Series B
Series B activity in Los Angeles in 2017 was extremely strong with a whopping 95% increase in funding from 2016 levels. The number of deals also increased 40% with 28 Series B funding through the course of the year. Series B aggregate funding ($575M) surpassed late stage funding ($454M) in Los Angeles 2017.
For your tweeting convenience:
LA Startups raised $575M in Series B funding in 2017, up 95% from 2016! Click to tweet
The median Series B round in LA in 2017 was $18.5M Click to tweet
Median LA #startup Series B deal size increased 25% in 2017 Click to tweet
The number of LA #startup Series B deals increased 40% in 2017 Click to tweet
2017: LA Top 5 Series B Investments
Now we take a look at the LA Startup Series B fundings that were the largest for the year. These 5 deals represent 38% of total Series B funding in Los Angeles in 2017.