Raises

"Raises" is dot.LA’s weekly feature highlighting venture capital funding news across Southern California’s tech and startup ecosystem.
Image by Joshua Letona

A Los Angeles-based salon booking startup raised fresh funding to expand engineering and development and enhance tools offered on its platform. At the same time, a Santa Monica-based health company received the backing of Keith Rabois to optimize men’s health and hormones.

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Photo courtesy of Invisible Universe

Invisible Universe, a self-described “Pixar of the internet,” has raised $12 million in Series A funding to build out its animated franchises.

Seven Seven Six, the venture capital firm of Reddit co-founder Alexis Ohanian, led the fundraising round. Cosmic Venture Partners, Dapper Labs and Spencer Rascoff’s 75 & Sunny participated in the raise, too. (Disclosure: Rascoff is co-founder and executive chairman of dot.LA.)

L.A.-based Invisible Universe partners with high-profile celebrities to create original animated characters that live on social media. Examples include Squeaky & Roy—the apparent long-lost toys of TikTok stars Charli and Dixie D’Amelio—as well as Qai Qai, a living doll that belongs to tennis legend Serena Williams’ daughter (Williams is married to Ohanian).

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Courtesy of Boulevard

Boulevard, a salon booking and payment platform, has raised $70 million in new funding.

The Los Angeles-based company’s Series C round was led by Point72 Private Investments, with Toba Capital, Index Ventures, Bonfire Ventures, BoxGroup and VMG Partners joining the raise. Point72 Private Investments’s Eddie Kang will join Boulevard’s board of directors.

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