Los Angeles…the Next Silicon Valley? Check Out the LA Funding Received in September.

We’ve heard companies like Bloomberg make a case for Los Angeles becoming the next Silicon Valley. With the funding gathered by the following LA technology companies during September of 2019, could that prediction become true?

LA Funding in September 2019

Company: FocusMotion
Website: www.focusmotion.io
Funding Date
: Sept. , 2019
Funding Amount: $100k
Address: 2640 Lincoln Blvd, Santa Monica, CA 90405
Overview from their Crunchbase profile:
“FOCUS is the parent company of TRAINR, the first fitness software that can auto-quantify your training workouts by utilizing wrist sensors. FOCUS is building the next generation of quantified-self fitness devices to track, evaluate, and guide resistance and sport specific training. FOCUS also provides a virtual trainer environment, permitting users to receive ongoing personal and professional feedback to reach their fitness goals.”

Company: JetSet
Website: www.jetsetcrypto.com
Funding Date
: Sept. 4th, 2019
Funding Type: Seed
Funding Amount: $Unknown
Overview from their Crunchbase profile:
“JetSet is a global marketplace and ecosystem powered by the JETS token. It is an end to end network that supports the traveler in multiple ways, starting from booking flights and accommodations to helping them withdraw fiat currency in their destination country. We will be deploying a physical network of terminals called Hubs and Spokes that supports a traveler during their entire trip. We are more than just a place for travelers to book and buy things pretrip– we support the traveler from the time they book their flight to well after they’ve returned home and are unpacking their bags.”

Company: SRAX
Website: www.srax.com
Funding Date
: Sept. 5th, 2019
Funding Type: Post-IPO Equity
Funding Amount: $5.5M
Address: 456 Seaton St. Los Angeles, CA 90013
Overview from their Crunchbase profile:
“SRAX is an advertising technology company providing the tools to automate digital marketers and content owners’ campaigns across all digital channels. SRAX (NASDAQ:SRAX) is a digital marketing and consumer data management and distribution technology platform company. SRAX’s technology delivers the tools to unlock data to reveal brands and content owners’ core consumers and their characteristics across marketing channels.”

Company: Repurpose
Website: www.repurposecompostables.com
Funding Date
: Sept. 9th, 2019
Funding Type: Venture – Series Unknown
Funding Amount: $Unknown
Address: 525 S. Hewitt St., Los Angeles, CA 90013
Overview from their Crunchbase profile:
Repurpose makes products from plants, not petroleum. Repurpose is focused on developing, sourcing, marketing, and selling innovative high-quality plant-based compostable products in the consumer retail (B2C) market, which currently includes cups and utensils and will expand to trash bags, sandwich bags, and more. Welcome to a cleaner world.

Company: Panoramic
Website: www.panoramichq.com
Funding Date
: Sept. 12th, 2019
Funding Type: Venture – Series Unknown
Funding Amount: $Unknown
Address: 1041 N Formosa Ave, West Building #500, Los Angeles, CA 90046
Overview from their Crunchbase profile:
“Panoramic is an enterprise SaaS company.”

Company: AvantStay
Website: www.avantstay.com
Funding Date
: Sept. 19th, 2019
Funding Type: Series A
Funding Amount: $20M
Address: 750 N San Vicente Blvd, Ste 800, Los Angeles, CA 90069
Overview from their Crunchbase profile:
“AvantStay is a technology-first hospitality brand for group travel. It delivers affordable, world-class, authentic, tech-enabled short-term rental (STR) group experiences targeted at the millennial generation. AvantStay was founded in 2016 and is headquartered in Los Angeles, California.”

Company: Future State Brands
Website: www.futurestatebrands.com
Funding Date
: Sept. 19th, 2019
Funding Type: Private Equity
Funding Amount: $25M
Overview from their Crunchbase profile:
The company’s flagship icon PRØHBTD recently launched an all-new immersive website at www.prohbtd.com which integrates content and eCommerce with the brand expanding beyond its digital footprint into cannabis and street style consumer products in 2020.

Company: Spacejoy
Website: www.spacejoy.com
Funding Date
: Sept. 20th, 2019
Funding Type: Seed
Funding Amount: $1M
Overview from their Crunchbase profile:
“Spacejoy is a Designs crafted by experts to perfectly match your style & budget on our 3D platform.”

Company: PlayVS
Website: www.playvs.com
Funding Date
: Sept. 18th, 2019
Funding Type: Series C
Funding Amount: $50M
Overview from their Crunchbase profile:
“PlayVS is an esports league that gives high school students the chance to compete for a state championship. When a student participates in sports and activities, the competitions are sanctioned through their state’s high school association. The National Federation of State High School Associations writes the rules and governance used by each state. Similar to traditional sports like football, basketball, and soccer- the NFHS is adding esports to their roster of competitions. To do this, they have partnered with PlayVS to operate esports leagues to their network of over 19,500 high schools nationwide.”

Company: NTWRK
Website: www.thentwrk.com
Funding Date
: Sept. 25th, 2019
Funding Type: Series A
Funding Amount: $10M
Overview from their Crunchbase profile:
“NTWRK is a content, commerce, and experience company that features original content, exclusive products, and celebrity hosts. It offers shoppable shows featuring the best names in pop culture through a mobile app. The company is backed by Warner Bros. Digital Networks and LA-based investment fund MSA Enterprises, whose limited partners include Jimmy Iovine, and icons, LeBron James and Arnold Schwarzenegger.”

Company: Circular Systems
Website: www.circular-systems.com
Funding Date
: Sept. 26th, 2019
Funding Type: Corporate Round
Funding Amount: $Unknown
Overview from their Crunchbase profile:
“Circular Systems is a SPC provides Resource Solutions for the Circular Economy.”

Company: Kyoku
Website: www.kyoku.com
Funding Date
: Sept. , 2019
Funding Type: Seed
Funding Amount: $1.1M
Address: 309 E. 8th St, #201, Los Angeles, CA 90014
Overview from their Crunchbase profile:
“Kyoku is on a mission to empower every individual to achieve his or her fitness goals through active nutrition. We believe uniqueness is a fundamental characteristic of the human condition. Your body type, workout activity, and fitness goals are unique to you. Kyoku helps satisfy your active nutrition requirements through the right combination of plant-based superfoods, enabling you to recover faster, save your workout, and perform better the next day. Our streamlined process provides your personalized shake of plant-based superfoods in beautifully designed, single-serve packets that are delivered monthly to your doorstep.”

Company: Dave
Website: www.dave.com
Funding Date
: Sept. 30th, 2019
Funding Type: Series B
Funding Amount: $50M
Overview from their Crunchbase profile:
“Dave is an app that predicts your upcoming expenses and alerts you if your balance is at risk of overdraft. It’s like a weather forecast for your checking account. Dave also lets you prevent overdraft fees by letting you tap into your upcoming paycheck at absolutely NO INTEREST. Just pay us back when you get paid.”

 

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Schedule a call with us today for a customized hiring strategy session catered to your tech startup. We work with tech startups across the US, including Des Moines, Chicago, Minneapolis, Boston, New York City, Austin, Indianapolis, Portland, Seattle, San Francisco, Denver, St. Louis, Kansas City, and more. www.trykarmasearch.com

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