With so much going on in the thriving LA tech and startup ecosystem, it is easy to miss some of the news in the space. We keep you abreast of the things that you may have missed in LA Tech news for the week ending 10/28 featuring news for Not Impossible, LegalMation, and much, much more.
LegalMation – $15M
LegalMation, a legal AI platform focused on litigation and dispute resolution, has raised $15M in Series A funding from investors that include REV, Motley Fool Ventures, Aquiline Technology Growth, Key Venture Partners, Brentwood Associates, and Quick Set LLC. Founded by Enoch Liang, James Lee, and Thomas Suh in 2016, LegalMation has now raised a total of $18.5M in reported equity funding.
FounderSix – $12M
FounderSix, a beauty brand incubation platform, has raised $12M in Venture funding led by KD Capital. FounderSix was founded by Oli Goulden and Pieter Wittgen in 2020.
Not Impossible – $7.2M
Not Impossible, an innovation platform focused on solving societal problems through storytelling and technology, has raised $7.2M in funding according to a recent SEC filing. The filing indicates that there were sixteen investors in this round. Founded by Mick Ebeling in 2013, Not Impossible has now raised a total of $8.5M in reported equity funding.
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xtype – $5M
xtype, an agile software delivery solution for the ServiceNow platform, has raised $5M in additional funding from investors that include Columbia Capital, Inner Loop Capital, SaaS Ventures. Founded by Ron Gidron, Tobias Stanzel, and Peter Szulman in 2020, xtype has now raised a total of $10.8M in reported equity funding.
LighthouseAI – $4.6M
LighthouseAI, a pharmaceutical supply chain compliance platform, has raised $4.6M in Seed funding from investors that include BluePointe Ventures, Bertelsmann, Healthy Ventures, The LegalTech Fund, and Eileses Capital. Founded by Sumeet Singh in 2023, LighthouseAI has now raised a total of $6.9M in reported equity funding.
Morty – $2.2M
Morty, a discovery platform for escape rooms and other immersive experiences, has raised $2.2M in Seed funding from investors that include General Catalyst, Unpopular Ventures, ANIMO Ventures, Wonder Ventures, Wedbush Ventures, and Protagonist. Founded by Andy Bauch and Karlis Lapsins in 2021, Morty has now raised a total of $3.3M in reported equity funding. LA Techwatch first flagged the SEC filing for this round back in April.
