popshop live

popshop live

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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Photo by David Ruano

Ecommerce trends were top of mind during Friday’s “Revolutionizing Online Marketplaces” panel. Moderated by Grace Kangdani from Bank of America and sponsored by Zoolatech, the freewheeling discussion bounced from live streaming and social selling to data privacy, to determining the tipping point where market research crosses the line from constructive into “creepy.”

Featured panelists included Roman Kaplun (co-founder and CEO of Zoolatech), Dan Dan Li (founder and CEO of Popshop Live), and Montre Moore (co-founder and CEO of AMP Beauty LA). Talk centered around how far the industry has come in the last few years, and where it might be headed next.

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