Revolutionizing Job Hunting: How WeApply Puts You Ahead of the Pack

Revolutionizing Job Hunting: How WeApply Puts You Ahead of the Pack

🔦 Spotlight

If you've been job hunting recently, you've likely experienced the soul crushing challenge of navigating numerous job application platforms, often competing with hundreds of other applicants for a single position. WeApply’s data-driven, user-centric approach is seeking to change that. 😓💼🔍

Stressed Over It GIF by HULU

Photo by Eric Prouzet on Unsplash

WeApply, an LA-based job application automation platform, has quickly established itself in the market since its launch in January 2023. With over 200 paying customers each month and achieving profitability within eight months, the company's success can be attributed to CEO David Saxa's strategic emphasis on marketing, rigorous quality control measures, and a user-centric approach that prioritizes job seekers' needs. Unlike a "shotgun" approach that indiscriminately sends out numerous applications, WeApply uses a combination of human data specialists and AI technology to carefully filter and submit applications to positions that are deemed to be good fits for the user. This approach increases the likelihood of positive responses from employers, as it ensures that applicants are genuinely qualified for the roles they apply to.

WeApply caters to a diverse clientele, with around half of its users currently employed, often holding senior or director-level positions, and seeking new opportunities. The platform's algorithm-driven approach streamlines the application process, though some industry experts suggest that higher-level professionals may prefer more control over their job submissions. Looking ahead, the company aspires to serve thousands of paying users monthly by the end of the next year, offering three application packages priced between $115 and $249. What sets WeApply apart is its commitment to relevance over quantity, distinguishing it from competitors in the job application automation market.🔍🎯💰

🎉 Referral Contest Update 🎉

Competition Status:Ben Goldstein, CEO of PageSake has won a coffee and conversation with Zillow, Pacaso, and dot.LA co-founder Spencer Rascoff! Stay tuned for updates from their power-packed meeting! ☕🚀

🤝 Venture Deals

LA Startups

  • Charlie, a banking startup for people aged 62 and over, raised a $16M Series A (plus $7m in debt). TTV Capital led, and was joined by FPV Ventures and Better Tomorrow Ventures. - learn more
  • Neuros Medical, a 15-year-old company based in Aliso Viejo, CA, that is focused on alleviating chronic post-amputation pain, raised a $25M Funding Round led by Trinity Capital. - learn more
  • LighthouseAI, a maker of pharma supply chain tools, raised a $4.6M Seed Round co-led by Healthy Ventures and BluePointe Ventures and joined by Eileses Capital, Bertelsmann Next and the Legal Tech Fund. - learn more
  • Ambercycle, a recycled polyester startup, raised $5M from the VC arm of Taiwanese conglomerate Far Eastern Group. -learn more

LA Funds

Missed the Boat on Ring and Nest? Don't Let RYSE Slip Away!

Where were you when Amazon acquired Ring for $1B? Or when Google bought Nest for a cool $3.2B?

Hopefully, you were invested in those promising startups. But for those that missed out, the next groundbreaking Smart Home innovation has arrived 一 RYSE.

The company’s automated window-shade tech has secured distribution in over 100 Best Buy stores, and it’s poised to dominate the fast-growing smart-shades market.

RYSE pitched on the Canadian version of Shark Tank called Dragon’s Den and received two offers. They have recently just launched a new investment round and their share price has already grown 25% from their last round!

The smart-shades race is on, and RYSE is in pole position due to their:

  • Unmatched Features: RYSE has the only retrofit design to motorize existing window shades, and can be seamlessly controlled by voice, smartphone, or schedule.
  • Smart Price: Priced at $169 vs. competitors’ pricing of up to $1,000 per window, RYSE is uniquely positioned to bring luxury window shades to every home and business.

Early investors have seen their shares grow over 15X, yet the bulk of their growth may lie ahead, being just weeks away from launching in over 100 Best Buy stores.

Don’t make the same mistake the sharks did, learn how you can invest in RYSE today.

✨Featured Event (11/9)✨

RECURRING REVENUE CONFERENCE on November 9th in Culver City

Southern California's premier SaaS and Subscription conference, this one-day event draws 600+ top founders, executives, investors, and Cloud experts. Experience a dynamic program with 20+ sessions, including leading industry speakers, fireside chats, breakout sessions, and roundtable discussions. This year's insights span AI, metrics that matter, scaling strategies, making a pivot, the changing role of the CFO, what investors are looking for, and more. Keynotes include ChowNow and HackerOne CEOs. Attendees will enjoy plenty of networking time during breakfast, lunch, coffee cart breaks, and cocktails on the patio. Join us on November 9th at the Culver City Hilton to learn from industry leaders.

