A handful of LA tech companies brought in new funding last week. Others brought in new executive team members. Read on to find out more. This is the Built In LA weekly refresh.
Albert secured $100M. Its fintech platform helps users manage their finances by tracking their spending habits, bill payments and income. As it works to help people along their financial wellness journey, the company just closed on a Series C funding round led by General Atlantic. The money will fund product research and development as well as new hires in Albert’s engineering, finance and marketing departments. [Built In LA]
AppOnboard raised $20M. The company offers users game development tools like sound and graphics templates to help people build 2D and 3D games without code. It announced the close of its Series B funding round led by Raine Ventures. The new funding will help AppOnboard expand its engineering, marketing and product teams. [Built In LA]
LA Tech Quote of the Week
Sidecar Health got $125M. With the fresh funding, the El Segundo-based unicorn is accelerating its mission to “make healthcare more affordable and accessible for all Americans.” It provides members with a debit card that allows them to purchase healthcare services when they get them, instead of paying for traditional insurance. The Series C round was led by Drive Capital. [Built In LA]
RepairSmith adds experts to its executive team. The company provides services to deliver convenient auto repair everywhere. It announced the promotion of Alison Burnham, Ph.D., to chief data and analytics officer, and the hiring of Tom Peterson as SVP of fleet as well as Dave Pributsky as SVP of partnerships. The move will foster more growth for the company as it continues to pursue its mission. [PR Newswire]
Finesse pulled in $4.5M. Having just gathered seed funding from investors including Alex Roetter, Ali Diab and Hoxton Ventures, this startup is aiming to build software that will predict and streamline the production and manufacturing of current fashion trends. The company is aiming to effectively redefine “fast fashion” as it narrows down just which fashion items to produce. [Crunchbase News]
Dave hires Jarad Fisher as its first-ever CCO. As chief commercial officer, Fisher will take on the responsibilities leading product expansion, creating new partnerships and the growth of the Dave Banking platform. The company also announced the close of its June of 2019 credit facility from Victory Park Capital. [Built In LA]
