On Funding?—?Shots on Goal

Both Sides of the Table

On Funding?—?Shots When you’ve been playing the game a bit longer or when you have responsibilities at the fund level you start thinking more about “portfolio construction.” billion When Ring started, even the folks at Shark Tank wouldn’t fund it. per fund.

On Funding?—?The Denominator Effect

Both Sides of the Table

On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” If you funded 30–40 deals perhaps just 1 or 2 would drive the lion’s shares of returns.

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APX Platform Scores Seed Funding

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Size of the seed funding was not announced. saas software funding seed aesthetics apxplatform platformBeverly Hills-based APX Platform, a developer of cloud-based software for the aesthetic industry, says it has raised what it calls an "oversubscribed seed round" for its company. According to the company, it is developing a "disruptive alternative to the traditional option of a practice management consultant" for the aesthetic practice industry.

Three Good Snags Seed Funding

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Los Angeles-based employee wellness and artificial intelligence (AI) software developer Three Good announced that it has raised a seed funding round. in that funding. threegood three good seed funding venture capitalThe company says it is raising $2.5M According to the company, notable pre-seed investors and partners include impact investor Pete De Mare and Guitar Hero founder Charles Huang and industry leaders from Cisco, Dell, Riot Games, and HTC.

Lead Edge Capital Raises $150M Fund

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Santa Barbara- and New York-based Lead Edge Capital, a private equity investor which focuses on growth stage investments in technology companies, said on Wednesday that it has raised $150M in a new fund. According to the company, the new fund will be used for public equity investments. Lead Edge Capital said the new fund brings the company's total capital under management to over $3 billion. Lead Edge Capital said the new fund came from both new and existing limited partners.

Diversis Capital Raises $675M Fund

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Los Angeles-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 will primarily in businesses based in North America, and selectively in Europe and Australia, and is focused on focused control private equity investments in lower middle-market companies.

Opy USA Secures $271.4M In Debt Funding

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in a debt funding round, which came from Goldman Sachs and Atalaya Capital Management. The two, who provide "buy now pay later" financial products, said the funding will help it with expansion in the the U.S. opyusa debt funding venture international goldman sachsSan Diego-based Opy USA and its parent company, Openpay Group Ltd., announced this week that the two have raised $271.4M

Three Good Snags Pre-Seed Funding

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Los Angeles-based employee wellness and artificial intelligence (AI) software developer Three Good announced that it has raised a seed funding round. The company says it has raised $700K in that pre-funding. in seed funding. Editor's note: an earlier version of this article included a funding target, rather than actual funding raised.). seed capital venture funding good three threegood

8 Personal Attributes Mitigate Startup Funding Risks

Startup Professionals Musings

If you are like the rest of us, and need every advantage you can muster, to get the funding and support you need for your new business, see how many of these non-product elements you can highlight in your next networking discussion. entrepreneur attributes smart risks successful funding

Dozuki Lands Strategic Funding

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The funding came from Marlin Equity Partners. According to Dozuki, it will use the funding to further its position in the manufacturing software market. San Luis Obispo-based Dozuki, a developer of software that provides training to the manufacturing workforce, has raised a strategic growth investment round, the company said today. Size of the investment was not announced. Dozuki was founded by co-founder and CEO Eric Doster. The company said it was advised by Vista Point Advisors.

LIT Method Finds Funding

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Los Angeles-based LIT Method, which offers fitness equipment and programs, said today that it has raised a round of funding. The funding came from Marcy Venture Partners (MVP), the venture capitalist firm co-founded by Shawn "JAY-Z" Carter, Jay Brown, and Larry Marcus, as well an investment from former Los Angeles Dodger Adrian Gonzalez. method funding venture capital fitness equipment

Perch Gets Funding From Citi Impact Fund

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Los Angeles-based Perch, a startup which operates a service that lets users build their credit by paying for Netflix, Spotify, Hulu, and other services on credit, has scored an investment from financial giant Citi, via Citi's new Citi Impact Fund. Citi also announced funding in six other companies, including Clerkie, KETOS, MedHaul, Shift, Superpedestrian, and Vyv. perch citi impact fund financial venture capital fintech finance credit unbanked

SoLo Funds Snags $10M

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Los Angeles-based SoLo Funds, a startup which operates an online crowd-lending marketplace, letting users lend and borrow funds from each other, has raised $10M in a Series A round. The funding was led by ACME Capital, and also included Impact America Fund, Techstars, Endeavor Catalyst, CEAS Investments and others. The company says it has now raised a total of $12M in funding. solo funds venture capital lending borrowing financial fintech finance

6 Obligations That Come With Startup External Funding

Startup Professionals Musings

Every funding term sheet is followed by a set of milestone commitments, which should not be considered optional suggestions. Funding can be pulled, and future distributions withheld, if objectives are not met. bootstrapping burden funding lessons startup

Vida Ventures Raises $825M Fund

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vida ventures fund investment venture capital lifescience biotech biomedicalLos Angeles- and Boston-based life sciences investor Vida Ventures.

