Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during June 2021. I have included some additional information as well such as industry and brief funding description, to further the analysis for the state of venture capital in LA. For the purposes of this analysis, only equity funding rounds were considered.
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7. Dispo $20.0M
Round: Series A
Description: Dispo is the digital disposable camera social network. Founded by Daniel Liss, David Dobrik, and Natalie Mariduena in 2020, Dispo has now raised a total of $24.0M in total equity funding and is backed by investors that include Seven Seven Six, Kevin Durant, Shrug Capital, Unshackled Ventures, and Weekend Fund.
Investors in the round: Annie Leibovitz, Cara Delevingne, Kevin Durant, Raven B. Varona, Sofia Vergara
Industry: Internet, Mobile, Photo Sharing, Photography, Social Network
Founders: Daniel Liss, David Dobrik, Natalie Mariduena
Founding year: 2020
Total equity funding raised: $24.0M
Startups and small businesses are collectively wasting $130B each year due to poor visibility into vendor spend. Glean unlocks the powerful information detailed in vendor invoices to surface non-intuitive spend insights so finance teams are empowered to create a culture of spend accountability within their organizations.
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6. Phase Four $26.0M
Round: Series B
Description: Phase Four is a provider of electric propulsion (EP) for small satellites. Founded by J. P. Sheehan and Simon Halpern in 2015, Phase Four has now raised a total of $29.6M in total equity funding and is backed by investors that include Alumni Ventures Group, Lightspeed Venture Partners, Alsop Louie Partners, Starburst Ventures, and New Science Ventures.
Investors in the round: New Science Ventures
Industry: Aerospace, Innovation Management, Space Travel
Founders: J. P. Sheehan, Simon Halpern
Founding year: 2015
Total equity funding raised: $29.6M
Startups and small businesses are collectively wasting $130B each year due to poor visibility into vendor spend. Glean unlocks the powerful information detailed in vendor invoices to surface non-intuitive spend insights so finance teams are empowered to create a culture of spend accountability within their organizations.
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5. RED 6 $30.0M
Round: Series A
Description: RED 6 is the creator of ATARS. Founded by Nick Bicanic in 2018, RED 6 has now raised a total of $39.4M in total equity funding and is backed by investors that include Moonshots Capital, Lockheed Martin Ventures, Snowpoint Ventures, IronGate Capital Advisors, and Octave Ventures.
Investors in the round: IronGate Capital Advisors, Snowpoint Ventures
Industry: Augmented Reality
Founders: Nick Bicanic
Founding year: 2018
Total equity funding raised: $39.4M
Startups and small businesses are collectively wasting $130B each year due to poor visibility into vendor spend. Glean unlocks the powerful information detailed in vendor invoices to surface non-intuitive spend insights so finance teams are empowered to create a culture of spend accountability within their organizations.
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4. Songtradr $50.0M
Round: Series D
Description: Songradr is an online marketplace that facilitates music licensing for films, TV shows, ads, apps, and other media. Founded by Paul Wiltshire in 2014, Songtradr has now raised a total of $101.2M in total equity funding and is backed by investors that include Regal Funds Management, Perennial Value Management, Aware Super, Richard White, and Argo Investments Limited.
Investors in the round: Argo Investments Limited, Aware Super, Greencape Capital, Perennial Value Management, Regal Funds Management, Richard White
Industry: Digital Entertainment, Digital Media, Marketplace, Music, Music Streaming
Founders: Paul Wiltshire
Founding year: 2014
Total equity funding raised: $101.2M
Startups and small businesses are collectively wasting $130B each year due to poor visibility into vendor spend. Glean unlocks the powerful information detailed in vendor invoices to surface non-intuitive spend insights so finance teams are empowered to create a culture of spend accountability within their organizations.
REQUEST A 60-DAY FREE TRIAL TODAY
4. Tapcart $50.0M
Round: Series B
Description: Tapcart is a SaaS platform that enables e-commerce merchants to launch and manage mobile apps for their brands. Founded by Eric Netsch and Sina Mobasser in 2017, Tapcart has now raised a total of $64.9M in total equity funding and is backed by investors that include Shopify, SignalFire, Greycroft, Left Lane Capital, and Amplify.LA.
