After several months of soft startup funding, venture capital activity came back strong in Los Angeles in March with a large number of startups able to garner funds.
Today, I take a look at the state of Los Angeles venture capital and angel funding for March 2021. Analyzing some publicly available data from our friends at CrunchBase, we break down the aggregate statistics for all funding deals by stage of funding (Seed, Series A, Series B, and Series C+) including mention of notable rounds. This analysis does not include debt financings.
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The average early-stage round in LA for March was $2.0M Tweet This
The median early-stage round in LA for March was $2.0M Tweet This
$29.7M was invested across early stages rounds in LA in March Tweet This
6.1% of early-stage funding nationally went to startups in LA in March Tweet This
The average Series A round in LA for March was $12.0M Tweet This
The median Series A round in LA for March was $7.5M Tweet This
$107.9M was invested across Series A rounds in LA in March Tweet This
4.2% of Series A funding nationally went to startups in LA in March Tweet This
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The average Series B round in LA for March was $72.0M Tweet This
The median Series B round in LA for March was $31.0M Tweet This
$216.0M was invested across Series B rounds in LA in March Tweet This
10.5% of Series B funding nationally went to startups in LA in March Tweet This
The average late-stage round in LA for March was $127.5M Tweet This
The median late-stage round in LA for March was $127.5M Tweet This
$255.0M was invested across late-stage rounds in LA in March Tweet This
1.7% of late-stage funding nationally went to startups in LA in March Tweet This
$608.6M was invested in LA #startups in March in LA across 29 deals Tweet This
3.00% of startup funding nationally went to startups in LA in March Tweet This
LA VC funding in March was +79.7% from last month and +128% from the same period last year Tweet This