Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during June 2022. I have included some additional information as well such as industry and brief funding description, to further the analysis of the state of venture capital in LA. For the purposes of this analysis, only equity funding rounds were considered.
Are you raising capital? 43North is on the hunt for its next cohort, and this year, the accelerator will be making five $1 million investments each in exchange for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward.
*** Learn more and apply before 7/8 at 43North.org/program ***
7. Tellie $10.0M
Round: Series A
Description: Tellie is the developer of an all-in-one commerce & content platform designed to serve as a bridge between existing Web2 services and the Web3 ecosystem. Founded by Jack Bogdan, Kim Nortman, and Todd Peterson in 2020, Tellie has now raised a total of $10.0M in total equity funding and is backed by Malibu Point Capital, Dapper Labs, Gaingels, Galaxy Digital, and Upfront Ventures.
Investors in the round: Corazon Capital, Dapper Labs, Gaingels, Galaxy Digital, Malibu Point Capital, Osage Venture Partners, SXSW, TQ Ventures, Upfront Ventures
Industry: Content Creators, Internet, Media and Entertainment, Software
Founders: Jack Bogdan, Kim Nortman, Todd Peterson
Founding year: 2020
Total equity funding raised: $10.0M
Are you raising capital? 43North is on the hunt for its next cohort, and this year, the accelerator will be making five $1 million investments each in exchange for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward.
*** Learn more and apply before 7/8 at 43North.org/program ***
7. Homelister $10.0M
Round: Series A
Description: Homelister gives you all the tools you need to sell your home and save money. Founded by Lindsay McLean in 2015, Homelister has now raised a total of $16.5M in total equity funding and is backed by M13, MetaProp, Mucker Capital, Homebrew, and Stout Street Capital.
Investors in the round: Homebrew, M13
Industry: E-Commerce, Real Estate
Founders: Lindsay McLean
Founding year: 2015
Total equity funding raised: $16.5M
Are you raising capital? 43North is on the hunt for its next cohort, and this year, the accelerator will be making five $1 million investments each in exchange for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward.
*** Learn more and apply before 7/8 at 43North.org/program ***
6. Tango $14.0M
Round: Series A
Description: Tango is a web browser extension for automatically capturing screenshots for training guides, workflows, and how to’s Founded by Brian Shultz, Daniel Giovacchini, and Ken Babcock in 2020, Tango has now raised a total of $19.7M in total equity funding and is backed by Alumni Ventures, General Catalyst, Tiger Global Management, Wing Venture Capital, and Red Sea Ventures.
Investors in the round: Atlassian Ventures, General Catalyst, GSV Ventures, Outsiders Fund, Red Sea Ventures, Slack Fund, Tiger Global Management, Wing Venture Capital
Industry: Enterprise Software, Software
Founders: Brian Shultz, Daniel Giovacchini, Ken Babcock
Founding year: 2020
Total equity funding raised: $19.7M
Are you raising capital? 43North is on the hunt for its next cohort, and this year, the accelerator will be making five $1 million investments each in exchange for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward.
*** Learn more and apply before 7/8 at 43North.org/program ***
5. Epsilon3 $15.0M
Round: Series A
Description: Epsilon3 is the OS for spacecraft and complex operations. Founded by Aaron Sullivan, Laura Crabtree, and Max Mednik in 2021, Epsilon3 has now raised a total of $18.8M in total equity funding and is backed by Lux Capital, Y Combinator, Pareto Holdings, Soma Capital, and Edward Lando.
Investors in the round: Lux Capital, MaC Venture Capital, Moore Strategic Ventures, Y Combinator
Industry: B2B, Information Technology, Productivity Tools, Software, Space Travel
Founders: Aaron Sullivan, Laura Crabtree, Max Mednik
Founding year: 2021
Total equity funding raised: $18.8M
Are you raising capital? 43North is on the hunt for its next cohort, and this year, the accelerator will be making five $1 million investments each in exchange for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward.
