The West Coast tech scene stayed busy last week. New solutions launched, innovators raised capital and a local company made an acquisition. Read on for more in the Built In LA Weekly Refresh.
Charlie launched its banking platform. Serving adults at or above the age of 62, Charlie works to help users prepare to spend their savings in retirement. The platform offers customers timely access to their Social Security checks, 3 percent earnings on deposits and requires no monthly fees or minimums. Charlie has launched nationwide and has raised $7.5 million in funding to date. [Business Wire]
Sensydia pulled in $8M. Operating a cardiac performance system platform, Sensydia works to modernize heart failure therapy with its non-invasive solution. The company announced a new round of funding from lead investor Orlando Health Ventures to prepare for its platform’s commercialization. [Business Wire]
LA Tech Quote of the Week
“We understand that building trust is a collaborative effort, and we’re proud to partner with our customers to create a safer and more secure business environment. By working together, we can combat fraud and other risks to help the digital world become a more trustworthy place for everyone.” —Kristi Melani, Telesign CMO
Telesign launched a new initiative. Working to help enterprises prevent fraud and keep their communications secure, Telesign announced the Continuous Trust Authority, an initiative geared toward helping brands build trust with customers and safely conduct business online without fear of data or digital theft. [Built In LA]
StartEngine acquired SeedInvest. Equity crowdfunding platform StartEngine announced its acquisition of SeedInvest, another firm operating in the same space. The deal will fully integrate SeedInvest’s intellectual property into StartEngine and grant StartEngine control of SeedInvest’s lists of users, investors and founders seeking to raise funds. The combined company boasts a user base of 1.7 million people. [PR Newswire]
