Recurring revenue is the holy grail for businesses, bringing revenue predictability, deepened customer relationships, and high customer lifetime values. Successfully retaining customers leads to lower acquisition costs in the long term and reduced churn. Given the benefits, SaaS solutions have widely moved to subscription offerings and e-commerce businesses are also jumping in on the trend. The global subscription economy for e-commerce is expected to grow to ~$250B by 2025. ReCharge is a subscription management platform built specifically for e-commerce merchants to capitalize on this growth. Bootstrapped since its founding, the company just raised its first institutional round after growing 91% in 2020. The 15,00+ merchants using Recharge’s checkout solution include Hubble, Harry’s Art of Sport, Fiji, and Oatly. LA TechWatch caught up with CEO and Cofounder Oisin O’Connor to more about the experience of initially bootstrapping, the company’s impressive traction, the state of the e-commerce market, and recent round of funding from investors that include Summit Partners, ICONIQ Growth, and Bain Capital Ventures.
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 5/11/2021 featuring funding details for GEM, Graze, and much more.
Aggregate statistics for all US funding deals by stage of funding (Early, Series A, Series B, and Late) including mention of notable rounds for April 2021.
LA Tech news for the week ending 5/8 featuring news for Copper Cow Coffee, EngineEars, and much, much more.
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 5/8/21 featuring funding details for HoneyBook, Genies, Bitski, and twenty-five other rounds that you must know about.
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 5/7/2021 featuring funding details for DressX and much more.
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 5/6/2021 featuring funding details for ReCharge, Arcturus, and much more.
Everything you need to need to know about the largest US startup funding rounds of April 2021; broken down by industry, stage, investors, and more…
Google has always been a staple of any good digital marketing strategy, especially for search engine optimization (SEO), to attract free organic traffic based on the quality of the content on your page. But will it stay this way? George Deeb shares some insight on why SEO may not be viable long-term…
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 5/5/2021 featuring funding details for Copper Cow Coffee, Genies, and much more.