Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during Q2 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.
10. Lifeforce $12.0M
Round: Series A
Description: Lifeforce operates as a clinically intergrated health optimization platform. Founded by Dugal Bain-Kim and Joel Jackson in 2021, Lifeforce has now raised a total of $12.0M in total equity funding and is backed by Scottie Upshall, M13, Peterson Ventures, Tony Robbins, and Rosecliff Ventures.
Investors in the round: M13, Peter Diamandis, Peterson Ventures, Ridgeline Ventures, Rosecliff Ventures, Scottie Upshall, Seaside Ventures, Serena Williams, Tony Robbins
Industry: Fitness, Health Care, Wellness
Founders: Dugal Bain-Kim, Joel Jackson
Founding year: 2021
Total equity funding raised: $12.0M
LA TechWatch’s exclusive coverage of this round: Lifeforce Raises $12M to Help People Live Better and Longer Through a Holistic Approach
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.
9. 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.
9. Steno $15.0M
Round: Series B
Description: Steno offers court reporting and litigation support services which is all available through a deferred-payment system. Founded by Dan Anderson, Dylan Ruga, and Greg Hong in 2018, Steno has now raised a total of $40.5M in total equity funding and is backed by Le Lane Capital, Alumni Ventures, Bossanova Investimentos, Moving Capital, and First Round Capital.
Investors in the round: Clio Ventures, Le Lane Capital, Left Lane Capital, Moving Capital, Touchdown Ventures
Industry: Document Management, Legal, Legal Tech, Payments
Founders: Dan Anderson, Dylan Ruga, Greg Hong
Founding year: 2018
Total equity funding raised: $40.5M
LA TechWatch’s exclusive coverage of this round: Steno Raises $15M for its Cash Flow Solution for Law Firms Involved in Litigation
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.
8. Counterpart $16.0M
Round: Venture
Description: Counterpart is an insurtech startup company that works in the management liability insurance market. Founded by Tanner Hackett in 2019, Counterpart has now raised a total of $56.0M in total equity funding and is backed by Valor Equity Partners, Susa Ventures, Felicis, and Vy Capital.
Industry: Artificial Intelligence, Big Data, FinTech, InsurTech, Software
Founders: Tanner Hackett
Founding year: 2019
Total equity funding raised: $56.0M
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.
8. Apex $16.0M
Round: Series A
Description: Apex manufactures smallsat buses for commercial and government customers. Founded by Ian Cinnamon in 2022, Apex has now raised a total of $26.0M in total equity funding and is backed by Andreessen Horowitz, Village Global, Lux Capital, XYZ Venture Capital, and J2 Ventures.
Investors in the round: Andreessen Horowitz, Shield Capital
Industry: Aerospace, Commercial, Manufacturing
Founders: Ian Cinnamon
Founding year: 2022
Total equity funding raised: $26.0M
LA TechWatch’s exclusive coverage of this round: Apex Raises Another $16M to Manufacture Satellite Buses in a Fraction of the Time to Unleash a New Wave of Space Missions
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. 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.
7. Keeta $17.0M
Round: Seed
Description: Keeta is a global payments platform that safely transfers money. Founded by Ty Schenk in 2022, Keeta has now raised a total of $17.0M in total equity funding and is backed by Steel Perlot and Eric Schmidt.
Investors in the round: Eric Schmidt, Steel Perlot
Industry: Finance, Financial Services, Payments
Founders: Ty Schenk
Founding year: 2022
Total equity funding raised: $17.0M
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. Airvet $18.2M
Round: Series B
Description: Airvet is a telehealth platform designed to offer continuity of care between pet parents and veterinarians. Founded by Brandon Werber in 2018, Airvet has now raised a total of $29.2M in total equity funding and is backed by Bracket Capital, Headline, Verissimo Ventures, Hawke Ventures, and Starting Line.
Industry: Health Care, Mobile Apps, Pet, Veterinary, Wellness
Founders: Brandon Werber
Founding year: 2018
Total equity funding raised: $32.2M
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. 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.
5. Everytable $25.0M
Round: Series C
Description: Everytable is a grab-and-go restaurant chain with a variable price based on each zip code’s median income. Founded by David Foster and Samuel Polk in 2016, Everytable has now raised a total of $107.3M in total equity funding and is backed by Kroger, Lerer Hippeau, S2G Ventures, Chipotle Mexican Grill, and Acumen.
Investors in the round: Creadev, Dohmen Impact Investment Fund, Gullspang Re:food, Kaiser Permanente Ventures
Industry: Food and Beverage, Food Delivery, Restaurants
Founders: David Foster, Samuel Polk
Founding year: 2016
Total equity funding raised: $107.3M
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. Pixxel $36.0M
Round: Series B
Description: Pixxel is a space data company that develops a constellation of hyperspectral earth imaging satellites. Founded by Awais Ahmed and Kshitij Khandelwal in 2019, Pixxel has now raised a total of $69.0M in total equity funding and is backed by Techstars, Google, Creative Destruction Lab (CDL), Blume Ventures, and Lightspeed Venture Partners.
Investors in the round: Athera Venture Partners, Blume Ventures, Google, growX ventures, Lightspeed Venture Partners, Radical Ventures, Sparta Group
Industry: Aerospace, Geospatial, Information Technology, Satellite Communication
Founders: Awais Ahmed, Kshitij Khandelwal
Founding year: 2019
Total equity funding raised: $69.0M
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. 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.
2. BuildOps $50.0M
Round: Venture
Description: BuildOps is an all-in-one software solution for subcontractors driving profitability through best-in-class technology. Founded by Alok Chanani, Neeraj Mittal, and Steve Chew in 2018, BuildOps has now raised a total of $98.8M in total equity funding and is backed by Sequoia Capital, Founders Fund, Global Founders Capital, 1984 Ventures, and StepStone Group.
Investors in the round: 01 Advisors, Fika Ventures
Industry: Commercial Real Estate, Information Technology, Mobile, SaaS, Software
Founders: Alok Chanani, Neeraj Mittal, Steve Chew
Founding year: 2018
Total equity funding raised: $98.8M
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 D
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.
