Just a month after Privlo actually began lending, the real estate loan lending platform has raised $353.8 million, $350 million of which is a debt round. The $3.8 million in equity, which was raised from Spark Capital and QED Investors, will go straight towards hiring at their new Pasadena headquarters.
The entrepreneurial spirit of Los Angeles city knows no geographical bounds. Here are three amazing LA tech companies emblematic of that spirit and just outside of the city proper.
The latest raise follows what has been a year of significant growth for the company. Over the past 12 months, Plant’s production contracts have grown by over 175 percent.
