Dispo is Back Without Co-Founder David Dobrik, Closing a Series A

Francesca Billington

Francesca Billington is a freelance reporter. Prior to that, she was a general assignment reporter for dot.LA and has also reported for KCRW, the Santa Monica Daily Press and local publications in New Jersey. She graduated from Princeton in 2019 with a degree in anthropology.

Dispo is Back Without Co-Founder David Dobrik, Closing a Series A

The Los Angeles-based disposable camera app Dispo, whose co-founder stepped down after one of his crew members was accused of sexual assault, confirmed it closed a Series A.

The boost for an undisclosed amount is a comeback for the startup marred by the scandal. Alexis Ohanian's Seven Seven Six, Unshackled Ventures, Endeavor, 35 Ventures and F9 Strategies led the round.


Absent from the round is Spark Capital, which said in March that it would "sever all ties" with the startup following an investigation from Business Insider about a woman who said she was sexually assaulted by a former content creator in Dobrik's vlog crew.

Dobrik also cut ties with the company in March and issued a YouTube apology for his behavior.

After the report, Seven Seven Six tweeted that it would "donate any profits from our investment in Dispo to an organization working with survivors of sexual assault," but added that it would continue to support the company. The firm did not immediately respond for comment.

Among the company's new backers are celebrities Kevin Durant, Andre Iguodala, Cara Delevigne and Sofia Vergara — plus photographers Annie Leibovitz and Raven B. Varona, who "will hold us to a higher standard of photographic excellence," Dispo's CEO David Liss said in a blog post announcing the raise.

The app works like a plastic disposable camera, releasing a user's photos 24 hours after taking them. An updated version, which launched in February, introduced social functions like "Rolls" for users to scroll through each other's pictures.

Like the founders of new L.A. photo app Poparazzi, Dispo's team is pushing for a social media experience that feels less orchestrated and curated. In Tuesday's blog post, Liss pointed to big tech's reach on "body dysmorphia and mental health."

"Imagine a world where Dispo is the social network of choice for every teen and college student in the world," he wrote. "How different a world would that be?"

"Our resolves are strengthened. With our product, team, and community we have a chance to build differently, creating a company on our terms and our values. Hope springs eternal, and Dispo is ready."

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Regard Raises $15M for AI-Powered Software That Help Doctors Diagnose Patients

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern 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.

Regard Raises $15M for AI-Powered Software That Help Doctors Diagnose Patients
Courtesy of Regard

Culver City-based health care startup Regard, which uses AI-driven software to help physicians accurately diagnose patients, has raised $15.3 million in Series A funding.

Pasadena-based Calibrate Ventures and Colorado-based Foundry Group led the investment in Regard, formerly known as HealthTensor. Other investors that participated in the round include TenOneTen Ventures, Susa Ventures, Brook Byers of Byers Capital and Dropbox CEO Drew Houston. The new funding will be used to grow Regard’s team and customer base, the company said in a press release.

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This Week in 'Raises': Regard Secures $15M, MaC Venture Capital Raises $203M for Second Fund

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern 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.

This Week in 'Raises': Regard Secures $15M, MaC Venture Capital Raises $203M for Second Fund
Image by Joshua Letona

This week in “Raises”: A local healthcare startup secured funding to help grow the team and deploy its software to more physicians and hospitals, while Black-led, seed-stage venture capital firm surpassed its goal for its second fund.

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How Braid Theory Plans to Build the Blue Economy from the Port of LA

Keerthi Vedantam

Keerthi Vedantam is a bioscience reporter at dot.LA. She cut her teeth covering everything from cloud computing to 5G in San Francisco and Seattle. Before she covered tech, Keerthi reported on tribal lands and congressional policy in Washington, D.C. Connect with her on Twitter, Clubhouse (@keerthivedantam) or Signal at 408-470-0776.

How Braid Theory Plans to Build the Blue Economy from the Port of LA
Photo courtesy of the Port of Los Angeles.

San Pedro-based Braid Theory is one of the growing number of accelerators in the country looking to grow the so-called blue economy, which spans a range of ocean-related industries and is estimated at $2.5 trillion a year.

The accelerator is accepting online applications until July 18, with its second-ever program kicking off in August.

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