Armed with some data from our friends at CrunchBase, I broke down the largest LA startup funding rounds during March 2026. I have included some additional information as well such as industry and brief funding description, to further the analysis of the state of venture capital in LA. For the purposes of this analysis, only equity funding rounds were considered.
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5. BNTO $22.4M
Round: Venture
Description: BNTO provides an AI-powered platform that manages clothing subscriptions across purchasing, rentals, and resale. Founded by Andrea Pasinetti and Sixuan Li in 2022, BNTO has now raised a total of $46.6M in total equity funding and is backed by Basis Set Ventures, New Enterprise Associates, Notable Capital, AI Fund, and EXOR N.V..
Investors in the round: 0
Industry: Artificial Intelligence (AI), E-Commerce, Fashion, Retail Technology, Supply Chain Management
Founders: Andrea Pasinetti, Sixuan Li
Founding year: 2022
Total equity funding raised: $46.6M

4. Smack Technologies $32.0M
Round: Series A
Description: Smack Technologies develops decision-support and operational software for defense and government organizations. Founded by Andy Markoff, Clint Alanis, and Dan Gould in 2024, Smack Technologies has now raised a total of $32M in total equity funding and is backed by Felicis, Geodesic Capital, Washington Harbour Partners, Scribble Ventures, and Bloomberg Beta.
Investors in the round: Anomaly Fund, Bloomberg Beta, Costanoa Ventures, Felicis, First In, Fortitude Ventures, Fulcrum Venture Group, Geodesic Capital, Palumni VC, Point72 Ventures, Scribble Ventures, Washington Harbour Partners
Industry: Artificial Intelligence (AI), Web Development
Founders: Andy Markoff, Clint Alanis, Dan Gould
Founding year: 2024
Total equity funding raised: $32.0M

3. Sift $42.0M
Round: Series B
Description: Sift develops infrastructure and tools for building, deploying, and operating AI and machine learning models. Founded by Austin Spiegel and Karthik Gollapudi in 2021, Sift has now raised a total of $67M in total equity funding and is backed by Riot Ventures, StepStone Group, CIV, Google Ventures, and Fika Ventures.
Investors in the round: CIV, Fika Ventures, Google Ventures, Riot Ventures, StepStone Group
Industry: Machine Learning, SaaS, Software
Founders: Austin Spiegel, Karthik Gollapudi
Founding year: 2021
Total equity funding raised: $67.0M

2. Steno $49.0M
Round: Series C
Description: Steno provides litigation support services, including court reporting, remote depositions, and transcript management for legal teams. Founded by Dan Anderson, Dylan Ruga, and Greg Hong in 2018, Steno has now raised a total of $165.5M in total equity funding and is backed by Alumni Ventures, Left Lane Capital, First Round Capital, Human Ventures, and Trinity Capital.
Investors in the round: First Round Capital, Savano Capital Partners, The LegalTech Fund
Industry: Document Management, Legal, Legal Tech, Payments
Founders: Dan Anderson, Dylan Ruga, Greg Hong
Founding year: 2018
Total equity funding raised: $165.5M

1. Vast $300.0M
Round: Series A
Description: Vast develops space stations and orbital infrastructure to support long-term human habitation in space. Founded by Jed McCaleb in 2021, Vast has now raised a total of $450M in total equity funding and is backed by Space Capital, Stellar Ventures, Qatar Investment Authority, Nikon, and Outliers Fund.
Investors in the round: Balerion Space Ventures, Earthrise Ventures, IQT, Jed McCaleb, Mitsui & Co., MUFG Union Bank, Nikon, Qatar Investment Authority, Space Capital, Stellar Ventures, Victor Koch & Partners
Industry: Hardware, Manufacturing, Space Travel
Founders: Jed McCaleb
Founding year: 2021
Total equity funding raised: $450.0M
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