socalTECH

JUNE 25, 2021

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.

Santa Monica 200

Santa Monica Funding Equity Services 200

TechCrunch LA

APRIL 26, 2022

Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. The new $25 million in Series A investment, led by Alimentation Couche-Tard via its Circle K Venture Fund, will enable Food Rocket to deliver in 26 countries and territories, including more than 7,000 U.S.

Funding 246

Funding Los Angeles Startup Angel 246

TechCrunch LA

MAY 31, 2022

It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15 billion — and its first fund is “ranked as one of the top 5% of VC funds globally,” while the second fund is in “the top 10% of their respective vintage years.”. Tell me about the traction from your previous funds.

Venture Capital 163

Venture Capital Startup Funding Software 163

Startup Professionals Musings

APRIL 7, 2023

Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Funding for founder salaries at this stage is a red flag.

Funding 94

Funding Startup Tips Entrepreneur 94

socalTECH

APRIL 4, 2019

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.

Seed Funding 222

Seed Funding Funding Los Angeles Southern California 222

L.A. Business Journal

OCTOBER 25, 2021

Santa Monica-based early stage venture fund UP.Partners launched its inaugural $230 million fund focused on mobility technology, the company announced on Oct.

Santa Monica 130

Santa Monica Funding Mobile Technology 130

socalTECH

JANUARY 25, 2021

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. Size of the investment was not announced. Citi announced the investment this morning.

Funding 113

Funding Los Angeles Hulu Netflix 113

TechCrunch LA

OCTOBER 29, 2021

Salted , a Los Angeles-based startup creating digitally native quick-service restaurant brands, brought in a new round of $16 million in Series A funding to continue its nationwide expansion. Creadev led the Series A that also included Proof Ventures and B. Riley Financial. The new investment joins with a $4 million seed round raised in May.

Funding 191

Funding Los Angeles Angel Invest 191

socalTECH

SEPTEMBER 27, 2021

A new program, run by the Alliance for Southern California Innovation, is looking to connect startups with Series A funding, according to the group. According to the two, the program recruits and selects top SoCal-based startups that have demonstrated clear market traction and provides introductions to leading venture funds.

Southern California 197

Southern California SoCal Startup Funding 197

socalTECH

MARCH 31, 2021

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.

Funding 113

Funding Acquisition San Diego Software Development 113

socalTECH

OCTOBER 28, 2021

Wavemaker Partners, the investment firm which has oeprations both in Los Angeles as well as Singapore, has launched a new climate and sustainability fund, Wavemaker Impact. According to the new fund, it is currently raising $25M for its new fund, which will focus on startups which are looking at climate technology and sustainability.

Funding 113

Funding Los Angeles Angel Startup 113

socalTECH

JULY 9, 2021

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. FreightPop is led by CEO Kurt Johnson.

Funding 113

Funding Software Invest Company 113

L.A. Business Journal

MARCH 8, 2021

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

Funding 246

Funding Develop Development 246

Startup Professionals Musings

JUNE 11, 2022

A nonprofit organization is generally defined as an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. For a nonprofit, bootstrapping is self-funding from donations and fund-raising. Individual and institutional philanthropy. Government grants.

Funding 133

Funding Equity Angel Venture Capital 133

socalTECH

FEBRUARY 26, 2021

Los Angeles-based The 22 Fund, a new startup investment fund which says it focuses on the "impact investing" sector--investing with a racial, gender, climate and social justice lens--says it has received an investment from The Clio Fund and ImpactAssets. Gray is the Founder and Managing Partner of The 22 Fund.

Funding 113

Funding Invest Los Angeles Angel 113

socalTECH

FEBRUARY 10, 2021

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.

Funding 113

Funding Los Angeles Angel Capital 113

socalTECH

JUNE 28, 2021

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 says its portfolio companies already include several companies, including Canopy, Cordial, GoSite, SOCi, VideoAmp, and Zingle.

Venture Capital 203

Venture Capital Capital Funding Invest 203

socalTECH

OCTOBER 6, 2020

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.

Draper 160

Draper Funding Los Angeles Keiretsu 160

socalTECH

FEBRUARY 12, 2021

San Diego-based Dexcom, which develops equipment for continuous glucose monitoring for people with diabetes, has launched its own venture capital fund, Dexcom Ventures. The new fund specifically is aiming at initiatives in glucose sensing technologies and in adjacent fields of metabolic monitoring.

Venture Capital 124

Venture Capital Capital Funding San Diego 124

socalTECH

SEPTEMBER 13, 2021

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 is led by Managing Partners Ron Nayot and Kevin Ma.

