Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during July 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. FairPlay $10.0M
Round: Series A
Description: FairPlay is the world’s first Fairness-as-a-Service company, offering tools that embed fairness into AI decision-making and reducing algorithmic bias. Founded by John Merrill and Kareem Saleh in 2020, FairPlay has now raised a total of $14.5M in total equity funding and is backed by Fin Capital, Third Prime, Nyca Partners, TTV Capital, and Jonathan Weiner.
Investors in the round: Cross River Digital Ventures, Fin Capital, Financial Venture Studio, Jonathan Weiner, Nevcaut Ventures, Nyca Partners, Third Prime, TTV Capital
Industry: Artificial Intelligence, B2B, Lending, Machine Learning, Software
Founders: John Merrill, Kareem Saleh
Founding year: 2020
Total equity funding raised: $14.5M
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. Ghost $13.0M
Round: Series A
Description: Ghost combines real-time data with intelligent solutions to help brands monetize their excess inventory discreetly and sustainably. Founded by Dee Murthy and Josh Kaplan in 2021, Ghost has now raised a total of $18.0M in total equity funding and is backed by Flexport, Human Capital, Eniac Ventures, Union Square Ventures, and Equal Ventures.
Investors in the round: Eniac Ventures, Flexport, Human Capital, Union Square Ventures
Industry: Marketplace, Retail Technology, Software
Founders: Dee Murthy, Josh Kaplan
Founding year: 2021
Total equity funding raised: $18.0M
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.
6. Paragon $13.0M
Round: Series A
Description: Paragon is an embedded integration platform for SaaS apps, enabling companies to build products that integrate with the SaaS ecosystem. Founded by Brandon Foo and Ishmael Samuel in 2019, Paragon has now raised a total of $15.7M in total equity funding and is backed by FundersClub, Edward Lando, Y Combinator, Global Founders Capital, and Village Global.
Investors in the round: FundersClub, Garuda Ventures, Inspired Capital Partners, Jude Gomila
Industry: Data Center Automation, Data Integration, Developer APIs, Productivity Tools, SaaS
Founders: Brandon Foo, Ishmael Samuel
Founding year: 2019
Total equity funding raised: $15.7M
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.
5. Hang $16.0M
Round: Series A
Description: Hang is building the future of membership and loyalty for brands. Founded by Matt Smolin and Sam Smolin in 2021, Hang has now raised a total of $16.0M in total equity funding and is backed by Tiger Global Management, Scott Belsky, K5 Global, Shrug Capital, and Red Sea Ventures.
Investors in the round: Alexandre Arnault, David Heath, Davis Smith, GoldenTree Asset Management, Good Friends, Green Bay Ventures, Impatient Ventures, K5 Global, Leore Avidar, Night Ventures, Nik Sharma, Paradigm, Red Sea Ventures, Roger Ehrenberg, Sam Lessin, Scott Belsky, Shrug Capital, Sung Ho Choi, Thirty Five Ventures, Tiger Global Management, Tony Hawk, Vinay Menda
Industry: Music
Founders: Matt Smolin, Sam Smolin
Founding year: 2021
Total equity funding raised: $16.0M
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. Moving Analytics $20.0M
Round: Series A
Description: Moving Analytics is a telehealth service provider that specializes in cardiovascular prevention programs. Founded by Ade Adesanya, Gaurav S. Sukhatme, Harsh Vathsangam, and Shuo Qiao in 2013, Moving Analytics has now raised a total of $30.5M in total equity funding and is backed by Alumni Ventures, MedTech Innovator, Wellington Management, Stanford University, and OCA Ventures.
Investors in the round: Alumni Ventures, Aphelion Capital, Citi Ventures, Nueterra Capital, Philips Venture Capital Fund, Seae Ventures, SteelSky Ventures, Wellington Management
Industry: Health Care, Information Technology, Medical, mHealth
Founders: Ade Adesanya, Gaurav S. Sukhatme, Harsh Vathsangam, Shuo Qiao
Founding year: 2013
Total equity funding raised: $30.5M
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.
3. Flip $60.0M
Round: Series B
Description: Flip is a next-gen social & live commerce platform by combining a TikTok-like discovery experience with a premium e-commerce service. Founded by Jonathan Ellman and Noor Agha in 2019, Flip has now raised a total of $94.8M in total equity funding and is backed by Streamlined Ventures, Human Capital, WestCap, Helium-3 Ventures, and Kli Capital.
Investors in the round: Mubadala Capital Ventures, Streamlined Ventures, WestCap
Industry: Beauty, E-Commerce, Marketplace, Retail, Shopping, Social Media
Founders: Jonathan Ellman, Noor Agha
Founding year: 2019
Total equity funding raised: $94.8M
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.
2. Kitchen United $100.0M
Round: Series C
Description: Kitchen United offers a turnkey solution for restaurant brands to profitably expand. Founded by Harry Tsao, John Miller, and Massimo Noja De Marco in 2017, Kitchen United has now raised a total of $150.0M in total equity funding and is backed by B. Riley Venture Capital, Kroger, GV, G Squared, and Fidelity.
Investors in the round: Alimentation Couche-Tard, Inc., B. Riley Venture Capital, Cali Group, DivcoWest, Fidelity Canada, General Global Capital, GoldenArc Capital, GV, Harry Tsao, HAVI, John Miller, Kroger, Michael Montagano, Peyton Manning, Phillips Edison & Company, Restaurant Brands International, Rich Products Ventures, RXR Realty, Simon Property Group
Industry: E-Commerce, Food and Beverage, Information Technology, Restaurants
Founders: Harry Tsao, John Miller, Massimo Noja De Marco
Founding year: 2017
Total equity funding raised: $150.0M
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. Whatnot $260.0M
Round: Series D
Description: Whatnot is a live stream platform and marketplace that enables collectors and enthusiasts to connect, buy, and sell verified products. Founded by Grant LaFontaine and Logan Head in 2019, Whatnot has now raised a total of $484.7M in total equity funding and is backed by Andreessen Horowitz, Y Combinator, Operator Partners, Bond, and CapitalG.
Investors in the round: Andreessen Horowitz, Bond, CapitalG, DST Global, Y Combinator Continuity Fund
Industry: Collectibles, E-Commerce, Marketplace, Trading Platform
Founders: Grant LaFontaine, Logan Head
Founding year: 2019
Total equity funding raised: $484.7M
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.
