These companies are making headway toward their goals with fresh funding rounds and more. Read on for the latest LA tech news. This is the Built In LA weekly refresh.
Mate Fertility got $2.8M. On a mission to address the inaccessibility of affordable fertility services across the United States, this LA-based startup closed on a funding round that will enable it to open fertility clinics across the country. It plans to launch 1,000 clinics over the next decade, starting with its first location in Oklahoma City next month. We spoke with the Mate Fertility cofounders to learn how their startup came to be. [Built In LA]
Savage X Fenty pulled in $115M. The clothing line by none other than celebrity singer Rihanna is undergoing a brand shift toward lingerie rather than high fashion clothing items. The El Segundo based company is also looking to grow its cosmetics lines. The new funding will help Savage X Fenty further its message of body empowerment and doubling down on its e-commerce strategy. [Built In LA]
LA Tech Quote of the Week
SoLo Funds secured $10M. With its small-dollar loan marketplace, this startup is working to help peers help each other out in times of financial need. SoLo was created to help individuals get the loans they need without predatory tactics like high interest rates or delinquency policies. The Series A round was led by ACME Capital and will allow the company to expand and hire new team members across engineering, data teams, product and marketing. [Built In LA]
Quilt raised $3.5M. This startup’s audio-based social networking platform allows users to open a conversation space for topics centered on personal wellness. During a period wherein audio social platforms are growing in popularity, Quilt pulled in its seed funding round led by Mayfield fund in order to further its platform. [TechCrunch]
WELL Health offers vaccine scheduling. On its digital healthcare app, the Santa Barbara-based company is providing its users with self-scheduling options for COVID-19 vaccinations. So far, it has helped its providers book more than one million vaccine appointments. The company raised a $45 million Series C round last November as it experiences rapid growth. [socaltech]
