Big announcements came out of the LA tech scene this past week and some are bound to make you happy. Catch up on the latest. This is the Built In LA weekly refresh.
Happy Money gained $50M. Newly minted tech unicorn Happy Money offers personal loans to help customers pay off credit card debt and provides financial services and tools for “human happiness.” Happy Money closed a Series D-1 that will allow the company to expand its product suite, partnerships and internal team. Happy Money currently has 32 positions available. [Built In LA]
Coco expands. Coco is a human-operated robot delivery service that started rolling out its robots in LA in 2020. Now, Coco is aiming to expand into new locations fueled largely by its recent Series A raise. Coco is expanding into Austin but is planning to go into Dallas, Houston and Miami in the future. The LA startup is currently hiring for several tech positions. [Built In LA]
LOS ANGELES TECH QUOTE OF THE WEEK
ComplYant raised $5.5M. ComplYant rose out of the Techstars’ Los Angeles accelerator program and sells software to help small businesses manage their finances. The startup raised $5.5 million in a seed funding round led by Craft Ventures. According to Business Insider, ComplYant founder Shiloh Johnson is “one of the few Black women startup founders” who has raised over $1 million. [dot.LA]
BeatBread raised $34M. LA-based beatBread is a funding platform helping musicians launch their careers and gain control over their music. The company launched in late 2020 and has already helped over 300 artists. The company raised $34 million that will go toward expanding its platform. [Built In LA]
Endgame gained $30M. LA-based Endgame offers software to support product-led sales. The company raised $30 million in a Series B round led by EQT Ventures, bringing total funding raised to $47.5 million to date. Endgame plans on expanding its go-to-market functions as well as hiring additional staff members. [VentureBeat]
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