Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds for 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, 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. BuildOps $50.0M
Round: Venture
Description: Industry leading all-in-one software solution for subcontractors driving profitability through best-in-class technology
Investors in the round: Sequoia Capital, Global Founders Capital, Founders Fund, StepStone Group, Crosscut 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, 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. Zeitview $55.0M
Round: Series E
Description: Zeitview is an aerial data analytics platform that provides aerial drone services.
Investors in the round: Energy Transition Ventures, Euclidean Capital, Hearst Ventures, Union Square Ventures, Upfront Ventures, Valor Equity Partners
Industry: Construction, Drones, Mapping Services, Real Estate
Founders: Daniel Burton, Eli Tamanaha
Founding year: 2014
Total equity funding raised: $114.0M
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, 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. 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.
Investors in the round: 1Up Ventures, Andreessen Horowitz, BITKRAFT Ventures, Cleveland Avenue, Lightspeed Venture Partners, Riot Games, The Tornante 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 TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (LA Tech, NYC Tech, London 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. SuperOrdinary $58.0M
Round: Series B
Description: SuperOrdinary is the distributor of coveted beauty and cosmetics brands.
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, NYC Tech, London 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. Chaos $70.0M
Round: Series A
Description: The future of defense and critical industry technology.
Investors in the round: 8VC, Alpha Wave Global, Lerner Enterprises, Liquid 2 Ventures, Tamarack Global, Valar Ventures
Industry: Aerospace, Government, Military, National Security
Founders: Bo Marr, Brett Cummings, Gavin Hood, John Tenet
Founding year: 2022
Total equity funding raised: $70.0M
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, 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. Arc Boats $70.0M
Round: Series B
Description: Arc Boats is an electric boat manufacturer offering a seamlessly connected boating experience.
Investors in the round: Abstract Ventures, Andreessen Horowitz, Eclipse Ventures, Lowercarbon Capital, Menlo Ventures
Industry: Boating, Industrial, Manufacturing
Founders: Mitchell Lee
Founding year: 2021
Total equity funding raised: $100.0M
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, 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. Skims $270.0M
Round: Series C
Description: SKIMS is a solutions oriented brand creating the next generation of inclusive underwear, loungewear and shapewear.
Investors in the round: D1 Capital Partners, Greenoaks, Imaginary Ventures, Wellington Management
Industry: Fashion, Lingerie, Retail
Founders: Emma Grede, Jens Grede, Kim Kardashian
Founding year: 2019
Total equity funding raised: $701.0M
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, 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.
Investors in the round: 3L Capital, Assembly Ventures, BDT & MSD Partners, Eldridge, Temasek Holdings, Vista Credit Partners
Industry: Artificial Intelligence (AI), 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, NYC Tech, London 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.
