Over the course of 2017 we tracked 172 investments totaling $1.55 billion
Today, we take a look at the state of Los Angeles venture capital and angel funding during 2017 for startups. Analyzing some publicly available data from our friends at CrunchBase, we break down the aggregate statistics for all funding deals by stage of funding (Angel/Seed, Series A, Series B, and Series C+) as well as look at some historical trends in funding compared to previous years.
2017 was a robust year for startup funding in Los Angeles with total funding up over 45% with funding up across all stages. Aggregate venture funding in 2017 in LA topped $1.5B across 172 deals largely dominated by late stage deals which accounted for close to 60% of total funding raised. Series B funding was particularly strong in 2017, topping $575M, up 95% from 2016 at an aggregate level and even surpassing the total amount of Series C+ funding.