This Week in ‘Raises’: Altruist Lands $112M, Mantis Venture Capital Grabs $11.7M
Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.
A local digital investment platform raised new funding to further develop and expand its service offerings to empower a broader segment of the RIA market, including mid-sized firms that manage between $100 million and $1 billion in total assets.
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Venture Capital
Altruist, a Culver City-based digital investment platform raised a $112 million Series D funding round led by Insight Partners.
Per an SEC filing, Cooler Heads, a San Diego-based developer of a cold caps system designed to help cancer patients in maintaining their identity, raised $8 million in funding.
Foresee Medical, a San Diego-based healthcare data management platform raised $3.9 million in funding, per an SEC filing.
RE Grocery, a Los Angeles-based operator of a package-free grocery store raised $2.1 million in funding, per an SEC filing.
San Diego-based biotechnology company OncoSec raised $2 million in a registered direct offering.
Funds
Mantis Venture Capital, a Marina Del Rey venture capital firm raised $11.7 million for fund III, per an SEC filing.
Raises is dot.LA’s weekly feature highlighting venture capital funding news across Southern California’s tech and startup ecosystem. Please send fundraising news to Decerry Donato (decerrydonato@dot.la).
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Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.
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