Today, I take a look at the state of venture capital and seed funding during the all of October, 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 venture unspecified rounds less than $10M).
October was a stellar month for startup funding in Los Angeles with aggregate funding approaching $500M for the month. The growth was driven across the board, across all stages with a number of notable Series C+ and Series B deals. Nationally, startup funding was down 35% at an aggregate level.