Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during Q1 2023. 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.
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7. Wellth $20.0M
Round: Series B
Description: Wellth motivates medication adherence using Behavioral Economics Founded by Alec Zopf and Matthew Loper in 2014, Wellth has now raised a total of $39.1M in total equity funding and is backed by Portfolia, Beyond Capital, AltaIR Capital, I2BF Global Ventures, and Healthbox.
Investors in the round: Wellth
Industry: Health Care, Information Technology, mHealth, Personal Health
Founders: Alec Zopf, Matthew Loper
Founding year: 2014
Total equity funding raised: $39.1M
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100
7. SpectrumAi $20.0M
Round: Series A
Description: SpectrumAi is modernizing and democratizing access to high-quality autism treatment. Founded by Chris Storer and Ling Shao in 2021, SpectrumAi has now raised a total of $29.0M in total equity funding and is backed by F-Prime Capital, CVS Health, Difference Partners, Frist Cressey Ventures, and Cobalt Ventures.
Investors in the round: SpectrumAi
Industry: Fitness, Health Care, Therapeutics
Founders: Chris Storer, Ling Shao
Founding year: 2021
Total equity funding raised: $29.0M
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100
6. Jump $30.0M
Round: Series A
Description: Jump is a technology enterprise software platform. Founded by Marc Lore, Alex Rodriguez, and Jordan Leiser in 2020, Jump has now raised a total of $30.0M in total equity funding and is backed by Courtside Ventures, Will Ventures, Mastry, MetaLab, and Forerunner Ventures.
Investors in the round: Jump
Industry: Customer Service, Information Services, Software
Founders:
Founding year: 2020
Total equity funding raised: $30.0M
LA TechWatch’s exclusive coverage of this round: Jump Raises $20M to Reinvision the Fan and Ticketing Experience for Sporting Events
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100
5. Plai Labs $32.0M
Round: Seed
Description: PLAI Labs uses its expertise in social media, game mechanics, and advanced technology to develop social platforms. Founded by Aber Whitcomb, Chris DeWolfe, Jairo Nieto, Jim Benedetto, and Josh Brooks in 2023, Plai Labs is backed by a16z crypto.
Investors in the round: Plai Labs
Industry: Blockchain, Internet, Social Media, Social Network, Web Development
Founders: Aber Whitcomb, Chris DeWolfe, Jairo Nieto, Jim Benedetto, Josh Brooks
Founding year: 2023
Total equity funding raised: $32.0M
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100
4. Freeform $45.0M
Round: Venture
Description: Freeform is a 3D printing company offering metal 3D printing solutions for manufacturing companies. Founded by Erik Palitsch and Thomas Ronacher in 2018, Freeform has now raised a total of $45.0M in total equity funding and is backed by Two Sigma Ventures, Threshold, and Founders Fund.
Investors in the round: Freeform
Industry: 3D Printing, 3D Technology, Electronics, Industrial Automation, Machinery Manufacturing, Manufacturing, Mechanical Engineering, Robotics
Founders: Erik Palitsch, Thomas Ronacher
Founding year: 2018
Total equity funding raised: $45.0M
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100
3. Zeitview $55.0M
Round: Series E
Description: Zeitview is an aerial data analytics platform that provides aerial drone services. Founded by Daniel Burton, Eli Tamanaha, and Simone Kartsiotis in 2014, Zeitview has now raised a total of $114.0M in total equity funding and is backed by DJI, Y Combinator, Accel, Valor Equity Partners, and FLIR Systems.
Investors in the round: Zeitview
Industry: Construction, Drones, Mapping Services, Real Estate
Founders: Daniel Burton, Eli Tamanaha
Founding year: 2014
Total equity funding raised: $114.0M
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100
3. The Believer Company $55.0M
Round: Series A
Description: The Believer Company is a game development studio dedicated to putting the player at the center of their games. Founded by Michael Chow, Shankar Gupta-Harrison, and Steven Snow in 2022, The Believer Company has now raised a total of $55.0M in total equity funding and is backed by Riot Games, Andreessen Horowitz, BITKRAFT Ventures, 1Up Ventures, and Lightspeed Venture Partners.
Investors in the round: The Believer Company
Industry: Gaming, Information Technology, Online Games, Software
Founders: Michael Chow, Shankar Gupta-Harrison, Steven Snow
Founding year: 2022
Total equity funding raised: $55.0M
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100
2. Rain $66.0M
Round: Series A
Description: Rain offers early wage access and financial wellness benefit for mid-market to enterprise employers. Founded by Alex Bradford and Jennifer Terrell in 2019, Rain has now raised a total of $78.6M in total equity funding and is backed by Tribe Capital, Vijay Shankar, QED Investors, Picus Capital, and VentureSouq.
Investors in the round: Rain
Industry: Employee Benefits, Financial Services, FinTech, Payments
Founders: Alex Bradford, Jennifer Terrell
Founding year: 2019
Total equity funding raised: $78.6M
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100
1. Chaos $70.0M
Round: Series A
Description: Chaos Industries is a technology company that is building the next generation of defense and critical industry technologies. Founded by Bo Marr, Brett Cummings, Gavin Hood, and John Tenet in 2022, Chaos has now raised a total of $70.0M in total equity funding and is backed by 8VC, Alpha Wave Global, Liquid 2 Ventures, Lerner Enterprises, and Tamarack Global.
Investors in the round: Chaos
Industry: Aerospace, Government, Military, National Security, Security
Founders: Bo Marr, Brett Cummings, Gavin Hood, John Tenet
Founding year: 2022
Total equity funding raised: $70.0M
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today.
