Arey Raised $4.15M, Impact Secured $15M, and More LA Tech News

Catch up on the local tech news you might have missed.

Written by Cassidy Ritter
Published on Nov. 21, 2022
Arey Raised $4.15M, Impact Secured $15M, and More LA Tech News
Arey products on a white background
Photo: Arey

From e-commerce to mobile gaming and networking in the entertainment industry, Tinseltown tech companies were busy making moves last week. Catch up on the headlines you might have missed with the Built In LA Weekly Refresh. 

Impact secured $15M. Working to connect entertainment industry professionals with each other, Impact will use its fresh capital to build out its online networking platform. The company was co-founded in 2020 by Academy Award-winning filmmakers Brian Grazer and Ron Howard. Since launching, Impact has helped more than 60 professionals find staff for movies and shows on Apple TV+, Netflix and Hulu, among others. [Built In LA]

Several LA-area companies landed on Deloitte’s 2022 Technology Fast 500 list. The annual list ranks North America’s fastest-growing tech companies based on their fiscal year percentage growth rate between 2018 and 2021. According to the listing, LA’s fastest-growing tech company was medical device manufacturer Axonics with a growth rate of 25,401 percent. Other area companies on the list include Boulevard, Sunbit and others. [Built In LA]

LA Tech Quote of the Week

“We are thrilled to co-lead Arey Grey’s seed round in bringing a much-needed science-driven system for addressing aging hair to consumers. The hair care category has been ripe for innovation and co-founders Allison and Jay have taken a preventive approach to hair health by creating a solution that both slows the greying process while also re-pigmenting hair color.” — Anu Duggal, a founding partner at Female Founders Fund

Arey raised $4.15M. The e-commerce brand focuses on slowing the aging process of hair with a proactive and science-backed approach. Based in LA, Arey was co-founded by entrepreneur Allison Conrad and Jay Small, a professional celebrity hairstylist. Since its launch in 2021, the startup has recorded 1,100 percent growth and subscriptions for its products have jumped by 975 percent, according to the company. The oversubscribed seed round co-led by Female Founders Fund and Greycoft will expand Arey’s distribution and research and development. [NewsDirect]

Luckmon pulled in a $1.3M pre-seed roundIrvine-based Luckmon develops popular, reward-based mobile games such as Sudoku and solitaire. With 150,000 downloads across 120 countries, users can also compete in tournaments or against friends. The pre-seed round included backing from K2G Tech Fund, Primer Sazze Venture Capital Partners and several angel investors. The fresh capital will be used to expand Luckmon’s gaming product pipeline. [PR Newswire]

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