first resonance

first resonance

Illustration by Ian Hurley

In Los Angeles—like the startup environment at large—venture funding and valuations skyrocketed in 2021, even as the coronavirus pandemic continued to surge and supply chain issues rattled the economy. The result was a startup ecosystem that continued to build on its momentum, with no shortage of companies raising private capital at billion-dollar-plus unicorn valuations.

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Led by a former SpaceX engineer, First Resonance makes software for aerospace and electric car makers to manage their inventory, supply chain and manufacturing process.

Over the last year, the company has seen revenue shoot up 500% year-over-year and their customer base has doubled, according to the startup. This week, it raised a $14 million Series A to build out its flagship platform, ION.

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A work collaboration and inventory management software for aerospace manufacturers — including rocket-part maker Phase Four — First Resonance is poised to take off.

The startup raised a $3.5 million Series A on Wednesday, and will use the funding to expand its footprint in Los Angeles.

Eventually, the downtown-based company wants to be the software behind a new wave of mobility, from jetpacks to air taxis.

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