Today, I take a look at the state of Los Angeles venture capital and angel funding for May 2023. Analyzing some publicly available data from our friends at CrunchBase, we break down the aggregate statistics for all funding deals by stage of funding (Seed, Series A, Series B, and Series C+) including mention of notable rounds. This analysis does not include debt financings.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment 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 at 43North.org.
The average early-stage round in LA for May was $2.6M Tweet This
The median early-stage round in LA for May was $2.4M Tweet This
$51.9M was invested across early stages rounds in LA in May Tweet This
5.4% of early-stage funding nationally went to startups in LA in May Tweet This
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment 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 at 43North.org.
The average Series A round in LA for May was $8.0M Tweet This
The median Series A round in LA for May was $7.7M Tweet This
$71.7M was invested across Series A rounds in LA in May Tweet This
4.6% of Series A funding nationally went to startups in LA in May Tweet This
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment 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 at 43North.org.
The average Series B round in LA for May was $15.3M Tweet This
The median Series B round in LA for May was $15.1M Tweet This
$61.2M was invested across Series B rounds in LA in May Tweet This
5.0% of Series B funding nationally went to startups in LA in May Tweet This
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment 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 at 43North.org.
The average late-stage round in LA for May was $50.0M Tweet This
The median late-stage round in LA for May was $50.0M Tweet This
$50.0M was invested across late-stage rounds in LA in May Tweet This
1.3% of late-stage funding nationally went to startups in LA in May Tweet This
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment 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 at 43North.org.
$234.8M was invested in LA #startups in May in LA across 34 deals Tweet This
3.1% of startup funding nationally went to startups in LA in May Tweet This
LA VC funding in May was -41.6% from last month and -39.1% from the same period last year Tweet This
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment 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 at 43North.org.
