Health Care Platform Tebra Raises $72M, EVSC Secures $68.8M for EV Chargers

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

Health Care Platform Tebra Raises $72M, EVSC Secures $68.8M for EV Chargers
Image by Joshua Letona

This week in “Raises”: A Corona del Mar-based healthcare startup hit unicorn status, while a local EV charging company raised funding to support expansion into more than 35 new cities across California and Washington.


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Venture Capital

Tebra, a Corona del Mar-based health care management platform serving over 100,000 independent providers in the United States, raised $72 million in equity and debt funding from Golub Capital. After officially reaching unicorn status, Tebra has raised a total of $137 million.

Arcadia-based EV charging company EVCS raised $68.8 million in funding via $50 million in debt facility from Spring Lane Capital and the other $18.8 million through a Series A equity investment co-led by Abdo Partners, Spring Lane Capital and the Copulos Group.

Moving Analytics, a Los Angeles-based virtual at-home program for cardiac patients, raised a $20 million Series A funding round co-led by Wellington Access Ventures and Seae Ventures.

Finli, a San Marino-based small business payment management platform, raised a $6 million seed funding round led by Urban Innovation Fund.

WagerWire, a Los Angeles-based sports betting marketplace, raised $3 million in seed funding led by Roger Ehrenberg.

Los Angeles-based sports podcasting company Blue Wire, raised $2.5 million in new funding from East Carolina Angels, the Pirate Entrepreneurship Fund and Dot Capital.

Pique Action, a Los Angeles-based media company that creates and distributes original content about climate change, raised a $1 million pre-seed fundraising round led by Amasia.

Raises is dot.LA’s weekly feature highlighting venture capital funding news across Southern California’s tech and startup ecosystem. Please send fundraising news to Decerry Donato (decerrydonato@dot.la).

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Genies Wants To Help Creators Build ‘Avatar Ecosystems’

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Genies Wants To Help Creators Build ‘Avatar Ecosystems’

When avatar startup Genies raised $150 million in April, the company released an unusual message to the public: “Farewell.”

The Marina del Rey-based unicorn, which makes cartoon-like avatars for celebrities and aims to “build an avatar for every single person on Earth,” didn’t go under. Rather, Genies announced it would stay quiet for a while to focus on building avatar-creation products.

Genies representatives told dot.LA that the firm is now seeking more creators to try its creation tools for 3D avatars, digital fashion items and virtual experiences. On Thursday, the startup launched a three-week program called DIY Collective, which will mentor and financially support up-and-coming creatives.

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Here's What To Expect At LA Tech Week

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Here's What To Expect At LA Tech Week

LA Tech Week—a weeklong showcase of the region’s growing startup ecosystem—is coming this August.

The seven-day series of events, from Aug. 15 through Aug. 21, is a chance for the Los Angeles startup community to network, share insights and pitch themselves to investors. It comes a year after hundreds of people gathered for a similar event that allowed the L.A. tech community—often in the shadow of Silicon Valley—to flex its muscles.

From fireside chats with prominent founders to a panel on aerospace, here are some highlights from the roughly 30 events happening during LA Tech Week, including one hosted by dot.LA.

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'Throw Everything Overboard That You Don’t Really Need': Spencer Rascoff Offers Founders Advice During a Downturn

Joanne Saunders
Joanne Saunders is a freelance writer. She writes about health, travel and clean tech entrepreneurs. Her work has been published in Huffington Post, Vacationer Magazine, and Comics Beat, among other publications.
Spencer Rascoff and McKinsey & Company senior partner Tarek Elmasry

Lights were strung across the lawn and over the pool while about 150 guests meandered through the open concept home and towards the bar and the mounds of guacamole and warm churros. Hosted by McKinsey and Pacific Western Bank, “The Founder’s Guide to L.A.” event focused on advice from active angel investor, author and podcaster Spencer Rascoff, who co-founded Zillow, Hotwire, Pacaso, Supernova and–of course–dot.LA.

Through questions asked by McKinsey & Company senior partner Tarek Elmasry and the audience, Rascoff spent a half hour providing speedy and insightful advice to tech founders in attendance.

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