Ascent Funding Targets Coding Bootcamps With Skills Fund Acquisition

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San Diego-based Ascent Funding, a provider of student loans, says it is targeting the coding bootcamp market, with a new set of loans for those programs. As part of the move into the market, the company says it has acquired the Skills Fund, a firm which has provided over $200M in tuition funding for bootcamps for over 16,000 students. ascent funding coding bootcamp skills fund merger acquisition financial fintech loan student studentloan

FitOn pumps up its fitness platform with $18M in Delta-v Capital-led funding

TechCrunch

The company closed on an $18 million Series B round of funding, led by Delta-v Capital, with participation from existing investors Accel, Telstra Ventures, Crosscut Ventures, Maverick Ventures and Second Avenue Partners.

SpaceX Inks $850M Funding

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Hawthorne-based SpaceX confirmed a $850M fundraising in a regulatory filing on Tuesday, in an equity funding round which included 69 investors. spacex starlink venture capital funding aerospace aviation space spaceflightThe fundraising had been rumored to have been in process for the last month or so. The filing said the effort started on February 16th. The round reportedly values the company at $74 billion.

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Ankona Capital Raises $66M For New Venture Capital Fund

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Newport Beach-based Ankona Capital, a new, venture capital company founded by Josh Harmsen, Brian Mesic, Newth Morris, and Jared Smith, has raised $66M in its first, venture capital fund. ankona capital venture investment fund financial startup harmsen mesicThe company says it invests between $5M to $10M in early, growth-stage B2B software companies which are already generating $5M to $15M in recurring revenues.

JAM Fund, Led By Tinder's Mateen, Raises $247.5M

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A new, Los Angeles-based venture capital fund, JAM Fund, led by Tinder co-founder Justin Mateen, has raised $247.5M for what appears to be its second fund, JAM Fund 2, L.P. The funding was detailed in a regulatory filing this week. The filing indicates that the firm has 15 limited partners in the fund. Mateen is the only General Partner listed on the fund. fund venture capital justin mateen tinder hookup

Day-J Finds $2.1M Funding For Health, Wellness Coaching

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Los Angeles-based Day-J, a new startup offering up health and wellness coaching from experts, said this morning that it has raised a pre-seed round of funding worth $2.1M. The funding came from Raine Ventures, Fuel Capital, and Watertower Ventures. lifestyle healthcare funding capital venture coaching wellness health dsayj

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Dexcom Launches Venture Capital Fund

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San Diego-based Dexcom, which develops equipment for continuous glucose monitoring for people with diabetes, has launched its own venture capital fund, Dexcom Ventures. According to Dexcom, the new fund will seek to identify and invest in opportunities to supplement growth in its core business and advance the development of adjacent technologies for the future. dexcom venture capital fund glucose monitoring lifescience diabetes finance

Hawke Ventures Raises $5.6M Investment Fund

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Hawke Ventures, a new, venture capital fund that is part of marketing company Hawke Media, said Friday that it has raised $5.6M for its first, venture capital fund. The new fund is being managed by Erik Huberman, Tony Delmercado, and Managing Partner Drew Leahy, along with angel investor Paige Craig. hawke ventures investment fund funding marketing market paigecraig

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FuzzyBot Gains Funding to Create Genre-Crossing Games

L.A. Business Journal

Tatyana Dyshlova and Max Spielberg loved working side by side at Redwood City-based gaming giant Electronic Arts Inc

FreightPOP Find Funding

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Lake Forest-based FreightPOP a developer of cloud-based logistics and transportation management software, has raised a new funding round, the company said Thursday. According to the company, it raised a round of funding led by Mercato Partners, and also included un-named, existing investors. As part of the funding, the company has named Davis Warnock of Mercato to its board. The funding came out of Mercato Partners' Prelude venture fund.

Funding in the Time of Coronavirus

Both Sides of the Table

I had originally signed up to talk about the “VC Market Trends” overall but it seemed inauthentic to speak about VC funding without addressing the virus in the room. So I wrote a brand new deck outlining some Upfront views on what we may see in the funding markets ahead.

UP.Partners Raises $230M Transportation Venture Fund

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A new, Santa Monica-based venture fund, UP.Partners, said on Monday afternoon that it has raised a $230M, early stage venture capital fund focused on transportation and logistics. According to the fund, it is backed by Alaska Air Group, ARK Invest Founder and CEO Cathie Wood, Toyota subsidiary Woven Capital, Hillwood, a Perot Company; and ship management company OSM Maritime.

eTailPet Finds $800K Seed Funding

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Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. The seed funding was worth $800K, and led by Moonshots Capital, and also included individual angels from the pet industry. According to eTailPet, the funding will go to accelerate its business. moonshot ecommerce petstore funding seed capital venture etailpet

6 New Venture Realities To Target Your Funding Effort

Startup Professionals Musings

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). angel funding crowdfunding David S.

