Loom started off in a Los Angeles storefront along Pico Boulevard offering education and events around women's health issues like fertility, periods, menopause, sex and postpartum depression.
Created by Erica Chidi and Quin Lundberg in 2016, the wellbeing startup moved online a few months ago as the pandemic shut down business and this week announced a $3 million raise led by Slow Ventures to roll out its digital health education platform.
A new survey of the Los Angeles venture capital and tech community released Wednesday has found that white employees have a leg up on jobs through their personal networks and female tech employees continue to earn less than the national average, at 71 cents to their male counterparts' $1, among other findings.
The results were provided as part of the second annual survey by PledgeLA, an initiative created by the Annenberg Foundation and the mayor of Los Angeles to promote civic engagement and diversity within the tech community.
- Guest Column: Housing Isn't the Reason Women are Paid Less in ... ›
- How Can L.A. Tech Promote More Diversity in Its Ranks? - dot.LA ›
- Snap Releases Dismal Diversity Report - dot.LA ›
Despite the raging coronavirus pandemic, Wavemaker Partners announced Wednesday it has closed its third and largest fund focused on Southeast Asia with $111 million in dry powder, exceeding its initial target of $100 million.
"If not for COVID we may have been oversubscribed a little more, but we're happy with where we ended up," said Eric Manlunas, the firm's founder & managing partner.
- Startup Dealmaking in Los Angeles is Down - dot.LA ›
- Wavemaker 360 Health Announces $100 Million Fund Aimed at ... ›