complyant

complyant

Photo by Decerry Donato

It’s no secret that female entrepreneurs receive less funding than their male counterparts–females only secured 2% of VC funding in 2021. The reality, however, is even more pronounced for women of color.

But according to ComplYant founder Shiloh Johnson, there is a way to change this reality we are living in, you have to be undeniable. “If I focus on the business, and I build something that works and it's making money, you can't deny that green is the universal color,” Johnson said at dot.LA’s "Meeting the Moment: Why the Time is Now for Women Founders" panel.

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Image courtesy of ComplYant

ComplYant, a fintech startup that rose out of accelerator Techstars’ Los Angeles program, has raised a $5.5 million seed funding round, the company told dot.LA.

While San Francisco-based venture capital firm Craft Ventures led the round, two notable L.A.-based VCs, Mucker Capital and Slauson and Co., also participated. Techstars—which helped launch ComplYant through its L.A. accelerator program last year—also chipped in.

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When Matt Kozlov, TechStars Los Angeles' Managing Director, evaluates startups, he looks for a few key qualities in a company's leadership: humility, passion, resilience and the ability to accept coaching well.

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