Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during April 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.
7. Welcome Tech $30.0M
Round: Venture
Description: Welcome Tech is a digital platform that builds data-driven services for immigrant communities. Founded by Amir Hemmat and Raul Lomeli in 2010, Welcome Tech has now raised a total of $73.0M in total equity funding and is backed by SB Opportunity Fund, TTV Capital, Owl Ventures, Crosscut Ventures, and Next Play Capital.
Investors in the round: Mubadala Capital Ventures, Next Play Capital, Owl Ventures, SB Opportunity Fund, TTV Capital
Industry: Banking, Communities, Financial Services, Health Care, Market Research
Founders: Amir Hemmat, Raul Lomeli
Founding year: 2010
Total equity funding raised: $73.0M
LA TechWatch’s exclusive coverage of this round: Welcome Tech Raises Another $30M for its Digital Banking and Services Platform for Immigrants
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.
7. Vanilla $30.0M
Round: Series B
Description: Vanilla is an estate planning platform that allows advisors to unlock new value for clients and prospects alike, no expertise required. Founded by Steve Lockshin in 2019, Vanilla has now raised a total of $41.6M in total equity funding and is backed by Insight Partners, Venrock, Michael Jordan, Curtis Polk, and Jason Wenk.
Investors in the round: Insight Partners, Venrock
Industry:
Founders: Steve Lockshin
Founding year: 2019
Total equity funding raised: $41.6M
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.
7. VPLS $30.0M
Round: Venture
Description: VPLS is a provider for cloud-to-edge computing and technology services. Founded by Ted Mektrakarn and Tim Mektrakarn in 2019, VPLS has now raised a total of $62.5M in total equity funding and is backed by Crestline.
Investors in the round: Crestline
Industry: Information Technology, Web Hosting
Founders: Ted Mektrakarn, Tim Mektrakarn
Founding year: 2019
Total equity funding raised: $62.5M
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. Enervee $35.0M
Round: Series B
Description: Enervee is a platform-oriented company that drives energy efficiency and consumer engagement through a suite of innovative SaaS products. Founded by Don Epperson in 2010, Enervee has now raised a total of $40.4M in total equity funding and is backed by JP Morgan, Obvious Ventures, SaaS Capital, Kerogen Capital, and Don Epperson.
Investors in the round: JP Morgan, Kerogen Capital
Industry: Analytics, Clean Energy, E-Commerce, Energy Efficiency, SaaS
Founders: Don Epperson
Founding year: 2010
Total equity funding raised: $40.4M
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. LinearB $50.0M
Round: Venture
Description: LinearB is analytics & automation for software development teams Founded by Dan Lines and Ori Keren in 2018, LinearB has now raised a total of $70.6M in total equity funding and is backed by Battery Ventures, 83North, TechAviv Founder Partners, and Ariel Maislos.
Investors in the round: 0
Industry: Analytics, Information Technology, Machine Learning, Software
Founders: Dan Lines, Ori Keren
Founding year: 2018
Total equity funding raised: $70.6M
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. Octant Bio $80.0M
Round: Series B
Description: Octant Bio is a developer of synthetic technology used to improve health and treat disease. Founded by Ramsey Homsany and Sri Kosuri in 2017, Octant Bio has now raised a total of $115.0M in total equity funding and is backed by Bristol Myers Squibb, Andreessen Horowitz, Lux Capital, 8VC, and Flucas Ventures.
Investors in the round: Allen & Company, Andreessen Horowitz, Bristol Myers Squibb, Catalio Capital Management, Fifty Years, Flucas Ventures, What If Ventures
Industry: Biotechnology, Life Science
Founders: Ramsey Homsany, Sri Kosuri
Founding year: 2017
Total equity funding raised: $115.0M
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. Johnnie-O $108.0M
Round: Venture
Description: Johnnie-O offers a collection of SoCal lifestyle essentials for men and boys. Founded by John O’Donnell in 2005, Johnnie-O has now raised a total of $129.0M in total equity funding and is backed by Ares Management, Wasatch Global Investors, and Circadian Group.
Investors in the round: Ares Management, Wasatch Global Investors
Industry: Fashion, Retail, Shopping
Founders: John O’Donnell
Founding year: 2005
Total equity funding raised: $129.0M
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. Genies $150.0M
Round: Series C
Description: Genies is an avatar technology company that builds avatars for people and communities. Founded by Akash Nigam, Evan Rosenbaum, Jake Adams, and Matt Geiger in 2017, Genies has now raised a total of $267.0M in total equity funding and is backed by Silver Lake, Dapper Labs, Gaingels, Lerer Hippeau, and Polychain.
Investors in the round: Bond, New Enterprise Associates, Silver Lake, Tamarack Global
Industry: Apps, Internet, Media and Entertainment, Mobile Apps, Virtual Reality
Founders: Akash Nigam, Evan Rosenbaum, Jake Adams, Matt Geiger
Founding year: 2017
Total equity funding raised: $267.0M
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.
1. Divergent 3D $160.0M
Round: Series C
Description: Divergent 3D aims to revolutionize the auto industry through 3D printing. Founded by Kevin Czinger in 2014, Divergent 3D has now raised a total of $248.0M in total equity funding and is backed by Alumni Ventures, Horizons Ventures, Hedosophia, Altran, and Blue Ivy Ventures.
Investors in the round: David Beirne, Hedosophia, John L. Thornton, Tom Steyer
Industry: 3D Printing, Automotive, Manufacturing
Founders: Kevin Czinger
Founding year: 2014
Total equity funding raised: $248.0M
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.