Introducing ‘Raises’: Our New Weekly Recap of LA Startup Funding News

Molly Wright

Molly Wright is an intern for dot.LA. She previously edited the London School of Economics' student newspaper in the United Kingdom, interned for The Hollywood Reporter and was the blogging editor for UCLA's Daily Bruin.

Introducing ‘Raises’: Our New Weekly Recap of LA Startup Funding News

This is the first installment of Raises—a weekly feature highlighting venture capital and private equity funding news across the Los Angeles and Southern California tech and startup ecosystem.


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Venture Capital

Package tracking startup Route closed a $200 million Series B round at $1.25 billion valuation.

Hybrid gaming platform PortalOneraised $60 million in Series A funding led by Tiger Global.

Koji, a startup offering a virtual app store for content creators, raised $20 million in Series B funding led by Jump Capital.

Virtual reality tech startup Emerge raised $13 million in new funding from investors including Riot Games co-founder Marc Merrill and Twitch co-founder Kevin Lin.

NFT startup Unblocked raised a $10 million seed round led by Tiger Global and Penske Media Corp.

Tag-n-Trac, which provides software for smart IoT tracking, raised $10 million in Series A funding led by Dell Technologies Capital.

Cybersecurity firm NVISIONx raised $4.6 million in seed funding led by Companyon Ventures.

Cannabis snack brand TSUMo Snacks raised a $4 million seed funding round led by Snoop Dogg’s Casa Verde Capital.

Spacecraft operations software startup Epsilon3 raised a $2.8 million seed round from investors including Stage Venture Partners, MaC Venture Capital, Lux Capital and Village Global.

Guest experience platform DACK raised $2.4 million in funding from five investors, according to an SEC filing. The startup is seeking to raise a total of $5 million.

Wearable data startup Point raised nearly $2.4 million in funding from six investors, according to an SEC filing. The company is seeking to raise more than $4.8 million.

Matters Lab, a web3 social media company, raised $2 million in pre-Series A funding from investors including Longling Capital, Protocol Labs and Mask Network.

Rx Delivered Now, a prescription delivery management platform, raised over $1 million in pre-seed funding via crowdfunding from more than 900 individual investors.

Private Equity

InnovateMR, a provider of survey and sampling services, received an investment from private equity firm CIVC Partners. Financial terms were not disclosed.

Home lending platform Mortgage Coachreceived an investment from private equity firm LLR Partners. Financial terms were not disclosed.

Health care software and data platform RxVantagereceived an investment from growth equity firm Spectrum Equity and corporate venture capital firm McKesson Ventures. Financial terms were not disclosed.

mollywright@dot.la

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Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

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