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 Technical Review Startup 396

socalTECH

DECEMBER 16, 2014

Los Angeles-based venture capital investment firm Upfront Ventures announced this morning that it has raised a fifth fund, worth $280M. According to the firm, the new fund will target early-stage technology investments, and will split half of the dollars in the fu between Los Angeles and the other half in investments nationally.

Funding 133

Funding Truecar Los Angeles Venture Capital 133

socalTECH

SEPTEMBER 10, 2008

Santa Monica-based Zag, the online car buying software firm headed by former CarsDirect CEO Scott Painter, has spun out a new company called TrueCar, the firm said late Wednesday. According to TrueCar, it will provide information about new car pricing, using the actual price people have paid for cars.

Zag 133

Zag Truecar CarsDirect Arcturus 133

socalTECH

OCTOBER 31, 2012

GRP Partners , the venture capital firm managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, seems to be making good progress on its newest fund, GRP IV, according to a regulatory filing from the firm filed Wednesday. in committments for the $200M fund, which is still open to investors. READ MORE>>.

GRP Partners 185

GRP Partners Funding Truecar Venture Capital 185

socalTECH

NOVEMBER 2, 2011

Los Angeles-based venture capital firm GRP Partners is looking to raised $250M in its newest fund, GRP IV L.P., According to the filing, the fund is being managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, and has just started fundraising efforts. GRP last closed on a fund--GRP III, L.P.--in

Gogii 162

Gogii GRP Partners Funding Truecar 162

socalTECH

MAY 5, 2021

Scott Painter was the founder of TrueCar, CarsDirect, and Fair.com. NXCR quitely raised $30M in funding back in February. Power's data for comprehensive dataset for vehicle valuations, residual value forecasts and insights on consumer preferences and experiences, according to Painter.

CarsDirect 113

CarsDirect Truecar Santa Monica Startup 113

socalTECH

AUGUST 5, 2019

Trinidad previously served at Google and Discovery Networks; Wilkinson was previously a venture capitalist at Exponential Partners--one of Fair's early investors; and Pierantoni was previously Chief Accounting Officer and Chief Financial Officer at TrueCar. READ MORE>>.

Cornerstone OnDemand 124

Cornerstone OnDemand Truecar Ticketmaster Paramount 124

socalTECH

JUNE 27, 2013

Los Angeles-based venture capital investor GRP Partners announced this morning that it has raised a fourth fund, worth $200M, and also renamed the firm Upfront Ventures. upfront ventures partners venture capital fund startup msuster suster launchpadla' READ MORE>>.

GRP Partners 164

GRP Partners Funding CitySearch Venture Capital 164

socalTECH

SEPTEMBER 14, 2016

Are you a startup looking to find funding in Southern California? It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our real time analysis of venture funding flows. Upfront Partners - 11 deals.

Southern California 100

Southern California Dollar Shave Club Lootcrate Orange County 100

TechCrunch LA

JULY 10, 2019

Fair was founded in 2016 by an all-star team made up of automotive, retail and banking executives including Scott Painter, former founder and CEO of TrueCar. Even car makers are looking at different ways to move vehicles from dealer lots.

Services 212

Services Truecar Sales Blogging 212

socalTECH

APRIL 7, 2014

Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting for some sign of a thaw in the exit environment. For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron.

Los Angeles 187

Los Angeles Truecar Angel Anthem 187

Both Sides of the Table

JULY 1, 2010

The consumer product they’ve created is called TrueCar. But more importantly we talked in the video about fund raising and how Scott has become so efficient at it. -Palantir’s products are used for integrating, visualizing, and analyzing multiple large datasets.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

socalTECH

SEPTEMBER 7, 2017

According to Fair, its $16M Series Seed funding round was led by Javelin Venture Partners, and also included Charles River Ventures, Foundation Capital and Sherpa Capital. The company also says it is in the midst of a Series A-1 financing being led by BMW i Ventures. READ MORE>>.

Truecar 124

Truecar Santa Monica Seed Funding Startup 124

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.

