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Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ). Or they are looking at Hiring a CTO and want to see what salary and equity ranges look like.
The fight between LosAngeles taxicab drivers and services like Lyft and Uber haas just gotten even more interesting, as mobile app developer Flywheel said it has launched in LosAngeles. The company also said it is offering up a $10 ride credit in LosAngeles for users to try out the service, with promo code FLYLA10.
Kim Kardashian, who passed the “baby bar” exam in preparation to become a lawyer last year, just added another job title to her lineup — private equity investor. Sammons, who left Carlyle this summer after spending 16+ years at the top private equity firm, is known for his bets on brands including Supreme and Beats by Dre.
LosAngeles-based LEHR , which develops propane-fueled tools and engines, has received a round of private equityfunding from Newport Beach-based Solis Capital Partners, according to the firms. lehr venture capital private equity propane engine powered' Size of the investment was not disclosed. READ MORE>>.
Do you have a startup idea, and a team, but no seed funding, and are even too early for an early stage startup accelerator? The program--which is taking applications here in LosAngeles until March 22nd--said it is looking for eight startups to include in a six week mentorship and training program. READ MORE>>.
We’ve created the HBCUvc Donor Circle as an opportunity for supporters and individuals to engage in our work and join a long-term strategy toward racial equity in venture capital and technology,” she wrote in the post. We cannot make significant progress in advancing racial equity without long-term financial commitment,” Mujhid wrote.
LosAngeles-based upscale, luxury confections brand Sugarfina announced on Thursday morning that it has raised $35M in a growth equityfunding, from private equity investor Great Hill Partners. Sugarfina has now raised more than $50M in funding. Sugarfina has now raised more than $50M in funding.
LosAngeles-based Embark Ventures , a new venture capital fund led by Yipeng Zhao and venture capitalist Peter Lee, is raising a $50M venture capital fund, according to a recent SEC filing by the firm. The filing says the firm has so far raised $45M out of a $50M target in the fund, from six limited partners.
One of the more active venture capital firms in LosAngeles, Greycroft Partners , said today that it has closed a $175M, third fund, Greycroft III. Greycroft is split between LosAngeles and New York, and has invested in such local companies as uSamp, AdLy, HipSwap, GameSalad, Scopely, Steelhouse, and Viddy, just to name a few.
The LosAngeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. The pair raised $41 million for the debut effort, opting to nearly double that number the second time around as a means to participate in more follow-on fundings.
Electric bus maker Proterra announced this morning that it has raised $140M in an equityfunding round, a chunk of which will go towards ramping up initial production in the City of Industry, and hiring "key personnel" in LosAngeles and elsewhere for its electric bus manufacturing. The funding was managed by J.P.
OfferPad , a startup which operates an online service which provides instant home buying offers to homeowners, is planning to launch its service in LosAngeles, after raising $260M funding. OfferPad, which is based in Arizona, said the funding came from LL Funds LLC. READ MORE>>.
At a national level, the United States received more VC funding for impact tech companies than any other country in the past five years, with investors pumping $35.8 Arrival is now operating in LosAngeles, while Octopus Energy launched in the U.S. So far this year, SF-based impact tech companies attracted $1.7 billion into U.S.
LosAngeles-based AngelesEquity Partners , a new private equity investor, said this morning that it has raised $360M in its first private equityfund. The fund, AngelesEquity Partners I, L.P., The fund, AngelesEquity Partners I, L.P., READ MORE>>.
Boulevard , a spa management and payment platform, has raised $27 million in a new round of funding despite a business slowdown caused by the COVID0-19 pandemic. The two spent months pounding the pavement in LosAngeles pretending to be college students doing research on the industry. million in funding.
LosAngeles-based online car rental service HyreCar has just raised $1.465M in debt funding, as part of an ongoing $2.3M funding round, according to a regulatory filing from the firm on Thursday. Details on the funding--which appears to be a convertible note or bridge round, with warrants--have not yet been announced.
LosAngeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. Size of the investment was not announced.
A new, LosAngeles-based startup, Townhang.com , announced Wednesday that it has raised $700,000, and launched a new site to help people find interesting events, happenings, and activities in their city. The startup--founded by Alexey Karpov--said the funding came via equity crowdfunding efforts by the company.
LosAngeles-based financial advisory consulting provider AdviserSource.com says it has acquired Advisory Equity, a developer of a financial marketplace app developer. According to AdviserSource, the deal was funded by additional growth capital provided by Fintech Fund II, LLLP.
LosAngeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice. New funds are launching in LosAngeles at a pretty feverish clip, and the latest to plant its flag in the […].
Most of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay Area, New York or LosAngeles companies of the moment. Today, Washington, DC-based Revolution is announcing its latest fund. Few seek out companies in Indianapolis, Milwaukee or Tampa.
