With last week’s venture funding raises, these companies are making waves on the LA tech scene. Read on to see what is coming up next. This is the Built In LA weekly refresh.
Modern Animal got $75.5M. Offering membership-based veterinary services, Modern Animal provides access to 24/7 virtual primary and preventative care as well as dentistry, surgery and diagnostics at its clinics across the country. After its Series A round, co-led by True Ventures and Addition, and its Series B led by Founders Fund, Modern Animal is expanding and building out its platform. It’s also hiring for operations and engineering roles. [Built In LA]
GoGuardian raised $200M. With its latest investment from Tiger Global, the El Segundo-based edtech company has surpassed unicorn valuation. GoGuardian’s platform provides online learning tools for K-12 classes. Now, it’s planning to build out its product and business with plans to hire plenty of new team members across data, design, engineering and more. The company hopes to reach 1,000 employees by 2023. [Built In LA]
LA Tech Quote of the Week
Elude raised $2.1M. Newly launched travel destination and booking platform Elude helps users choose their next adventure based on their budget. Its platform offers flight and hotel information in addition to vacation spots a user may not have otherwise known about. With its seed funding round from investors like Mucker Capital, Elude is investing in building out its tech and growing its team across marketing, operations and development. [Built In LA]
Plant Prefab secured $30M. Its tech works to prefabricate customized and sustainable homes. The construction company is integrating its engineering tech with its production process with its latest injection of venture capital co-led by Asahi Kasei Corporation and Paris Ventures. The company is leveraging its building information management systems to further things like factory quality controls and production tracking. [Built In LA]
Ryff pulled in $11.7M. Using AI to modernize the act of product placement, Ryff’s tech can insert realistic, 3D-animated branded objects into a scene of a movie, show or commercial after it’s already been filmed. It’s planning to expand its library with this latest round of funding, as well as launch a new D2C platform called Spheera that’ll help brands build their advertising campaigns. [Built In LA]
Kenshō Health pulled in $3.5M. Kenshō’s holistic care navigation and matching platform helps match patients to provider-recommended medicines based on symptoms, goals and preferences. With its seed capital, the company is adding more features to its telehealth platform as well as hiring for a handful of roles. KB Partners led Kenshō’s latest round of funding. [Built In LA]
