LA companies are equipped with fresh funding after last week’s moves. As they build new solutions in spaces from healthcare to Web3, find out how these companies are investing their capital and fueling future growth. This is the Built In LA Weekly Refresh.
Moving Analytics raised $20M. Working to be there for patients after they receive heart surgery, Moving Analytics’ platform MOVN offers virtual cardiac rehab and remote cardiovascular prevention programs. The company raised Series A funding from Wellington Access Ventures and Seae Ventures that will help expand its provider network, enhance its platform’s capabilities and grow its existing market presence. [Built In LA]
Quadrata pulled in $7.5M. Offering a Web3 solution to improve users’ security on the blockchain, Quadrata designed a passport network for project builders that hosts verifiable ID information. Backed by seed funding from Dragonfly Capital, Quadrata is looking forward to launching its solution on the Ethereum blockchain and growing its app ecosystem. The company is also currently hiring for a handful of roles. [Built In LA]
LA tech quote of the week
Hang got $16M. Helping brands take their membership programs into the Web3 world, Hang helps them transform loyalty and benefits into NFTs that customers can own, trade or resell. The company secured Series A funding led by Paradigm and simultaneously announced the launch of its solution. Hang partners with brands like Budweiser and Pinkberry and is scaling its reach. To do so, it’s actively hiring across its several teams. [Built In LA]
Engage saw 200 percent revenue growth. The company operates a talent booking platform that enables talent and booking agents to communicate directly and negotiate contracts. After raising a pre-seed round and seeing a 200 percent year-over-year revenue increase, Engage is revamping its tech stack and expanding its market channels. The platform is set to launch this year. [Built In LA]