Revolution Prep Gets Growth Funding From Apax

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Santa Monica-based Revolution Prep, an academic testing and tutoring preparation company, has scored private equity funding from Apax Digital Fund. Size of the funding was not announced. According to Apax Digital, the new funding will go to expand Revolution Prep's offering and to increase access to its online tutoring services.

RepairSmith Pulls Up WIth $42M Funding For Mobile Auto Repair

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Los Angeles-based mobile automotive repair startup RepairSmith, led by Joel Milne, has raised $42M in a new funding round, the company announced this morning. The Series B funding came from TI Capitl, Mercedes-Benz, Porsche Ventures, and Spring Mountain Capital. According to the company, the funding will go towards rapid expansion of its service. repairsmith mobile auto automotive repair venture capitl funding

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Fisker to Raise $625 Million to Fund Second EV Model

L.A. Business Journal

Manhattan Beach-based Fisker Inc. is lining up capital to start production on a second electric vehicle in late 2023 after unveiling a debt offering of $625 million

10 Alternative Funding Sources For Your New Venture

Startup Professionals Musings

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. This is the primary source of non-personal funds for very early-stage startups.

eTailPet Finds Seed Funding

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Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. Size of the funding was not announced. The funding was led by Moonshots Capital. etailpet venture capital seed funding petstore ecommerce moonshot

Draper Goren Holm Raises $25M Blockchain Fund

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Los Angeles-based Draper Goren Holm , a new venture capital fund founded by Tim Draper, Alon Goren, and Josef Holm, announced on Tuesday that it has raised $25M in its very first fund. According to the firm, its Fund 1 will make seed and Series A investments in the fintech and blockchain startup world. The fund was announced at the LA Blockchain Summit, which is virtual this year. bitcoin blockchain startup investment fund finance capital venture holm goren draper

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New Program Aims To Connect Startups, Series A Funding

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A new program, run by the Alliance for Southern California Innovation, is looking to connect startups with Series A funding, according to the group. The Alliance said it has launched its new SoCal Venture Pipeline program, to help bridge a key funding gap for Southern California entrepreneurs, by connecting them to relevant venture capital firms. The new program also is funded by by Wilson Sonsini Goodrich & Rosati and KPPB, LP.

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Impervious.ai Finds Funding

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Size of the funding was not announced. Los Angeles-based Impervios Technologies, a developer of a software layer built on Bitcoin to enable "cryptographically secure, streaming, and censorship-resistant applications", said on Friday that it has raised a pre-seed financing. The round was led by Trammell Venture partners, and also included Strategic Cyber Ventures, Ten-31, Deflation.vc, and Mike Doniger, Former Director of Research at Citadel Fundamental Strategies.

Scopely Scores $340M Funding Round

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Los Angeles-based mobile games developer Scopely announced this morning that it has raised a huge, $340M Series E funding round. Scopely said the new funding will go towards supporting its M&A strategy as well as expansion into new product categories. games mobile investment content videogame unicorn funding capital venture scopely

Dorian Debuts With $3.25M Funding

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Los Angeles-based Dorian , a startup developing a way for writers and storytellers to create their own games, without coding, has raised $3.25M in a seed funding round, the company disclosed on Monday. The funding was led by March Capital Partners, and also included VGames, Konvoy Ventures, London Venture Partners, Andover Ventures, Night Media, as well as angel Michael Chow (of the Twitch series "Artificial").

New Game Studio Theorycraft Announces $37.5 Million In Funding

L.A. Business Journal

million to fund development of its first title Fledgling video game studio Theorycraft Games Inc. announced March 4 that it had hauled in an impressive $37.5

Mapped Snags Second Seed Funding

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a second seed funding. The funding came from MetaProp and Allegion Ventures, plus Singtel Innov8, Greycroft, and ANIMO Ventures. The company said the seed II fund brings its total raised to $9.5M, including a $3M funding round in February of 2020. Los Angeles-based Mapped, a developer of artificial intelligence-powered software used for industrial Internet-of-Things (IoT), has raised $6.5M

Wavemaker Three-Sixty Health Launches New Fund

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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. According to Wavemaker 360, the fund focuses on healthcare start-ups seeking seed-stage investment, and importantly avoids biotech.

Genalyte Finds $50M Funding

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San Diego-based Genalyte, a developer of laboratory diagnostics and analytics products, announced on Monday that it has raised $50M in a funding round. The funding was led by Verily, an Alphabet company, and also included Provenio Capital, Redmile, Khosla Ventures, HBM Partners, Samsara and others. According to the company, it will use the funding to expand its testing menu and deploy its platform.