4 new deals last week totaling $30M in funding. LA Tech news for the week ending 9/17 featuring news for Morpheus Space, Spin Launch, and much, much more.
Alumni Ventures
Remento Raises $3M for its App That Preserves Family Legacies
Generations of families for hundreds of years have relied on stories to pass on family legacies with some using family trees and documents that are also passed down from generation to generation. However, with the advent of technology and the internet, and the ubiquity of video options, there can now be a modern approach to passing on family legacies to impart wisdom, values, and history. Remento is a platform that’s focused on preserving a family’s stories by providing a simple-to-use interface that allows family members to host video conversations with other family members. Users are given a series of prompts to get conversations started to record key details of a family’s legacy in a fun and interactive format. The storyboard prompts cover a range of topics that are designed by professional storytellers, neuroscientists, and memory researchers to combine science with art to truly deliver authentic, meaningful dialogues. All conversations are securely saved in the app and can easily be distributed and shared with family members to create a living, breathing, and most importantly, enduring record of a family’s rich history. The app is free to use with plans to add premium functionality as platform usage grows. LA TechWatch caught up with Remento CEO and Cofounder Charlie Greene to learn more about the business, the company’s strategic plans, recent round of funding, and much, much more…
The LA TechWatch Startup Daily Funding Report: 9/13/2022
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 9/13/2022 featuring funding details for HopSkipDrive, ACELYRIN, and much more
The Weekly Notable Startup Funding Report: 9/12/22
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 9/10/22 featuring funding details for InsideTracker, ClearMotion, QA Wolf, and fifteen other rounds representing $764M in new funding that you need to know about.
The 10 Largest LA Tech Startup Funding Rounds of August 2022
Everything you need to need to know about the largest Los Angeles startup funding rounds of August 2022; broken down by industry, stage, investors, and more including details on the must-attend, leading thought leadership conference in SoCal in November.
Finli Raises $6M for its Payment Management Platform for Small Businesses
Managing cash flow is extremely critical for any business but especially so for service-oriented small businesses. Ensuring that invoices are paid in a timely manner is essential to preserving healthy cash flow. Often, invoices go unpaid because of a poorly-designed process on the part of the vendor for reasons like waiting to send an invoice, lack of automation, poor tracking once an invoice is sent, and poor follow-up on unpaid invoices. Finly is a payment management platform that allows small businesses to invoice and collect digital payments by leveraging automation. Vendors using the platform can invoice clients with a few clicks using their mobile devices and customers can pay immediately by text or email, making the solution ideal for solopreneurs like wellness providers, fitness coaches, musical lesson providers, and others. There are recurring options for subscriptions and memberships, and payors can use flexible payment options including split payments across multiple payment types, and all payment and transaction details are centrally stored. Finly offers a freemium model with multiple tiers that are based on the dollar amount of payments collected each month. There’s no fee taken on ACH collections and credit card payments are subject to the customary 3% fee which can be passed onto the payor. LA TechWatch caught up with Finli Founder and CEO Lori Shao to learn more about the business, the company’s strategic plans, latest round of funding, which brings the total funding raised to $8.6M, and much, much more…
The 7 Largest LA Tech Startup Funding Rounds of June 2022
Everything you need to need to know about the largest Los Angeles startup funding rounds of June 2022; broken down by industry, stage, investors, and more…
The 13 Largest US Tech Startup Funding Rounds of April 2022
Everything you need to need to know about the largest US startup funding rounds of April 2022; broken down by industry, stage, investors, and more…
The 7 Largest LA Tech Startup Funding Rounds of April 2022
Everything you need to need to know about the largest Los Angeles startup funding rounds of April 2022; broken down by industry, stage, investors, and more…
LA Tech Week in Review: 2/27/22-3/5/22
7 deals; $58M+ in new funding for LA startups. LA Tech news for the week ending 3/5 featuring news for Crate, Counterpart, and much, much more.
The Weekly Notable Startup Funding Report: 3/7/22
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 3/5/22 featuring funding details for Certa, OpenSpace, Balbix, and twenty-three other rounds that you need to know about.