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Silicon Beach Report April 20: L.A. Seed Funding Falls Sharply in First Quarter

L.A. Business Journal

seed funding falls sharply in first quarter, Brian Lee and Ron Burkle-backed medical apparel Startup Jaanuu raises $5 million from retail execs, and Nasty Gal founder Sophia Amoruso’s dramatic biopic releases Friday on Netflix.

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Understanding What’s Going on in #LATech

Both Sides of the Table

Not just Tinder, Dollar Shave Club, Riot Games, CornerStone OnDemand and the companies you’ve heard of but there are large successes that are less well known but now very large startups businesses like Ring, Zip Recruiter, GumGum, Laurel & Wolf and too many other great companies to mention.

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L.A. Startups Received $369 Million in Seed Funding in 2016

L.A. Business Journal

Seed-stage companies in Los Angeles received a total of $369 million in funding in 2016, according to report from Venice tech accelerator Amplify.LA.

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Pray.com Finds $14M For Social Networking For Religious Communities

socalTECH

The funding was led by TPG Growth, and also included Science Inc. The startup, led by CEO Steve Gatena, has been based at California Lutheran University's Hub101 Incubator, and received a stealth seed funding round last year from Science and Greylock, which had not previously been announced. and Greylock Partners.

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How to Out Amazon, Amazon

Both Sides of the Table

We seed funded a company a few years ago called Parachute Home that has grown 180% CAGR (compounded annually) and is now doing tens of millions of revenue with very little capital raised. What started as sheets now has dozens of SKU’s. where would you even start in terms of product selection?

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ForwardMetrics Gets $1M In Seed Funding

socalTECH

Encinitas-based ForwardMetrics has just taken $1M in a seed funding round, to help companies better conduct their strategic planning. The startup said that the new funding round brings its total raised to $1.75M. Source of the seed funding was not announced. READ MORE>>.

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eTailPet Finds $800K Seed Funding

socalTECH

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.