Evan Xie

Los Angeles, like the rest of the startup world, saw a dip in global venture funding. As of November 2022, funding reached $22 billion, which is 69% lower than the previous year.

Despite the massive downturn in funding due to the decline in technology stocks at the end of 2021 combined with concerns about rising inflation, it did not stop the startups on this list from raising funding. We asked more than 30 leading L.A.-based investors for their take on the hottest firms in the region. (We also asked VCs not to pick any of their own portfolio companies, and vetted the list to ensure they stuck to that rule.)

They selected a few live-shopping platforms, space startups and payment software companies and we've organized the list based on the amount of capital raised as of January, according to data from PitchBook.

Here are the eight L.A. startups VCs have their eyes on as they look ahead to 2023.

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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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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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