socalTECH

MARCH 2, 2015

Burbank-based PSI Services , a provider of professional testing services to both the commercial and government market, said today that it has scored a private equity investment. The funding came from Waud Capital Partners. Financial details of the funding were not disclosed. PSI is led by Stephen Tapp. READ MORE>>.

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socalTECH

FEBRUARY 14, 2019

A new, Burbank-based startup, Loop Media , said on Thursday afternoon that it has launched a new "short-form" streaming media service, which it says will feature music videos, film trailers, game trailers and TV clips. The startup--which says it has been in "stealth" mode for over two years--says it is backed by $10M in seed funding.

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socalTECH

MARCH 22, 2017

San Diego-based Lightpost Digital , a digital agency which provides online marketing services to local businesses, has raised a round of funding, the company disclosed this week. The funding came from Canal Partners and DWP Investments. The company is a spinout of Deal Current, and was founded in 2015.

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Startup Professionals Musings

JULY 5, 2023

It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective. Usually these will not give you money, but will provide inexpensive expert mentoring and office services. Sometimes these will ask for 5%-15% of your equity for their support services.

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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.

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socalTECH

DECEMBER 21, 2021

Los Angeles-based fintech startup Novea, the parent company of Novea, Jacana Warranty, and Jacana Insurance, says it has raised $50M in equity funding, along with $5M in debt. The funding came from Newpoint Financial Group, a Swiss investor. Novea is led by CEO Jim Quinlan.

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L.A. Business Journal

APRIL 13, 2021

million in Series A funding. Tagger Media, the Santa Monica-based developer of a software platform for influencer-based marketing campaigns, has raised $8.5

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TechCrunch LA

APRIL 26, 2022

Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. that puts its 15-minute grocery delivery service in more than 14,000 Circle K convenience stores and Couche-Tard locations. In all, the company has raised $30 million to date.

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socalTECH

DECEMBER 1, 2020

San Diego-based GoSite , which operates an online platform to help small businesses bring their business online, has raised $40M in a Series B funding round, the company announced this morning. The funding was led by Left Lane Capital, and also included Longley Capital, Cove Fund, Stage 2, Ankona Capital and Serra Ventures.

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TechCrunch LA

MAY 14, 2020

A little over a year after its graduation from Y Combinator’s demo day, the on-demand construction materials delivery service Curri is beginning to offer its services in all 50 states. ” After graduating from Y Combinator in the summer of 2019, the company tested its services in the Southern California region.

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TechCrunch LA

JUNE 16, 2020

UNest , a Los Angeles provider of financial planning and savings tools for parents including college savings plans and other beneficial investment vehicles for various life events, has raised $9 million in a new round of funding, the company said. . “To me the investment in UNest is a great opportunity to help my community. “We

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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.

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TechCrunch LA

JULY 29, 2019

Los Angeles-based Ordermark , the online delivery management service for restaurants founded by the scion of the famous, family-owned Canter’s Deli, said it has raised $18 million in a new round of funding. million for Ordermark, a takeout order management service. The round was led by Boulder-based Foundry Group.

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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. Bartering services. Government grants. Marty Zwilling.

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socalTECH

NOVEMBER 21, 2017

Los Angeles-based HopSkipDrive , the ridesharing service which helps deliver kids to and from school, after-school activities, and home, said this morning that it has raised $7.4M in a new funding round. The funding came from Student Transportation Inc. As part of the funding, Denis J. will join HopSkipDrive's board.

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TechCrunch LA

OCTOBER 27, 2020

The 29 year-old CEO has, indeed, built a decentralized ghost kitchen — and managed to convince Softbank’s latest Vision Fund to invest in a $120 million round for that the company announced today. million for Ordermark, a takeout order management service. Canters restaurant royalty raises $9.5 Image Credit: Ordermark.

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socalTECH

MAY 30, 2019

Los Angeles-based Mission , a startup providing managed services and consulting for Amazon Web Services, has raised $15M in a funding round, from private equity investor Great Hill Partners. According to Mission, it will use the new funding to expand its team, technology, system, and go-to-market.

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socalTECH

APRIL 24, 2019

San Diego-based Perspectium , which develops software for service management integration, has raised $8M in its Series B funding round, according to the firm. According to Perspectium, the new funding will help it continue expansion to global markets, and launch new products. The investment came from TVC Capital. READ MORE>>.

