We are excited to introduce you to our newest Venture Partner, Josh Payne! Josh Payne is an entrepreneur, angel investor, and startup advisor. Most recently, he was the Founder & CEO of StackCommerce (acquired by TPG) where he was a three-time finalist for the EY Entrepreneur of the Year Award…

SafeRide, the leading technology platform connecting patients to life-sustaining care, announced the close of their series B led by Sands Capital. SafeRide has experienced incredible growth across its platform in the past few years- now supporting some of the largest Medicare and Medicaid providers in the country across millions of…

We’re excited to share the most recent update of our LA Seed Report, encompassing all seed funding to LA companies in the first half of 2021. Global venture capital funding has hit an all time high in the first half of 2021, and LA is certainly following the same trend…

FloQast, an accounting workflow automation SaaS provider created by accountants for accountants, announced the close of their $110M Series D, led by Meritech! This funding round values the company at $1.2B, making FloQast LA’s newest unicorn. FloQast told Built In LA that they plan to use their new funds to…

In many ways, 2020 was the year of ecommerce. As COVID took hold of the global economy in March and April of last year, many merchants and service providers saw their physical businesses grind to a halt. The ensuing chaos led to frenzied adoption in online categories. Restaurants scrambled towards…

StackCommerce, a native commerce platform and our 5th investment ever, was acquired by TPG’s Integrated Media Company (IMC). StackCommerce was an early player in digital publishing monetization, spearheading the push towards “native commerce” that allowed media properties to monetize their own content to a much greater degree. …

Tapcart, a SaaS platform enabling eCommerce companies to launch and manage branded mobile apps, was ranked as one of LA’s hottest startups in a recent dot.LA article. The mobile commerce platform saw shopping activity jump 50% over 90 days as the pandemic hit traditional retailers. …

Lantern, a public benefit corporation providing step-by-step guidance for navigating life before and after a death, raised a $1.4M Seed round. With this funding Lantern will focus their attention on team expansion and deeper investment in product development and enterprise partnerships. …

Strike Graph, a cloud GRC platform helping customers pass their cybersecurity audit, raised a $3.9M seed round led by Madrona Venture Group. With this new raise they plan on growing their team and expanding to help more customers manage and automate compliance audits starting w/ SOC2. Compliance is a hot…