This month saw five Los Angeles tech companies make some big moves, netting a combined total of $175 million in new funding. The biggest gain belonged to Headspace, with a $93 million funding round. Read on below to find out the details of February’s biggest fundings.
#5. $10 million, February 20
It offers a mortgage servicing platform that helps handle many administrative tasks related to the process. Point72 Ventures led the Series A funding round. This brings its total raised to $15 million in less than two years.
#3 (tied). $22 million, February 13
The AI company specializes in advertising and media solutions. The Series D funding saw participation from its previous investors. It plans to launch two new products in 2020.
#3 (tied). $22 million, February 4
The company helps to coordinate school transportation for kids. Cyrus Capital Partners, State Farm Ventures, Upfront Ventures, FirstMark Capital and Greycroft all participated in the funding. This allows it to expand to new markets.
#2. $28 million, February 11
The company makes convenient, plant-based foods that are available in over 9,000 stores in the United States. AccelFoods led the Series A round. With the funding, it plans to launch new products, expand internationally and more.
#1. $93 million, February 12
The app promotes health and mindfulness with guided meditations, stress-reducing content and more. blisce led the Series C round. It’ll use the infusion of cash to expand internationally and invest in Headspace for Work.
