With so much going on in the thriving LA tech and startup ecosystem, it is easy to miss some of the news in the space. We keep you abreast of the things that you may have missed in LA Tech news for the week ending 5/27 featuring news for Alltius, FIXE, and much, much more.
Gardens – $12.25M
Gardens, a multiplayer-focused gaming studio, has raised $12.25M in funding according to a recent SEC filing. The filing indicates that the total offering is for $31.4M and there were two investors in this close. Founded by Chris Bell, Lexie Dostal, and Stephen Bell in 2021, Gardens has now raised a total of $17.25M in reported equity funding.
HostGPO – $6M
HostGPO, a group purchasing organization for vacation rental hosts, has raised $6M in venture funding led by Navitas Capital and OMNIA Partners. HostGPO was founded by Jeff Iloulian in 2019.
Alltius – $2.4M
Alltius, a generative AI conversational platform that features no code integration, has raised $2.4M in Pre-Seed funding led by Stellaris Venture Partners, 100x Entrepreneur, and Blume Ventures. Alltius was founded by Siddhant Mishra and Vibhanshu Abhishek in 2022.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
FIXE – $1.7M
FIXE, a bookkeeping platform for restaurants, has raised $1.7M in funding according to a recent SEC filing. The filing indicates that this round comes from forty-eight investors. FIXE was founded by Ryan Handel in 2019.
Telgorithm – $937.5K
Telgorithm, an application-to-person (A2P) text messaging platform, has raised $937.5K in funding according to a recent SEC filing. The filing indicates that the total offering is for $2M and there were three investors in this close. Telgorithm was founded by Aaron Alter, Mason Zheng, and Yury Semerikov in 2021.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
