🔦 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. 😓💼🔍
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
- Riot Ventures co-led a $200M Funding Round for Shield AI, a San Diego-based developer of drone tech for the military. -learn more
- WndrCo participated in a $5M Seed Round for Yuzu Health, a startup enabling customization of affordable health plans for small businesses based on their employees' needs. -learn more
- Mantis VC participated in a $61M Series B for Chainguard, a cybersecurity startup. -learn more
- March Capital participated in a $20M Series B Extension for Xage Security, a provider of network intrusion security software. -learn more
- Mucker Capital led a $4.6M Seed Round for Treads, a car maintenance subscription service. -learn more
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
- Recurring Revenue Conference - See our featured event above for details!
- Los Angeles Design & Development Meetup - Join LA Design & Development in DTLA to discuss themes like Web3, Accessibility, UX/Product Design, Engineering, Startups and more.
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
- Pix AI, the app to solve your endless searching for a show or movie. - read more
- Disney to buy full control of Hulu In deal with Comcast. - read more
- Alethia Venture Partners raises $50M with a beverage focus. - read more
