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The June 2017 LA Venture Capital and Early Stage Funding Report

 
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Today, I take a look at the state of venture capital and angel funding during the all of June, both in Los Angeles and nationally. Analyzing some publicly available data from our friends at CrunchBase, we break down the national aggregate statistics for all funding deals by stage of funding (Angel/Seed, Series A, Series B, and Series C+, as well as non-specified venture rounds <$10M).

 

CLICK HERE TO SEE THE FULL REPORT

 

One Minute Takeaway:

Overall it was a stellar month for startups in Los Angeles with aggregate funding exceeding $340M, which is one of the highest monthly totals that we have observed.  What makes this particularly interesting is that this $341M is composed across all stages of the startup lifecycle with multiple deals in the early stage to the latter stages.  No one deal dominated the funding either. If funding continues like this in the fall and beyond, it will signify Los Angeles entering a new era in its startup ecosystem lifecycle.  When we first started recording the monthly totals back in 2015, there were months we would struggle to find rounds at each different stages (Seed, A, B, etc.) with a few financing here and there.  In June, there were 21 total financings.

Nationally funding was up from May levels and in excess of $6B.  Series B activity nationally was particularly strong from previous levels.

 

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About the author: Reza Chowdhury

Recognized as a global thought leader in the startup ecosystem, Reza Chowdhury offers more than 15 years experience in emerging technology, which he brings to AlleyWatch as CEO and Founder. Through the course of his career, Reza has had the privilege of working to drive businesses from conception to eventual exit by deploying the acumen gained in his previous roles. His latest professional endeavors have allowed him to work very closely with thriving global technology and startup ecosystem.

Reza is also the founder of New York Startup Lab, which brings technology and knowledge based solutions to the entrepreneurial community with a specific focus on early stage companies. He began his career as securities trader on Wall Street.

Reza is often a featured international speaker, moderator, and judge at numerous events on technology and global entrepreneurship and was a featured presenter at the first Facebook Developer Garage in NYC. Both Reza and the companies he has been involved with have received accolades and recognition from prominent organizations including the fbFund. Reza was has been recognized as one of the 100 most influential people in NYC Tech by TechWeek on several occasions and is a NYC Venture Fellow, a world-class, year-long fellowship program designed to help high-potential entrepreneurs scale their ventures.

Reza is also an advisor to SD Asia and Dublin Globe, two organizations that are fostering the growth of local entrepreneurial ecosystems as well as an Mentor to the Grameenphone Accelerator.

Reza holds an MBA in Finance and Entrepreneurship from Georgetown University and completed his bachelors in Economics at the University at Albany. Reza has also completed certification programs in Private Equity and Venture Capital at Oxford University as well as International Business at New York University.

If you are interested in having Reza Chowdhury speak or moderate at one of your events, please send an email with the details of your event. If you contact us at this email for any reason other than what’s stated above, your correspondence will invariably be deleted.

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