Investors in the round: Act One Ventures, Amplify.LA, Greycroft, Left Lane Capital, Shopify, SignalFire
Industry: Brand Marketing, E-Commerce, Marketing Automation, SaaS
Founders: Eric Netsch, Sina Mobasser
Founding year: 2017
Total equity funding raised: $64.9M
Startups and small businesses are collectively wasting $130B each year due to poor visibility into vendor spend. Glean unlocks the powerful information detailed in vendor invoices to surface non-intuitive spend insights so finance teams are empowered to create a culture of spend accountability within their organizations.
REQUEST A 60-DAY FREE TRIAL TODAY
3. Mythical Games $75.0M
Round: Series B
Description: Mythical Games is a video game engine for player-owned economies. Founded by Cameron Thacker, Chris Downs, Jamie Jackson, John Linden, and Rudy Koch in 2018, Mythical Games has now raised a total of $110.0M in total equity funding and is backed by investors that include Alumni Ventures Group, Okcoin, Fenbushi Capital, Hashed, and Galaxy Interactive.
Investors in the round: 01 Advisors, Alumni Ventures Group, Galaxy Interactive, Javelin Venture Partners, Struck Capital, Vayner/RSE, WestCap
Industry: Blockchain, Gaming, Video Games
Founders: Cameron Thacker, Chris Downs, Jamie Jackson, John Linden, Rudy Koch
Founding year: 2018
Total equity funding raised: $110.0M
Startups and small businesses are collectively wasting $130B each year due to poor visibility into vendor spend. Glean unlocks the powerful information detailed in vendor invoices to surface non-intuitive spend insights so finance teams are empowered to create a culture of spend accountability within their organizations.
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2. Goat Group $195.0M
Round: Series F
Description: Goat Group is a marketplace for authentic sneakers, apparel, and accessories. Founded by Daishin Sugano and Eddy Lu in 2015, Goat Group has now raised a total of $492.6M in total equity funding and is backed by investors that include Index Ventures, First Round Capital, New Enterprise Associates, Andreessen Horowitz, and SV Angel.
Investors in the round: Adage Capital Management, Franklin Templeton Investments, Park West Asset Management, T. Rowe Price, Ulysses Management
Industry: Consumer Goods, E-Commerce, Fashion, Marketplace, Shoes
Founders: Daishin Sugano, Eddy Lu
Founding year: 2015
Total equity funding raised: $492.6M
Startups and small businesses are collectively wasting $130B each year due to poor visibility into vendor spend. Glean unlocks the powerful information detailed in vendor invoices to surface non-intuitive spend insights so finance teams are empowered to create a culture of spend accountability within their organizations.
REQUEST A 60-DAY FREE TRIAL TODAY
1. Relativity Space $650.0M
Round: Series E
Description: Relativity Space is an aerospace company that designs, develops, and builds 3D printed rockets. Founded by Jordan Noone and Tim Ellis in 2015, Relativity Space has now raised a total of $1.3B in total equity funding and is backed by investors that include General Catalyst, BlackRock, Lux Capital, Fidelity Management and Research Company, and Tiger Global Management.
Investors in the round: Baillie Gifford, BlackRock, Brad Buss, Centricus, Coatue, Fidelity Management and Research Company, Jared Leto, K5 Global, Mark Cuban, Soroban Capital, Spencer Rascoff, Tiger Global Management, Tribe Capital, XN
Industry: 3D Technology, Aerospace, Artificial Intelligence, Manufacturing, Supply Chain Management
Founders: Jordan Noone, Tim Ellis
Founding year: 2015
Total equity funding raised: $1.3B
Startups and small businesses are collectively wasting $130B each year due to poor visibility into vendor spend. Glean unlocks the powerful information detailed in vendor invoices to surface non-intuitive spend insights so finance teams are empowered to create a culture of spend accountability within their organizations.