Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during March 2022. I have included some additional information as well such as industry and brief funding description, to further the analysis for the state of venture capital in LA. For the purposes of this analysis, only equity funding rounds were considered.
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
6. Impulse Space Propulsion $20.0M
Round: Seed
Description: Impulse Space Propulsion is the developer of in-space transportation services for the inner solar system. Founded by Thomas Mueller in 2021 , Impulse Space Propulsion has now raised a total of $20.0M in total equity funding and is backed by Founders Fund.
Investors in the round: Founders Fund
Industry: Aerospace
Founders: Thomas Mueller
Founding year: 2021
Total equity funding raised: $20.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
5. Gamefam $25.0M
Round: Series A
Description: Gamefam creats an Amazing Experiences for an Amazing Community. Founded by Joe Ferencz and Wesley Leviton in 2019, Gamefam has now raised a total of $25.0M in total equity funding and is backed by Makers Fund, Bessemer Venture Partners, Play Ventures, Galaxy Interactive, and EOS VC Fund.
Investors in the round: Bessemer Venture Partners, Galaxy Interactive, Konvoy Ventures, Makers Fund, Play Ventures
Industry:
Founders: Joe Ferencz, Wesley Leviton
Founding year: 2019
Total equity funding raised: $25.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
4. Subject $29.4M
Round: Series A
Description: Subject develops an accredited learning platform that provides a custom curriculum taught by teachers with cinematic quality. Founded by Felix Ruano, Jonathan Quiros, and Michael Vilardo in 2020, Subject has now raised a total of $34.7M in total equity funding and is backed by Bessemer Venture Partners, Moving Capital, Kleiner Perkins, SB Opportunity Fund, and Steven Galanis.
Investors in the round: Alex Killorn, Hispanic Scholarship Fund, Kleiner Perkins, Moving Capital, Owl Ventures, SB Opportunity Fund, Supernode Ventures, Vivi Nevo
Industry: E-Learning, EdTech, Education
Founders: Felix Ruano, Jonathan Quiros, Michael Vilardo
Founding year: 2020
Total equity funding raised: $34.7M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
3. Bambee $30.0M
Round: Series C
Description: Bambee is a platform offering an affordable solution to small and medium-sized businesses for hiring HR managers. Founded by Allan Jones in 2016, Bambee has now raised a total of $63.0M in total equity funding and is backed by SoftBank, Gaingels, QED Investors, Greycroft, and Alpha Edison.
Investors in the round: Alpha Edison, Damian Maldonado, Gaingels, Ken Chenault, Mucker Capital, QED Investors, SoftBank
Industry: Human Resources, Professional Services, SaaS
Founders: Allan Jones
Founding year: 2016
Total equity funding raised: $63.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
3. Counterpart $30.0M
Round: Series B
Description: Counterpart is an insurtech startup company that works in the management liability insurance market. Founded by Tanner Hackett in 2019, Counterpart has now raised a total of $40.0M in total equity funding and is backed by Valor Equity Partners, Felicis Ventures, Vy Capital, and Susa Ventures.
Investors in the round: Felicis Ventures, Valor Equity Partners, Vy Capital
Industry: Artificial Intelligence, Big Data, FinTech, InsurTech, Software
Founders: Tanner Hackett
Founding year: 2019
Total equity funding raised: $40.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
2. Snappt $100.0M
Round: Series A
Description: Snappt is an AI-enabled fraud detection platform that determines the authenticity of financial documents. Founded by Daniel Berlind in 2017, Snappt has now raised a total of $100.0M in total equity funding and is backed by Insight Partners, Dreamit Ventures, K50 Ventures, Moderne Ventures, and Inertia Ventures.
Investors in the round: Insight Partners
Industry: Artificial Intelligence, FinTech, Fraud Detection
Founders: Daniel Berlind
Founding year: 2017
Total equity funding raised: $100.0M
LA TechWatch’s exclusive coverage of this round: Snappt Raises $100M for its Fraud Detection Platform for Rental Applications
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
2. Dave $100.0M
Round: Venture
Description: Dave is a banking app on a mission to create financial opportunity that advances America’s collective potential. Founded by Jason Wilk, John Wolanin, and Paras Chitakar in 2016, Dave has now raised a total of $276.3M in total equity funding and is backed by Tiger Global Management, Norwest Venture Partners, Alameda Research, Wellington Management, and The Chernin Group.
Investors in the round: #N/A
Industry: Banking, Financial Services, FinTech
Founders: Jason Wilk, John Wolanin, Paras Chitakar
Founding year: 2016
Total equity funding raised: $276.3M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.
1. Thatgamecompany $160.0M
Round: Venture
Description: Thatgamecompany develops artistically crafted, broadly accessible interactive video games. Founded by Jenova Chen and Kellee Santiago in 2012, Thatgamecompany has now raised a total of $188.8M in total equity funding and is backed by Sequoia Capital, Bracket Capital, TPG, Kleiner Perkins, and Qualcomm Ventures.
Investors in the round: Sequoia Capital, TPG
Industry: Console Games, Developer Tools, Family, MMO Games, Mobile, Online Games, Social Network, Video Games
Founders: Jenova Chen, Kellee Santiago
Founding year: 2012
Total equity funding raised: $188.8M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the Los Angeles business community and beyond. Find out how to run a digital campaign that will return your investment here.