Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds for Q2 2022. 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.
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. FinditParts $30.0M
Round: Series A
Description: FinditParts is an online marketplace of heavy duty, medium duty, and light duty truck parts. Founded by David Seewack in 2010, FinditParts has now raised a total of $30.0M in total equity funding and is backed by Crestline.
Investors in the round: Crestline
Month of funding: May
Industry: Automotive, E-Commerce, Marketplace
Founders: David Seewack
Founding year: 2010
Total equity funding raised: $30.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. Vanilla $30.0M
Round: Series B
Description: Vanilla is an estate planning platform that allows advisors to unlock new value for clients and prospects alike, no expertise required. Founded by Steve Lockshin in 2019, Vanilla has now raised a total of $41.6M in total equity funding and is backed by Insight Partners, Venrock, Michael Jordan, Curtis Polk, and Jason Wenk.
Investors in the round: Insight Partners, Venrock
Month of funding: April
Industry:
Founders: Steve Lockshin
Founding year: 2019
Total equity funding raised: $41.6M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. Welcome Tech $30.0M
Round: Venture
Description: Welcome Tech is a digital platform that builds data-driven services for immigrant communities. Founded by Amir Hemmat and Raul Lomeli in 2010, Welcome Tech has now raised a total of $73.0M in total equity funding and is backed by SB Opportunity Fund, TTV Capital, Owl Ventures, Crosscut Ventures, and Next Play Capital.
Investors in the round: Mubadala Capital Ventures, Next Play Capital, Owl Ventures, SB Opportunity Fund, TTV Capital
Month of funding: April
Industry: Banking, Communities, Health Care, Market Research
Founders: Amir Hemmat, Raul Lomeli
Founding year: 2010
Total equity funding raised: $73.0M
LA TechWatch’s exclusive coverage of this round: Welcome Tech Raises Another $30M for its Digital Banking and Services Platform for Immigrants
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. VPLS $30.0M
Round: Venture
Description: VPLS is a provider for cloud-to-edge computing and technology services. Founded by Ted Mektrakarn and Tim Mektrakarn in 2019, VPLS has now raised a total of $62.5M in total equity funding and is backed by Crestline.
Investors in the round: Crestline
Month of funding: April
Industry: Information Technology, Web Hosting
Founders: John Minnix, Ted Mektrakarn, Tim Mektrakarn
Founding year: 2019
Total equity funding raised: $62.5M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. Rael $35.0M
Round: Series B
Description: Rael makes natural and organic period products that don’t sacrifice comfort or performance. Founded by Aness An, Binna Won, and Yanghee Paik in 2017, Rael has now raised a total of $55.3M in total equity funding and is backed by Thrive Market, Strong Ventures, Softbank Ventures Asia, Mirae Asset Venture Investment, and Unilever Ventures.
Investors in the round: Aarden Partners, Colopl Next, Mirae Asset Venture Investment, Signite Partners, ST Capital, Unilever Ventures
Month of funding: May
Industry: Beauty, Health Care, Wellness
Founders: Aness An, Binna Won, Yanghee Paik
Founding year: 2017
Total equity funding raised: $55.3M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. AXiomatic $35.0M
Round: Venture
Description: AXiomatic powers unforgettable eSports experiences through sports and entertainment expertise. Founded by Bruce Karsh, Bruce Stein, Peter Guber, and Ted Leonsis in 2015, AXiomatic has now raised a total of $82.5M in total equity funding and is backed by Ares Management, LionTree, Revolution Growth, Disney Accelerator, and Hiro Capital.
Investors in the round: Ares Management, Hiro Capital, Revolution Growth
Month of funding: May
Industry: eSports, Gaming, Sports, Video
Founders: Bruce Karsh, Bruce Stein, Peter Guber, Ted Leonsis
Founding year: 2015
Total equity funding raised: $82.5M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. Enervee $35.0M
Round: Series B
Description: Enervee is a platform-oriented company that drives energy efficiency and consumer engagement through a suite of innovative SaaS products. Founded by Don Epperson in 2010, Enervee has now raised a total of $40.4M in total equity funding and is backed by JP Morgan, Obvious Ventures, SaaS Capital, Kerogen Capital, and Don Epperson.
Investors in the round: JP Morgan, Kerogen Capital
Month of funding: April
Industry: Analytics, Clean Energy, E-Commerce, Energy Efficiency, SaaS
Founders: Don Epperson
Founding year: 2010
Total equity funding raised: $40.4M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. Jadu $36.0M
Round: Series A
Description: Jadu is a mobile app that allows fans to perform alongside holograms of their favorite musicians and performers. Founded by Asad J Malik in 2019, Jadu has now raised a total of $43.0M in total equity funding and is backed by General Catalyst, Coinbase Ventures, The Venture Reality Fund/VRF, LionTree, and LG Technology Ventures.
Investors in the round: Bain Capital Crypto, Cozomo De’Medici, LG Technology Ventures, Permit Ventures, The Venture Reality Fund/VRF
Month of funding: May
Industry: Apps, Augmented Reality, Mobile Apps
Founders: Asad J Malik
Founding year: 2019
Total equity funding raised: $43.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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 $43.0M
Round: Series A
Description: BuildOps enables subcontractors to run their entire business on one software solution that manages their invoicing & billing, scheduling, estimates, proposals, payments, workflows, custom forms, financial reporting, and more. Our industry leading cloud-based solution allows you to improve your operations and efficiency, driving profitability through best-in-class technology. BuildOps has been uniquely designed and built by a team of subcontractors & world-class engineers. www.buildops.com Founded by Alok Chanani, Neeraj Mittal, and Steve Chew in 2018, BuildOps has now raised a total of $48.8M in total equity funding and is backed by Sequoia Capital, Liquid 2 Ventures, Founders Fund, Global Founders Capital, and StepStone Group.
