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Postie , a new Los Angeles-based startup, has a vision for the future of advertising and marketing — and it’s direct mail. Unilever buys DollarShaveClub for reported $1B value. They aren’t the only ones. Postie has raised $3.5
Los Angeles-based Postie , a new startup focused on using machine learning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M in a seedfunding. The funding was led by Bonfire Ventures and Crosscut Ventures.
Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. And I constantly have to remind people that the largest tech startup employer in LA is actually SpaceX and that, yes, Elon Musk does live in LA. Don’t we know it. It’s not just Snapchat, although there’s that.
in a seedfunding round. The funding came from angels, including Nancy Tellem (Executive Chairman, Eko Studios and former President of CBS Network Television Group), Daniel Murray (CFO DollarShaveClub), Angela Mathes (Entrepreneur & former President, ABC Daytime TV) and Kent Wakeford (COO & Board Member KSV esports).
Crosscut Ventures has just announced their 3rd fund and clocking in at $75 million , which will be focused heavily on Los Angeles – FTW. LA has grown up a lot over the past 5 years. This week Michael Dubin’s startupDollarShaveClub announced a $75 million funding round at a rumored $650 million valuation.
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