Services 113

Services Truecar Santa Monica Funding 113

socalTECH

AUGUST 10, 2016

Williams was most recently at TrueCar, where LootCrate said he created the unified data platform and technology strategy behind the company. Los Angeles-based subscription box service Loot Crate said today that it has hired its first CTO, John Williams. Downey Ventures, M13, and SterlingVC. Downey Ventures, M13, and SterlingVC.

CTO Hire 100

CTO Hire Lootcrate Downey Chief Technology Officer 100

socalTECH

JANUARY 30, 2018

Fair-- backed by more than $1 billion in funding from such investors as BMW i Ventures, Penske Automotive Group, Sherpa Capital, and others, operates a service which helps people gain access to a car, which they pay for using monthly payments, with no long term commitments. for drivers seeking vehicle access for 30 days or longer.

Truecar 100

Truecar Equity Los Angeles Activity 100

socalTECH

SEPTEMBER 19, 2017

Painter, who was previously CEO and founder of TrueCar, and has a long history in the automotive purchasing and financing industry, sat down with us to discuss Fair, what he learned at TrueCar, and how he hopes Fair will transform the auto industry. What lessons did you learn from TrueCar, which are you are applying here?

Startup 124

Startup Truecar Pricing Entrepreneur 124

socalTECH

DECEMBER 23, 2019

We have invested in 13 companies out of our Fund 1 so far and are more bullish than ever on the amazing entrepreneurs we are meeting and the companies we are helping them build. We also had our first exit for Moonshots Capital Fund 1 --Threatcare. At the same time, more capital continues to be raised in LA. Since 2010, $6.3B

Capital 100

Capital Technical Review Truecar Venture Capital 100

socalTECH

FEBRUARY 8, 2011

in a funding round, but appears to also have moved its headquarters to Northern California. in an equity funding round. No details on that funding have been announced by the company. No details on that funding have been announced by the company. SharesPost had originally been based in Santa Monica.

CarsDirect 140

CarsDirect Zag Santa Monica Incubator 140

Both Sides of the Table

FEBRUARY 9, 2013

I researched the pricing of the car at TrueCar – not because we’re an investor – but because it gives you complete price transparency over what other people in your area paid for a car. It’s taking company resources – usually funded by angels or VCs – for personal gain. As many air bags as possible.

Conference 398

Conference Technical Review Truecar Software Review 398

socalTECH

DECEMBER 22, 2020

This year ushered in the successful launch our second fund at Moonshots Capital, further validating our thesis that investing in extraordinary leadership produces exceptional companies. Are you a founder, CEO, or investor who would like to participate? Contact our editors for details. What was the biggest news for you/your company this year?

Capital 124

Capital Technical Review Truecar Southern California 124

socalTECH

FEBRUARY 10, 2011

The group, which promotes the venture capital industry in the Los Angeles area, also honored local companies for their funding and exit activity. ShoeDazzle.com , the online e-commerce startup headed by Brian Lee and whose co-founders include Kim Kardashian, scored top honors in the Best venture funding in digital media/e-commerce category.

LAVA 166

LAVA Zumbox Technology ReachLocal 166

socalTECH

FEBRUARY 10, 2012

In recent months, a dozen accelerators and incubators have emerged in the Southern California area, looking to help take the new generation of technology startups to funding and beyond. Funding: Yes. Funding: Yes. ideas, as well as funds external companies. Funding: Yes. Funding: Yes. Funding: Yes.

Southern California 145

Southern California Incubator Guide Truecar 145

socalTECH

SEPTEMBER 19, 2014

Brian Lee also gets double credit, with another of list companies--The Honest Company--recently raising $70M in funding. So then, how did our actual list do? So, how will we do this year? We''re working on another list of the socalTECH 50 -- identifying 50 more people we think ought to merit some attention, using the same criteria.

SoCalTech 166

SoCalTech Acquisition Truecar Southern California 166

Both Sides of the Table

OCTOBER 8, 2014

Over the past 4 years LA’s tech fundings have growing at a 30% compounded annual growth rate (CAGR) which is > 4 times the US average VC CAGR (7%). Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.” In the last month alone (ie not captures in the $1.5

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Both Sides of the Table

NOVEMBER 8, 2011

The tech market is filled with many stories of early-stage funding. Our other big wins came from Chicago (Ulta & Envestnet), Baltimore (BillMeLater), New York (DealerTrack) & LA (TrueCar). Whatever the outcome, our fund will be ranked in the top 5 funds or top 1% no matter how it’s sliced).

