Ever wonder how a global pandemic would affect LA startup funding and venture capital activity? Startup funding is practically down across every stage across the board for LA startups since the lockdown started but Scopely’s large round saved the day and pushed LA funding figures up for the period.
Today, I quickly examine total LA startup funding from March 15th to April 30th year-over-year to quantify the impact that COVID-19 has had one the funding landscape in LA since the lockdown started.
FACTS
Early-stage startup funding in LA is -39% from year-ago levels since the lockdown started on March 15th Tweet This
Series A startup funding in LA is -15% from year-ago levels since the lockdown started on March 15th Tweet This
Series B startup funding in LA is -77% from year-ago levels since the lockdown started on March 15th Tweet This
Late-stage startup funding in LA is +1223% from year-ago levels since the lockdown started on March 15th Tweet This
Total startup funding in LA is +70% from year-ago levels since the lockdown started on March 15th Tweet This
Early-stage startup funding in LA is down $12.2M from year-ago levels since the lockdown started on March 15th Tweet This
Series A startup funding in LA is down $9.8M from year-ago levels since the lockdown started on March 15th Tweet This
Series B startup funding in LA is down $57.2M from year-ago levels since the lockdown started on March 15th Tweet This
Late-stage startup funding in LA is up $210M from year-ago levels since the lockdown started on March 15th Tweet This
Total startup funding in LA is up $131M from year-ago levels since the lockdown started on March 15th Tweet This
You are seconds away from signing up for the hottest list in Los Angeles Tech! Join the millions and keep up with the stories shaping entrepreneurship. Sign up today