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TechCrunch LA

DECEMBER 17, 2020

Allan Jones’s first startup was Fourth and Grand , a Trunk Club-like service backed by the venture studio and accelerator, Science, out of Santa Monica. What sets Bambee apart from companies like Zenefits and other companies looking to provide human resources services is its focus on the needs of employees as well as employers.

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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.

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socalTECH

JULY 2, 2019

San Diego-based Mercato , which provider online ordering and delivery services to independent grocery stores, has raised a round of funding from Greycroft, the company said this week. According to Mercato, it will use the new funding to expand into new markets, as well as continue development of its technology and services.

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socalTECH

AUGUST 19, 2020

The company--which raised seed funding in March from Act One Ventures--says it delivers, upgrades and services home offices for teams, and also handles health and safety compliance for companies. GroWrk was foudned and is led by CEO Carlos Escutia.

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socalTECH

AUGUST 23, 2012

Los Angeles-based MYMUSAIC , a new startup, said this morning that it has just closed an angel funding round, and launched an online software service to turn photos and music into movies. The startup did not provide details on its angel round.

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socalTECH

MARCH 14, 2018

West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry.

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socalTECH

NOVEMBER 24, 2020

Los Angeles-based fintech startup HMBradley , which offers up online, digital bank accounts which pay interest based not on a user's balance, but on what percentage of their direct deposits they are saving, has raised $18.25M in a Series A funding. The funding was led by Acrew Capital. for those saving 5%.

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socalTECH

SEPTEMBER 11, 2020

Los Angeles-based venture investment firm Greycroft Partners is one of the backers in a $2.25M funding round for Chartable , an online service which provides statistics for podcast downloads. Chartable's services are used by both publishers and advertisers to better understand their audience. READ MORE>>.

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socalTECH

AUGUST 19, 2021

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.

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socalTECH

MARCH 5, 2020

Los Angeles-based Quibi , the short form video streaming startup which was founded by Jeffrey Katzenberg and Meg Whitman, has raised $350M in funding, bringing the total raised for the yet-to-be-launched venture to an astounding $1.75 Names and details of the investors in the new funding round were not announced. READ MORE>>.

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socalTECH

FEBRUARY 2, 2018

Los Angeles-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.

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socalTECH

JANUARY 27, 2020

Culver City-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning. The startup said it will use funding for its subscription services, which revolve around hands-on craft activities for pre-school and primarly school age children.

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TechCrunch LA

JULY 10, 2019

Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. Cars-as-a-Service. Car shoppers now have several new options to avoid long-term debt and commitments. But not everyone wants to buy a car.

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socalTECH

JUNE 9, 2020

Santa Monica-based Grow Credit , a startup which helps people establish credit by paying for subscriptions to services such as Netflix, Disney Plus, and Spotify, has raised $2M in a seed funding round, the company said on Tuesday. The funding came from Mucker Labs.

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Startup Professionals Musings

JULY 16, 2023

None normally work for or provide funds for early-stage startups. Most retail and commercial banks offer investment services to their customers, but these services have nothing to do with investing in your business. Many investment banks even call themselves “boutiques.” Very confusing.

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socalTECH

SEPTEMBER 25, 2019

Los Angeles-based venture investor Greycroft is the lead investor in ZenBusiness , a new startup providing small business services. According to Austin, Texas-based ZenBusiness, the funding will go to expand its footprint, and build out platform and community features for its customers.

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socalTECH

DECEMBER 20, 2018

Santa Monica-based Fair , which operates a service which lets consumers essentially gain access to automobiles on a month-to-month "car-as-a-service" program, has raised a giant, $385M funding round. The funding was led by SoftBank, and also included Exponential Ventures, Munich Re Venture's ERGO Fund, G Squared, and CreditEase.

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socalTECH

MARCH 1, 2019

Van Nuys-based Jet Edge International , a provider of aircraft management and private jet charter services, said this week that it has raised $60M in a equity and debt funding round. The funding was led by Los Angeles-based private equity investor Solace Capital Partners.

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socalTECH

SEPTEMBER 24, 2020

Newport Beach=based private equity investor L Squared Capital said on Wednesday that it has closed a new fund, L Squared Capital Partners III , at just over $500M. L Squared says its sectors of focus include education technology, tech-enabled services & software, and industrial technology & services. READ MORE>>.

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