Investors in the round: 1984 Ventures, Fika Ventures, Founders Fund, Global Founders Capital, Liquid 2 Ventures, MetaProp, Metta World Peace, Next47, Stephen Stokols, StepStone Group
Month of funding: May
Industry: Commercial Real Estate, Information Technology, Mobile, SaaS, Software
Founders: Alok Chanani, Neeraj Mittal, Steve Chew
Founding year: 2018
Total equity funding raised: $48.8M
LA TechWatch’s exclusive coverage of this round: BuildOps Raises $43M for its Comprehensive Operating System for Commercial Contractors
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. Religion of Sports $50.0M
Round: Series B
Description: Religion of Sports is a sports media company that provides videos, podcasts, feature films, and social content about sports. Founded by Gotham Chopra, Michael Strahan, and Tom Brady in 2017, Religion of Sports has now raised a total of $63.0M in total equity funding and is backed by Courtside Ventures, Advancit Capital, Shamrock Capital Advisors, Elysian Park Ventures, and LionTree.
Investors in the round: Advancit Capital, Cerro Capital, Eldridge, Elysian Park Ventures, Shamrock Capital Advisors
Month of funding: June
Industry: Broadcasting, Content, Media and Entertainment, Sports
Founders: Gotham Chopra, Michael Strahan, Tom Brady
Founding year: 2017
Total equity funding raised: $63.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. Zora $50.0M
Round: Seed
Description: Zora operates as a crypto-driven marketplace. Founded by Dai Hovey, Dee Goens, Ethan Daya, Jacob Horne, Slava Kim, and Tyson Battistella in 2020, Zora has now raised a total of $52.0M in total equity funding and is backed by Paradigm, Coinbase Ventures, Haun Ventures, Village Global, and Kindred Ventures.
Investors in the round: Coinbase Ventures, Haun Ventures, Kindred Ventures
Month of funding: May
Industry: Blockchain, Cryptocurrency, FinTech, Information Technology, Marketplace
Founders: Dai Hovey, Dee Goens, Ethan Daya, Jacob Horne, Slava Kim, Tyson Battistella
Founding year: 2020
Total equity funding raised: $60.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. LinearB $50.0M
Round: Series B
Description: LinearB is an analytics platform for software development organizations that improves productivity based on objective data driven insights. Founded by Dan Lines and Ori Keren in 2018, LinearB has now raised a total of $70.6M in total equity funding and is backed by Tribe Capital, Salesforce Ventures, Battery Ventures, 83North, and TechAviv Founder Partners.
Investors in the round: 83North, Battery Ventures, Salesforce Ventures, Tribe Capital
Month of funding: May
Industry: Analytics, Information Technology, Machine Learning, Software
Founders: Dan Lines, Ori Keren
Founding year: 2018
Total equity funding raised: $70.6M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. Octant Bio $80.0M
Round: Series B
Description: Octant Bio is a developer of synthetic technology used to improve health and treat disease. Founded by Ramsey Homsany and Sri Kosuri in 2017, Octant Bio has now raised a total of $115.0M in total equity funding and is backed by Bristol Myers Squibb, Andreessen Horowitz, Lux Capital, 8VC, and Flucas Ventures.
Investors in the round: Allen & Company, Andreessen Horowitz, Bristol Myers Squibb, Catalio Capital Management, Fifty Years, Flucas Ventures, What If Ventures
Month of funding: April
Industry: Biotechnology, Life Science
Founders: Ramsey Homsany, Sri Kosuri
Founding year: 2017
Total equity funding raised: $115.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. Johnnie-O $108.0M
Round: Venture
Description: Johnnie-O offers a collection of SoCal lifestyle essentials for men and boys. Founded by John O’Donnell in 2005, Johnnie-O has now raised a total of $129.0M in total equity funding and is backed by Ares Management, Wasatch Global Investors, and Circadian Group.
Investors in the round: Ares Management, Wasatch Global Investors
Month of funding: April
Industry: Fashion, Retail, Shopping
Founders: John O’Donnell
Founding year: 2005
Total equity funding raised: $129.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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. Genies $150.0M
Round: Series C
Description: Genies is an avatar technology company that builds avatars for people and communities. Founded by Akash Nigam, Evan Rosenbaum, Jake Adams, and Matt Geiger in 2017, Genies has now raised a total of $267.0M in total equity funding and is backed by Silver Lake, Dapper Labs, Gaingels, Lerer Hippeau, and Polychain.
Investors in the round: Bond, New Enterprise Associates, Silver Lake, Tamarack Global
Month of funding: April
Industry: Apps, Internet, Media and Entertainment, Mobile Apps, Virtual Reality
Founders: Akash Nigam, Evan Rosenbaum, Jake Adams, Matt Geiger
Founding year: 2017
Total equity funding raised: $267.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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 $167.0M
Round: Series B
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 $228.0M in total equity funding and is backed by Moving Capital, Slow Ventures, UP Partners, Silver Lake Waterman, and 01 Advisors.
Investors in the round: 3L Capital, Assembly Ventures, Dan Doctoroff, Dragoneer Investment Group, Eldridge, Moving Capital, Silver Lake Waterman, UP Partners
Month of funding: June
Industry: Artificial Intelligence, Autonomous Vehicles, Computer Vision, Internet, Machine Learning, Real Estate, Software
Founders: Alexander Israel, Courtney Fukuda, Peter Fisher, Travis Kell
Founding year: 2017
Total equity funding raised: $228.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by 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.
