LA’s Top 5 Tech Funding Rounds Totaled $617M in August

Read on to see how these local companies are investing their fresh capital.

Written by Ashley Bowden
Published on Sep. 01, 2021
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photo: shutterstock

These West Coast companies are fueling huge growth with last month’s largest tech funding rounds. Find out what these companies are doing to advance the way we live, work, learn and even eat as they advance their offerings and grow their businesses.

 

#5. $42 million, August 19

Providing customers with on-site car repair and maintenance services at their home or their workplace, RepairSmith grabbed $42 million in Series B funding round led by TI Capital. The El Segundo-based company currently operates within 650 cities, and the fresh cash will enable it to expand into new markets including the Southeastern and Mid-Atlantic regions of the country.

 

#4. $50 million, August 19

With plans to accelerate its go-to-market strategy and expand customer success, partner relations and product development, Nacelle secured $50 million from Tiger Global in Series B funding. Its GraphQL API helps accelerate backend systems for brands and shopping experiences for their customers as more businesses venture into the headless commerce space.

 

#3. $85 million, August 26

Sageview Capital led the Series B funding round for the consumer insights company. The raise will allow the company to scale its operations and accelerate its product roadmap. DISQO offers brands cloud-based measurement software and research APIs to help them engage their customers. Now, it’s looking to accelerate its product roadmap and create new features for its platform. It’s also hiring across several departments.

 

#2. $200 million, August 6

Edtech unicorn GoGuardian closed on a $200 million funding round led by Tiger Global last month. It offers digital learning tools for K-12 classroom management that serve about 22 million students around the world. As it fuels continued growth, GoGuardian is putting the cash toward product innovation, business development and expanding its 450-person team to 1,000 by the end of 2023.

 

#1. $250 million, August 18

The company has engineered a way to keep produce fresher longer and has raised a total of $635 million in total funding for its work following its Series E led by Temasek. A protective layer made of plant-based materials is applied to fruits and veggies to help slow water loss and oxidation. Currently operating 30 supply networks across eight different countries, Apeel is hoping to add 10 more by the end of the year. It’s also hiring for positions across engineering, IT and more.

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