Capital 113

Capital Funding Los Angeles Equity 113

Both Sides of the Table

AUGUST 11, 2020

Yeah, Valence announced > $5 million in funding led by GGV and Upfront. It is a company with a mission to create better access and more funding for Black entrepreneurs and executives. Announced their Series A funding round , which Upfront participated in and which was led by Hans Tung from GGV. I’m so fricking pumped today.

Funding 314

Funding Venture Capital Entrepreneur Mentor 314

socalTECH

JANUARY 21, 2022

Santa Monica-based venture capital firm Bonfire Ventures is looking to raise $165M in its third fund, according to a regulatory filing from the firm. The regulatory filing says the firm has yet to sign up any limited partners on the new fund. Bonfire makes early stage investments in B2B software startups.

Santa Monica 113

Santa Monica Funding Venture Capital Capital 113

Startup Professionals Musings

OCTOBER 7, 2022

One of the big questions that every entrepreneur struggles with is how much funding they should request from investors in the first round. Can you justify your use of funds to this investor? Be prepared to explain your business model.

Funding 123

Funding Startup Angel Entrepreneur 123

socalTECH

OCTOBER 1, 2021

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. The company said it is in the midst of raising $2.5

Seed Funding 113

Seed Funding Funding Riot Games Los Angeles 113

socalTECH

OCTOBER 8, 2019

Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. The new firm, led by serial entrepnd investor Aaron Fyke, said its seed stage fund has had its first close of over $5 million.

Capital 213

Capital Funding Idealab Venture Capital 213

TechCrunch LA

OCTOBER 12, 2021

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. In the past two years, the company released more than 78 products.

Capital 213

Capital Funding Los Angeles Beachbody 213

socalTECH

DECEMBER 21, 2021

in an initial funding. The company said the funding came from Jaycen Joshua (owner of Canton House Studios), and Steve Miller, (co-founder of Anomaly Create). Los Angeles-based VYRNT, a startup developing an e-commerce platform for NTFs, says it has raised $1.5M

Seed Funding 113

Seed Funding Funding Los Angeles Commerce 113

socalTECH

SEPTEMBER 27, 2021

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. The company says it is raising $2.5M

Seed Funding 113

Seed Funding Funding Riot Games Los Angeles 113

TechCrunch LA

JULY 19, 2022

million in new funding for its predictive inventory recommendation platform, joining other similar companies, including Zippedi and Inventa. The company raised $5 million in equity last November from Equal Ventures and Eniac to give it $28 million in total equity and debt funding. Last week, Syrup Tech raised $6.3

Funding 191

Funding Los Angeles Product Equity 191

Startup Professionals Musings

OCTOBER 17, 2022

Venture capitalists (VCs) have long been seen as the top of the pyramid for startup funding sources, but in fact angel investors now fund over twice as many companies, according to a classic Crunchbase article. Here are a couple of concerns and possible negatives to avoid: More startups left in the funding gap.

Venture Capital 139

Venture Capital Funding Angel Startup 139

Startup Professionals Musings

OCTOBER 19, 2022

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. These sites often sponsor pitch contests with small cash prizes for funding, as well as other valuable services to support entrepreneurs.

Startup 144

Startup Funding Entrepreneur Equity 144

socalTECH

APRIL 27, 2021

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.

Funding 113

Funding Los Angeles Angel Invest 113

socalTECH

SEPTEMBER 27, 2021

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.

Funding 113

Funding Equity Software Training 113

socalTECH

JANUARY 20, 2022

Los Angeles-based Untapped Ventures said on Wednesday that it has launched a new, early-stage venture capital fund, which it says invests in companies that "help people live the best version of themselves, personally and professionally." The size of the new fund was not announced. The size of the new fund was not announced.

Venture Capital 113

Venture Capital Funding Los Angeles Angel 113

Startup Professionals Musings

APRIL 11, 2022

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. It forces you to bridge the gap between idea and execution.

Funding 135

Funding Entrepreneur Startup Activity 135

socalTECH

JULY 20, 2021

Los Angeles-based venture capital investor Moonshots Capital announced on Tuesday morning that it has raised $36M in its second fund, Moonshots Fund II. The venture investment firm--led by Kelly Perdew and Craig Cummings--said the new fund will continue to go to late Seed and Series A investments.

Capital 133

Capital Funding Los Angeles Venture Capital 133

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. Wait, didn’t you just raise a fund? Was it hard to raise the fund?

Venture Capital 396

Venture Capital Funding Santa Barbara Startup 396