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Pasadena-based Calibrate Ventures , a brand new venturecapital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venturecapital fund, Calibrate Ventures, L.P.
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. READ MORE>>.
According to a report this morning, the fund will also invest in non-Science incubated startups. Science has been one of the more active acceleration/incubation efforts in the region, and has been behind such companies as DogVacay, DollarShaveClub, Eventup, MeUndies, Uncovet, and Wittlebee. Science, Inc. , READ MORE>>.
In this special report, we've mined our extensive database of venturecapital. and angel investment deals in Southern California to reveal who really, is funding companies, so that local startups are armed with the best knowledge and intelligence to optimize their changes of. Siemer Ventures. Baroda Ventures.
Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA.
Los Angeles-based CAA Ventures , the venturecapital arm of the Creative Artists Agency, has made an investment in a monthly delivery service focused on do-it-yourself (DIY) crafts. in a funding round, which came from Maveron, Forerunner Ventures, and CAA Ventures. READ MORE>>.
Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” My job as a VC isn’t to beat myself up or any other partner up for the one deal we didn’t do.
Brian Lee, CEO and Founder of The Honest Company, which has raised $222 million in VC funding. Mike Jones, Founder of Science, which has invested in some of LAs top startups, like DollarShaveClub. Adam Goldenberg, CEO and Founder of JustFab, an online subscription fashion thats raised $249 million in financing.
Venturecapitalinvestment 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.
Pasadena-based Calibrate Ventures , a venturecapital firm that says it invests in advanced technologies, has added two Venture Partners to the company. According to the firm, it has added Aime Leifer and Dan Murray to its team. and Overture. READ MORE>>.
Chicago-based venturecapital investor Pritzker Group VentureCapital 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. Greenbaum had been based at Pritzker's home office in Chicago.
Michael has been behind such companies as HelloSociety (acquired by New York Times), FameBit (acquired by Google) and DollarShaveClub (acquired by Unilever). Since we started Science six years ago, we've co-founded and invested in more than 70 companies and have exited multiple portfolio companies.
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 said it has now invested in, built, or acquire more than 37 early stage companies. READ MORE>>.
But one tech news story stood out for me — the fact that LA-based DollarShaveClub (DSC) was sold to Unilever for $1 billion. Because I work so closely with video companies I’ve been very vocal with startups I’ve backed about the need to invest in high-quality video to help support a brand.
The investment is the first one announced since the successful acquisition of Science Inc. portfolio company DollarShaveClub, and appears to be the first publicly announced investment by Science Inc. According to Plowz & Mowz, it has raised $1.5M since 2015. READ MORE>>.
Size of the investment was not disclosed. Science has extensive experience in the subscription area, with other, subscription-based businesses like DollarShaveClub, and influencer businesses like HelloSociety. Quarterly is led by Zach Frechette. READ MORE>>.
It's often tough to figure exactly who the venturecapital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our real time analysis of venture funding flows. Most recent investments: GOAT, cloudvirga, Vemba, LootCrate, Invoca. Crosscut Ventures 6 deals.
It wasn’t so long ago that venturecapital was a suburban California phenomenon. 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. Now, VC offices have sprung up in San Francisco, moving more of the investment energy up there.
Crosscut Ventures has just announced their 3rd fund and clocking in at $75 million , which will be focused heavily on Los Angeles – FTW. This week Michael Dubin’s startup DollarShaveClub announced a $75 million funding round at a rumored $650 million valuation. LA has grown up a lot over the past 5 years.
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