Weekly Refresh: Gimbal Acquires True[x], Coverance Raises $10.5M, and More

Read our weekly refresh for trending LA tech news.

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Published on Oct. 05, 2020
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Leonardo247 raised $9.5M. The Redondo Beach company offers a property management platform for real estate professionals and people who help operate multi-family buildings. Level Equity led the funding round. [Built In LA]

Liquid Death gained $23M. The startup sells heavy metal-themed canned water. Convivialité Ventures, Velvet Sea Ventures and more invested in the Series B. [Built In LA]

Coverance raised $10.5M. The Long Beach-based insurance agency helps seniors navigate the Medicare insurance market. CUNA Mutual Group led the financing. [FinTecBuzz]

Gimbal to acquire Disney’s True[x]. The advertising and marketing technology company is set to buy True[x], which Disney acquired as part of its acquisition of 21st Century Fox. [MediaPost]

Children’s Hospital LA launched KidsX. The 13-week pediatric digital health accelerator program will connect more than 30 hospitals. Hospitals will present problems to startups and work with digital health companies to find solutions. [Business Insider]

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