This Week in ‘Raises’: FinditParts Lands $30M, Bonfire Raises $230M for New Funds
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.
Venture Capital
FinditParts, an ecommerce marketplace serving the commercial vehicle aftermarket, raised a $30 million Series A funding round led by Crestline Investors.
Tripp, a virtual reality therapy and meditation app, raised $11.2 million in a Series A extension round led by BITKRAFT Ventures.
SpectrumAi, a digital health company developing solutions for people on the autism spectrum, raised a $9 million seed funding round co-led by F-Prime Capital and Frist Cressey Ventures.
Forcyte Biotechnologies, a drug discovery biotech company targeting mechanobiology diseases, raised $5.7 million in funding from investors including Milestone View, Pioneer Fund, Acequia Capital, Y Combinator and Jude Gomila.
Pluto, a stock market investing platform, raised a $4 million seed funding round led by Nadav Eylath’s at.inc.
Two Front, an orthodontics services startup, raised a $3.5 million seed funding round led by Craft Ventures.
Digiphy, a contextual marketing and commerce platform, raised $1.5 million in new funding from investors including Gaingels, M13, Builders & Backers, EYRIR Ventures and Sify Ventures.
Funds
Bonfire Ventures, an early-stage venture capital firm focused on B2B software startups, raised $230 million across two new funds: a $168 million third core fund, and a $63 million second opportunity fund.
Santa Barbara Venture Partners, a venture fund targeting software-as-a-service (SaaS) companies based predominantly in Southern California, closed its first, $11 million investment fund.
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).
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.
