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Los Angeles-based DollarShaveClub , the subscription e-commerce startup led by Michael Dubin, has raised $50M in a Series C funding round, the company disclosed this morning. DollarShaveClub has now raised $72.8M The funding came from Technology Crossover Ventures. in total funding. READ MORE>>.
The DollarShaveClub is a new startup that solves a simple but overlooked problem; disposable razor blades are overpriced. DollarShaveClub is a online service that delivers high quality disposable razor blades for a low price. What was your motivation to start the service?
Los Angeles-based DollarShaveClub , the subscription razor delivery startup led by Michael Dubin, has upped its latest funding round to $90.7M, and is aiming at raising over $100M, according to a regulatory filing by the company. Details on the additional funding in the round were not annoucned.
the startup incubator headed by former MySpace CEO Mike Jones, is reportedly raising another $30M in funding to put towards its startups. According to a report this morning, the fund will also invest in non-Science incubated startups. The startup studio is managed by Jones along with former Photobucket exec Peter Pham.
Neighborgoods , a company which is looking to create a "new type a department store", has received $5.75M in a funding, which included both CAA Ventures, the venture arm of the Creative Artists Agency, as well as DollarShaveClub founder Michael Dubin. The startup is led by CEO Matt Alexander. Shore (Retail Connection).
One of the hottest segments in Silicon Valley over the last few months has been restaurant delivery services, which are delivering gourmet and other meals to local startups, companies, and homes all over the Bay Area. The company did not say what coverage area it is offering up in the Los Angeles area. READ MORE>>.
Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.
Santa Monica-based startup studio Science Inc. The startup studio--which both incubates its own companies as well as works with startup founders to help accelerate their efforts--has backed such companies as DollarShaveClub , DogVacay , FameBit , EventUp , August Home , Hello Society , Playhaven , and Superfly Labs.
Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P.
Los Angeles-based Postie , a new startup focused on using machine learning and "quant marketing" to direct mail, said on Tuesday that it has raised $3.5M The startup was started by Dave Fink (CEO and co-founder of Postie) and Jonathan Neddenriep (CTO and co-founder), who both previously were at startup studio and incubator Science Inc.,
There's been a lot of talk about the boom in Southern California's startup world. Driven by success in the sector, accelerators, serial entrepreneurs, and more, there are more startupsstarting and relocating here than ever. In this special report, we've mined our extensive database of venture capital. 500 Startups.
Los Angeles-based CAA Ventures , the venture capital arm of the Creative Artists Agency, has made an investment in a monthly delivery service focused on do-it-yourself (DIY) crafts. The Creative Artists Agency created a new venture capital fund--CAA Ventures I--in 2013, however, has been fairly quiet about the group''s activities.
What's the latest startup to launch of out Santa Monica-based business "studio" Science Inc. , Gumhouse reported its funding via a regulatory filing, but has not yet detailed what the firm is up to otherwise. Gumhouse reported its funding via a regulatory filing, but has not yet detailed what the firm is up to otherwise.
Los Angeles-based Retina, a startup that is using artificial intelligence for predicting customer lifetime value, said on Tuesday tht it has raised $8M in a Series A funding round. The funding came from Alpha Intelligence Capital and Vertical Venture Partners. Retina is led by co-founder and CEO Emad Hasan.
Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. And I constantly have to remind people that the largest tech startup employer in LA is actually SpaceX and that, yes, Elon Musk does live in LA. Don’t we know it. It’s not just Snapchat, although there’s that.
Los Angeles Mayor Eric Garcetti --who may be looking to a Presidential run in 2020--is launching a new nonprofit which looks to take his pro-innovation and pro-startup approach in Los Angeles, and takes it nationwide. Garcetti has started a new nonprofit, Accelerator for America , which will help fund "innovation investments" around the U.S.
The funding came from angels, including Nancy Tellem (Executive Chairman, Eko Studios and former President of CBS Network Television Group), Daniel Murray (CFO DollarShaveClub), Angela Mathes (Entrepreneur & former President, ABC Daytime TV) and Kent Wakeford (COO & Board Member KSV esports). READ MORE>>.
Chicago-based venture capital investor Pritzker Group Venture Capital announced this morning that it is expanding its efforts to invest in early stage companies in Los Angeles, and has moved partner Gabe Greenbaum to Los Angeles. The company also said it will look to invest smaller amount of capital in "unique" opportunities.
Venture capital investment firm Shasta Ventures said Wednesday that it has promoted Sean Flynn --who has been key to that firm''s many investments in Southern California--to Managing Director. Flynn focuses on early-stage investments on mobile-enabled consumer Internet and enterprise software startups. READ MORE>>.
Los Angeles based startup incubator/studio Science --which is behind such local startups as DollarShaveClub and DogVacay--has quietly raised $20M in a debt financing round, according to the companies. Science says it now has more than 150 people on staff working on its startups. READ MORE>>.
How do you take the energy of such successes as DollarShaveClub, Ring, Cornerstone Ondemand, and the many other local successes from the startup energy, and tap into the resources of local universities and research institutions? READ MORE>>
Los Angeles-based startup studio Science Inc. has backed a startup, Plows & Mowz offering up an on-demand marketplace for snow plowing and lawn care. portfolio company DollarShaveClub, and appears to be the first publicly announced investment by Science Inc. since 2015. READ MORE>>.
The funding was led by New Enterprise Associates, and also included startup studio Science Inc, CrossCut Ventures, Coatue Management, Cross Culture Ventures, the San Francisco 49ers, Nas, Michael Dubin of DollarShaveClub, Kevin Lin of Twitch, and other angels.
www.science-inc.com), the startup �studio� led by former MySpace CEO and technology veteran Mike Jones , just saw its third acquisition out of its portfolio this year�the acquisition of FameBit by Google/Youtube. This is your third exit this year, including DollarShaveClub and HelloSociety.
Are you a startup looking to find funding in Southern California? It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. Local exits: DollarShaveClub, Telogis. Most recent investments: EventBoard, Sensay, Shipt, Scopely, ALL DEF DIGITAL.
My job as a VC isn’t to beat myself up or any other partner up for the one deal we didn’t do. If you swing at every pitch you’ll end up with a lot more losers. We knew about it before people up North because it’s our job to know about everything local at the time of creation. That’s a benefit for us as a local VC.
It wasn’t so long ago that venture capital was a suburban California phenomenon. Now, VC offices have sprung up in San Francisco, moving more of the investment energy up there. Los Angeles didn’t have much in terms of a real tech scene — and even San Francisco only had a few VCs or tech companies.
(www.science-inc.com), which has been behind such companies as DollarShaveClub, August Home, DogVacay, Hello Society, Playhaven, and many others. What new technology area, startup, service, or app did you find most interesting or useful this year, and why? We'll be featuring contributions all through the holiday season.
Today is a huge validation for Crosscut and continued faith that LPs that any national VC would covet are placing on the LA market and two great institutions – The James Irvine Foundation and Top Tier Capital – have underscored this by backing Crosscut. LA has grown up a lot over the past 5 years. But that was so 2008.
But, if you think about a business, as it scales, you end up collecting lots of data, and important data on your customers, including from different data sources. Have you started making investments yet? We're pretty sure in the next couple of weeks the community will start to learn about the investments we've made.
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