Learn more and register using DOTLA229 for a discounted ticket rate of $229 (regularly $399): bit.ly/3EitWB5

Early-stage founders get a discounted ticket rate ($59). Apply here today!

Want your event featured? Shoot us an email!

📅 LA Tech Calendar

Wednesday, November 8th

  • Startup Cafe - Join entrepreneurs, tech professionals and enthusiasts at The KINN, a membership network, accelerator and collaborative workspace for conscious entrepreneurs. Meet and connect with like-minded people, industry professionals and investors, while enjoying a nice cup of coffee.
  • Pitch Purpose - Join Wednesday night in Venice for an evening of investor perspectives and founder pitches.
  • FROM SOUND TO SENSATION: How to go public with campus startups - Join CSUN Entrepreneurs and EDGE Sound Research for an insightful discussion on the startup journey from campus to recognition! We'll delve into technical topics, ongoing projects, and offer an open Q&A forum.

Thursday, November 9th

Saturday, November 11th

  • The Multimodal Generative Hack - Join AI LA and the brightest innovators in music, video, gaming, and AI for two days in Playa Del Rey to shape the future of entertainment and interactive design!

Have an awesome event coming up? Reach out to be featured on next week’s Newsletter!

📙 What We’re Reading

🤠Musk Picks Texas and 🔥Tinder AI Picks Your Profile Pictures
Image Source: Tinder

🔦 Spotlight

Tinder is altering dating profile creation with its new AI-powered Photo Selector feature, designed to help users choose their most appealing dating profile pictures. This innovative tool employs facial recognition technology to curate a set of up to 10 photos from the user's device, streamlining the often time-consuming process of profile setup. To use the feature, users simply take a selfie within the Tinder app and grant access to their camera roll. The AI then analyzes the photos based on factors like lighting and composition, drawing from Tinder's research on what makes an effective profile picture.

The selection process occurs entirely on the user's device, ensuring privacy and data security. Tinder doesn't collect or store any biometric data or photos beyond those chosen for the profile, and the facial recognition data is deleted once the user exits the feature. This new tool addresses a common pain point for users, as Tinder's research shows that young singles typically spend about 25 to 33 minutes selecting a profile picture. By automating this process, Tinder aims to reduce profile creation time and allow users to focus more on making meaningful connections.

In wholly unrelated news, Elon Musk has announced plans to relocate the headquarters of X (formerly Twitter) and SpaceX from California to Texas. SpaceX will move from Hawthorne to Starbase, while X will shift from San Francisco to Austin. Musk cited concerns about aggressive drug users near X's current headquarters and a new California law regarding gender identity notification in schools as reasons for the move. This decision follows Musk's previous relocation of Tesla's headquarters to Texas in 2021.

🤝 Venture Deals

LA Companies

LA Venture Funds

LA Exits

  • Penguin Random House agreed to acquire comic book publisher Boom! Studios from backers like Walt Disney Co. - learn more

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Top LA Accelerators that Entrepreneurs Should Know About

Los Angeles, has a thriving startup ecosystem with numerous accelerators, incubators, and programs designed to support and nurture new businesses. These programs provide a range of services, including funding, mentorship, workspace, networking opportunities, and strategic guidance to help entrepreneurs develop their ideas and scale their companies.


Techstars Los Angeles

Techstars is a global outfit with a chapter in Los Angeles that opened in 2017. It prioritizes local companies but will fund some firms based outside of LA.

Location: Culver City

Type of Funding: Pre-seed, early stage

Focus: Industry Agnostic

Notable Past Companies: StokedPlastic, Zeno Power


Grid110

Grid110 offers no-cost, no-equity programs for entrepreneurs in Los Angeles, including a 12-week Residency accelerator for early-stage startups, an Idea to Launch Bootcamp for pre-launch entrepreneurs, and specialized programs like the PledgeLA Founders Fund and Friends & Family program, all aimed at providing essential skills, resources, and support to help founders develop and grow their businesses.

Location: DTLA

Type of Funding: Seed, early stage

Focus: Industry Agnostic

Notable Past Companies: Casetify, Flavors From Afar


Idealab

Idealab is a renowned startup studio and incubator based in Pasadena, California. Founded in 1996 by entrepreneur Bill Gross, Idealab has a long history of nurturing innovative technology companies, with over 150 startups launched and 45 successful IPOs and acquisitions, including notable successes like Coinbase and Tenor.

Location: Pasadena

Type of Funding: Stage agnostic

Focus: Industry Agnostic, AI/Robotics, Consumer, Clean Energy

Notable Past Companies: Lumin, Coinbase, Tenor


Plug In South LA

Plug In South LA is a tech accelerator program focused on supporting and empowering Black and Latinx entrepreneurs in the Los Angeles area. The 12-week intensive program provides early-stage founders with mentorship, workshops, strategic guidance, potential pilot partnerships, grant funding, and networking opportunities to help them scale their businesses and secure investment.

