb for (yet another) on-demand scooter company? SUN faces some formidable competition in the scooter and mobility market, with very well funded competitors like Bird, Lime, Wheels, Razor, Uber, and Lyft very active across the local market. SUN did not say how many scooters it has deployed. READ MORE>>.
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.
Today, a startup that is doing this in the specific area of distressed property is announcing a round of growth funding to ramp up its team and expand its business. The funding is being led by QED Investors; Founders Fund, Susa Ventures, Navitas Capital, and Prudence Holdings also participated. million Series A also led by QED.
Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in Southern California in either the summer or fall of this year. In addition to the funding, Good Eggs is also announcing that it has hired Vineet Mehra as its chief growth and customer experience officer.
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.
Los Angeles-based Squeegy has recently launched into the market, with an on-demand, car wash service--currently serving the west side. The company is currently self funded. The startup is led by Andrew Davis. READ MORE>>.
While this reaction to such a valuation is understandable, to anybody who has seen the meteoric rise in consumer demand and actual revenue the valuation is much less surprising and may turn out to be quite conservative. This is why so many great LA funds like Upfront, Greycroft and B Capital Global have all backed Bird.
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. The round was led by Qumra Capital, a new investor.
Los Angeles-based CurbStand , a startup which develops an iOS app to help users find and pay for valet parking, has raised $3M in a funding round, the company said this morning. The startup--led by Serge Gojkovich--said the funding came from an un-named, private investor. The company has now raised $4M in total funding.
From larger fund investors like Mark Suster and Kara Nortman at Upfront Ventures to Dana Settle at Greycroft Partners; to early-stage investors like Will Hsu at Mucker Capital; TX Zhuo at Fika Ventures, the responses were generally upbeat about the future opportunities for Los Angeles startups.
Every entrepreneur wants to hear “yes” during the fund-raising process but I would argue that being too risk averse and not pushing hard enough and be willing to hear a “no” is what holds back many people from “yes.” It’s hard and awkward to do this because silence demands a response. What is your next step in the process?
In startup-land, however, the presumptions about where housing demand is going looks a bit different. A Crunchbase News analysis of residential-focused real estate startups uncovered a raft of companies with a shared and temporary housing focus that have raised funding in the past year or so. This isn’t a U.S.-specific
Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels. A sample of three views is adequate.
New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. As a former angel investor, I look for this level of alignment and understanding in every funding presentation I hear. Investors will demand clear channel definitions.
Los Angeles-based on-demand moving and storage company Clutter is reported to be raising somewhere between $200M to $250M in a new funding round, according to a report today, saying that the yet-to-be-completed round is being led by Softbank.
The funding came from EDF Renewable Energy, and also included Toota Tsusho. Nuvve develops software that helps use unused power capacity stored in the batteries of electric vehicles, to balance out uneven loads on the power grid--essentially, using EV batteries for meeting instantaneous power demand on the electric grid.
Brad Feld hadn’t written his seminal “ term sheet series &# and The Funded hadn’t yet been created. NOTE: In the video I talked about how VC’s and entrepreneurs decide the total number of shares at the first major funding round and why it’s often a high number. Back then VentureHacks didn’t exist.
It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective. Separately at this stage, you may look for small funding amounts from angel investors , called seed investments. Funding or rollout stage. Don’t waste your resources on the wrong ones.
Although maybe not all of the startups at the event might go on to get funding, an entire group of potential startup founders in the audience realize that they, too, have a shot at starting something and getting a chance to take it to the next level. Standing room only crowd at StartEngine). It's unclear.
There’s also a relatively modest request (of only $4 billion) for funding devoted to pilot projects, startup companies, and public clean technology investment initiatives (like LACI). The funding would include $20 billion for utility upgrades. There’s $25 billion in money set aside for public transit and $12.5
in a new funding round. The funding came from Student Transportation Inc. FirstMark Capital, Upfront Ventures, as well as new investors Skyview Capital and Halogen Ventures also participated in the funding. As part of the funding, Denis J. STI), a company in the school transportation, safety, and fleet services market.
You then make selections around aspects like Founder Status, Job Title, Headcount, Revenue, Development Stage, Capital Raised, Funding Round, etc. If you get too specific, then the counts will get very small and may not be the best comparison. You can also enter salary and equity data to see where you stand.
If JetBlue’s investment offered Recharge access to the demand side of the equation, then the company’s new investment partner, Fifth Wall Ventures , gives the company new access to supply. To date, the company has raised $10 million in funding from Fifth Wall, JetBlue Technology Ventures, and.
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