*** Learn more and apply before 7/8 at 43North.org/program ***
4. Regard $15.3M
Round: Series A
Description: Regard uses AI to automatically diagnose patients and generate accurate notes for doctors to improve patient care and reduce burnout. Founded by Eli Ben-Joseph, Nate Wilson, and Thomas Moulia in 2017, Regard has now raised a total of $20.3M in total equity funding and is backed by Techstars, Foundry Group, Dreamit Ventures, Right Side Capital Management, and Wavemaker 360.
Investors in the round: Brook Byers, Calibrate Ventures, Drew Houston, Foundry Group, Susa Ventures, TenOneTen Ventures
Industry: Artificial Intelligence, Computer, Electronic Health Record (EHR), Health Care, Software
Founders: Eli Ben-Joseph, Nate Wilson, Thomas Moulia
Founding year: 2017
Total equity funding raised: $20.3M
Are you raising capital? 43North is on the hunt for its next cohort, and this year, the accelerator will be making five $1 million investments each in exchange for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward.
*** Learn more and apply before 7/8 at 43North.org/program ***
3. Magical $35.0M
Round: Series A
Description: Magical fundamentally redefines the work calendar, enabling highly effective people to take back control of their time without the busywork. Founded by Tal Peretz and Tommy Barav in 2021, Magical has now raised a total of $38.3M in total equity funding and is backed by Bain Capital, Greylock, Coatue, Resolute Ventures, and SV Angel.
Investors in the round: Bain Capital Ventures, Blank Ventures, Coatue, Greylock, GTMFund, SV Angel
Industry: Productivity Tools, Software, Virtual Workforce
Founders: Tal Peretz, Tommy Barav
Founding year: 2021
Total equity funding raised: $38.3M
Are you raising capital? 43North is on the hunt for its next cohort, and this year, the accelerator will be making five $1 million investments each in exchange for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward.
*** Learn more and apply before 7/8 at 43North.org/program ***
2. Religion of Sports $50.0M
Round: Series B
Description: Religion of Sports is a sports media company that provides videos, podcasts, feature films, and social content about sports. Founded by Gotham Chopra, Michael Strahan, and Tom Brady in 2017, Religion of Sports has now raised a total of $63.0M in total equity funding and is backed by Courtside Ventures, Advancit Capital, Shamrock Capital Advisors, Elysian Park Ventures, and LionTree.
Investors in the round: Advancit Capital, Cerro Capital, Eldridge, Elysian Park Ventures, Shamrock Capital Advisors
Industry: Broadcasting, Content, Media and Entertainment, Sports
Founders: Gotham Chopra, Michael Strahan, Tom Brady
Founding year: 2017
Total equity funding raised: $63.0M
Are you raising capital? 43North is on the hunt for its next cohort, and this year, the accelerator will be making five $1 million investments each in exchange for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward.
*** Learn more and apply before 7/8 at 43North.org/program ***
1. Metropolis $167.0M
Round: Series B
Description: Metropolis is an AI and computer vision start-up built to modernize parking and empower the future of mobility. Founded by Alexander Israel, Courtney Fukuda, Peter Fisher, and Travis Kell in 2017, Metropolis has now raised a total of $228.0M in total equity funding and is backed by Moving Capital, Slow Ventures, UP Partners, Silver Lake Waterman, and 01 Advisors.
Investors in the round: 3L Capital, Assembly Ventures, Dan Doctoroff, Dragoneer Investment Group, Eldridge, Moving Capital, Silver Lake Waterman, UP Partners
Industry: Artificial Intelligence, Autonomous Vehicles, Computer Vision, Internet, Machine Learning, Real Estate, Software
Founders: Alexander Israel, Courtney Fukuda, Peter Fisher, Travis Kell
Founding year: 2017
Total equity funding raised: $228.0M
Are you raising capital? 43North is on the hunt for its next cohort, and this year, the accelerator will be making five $1 million investments each in exchange for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward.