LosAngeles-based middle market investor Levine Leichtman Capital Partners announced Thursday that it has closed on $1.65 billion in capital commitments for its latest fund, Levine Leichtman Capital Partners Fund V, L.P. The firm said the fund exceeded a target of $1.5 middle market companies. READ MORE>>.
LosAngeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice.
Over their longtime personal and professional relationship, the two LosAngeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. The plan, even at the time, was always to raise a larger fund. “I see two things happen.
As the firm looks ahead to its own future, Suster and the firm he's helped grow remain committed to the future of LosAngeles. The two are paired, and these days if an investor is #LongLA (to use the hashtag the firm coined), it looks like limited partners are saying that it pays to be long on Upfront, as well. .
As the firm looks ahead to its own future, Suster and the firm he’s helped grow remain committed to the future of LosAngeles. The two are paired and these days if an investor is #LongLA (to use the hashtag the firm coined), it looks like limited partners are saying that it pays to be long on Upfront as well. Read More.
Josh Kaplan and Dee Murthy, both founder and co-CEO of the LosAngeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. million in new funding for its predictive inventory recommendation platform, joining other similar companies, including Zippedi and Inventa.
LosAngeles-based The Young Turks , the online MCN led by Cenk Uygur, said today that it has raised $4M in new funding, from private equity firm Roemer, Robinson, Melville & Co., TYT offers up politics and news commentary both online as well as through cable television shows.
LosAngeles-based Club Pilates , a franchisor of Pilates studios, has received a private equity investment from TPG Growth Partners, the two said on Thursday. Size of the funding round was not announced.
Silicon Valley Bank and nonprofit the National EquityFund said this week that SVB will commit $110M for affordable housing in both LosAngeles and the Bay Area, to go towards creating affordable housing in high rent California districts. Photo: National EquityFund's Boyle Hotel Apartments in LosAngeles)
We've summarized the funds that have announced new funds in the last nine months or so, or that are in the midst of raising funds--a total of more than $1086 million in total funds. List ordered by fund size). Fund size: $230M fund. Fund size: $100M fund. Fund size: $100M fund.
LosAngeles-based CapLinked , an online startup developing software to help link entrepreneurs with their investors, has raised $350,000 in an equity investment round, according to a regulatory filing by the firm today. The firm's CEO and co-founder is Eric M.
In some what-did-our-spam filter eat-recently funding news, Santa Monica-based Privlo recently raised $2.1M in a seed funding round, for its online marketplace for private mortgage loans. Privlo, which was founded by Michael Slavin, said the new funding came from QED Ventures.
We’ve called these nine and 10-figure deals, which shine brightly in the media and are hefty enough to bend the curve of VC fund sizes upwards, “ supergiants ” after their stellar counterparts. Places like Boston, NYC and LosAngeles, among others, are perhaps just as well-known. Although U.S.-based 2018 in perspective.
LosAngeles-based Apposite Technologies , a developer of enterprise network simulation software and test tools, has raised a round of growth investment from private equity investor Ranch Creek Partners. Size and terms of the funding were not announced by the companies. Apposite develops WAN emulation appliances.
Greycroft Partners , one of the more active investors in LosAngeles technology startups, announced on Thursday that it has raised $250M in a new, growth equityfund. Greycroft has offices in both LosAngeles and New York. READ MORE>>.
That’s how much LosAngeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.
To help those taxi companies, a LosAngeles investor-- Craton Equity Partners --has backed a mobile app developer called Flywheel , which is helping taxi companies arm themselves for the fight against those startups. San Francisco-based Flywheel said this week that it has raised $14.8M The app runs on both iOS and Android.
LosAngeles-based crowdfunding site Crowdfunder.com , the equity crowdfunding site led by Chance Barnett, has raised $3.5M in a Series A funding, the company said late Tuesday evening. Crowdfunder said its equity crowdfunding site has been used in such startups as GoCoin, Social Rewards, Bitvore, and others.
Bryant Stibel , the LosAngeles area venture capital investment firm of Kobe Bryant and Jeff Stibel, has backed item tracking startup Tile in a new, $45M funding round. Tile is best known for its wireless-enabled tags which allow users to track all kinds of items, from their keys, wallet, luggage, and anything else.
LosAngeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.
Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 in markets such as New York and LosAngeles. With this round, the company is again giving 1% of the equity raised back to the planet.
LosAngeles-based HeyTutor , which operates an online marketplace to help connect students with in-home, tutoring services, has raised approximately $1.0M in what looks like a convertible note funding, based on a regulatory filing by the company. The funding was disclosed on Friday in a publicly available filing.
One such startup, Abodu , has raised $20 million in a Series A funding round led by Norwest Venture Partners. So far, it’s operating in the Bay Area, LosAngeles and Seattle. The company claims it can deliver an ADU in as little as 30 days in San Jose and LosAngeles thanks to the cities’ pre-approval process.
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