This Week in ‘Raises’: Prism Lands $26M, Wellth Stacks Up $20M

Decerry Donato

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.

This Week in ‘Raises’: Prism Lands $26M, Wellth Stacks Up $20M
This Week in ‘Raises’:

A Los Angeles-based financial lending platform just raised some funding to help the employees of the pre-IPO companies they work with borrow against their company equity for personal use, while a local digital health company announced they completed an oversubscribed Series B fundraising round that will enable the company to further invest in the behavioral science engine behind the app and expand its team.

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Venture Capital

Believer Entertainment, a West Hollywood-based game development studio, raised $44 million in funding, per an SEC filing.

Prism, a Los Angeles-based lending platform tailored to startup tech companies and employees, raised a combined Seed and Series A fundraising round of $26 million co-led by Pantera Capital and Human Capital.

Wellth, a Los Angeles-based digital health company, raised a $20 million Series B fundraising round led by SignalFire.

Veloce Energy, Inc., a Los Angeles-based manufacturer of energy storage and infrastructure systems raised $12.5 million in funding, per an SEC filing.

Per an SEC filing, Calcimedia, a San Diego-based developer of therapeutic novel drugs designed to treat acute immune disorders raised $9 million in funding.

Profi, a Glendale-based operating platform designed for professional service providers like coaches, consultants, trainers, and therapists raised $8 million in a seed funding round led by an existing pool of investors.

Santa Fe Springs-based supply chain management platform Gori Co raised $6 million in funding, per an SEC filing.

Los Angeles-based drone delivery company Flyby Robotics raised $4 million in a pre-seed round led by MaC Venture Capital.

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).

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Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

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