LA's 15 biggest fundings in the last 5 years

Written by Patrick Hechinger
Published on Jun. 25, 2015
LA's 15 biggest fundings in the last 5 years
The past five years for LA have been nothing short of a technological renaissance. From homegrown startups to industry giants, funding news never stops pouring in. We looked back at the past five years and found the 15 biggest fundings for LA companies — you might have heard of a couple of them. The fundings are from Jan. 1, 2010 through June 24, 2015. The list is based on our records and includes only digital tech companies located in LA county.
 
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15. Beats Music, $60M, March 11, 2014
      Beats Music, $60M, March 6, 2013
 
Investors: Access Industries
 
Bio: Beats Music is a music streaming service centered around curated playlists created by musicians and music writers.
 
News: Beats was acquired by Apple on May 28, 2014. 
 
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15. Swagbucks, $60M, May,13 2014

Investors: Technology Crossover Ventures

Bio: Swagbucks.com allows web and mobile members to earn virtual currency (called Swag Bucks) for doing what they already do online every day- watching videos, searching the web, playing games, participating in market research and shopping online.

News: Swagbucks was most recently in the news when they acquired SodaHead, an online polling widget company.

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15. Snapchat, $60M, June 23, 2013

Investors: Tencent Holdings, SV Angel, Lightspeed Venture Partners, Benchmark, General Catalyst Partners, Institutional Venture Partners.

Bio: Snapchat is the Venice-based picture sharing app that allows users to control how long their friends see their message. They have also recently broken in to the news and media industry with partner content. 

News: The company has begun to cover the 2016 election. With a gigantic—and extremely young—user base, they may a new valued news source in the political media world. 

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13. ZipRecruiter, $63M, August 26th, 2014 

Investors: Industry Ventures, Basepoint Ventures, Institutional Venture Partners

Bio: ZipRecruiter allows small businesses, individual employers and recruiters to easily reach the right candidates and make the best hiring decisions with single click postings to 50+ leading job networks and online interview tools, all while eliminating bulky and expensive software.

News: ZipRecruiter was used to find the top 10 up-and-coming cities for recent college grads. 

 

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12. LegalZoom, $66M, July 24, 2011

Investors: Institutional Venture Partners, Kleiner Perkins Caufield & Byers

Bio: LegalZoom is the leading, nationally recognized provider of personalized, affordable online legal solutions for families and small businesses.

News: LegalZoom was most recently in the news when founder Brian Lee spoke about the companies status at the Be Great Fest in August.

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11. The Honest Company, $70M, August 25, 2014

Investors: Wellington Management Company, Institutional Venture Partners, Iconiq Capital, Lightspeed Venture Partners and General Catalyst Partners

Bio: The Honest Company passionately believes in creating effective and unquestionably safe, eco-friendly, beautiful, convenient, and affordable products for babies and homes.

News: Writer Rebecca Greenfield discussed how The Honest Company found such a sturdy foot-hole in such a competitive market.

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10. ZestFinance, $73M, January 19, 2012

Investors: Victory Park Capital, Lighthouse Capital Partners, GRP Partners, FlyBridge Capital, Partners, Matrix Partners, Lightspeed Venture Partners

Bio: ZestFinance was founded by a team of some of the world’s best data scientists from Google who came together with a mission – use machine learning algorithms to revolutionize how credit decisions are made to provide fair and transparent credit to everyone. 

News: ZestFinance recently revealed the strange way they welcome their new employees on their first day. 

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9. SurfAir, $73M, August 12, 2014

Investors: White Oak Global Advisors

Bio: SurfAir offers an all-you-can-fly private plane service flying members between four California cities in 9-passenger executive aircraft.

News: SurfAir recently partnered with TEDWomen2015 to kick off new routes to Monterey. 

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8. Dollar Shave Club, $75M, June 21, 2015

Investors: Technology Crossover Ventures, Dragoneer Investment Group, Forerunner Ventures, TCV Capital, Venrock

Bio: Dollar Shave Club is a monthly membership service that delivers fresh, stainless steel razor blades and other personal grooming products to customers by mail.

News: DSC recently announced this series D round and explained what they plan to do with the funds.

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7. JustFab, $76M, July 19, 2012

Investors: Technology Crossover Ventures, Matrix Partners, Intelligent Beauty, Shining Capital, Technology Crossover Ventures. 

Bio: JustFab is the leading fashion-subscription ecommerce site and lifestyle fashion brand that offers members an engaging and personalized shopping experience.

News: Built In LA sat down with CEO Adam Goldberg to talk about the companies booming success. 

6. JustFab, $85M, August 28, 2014

Investors: KEC Ventures, Technology Crossover Ventures, Matrix Partners, SHining Capital, Passport Capital

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5. NantHealth, $135M, May 15, 2014

Investors: Sovereign Wealth Funds, Kuwait Investment Authority

Bio: NantHealth is a transformational healthcare company converging science and technology through an integrated clinical platform that’s empowering physicians, patients, payers, and researchers to transcend the traditional barriers of today’s healthcare system.

News: NantHealth closed their series B in October to speed up connected healthcare innovation. 

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4. TrueCar, $200M, September 7, 2011

Investors: Allen & Co. LLC, Capricorn, Investment Group, DealerTrack, GR Match, GRP Partners, GSV Asset Management LLC, Guthy-Renker, International Investment House, Keating Capital Inc., McCombs Family Partners, Passport Capital, Silicon Valley Bank, USAA Federal Savings Bank

Bio: TrueCar’s mission is to transform the car-buying experience for consumers and the way that dealers attract customers and sell cars.

News: TrueCar was most recently in the news when they went public in May of last year

3) NantHealth, $320M, October 7, 2014

Investors: Kuwait Investment Authority

2) Snapchat, $485.6M, December, 31, 2014

Investors: August Capital, Yahoo!, GIC, Kleiner Perkins Caufield & Byers

1) Snapchat, $537.6M, May 29, 2015

Investors: Alibaba, Fidelity, York Capital, and Glade Brook Capital.

 

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