🔦 Spotlight
After announcing its partnership with the PGA of America earlier this year, LA-based Sensible Weather, a climate finance platform, has now introduced its Weather Guarantee program in collaboration with 23 distinguished golf facilities in Myrtle Beach, managed by Founders Group International, Caledonia Golf & Fish Club, and True Blue Golf Club. ⛈️⛳️
This guarantee allows golfers to protect their rounds from undesirable weather by offering a reimbursement if rain is forecasted on the day of play. Sensible Weather assessed a need in the golf community, surveying 1,000 golfers and finding that 97% of avid golfers expressed interest in Weather Guarantees. The initiative addresses the increasing impact of disruptive weather on outdoor activities like golf by specifically aiming to simplify operations for golf courses, enhance golfer satisfaction, reduce last-minute cancellations, and generate additional revenue for facilities.
The success of this venture can be attributed to Sensible Weather first identifying a need by the golf community followed by a thoughtful strategic approach. Sensible Weather brought Golf Professional, Ben Tyler, on board to ensure effective communication of the opportunity and exceptional customer service required to make the partnership a success. To implement the Weather Guarantee, Sensible Weather collaborated closely with Tee Time Central, a booking platform, to integrate the feature directly into their checkout process. Golf facilities using Tee Time Central for their online bookings can easily activate Weather Guarantees.
The expansion to golf courses adds to Sensible Weather’s growing market and customer base over the past year. In September, Sensible Weather secured an investment from AMEX Ventures adding to its list of investors that includes Wonder Ventures, Infinity Ventures, and Industry Ventures. Sensible Weather is partnered with over 3,500 businesses and has received $22 million dollars in investments. Since it began offering Weather Guarantees in 2021, they have sold over 55,000 guarantees. That’s the tee! ☕⛳🏌️
Check out our previous coverage of Sensible Weather here.
🎉 Don’t forget about our referral contest this month! 🎉
Competition Status: 🔥 It’s heating up! Number of referrals to beat is 8 with less than a week remaining.
Gif by trt_network on Giphy
The contest is simple: whoever refers the most friends to dot.LA using our referral program by October 31st will get a coffee and conversation with Zillow, Pacaso, and dot.LA co-founder Spencer Rascoff, where you can pitch him, get business advice, or just shoot the breeze. This is a great opportunity for any current or future entrepreneur, so good luck referring! ☕️☕️☕️
P.S. If you’re not based in LA, you can hop on a Zoom instead 💻
🤝 Venture Deals
LA Startups
- Greater Good, a provider of primary care for seniors, raised a $20M Series A led by Flare Capital Partners, and joined by LRVHealth, Health Velocity Capital, Martin Ventures and Optum Ventures. - learn more
- LegalMation, a developer of generative AI solutions for high-volume litigation, raised a $15M Series A led by Aquiline Capital Partners and joined by insiders Motley Fool Ventures, REV Venture Partners, Key Venture Partners, Quick Set and Brentwood Investments. - learn more
LA Funds
Built for founders, by founders: Rho, the consolidated finance automation platform designed to help you scale.
Founders, we know how much you are handling at once. Operating multiple platforms for each facet of your finances should not be getting in the way of running your business.
Leave managing your finances to Rho, so that you can focus on growing your business. Whether you have just raised your first round of funding and need help managing your funds, or you are a start-up looking to diversify your capital, Rho is the only finance automation platform that lets organizations manage all spend and cash in a single system.
Rho is your trusted and reliable financial support that can help you diversify and manage your cash efficiently. Manage all your cash and spending in one system:
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Join other startups like Dr. Squatch, Sundae, Canvas, and Runway that are making finance frictionless with Rho.
✨Featured Event (11/9)✨
RECURRING REVENUE CONFERENCE on November 9th in Culver City
Southern California's premier SaaS and Subscription conference, this one-day event draws 600+ top founders, executives, investors, and Cloud experts. Experience a dynamic program with 20+ sessions, including leading industry speakers, fireside chats, breakout sessions, and roundtable discussions. This year's insights span AI, metrics that matter, scaling strategies, making a pivot, the changing role of the CFO, what investors are looking for, and more. Keynotes include ChowNow and HackerOne CEOs. Attendees will enjoy plenty of networking time during breakfast, lunch, coffee cart breaks, and cocktails on the patio. Join us on November 9th at the Culver City Hilton to learn from industry leaders.
Learn more and register using DOTLA229 for a discounted ticket rate of $229 (regularly $399): bit.ly/3EitWB5
Early-stage founders get a discounted ticket rate ($59). Apply here today!
📅 LA Tech Calendar
Saturday, October 28th
- Mental Health Innovators Social- Saturday afternoon in Venice join a diverse community of founders, investors, researchers, clinicians and creators who are building the future of mental health.
Sunday, October 29th
Wednesday, November 1st
Thursday, November 2nd
- Los Angeles Tech Networking Event - Join other tech enthusiasts in Playa Vista on Thursday night for a laid-back networking event that's all about fostering connections.
📙 What We’re Reading
