Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during April 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.
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. Rock The Bells $15.0M
Round: Series B
Description: Rock The Bells is an online store for hip-hop culture merchandise. Founded by Geoff Yang and James Todd Smith in 2018, Rock The Bells has now raised a total of $23.0M in total equity funding and is backed by XO Capital, AME Cloud Ventures, M13, Redpoint, and American Express Ventures.
Investors in the round: AME Cloud Ventures, American Express Ventures, ASK Capital, Capstar Ventures, Irving Azoff, North Island, Raine Ventures, VIACOM PARAMOUNT on contract at CBS PARAMOUNT+, Wildcat Capital Management, XO Capital
Industry: E-Commerce, Fashion, Sales
Founders: Geoff Yang, James Todd Smith
Founding year: 2018
Total equity funding raised: $23.0M
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. Bobsled, Inc. $17.0M
Round: Series A
Description: Bobsled is the fastest way to share data to any cloud or platform. Founded by Andrew Jefferson, Jake Graham, and Joshua Neckes in 2021, Bobsled, Inc. has now raised a total of $24.0M in total equity funding and is backed by Madrona, .406 Ventures, and Greycroft.
Investors in the round: Greycroft, Madrona
Industry: Big Data, Cloud Data Services, SaaS
Founders: Andrew Jefferson, Jake Graham, Joshua Neckes
Founding year: 2021
Total equity funding raised: $24.0M
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. Community $25.0M
Round: Venture
Description: Community is an app that solves communication and engagement problems. Founded by Josh Rosenheck, Matthew Peltier, and Max Levine in 2014, Community has now raised a total of $65.1M in total equity funding and is backed by Techstars, Live Nation Entertainment, Twilio, HubSpot, and Right Side Capital Management.
Investors in the round: Backstage Capital, GroveStreet, HubSpot, Morgan Stanley Next Level Fund, Pier 70 Ventures, Salesforce Ventures, Verizon Ventures, WOCstar Fund
Industry: Communities, Social Media, Telecommunications
Founders: Josh Rosenheck, Matthew Peltier, Max Levine
Founding year: 2014
Total equity funding raised: $65.1M
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. Radiant $40.0M
Round: Series B
Description: Radiant develops a portable and zero-emissions power source that works anywhere. Founded by Doug Bernauer in 2019, Radiant has now raised a total of $53.8M in total equity funding and is backed by Andreessen Horowitz, Tribe Capital, Acequia Capital (AceCap), Draper Associates, and Union Square Ventures.
Investors in the round: Andreessen Horowitz, Boost VC, Cantos, Decisive Point, Draper Associates, Founders Fund, McKinley Capital Management
Industry: Clean Energy, Energy, Energy Efficiency, Renewable Energy
Founders: Doug Bernauer
Founding year: 2019
Total equity funding raised: $53.8M
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.
1. Altruist $112.0M
Round: Series C
Description: Altruist is a digital investment platform that offers commission-free trading and financial advice to individuals. Founded by Jason Wenk in 2018, Altruist has now raised a total of $280.5M in total equity funding and is backed by Insight Partners, Vanguard, Venrock, Adams Street Partners, and Declaration Partners.
Investors in the round: Adams Street Partners, Insight Partners, Marty Bicknell, Rex Salisbury, Ron Carson, William McNabb
Industry: Asset Management, Financial Services, FinTech
Founders: Jason Wenk
Founding year: 2018
Total equity funding raised: $280.5M
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.
