Everlaunch Wins dot.LA's Startup Pitch Competition

Harri Weber

Harri is dot.LA's senior finance reporter. She previously worked for Gizmodo, Fast Company, VentureBeat and Flipboard. Find her on Twitter and send tips on L.A. startups and venture capital to harrison@dot.la.

Everlaunch Wins dot.LA's Startup Pitch Competition
Photo by Joshua Ruano

A startup that offers gamified how-to guides for aspiring entrepreneurs was declared the winner of the second annual dot.LA pitch competition on Thursday in Santa Monica.

"My mission is to 'Pinky and the Brain' all of the currently available resources," said Everlaunch CEO Michelle Heng, referring to a cartoon where the main character was obsessed with taking over the world. Heng's service sets out to build a community for entrepreneurs and bring together essential business resources in a single hub.

Heng was selected as the night's winner by the competition's three judges — Boba Guys founder and investor Andrew Chau, Worklife VC founder Brianne Kimmel, and Plug and Play Ventures investor Kiswana Browne.

Everlaunch debuted in May to offer a "roadmap" for the "business-building process." Current partners include GoDaddy, Squarespace and 99designs. "The days of endless googling are over," a tagline for the service reads.

"I'm just excited to do the work and be an ally in order to build the future, and to help people of color build generational wealth," said Heng, speaking before attendees of the dot.LA Summit.

"And don't forget to bet on black women," she added.

The pitch-off also featured Rent-a-Romper and Reeplayer. All three startups are Southern California-based, have raised less than $1 million to date in outside funding and were nominated for the competition by dot.LA readers.

Rent-a-Romper offers a monthly subscription to clothing for babies and toddlers. "We are changing children's fashion by providing parents a curated wardrobe that grows with their child," said CEO Lauren Gregor.

Reeplayer provides a $99-per-month subscription that aims to help coaches and young soccer players capture game footage. Reeplayer's software and 4K camera system, which goes on a tripod and records from the sideline, are both included in the monthly fee. "Down the line we want to bridge the gap between athletes and recruiters," said founder Orhan Ajredinovski.

Crewtify, a livestreaming platform for concerts, won last year's dot.LA pitch competition.

Watch the full 2021 event here:

dot.LA Summit: Startup Pitch Competitionwww.youtube.com

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Overair Raises $145M To Fly Its Electric Aircraft Prototype

Samson Amore

Samson Amore is a reporter for dot.LA. He previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Send tips or pitches to samsonamore@dot.la and find him on Twitter at @Samsonamore. Pronouns: he/him

Image courtesy of Overair

Santa Ana-based aircraft startup Overair has raised $145 million to develop and fly its flagship vehicle, a prototype electric airplane called Butterfly, by the second half of next year.

The investment was led by South Korean conglomerate Hanwha Group, which holds a 30% stake in Overair and has now poured a total of $170 million into the startup, according to TechCrunch. The funds specifically came from two of the conglomerate’s divisions, Hanwha Aerospace and Hanwha Systems, Overair said in a press release Tuesday.

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Kristin Snyder

Kristin Snyder is an editorial intern for dot.la. She previously interned with Tiger Oak Media and led the arts section for UCLA's Daily Bruin.

Performio Raises $75M for Its Sales Commission Software
Photo by freestocks on Unsplash

Performio, an Irvine-based provider of sales commission software, has raised $75 million in new funding.

The company announced Tuesday that growth equity firm JMI Equity led the funding, with JMI chairman Paul Barber and vice president Jack Duane also joining Performio’s board of directors. The new investment will go toward advancing the company’s technology and meeting the needs of its growing client base, it said.

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Kristin Snyder

Kristin Snyder is an editorial intern for dot.la. She previously interned with Tiger Oak Media and led the arts section for UCLA's Daily Bruin.

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Rivian pre-order holders took to the forums over the weekend to share news of the latest, delayed delivery windows for the electric automaker’s R1S sports utility vehicle.

After already pushing back its original January 2022 delivery date for the SUV to this summer, Irvine-based Rivian recently informed customers of yet another production delay. As Autoevolution reported on Monday, many of those who had pre-ordered the R1S received emails detailing new delivery dates ranging from August to December of this year.

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