Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during October 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 and NYC 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. FounderSix $12.0M
Round: Venture
Description: FounderSix partners with influencers to launch their own consumer brands. Founded by Oliver Goulden and Pieter Paul Wittgen in 2020, FounderSix has now raised a total of $12.0M in total equity funding and is backed by KD Capital.
Investors in the round: KD Capital
Industry:
Founders: Oliver Goulden, Pieter Paul Wittgen
Founding year: 2020
Total equity funding raised: $12.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech and NYC 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. Salted $14.0M
Round: Series B
Description: Salted is a platform for developing and scaling better-for-you, QSR brands. Founded by Jeff Appelbaum in 2014, Salted has now raised a total of $14.0M in total equity funding and is backed by B. Riley Financial, Craft Ventures, Sand Hill Angels, Valor Equity Partners, and Interlace Ventures.
Investors in the round: B. Riley Financial, Creadev, Proof Ventures
Industry: Cooking, Food and Beverage, Grocery, Software
Founders: Jeff Appelbaum
Founding year: 2014
Total equity funding raised: $38.9M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech and NYC 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. Castelion $14.2M
Round: Seed
Description: Castelion is a defense tech company that applies modern hardware development and manufacturing processes to national security challenges. Founded by Andrew Kreitz, Bryon Hargis, and Sean Pitt in 2022, Castelion has now raised a total of $14.2M in total equity funding and is backed by Andreessen Horowitz, Jackson Moses, BlueYard Capital, Lavrock Ventures, and Space.VC.
Investors in the round: Andreessen Horowitz, BlueYard Capital, Champion Hill Ventures, First In, Lavrock Ventures
Industry: Aerospace, Government, Manufacturing, Military, National Security
Founders: Andrew Kreitz, Bryon Hargis, Sean Pitt
Founding year: 2022
Total equity funding raised: $19.6M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech and NYC 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. LegalMation $15.0M
Round: Series A
Description: LegalMation provides a suite of artificial intelligence tools to help litigation attorneys and legal professionals practice . Founded by Enoch Liang, James Lee, and Thomas Suh in 2016, LegalMation has now raised a total of $15.0M in total equity funding and is backed by Relativity, Motley Fool Ventures, Brentwood Associates, Aquiline Capital Partners, and Aquiline Technology Growth.
Investors in the round: Aquiline Capital Partners, Aquiline Technology Growth, Brentwood Associates, Key Venture Partners, Motley Fool Ventures, Quick Set LLC, REV
Industry: Artificial Intelligence, Information Technology, Legal, Legal Tech, Software
Founders: Enoch Liang, James Lee, Thomas Suh
Founding year: 2016
Total equity funding raised: $18.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech and NYC 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. Charlie $16.0M
Round: Series A
Description: Charlie provides financial and banking services to retirees. Founded by Kevin Nazemi in 2021, Charlie has now raised a total of $16.0M in total equity funding and is backed by DCVC, Better Tomorrow Ventures, Expa, TTV Capital, and FPV Ventures.
Investors in the round: Better Tomorrow Ventures, FPV Ventures, TTV Capital
Industry: Banking, Finance, Financial Services, FinTech
Founders: Kevin Nazemi
Founding year: 2021
Total equity funding raised: $23.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech and NYC 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. Commons Clinic $19.5M
Round: Series A
Description: Commons Clinic is a multi-specialty clinic offering minimally-invasive surgical and conservative musculoskeletal care. Founded by Nick Aubin and Paulo da Costa in 2021, Commons Clinic has now raised a total of $19.5M in total equity funding and is backed by RA Capital Management, Global Founders Capital, Vast Ventures, SilverCircle, and Oxeon Partners.
Investors in the round: Courtside Ventures, Elliot Cohen, Floating Point, Michael West, RA Capital Management, TIME BioVentures
Industry: Health Care, Hospital, Personal Health
Founders: Nick Aubin, Paulo da Costa
Founding year: 2021
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 and NYC 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. Greater Good Health $20.0M
Round: Series A
Description: Greater Good Health is committed to advancing value-based care and expanding primary care access, by empowering Nurse Practitioners. Founded by Sylvia Hastanan in 2021, Greater Good Health has now raised a total of $20.0M in total equity funding and is backed by LRVHealth, Flare Capital Partners, Optum Ventures, Martin Ventures, and Health Velocity Capital.
Investors in the round: Flare Capital Partners, Health Velocity Capital, LRVHealth, Martin Ventures, Optum Ventures
Industry: Health Care, Hospital, Medical, Wellness
Founders: Sylvia Hastanan
Founding year: 2021
Total equity funding raised: $33.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech and NYC 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. rabbit $20.0M
Round: Seed
Description: Rabbit is a tech company specializing in creating a customized operating system using a natural language interface. Founded by Cheng Lu and Justin Oren in 2021, rabbit has now raised a total of $20.0M in total equity funding and is backed by Khosla Ventures, Kakao Investment, and Synergis Capital.
Investors in the round: Kakao Investment, Khosla Ventures, Synergis Capital
Industry: Artificial Intelligence, Hardware, Operating Systems
Founders: Cheng Lu, Justin Oren
Founding year: 2021
Total equity funding raised: $20.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech and NYC 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. Machina Labs $32.0M
Round: Series B
Description: Machina Labs is a mechanical and industrial engineering and manufacturing company that automates metal forming and fabrication processes. Founded by Babak Raeisinia and Edward Mehr in 2019, Machina Labs has now raised a total of $32.0M in total equity funding and is backed by NVentures, Congruent Ventures, Trajectory Ventures, Innovation Endeavors, and Lockheed Martin Ventures.
Investors in the round: Embark Ventures, Innovation Endeavors, NVentures, Trajectory Ventures
Industry: Artificial Intelligence, Industrial Engineering, Machinery Manufacturing, Mechanical Engineering, Robotics
Founders: Babak Raeisinia, Edward Mehr
Founding year: 2019
Total equity funding raised: $48.3M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech and NYC 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. SuperOrdinary $58.0M
Round: Series B
Description: SuperOrdinary is the distributor of coveted beauty and cosmetics brands. Founded by Julian Reis in 2017, SuperOrdinary has now raised a total of $58.0M in total equity funding and is backed by Demira Gate Investments, Antler, Alliance Consumer Growth, Upper90, and Manzanita Capital.
Investors in the round: Alliance Consumer Growth, Demira Gate Investments, Julian Reis, Manzanita Capital, Puig, Upper90
Industry: Beauty, Cosmetics, Wellness
Founders: Julian Reis
Founding year: 2017
Total equity funding raised: $58.1M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech and NYC 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. Metropolis $1.1B
Round: Series C
Description: Metropolis is an AI and computer vision start-up built to modernize parking and empower the future of mobility. Founded by Alexander Israel, Courtney Fukuda, Peter Fisher, and Travis Kell in 2017, Metropolis has now raised a total of $1.1B in total equity funding and is backed by Temasek Holdings, BDT & MSD Partners, Slow Ventures, Dragoneer Investment Group, and Vista Credit Partners.
Investors in the round: 3L Capital, Assembly Ventures, BDT & MSD Partners, Eldridge, Temasek Holdings, Vista Credit Partners
Industry: Artificial Intelligence, Machine Learning, Real Estate
Founders: Alexander Israel, Courtney Fukuda, Peter Fisher, Travis Kell
Founding year: 2017
Total equity funding raised: $1.3B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech and NYC 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.