Location: Los Angeles

Type of Funding: Pre-seed, seed

Focus: Industry Agnostic, Connection to South LA and related communities

Notable Past Companies: ChargerHelp, Peadbo


Cedars-Sinai Accelerator

The Cedars-Sinai Accelerator is a three-month program based in Los Angeles that provides healthcare startups with $100,000 in funding, mentorship from over 300 leading clinicians and executives, and access to Cedars-Sinai's clinical expertise and resources. The program aims to transform healthcare quality, efficiency, and care delivery by helping entrepreneurs bring their innovative technology products to market, offering participants dedicated office space, exposure to a broad network of healthcare entrepreneurs and investors, and the opportunity to pitch their companies at a Demo Day.

Location: West Hollywood

Type of Funding: Seed, early stage, convertible note

Focus: Healthcare, Device, Life Sciences

Notable Past Companies: Regard, Hawthorne Effect


MedTech Innovator

MedTech Innovator is the world's largest accelerator for medical technology companies, based in Los Angeles, offering a four-month program that provides selected startups with unparalleled access to industry leaders, investors, and resources without taking equity. The accelerator culminates in showcase events and competitions where participating companies can win substantial non-dilutive funding, with the program having a strong track record of helping startups secure FDA approvals and significant follow-on funding.

Location: Westwood

Type of Funding: Seed, early stage

Focus: Health Care, Health Diagnostics, Medical Device

Notable Past Companies: Zeto, Genetesis


KidsX

The KidsX Accelerator in Los Angeles is a 10-week program that supports early-stage digital health companies focused on pediatric care, providing mentorship, resources, and access to a network of children's hospitals to help startups validate product-market fit and scale their solutions. The accelerator uses a reverse pitch model, where participating hospitals identify focus areas and work closely with selected startups to develop and pilot digital health solutions that address specific pediatric needs.

Location: East Hollywood

Type of Funding: Pre-seed, seed, early stage

Focus: Pediatric Health Care Innovation

Notable Past Companies: Smileyscope, Zocalo Health


Disney Accelerator

Disney Accelerator is a startup accelerator that provides early-stage companies in the consumer media, entertainment and technology sectors with mentorship, guidance, and investment from Disney executives. The program, now in its 10th year, aims to foster collaborations and partnerships between innovative technology companies and The Walt Disney Company to help them accelerate their growth and bring new experiences to Disney audiences.

Location: Burbank

Type of Funding: Growth stage

Focus: Technology and entertainment

Notable Past Companies: Epic Games, BRIT + CO, CAMP


Techstars Space Accelerator

Techstars Space Accelerator is a startup accelerator program focused on advancing the next generation of space technology companies. The three-month mentorship-driven program brings together founders from across the globe to work on big ideas in aerospace, including rapid launch services, precision-based imaging, operating systems for complex robotics, in-space servicing, and thermal protection.

Location: Los Angeles

Type of Funding: Growth stage

Focus: Aerospace

Notable Past Companies: Pixxel, Morpheus Space



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🚁 One Step Closer to Air Taxis in LA
Image Source: Joby Aviation

🔦 Spotlight

Joby Aviation, a pioneering electric air taxi company, has achieved a significant milestone by successfully flying a hydrogen-electric aircraft demonstrator for 523 miles with only water as a byproduct. This groundbreaking flight showcases the potential for emissions-free regional travel using vertical take-off and landing (eVTOL) aircraft, eliminating the need for traditional runways. The company's innovative approach combines its existing battery-electric air taxi technology with hydrogen fuel cells, paving the way for longer-range, environmentally friendly air travel.

For LA residents, this development holds exciting implications for future transportation options. Joby's technology could potentially enable direct flights from LA to destinations like San Francisco or San Diego without the need to visit conventional airports, offering a cleaner and more convenient alternative to current travel methods. The company's progress in both battery-electric and hydrogen-electric aircraft positions it at the forefront of next-generation aviation, promising to revolutionize urban and regional mobility.

Notably, Joby Aviation has already made strides in Southern California by securing an agreement with John Wayne Airport earlier this year to install the region's first electric air taxi charger. This strategic move sets the stage for LA to be among the initial markets where Joby will launch its electric air taxi service. With plans to commence commercial operations as early as 2025 using its battery-electric air taxi, LA residents may soon have access to a fast, quiet, and environmentally friendly mode of transportation that could significantly reduce travel times and traffic congestion in the region. In the not too distant future, LA might find itself in an identity crisis without traffic and excess smog 🤞🤞.


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LA Companies

LA Venture Funds


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