GRP Partners 285

GRP Partners Technical Review Truecar Invest 285

Both Sides of the Table

NOVEMBER 13, 2014

For starters we’re an LA-based venture fund who invests nationally (and sometimes internationally, but less so). billion IPO), HealthDataInsights (Las Vegas, $400 million) as well as LA (Maker Studios $1 billion, TrueCar $1.3 billion IPO), Envestnet (Chicago, $1.25 And the contractions always come back.

Venture Capital 408

Venture Capital Startup Outsource Development CitySearch 408

Both Sides of the Table

MARCH 12, 2013

So I began talking to him about joining the fund. It was perfect timing since in 2012 GRP raised its fourth fund bringing our total assets managed to nearly $1 billion. Community builders. Open & transparent. Approachable. And Greg was a perfect match for all of these.

Venture Capital 360

Venture Capital GRP Partners Startup Invest 360

socalTECH

DECEMBER 23, 2016

When we first started in 2012, panel programming focused on how to fund your startup, find a CTO, etc. Icon Media Direct described how it helped TrueCar use TV ads plus digital to reach mainstream audiences and increase revenue. It's amazing how much LA tech has grown since we first started Silicon Beach Fest five years ago.

Marina Del Rey 100

Marina Del Rey Dollar Shave Club Beverly Hills Startup 100

Both Sides of the Table

FEBRUARY 7, 2014

The roster of speakers was vast and just off of the of my head it included the founders of DropBox, Box, WordPress, EverNote, TrueCar, HootSuite, Charity Water, DataSift, Indiegogo, Huddle, oDesk (and many others) plus the usual cast of characters such as Robert Scoble, Gary Vaynerchuk, Dave McClure, Ben Huh, Shak, Shervin and many others.

Conference 392

Conference Startup Web Truecar 392

Both Sides of the Table

JANUARY 16, 2012

I now observes the fund raising process as a profession. This is the fund raising perspective from both sides of the table. Fund raising (as is much of life) is a sale – pure and simple. Every company is different so it’s hard to listen to advice from the uber-successful fund raisers. Executive Summary.

Develop 366

Develop Development Funding Venture Capital 366

Xconomy

JUNE 16, 2016

To Suster, founding a tech startup is a lot like mounting an expedition.

Venture Capital 49

Venture Capital San Diego Truecar Web 49

Both Sides of the Table

MARCH 17, 2010

Funding is different – In Silicon Valley you have mega venture capital funds and many of them. They not only have gotten bigger but they have an amazing track record of funding the biggest names in the sector: Cisco, Apple, Google, Facebook. As a result many funds are OK with big bets.

Company 290

Company Companies Technology Startup 290

socalTECH

JULY 13, 2009

GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. In 2000, we set up our second fund--worth almost $400M--and for that vintage year, that fund is one of the top tier performing funds in the entire country.

GRP Partners 157

GRP Partners Southern California Santa Barbara Rustic Canyon 157

Both Sides of the Table

JUNE 8, 2014

TrueCar, an LA-based company, sells more cars now than any physical dealer in the country and recently went public and has a $1 billion market cap. million under management across three funds. million in 46 companies and we have helped those companies raise an additional $215 million from venture capital funds and individual investors.

Startup 390

Startup Venture Capital Capital Funding 390

Both Sides of the Table

FEBRUARY 15, 2011

I’ve heard it many founders of VC backed companies in LA who tell me that in their NorCal VC meetings they are told, “we might be interested but we’d want you to relocate to the Bay Area if we funded you.&#. Funding is different outside of Silicon Valley. As a result many funds are OK with big bets.

Venture Capital 313

Venture Capital Southern California Google Startup 313

socalTECH

DECEMBER 31, 2018

Raising money as a first-time VC fund is hard.In Many of my friends who are VCs (and some friends who tried to raise a fund unsuccessfully) warned me that raising for a first-time fund would be very difficult. What was the biggest lesson you learned this year? As I look back on the last 18 months, I realize just how hard it was.

Capital 113

Capital Venture Capital News Patents 113