Watch Our Startup Pitch Showcase Featuring Diverse and Underrepresented Founders in LA

Annie Burford

Annie Burford is dot.LA's director of events. She's an event marketing pro with over ten years of experience producing innovative corporate events, activations and summits for tech startups to Fortune 500 companies. Annie has produced over 200 programs in Los Angeles, San Francisco and New York City working most recently for a China-based investment bank heading the CEC Capital Tech & Media Summit, formally the Siemer Summit.

Watch Our Startup Pitch Showcase Featuring Diverse and Underrepresented Founders in LA


Bank of America

Unarmed

When Tony Rice II was 17, he was pulled over by the police, who pointed a gun at his head. He said his first reaction was to look over at his younger brother in the passenger's seat, terrified.

Years later, he was pulled over again and this time the officer asked him if he was on parole.

"Unfortunately, situations like this happen too often to people that look like me," Rice, who is Black, said. "And a part of me thinks I'm lucky because others weren't."


Rice told his story about what led him to found a company that developed a platform for government agencies to file and track complaints or compliments about police officers during dot.LA's most recent Startup Pitch Showcase Thursday that highlighted startups that have diverse and underrepresented leaders. Rice was joined by executives from three other startups, Kilo, Gleam Network and StartupStarter.

The startups were offered advice from judges Redonna Carpenter Woods, senior vice president and market executive at Bank of America, Ajay Relan, partner at Slauson & Co. and Camden McRae, co-founder and investor at Industrious Ventures about how to develop their pitch in the hope of getting funding. But the stars of the show was the startups themselves.

Rice said government entities, including police oversight agencies, can use the Unarmed platform on their websites for citizens to file complaints or compliments about police officers. The cases then enter into a dashboard where officials manage the case. Citizens are also able to track their case through the system.

"This is the real deal not just for people that look like you and I, but this is for the safety and wellness for everyone," Carpenter Woods said.

Rice is seeking $500,000 in funding to hire full-time employees.

Kilo

Amanda Bender, founder of Kilo, said it was her experience as a therapist and her relationships with male friends that led her to develop an app for men to track their emotional fitness. While she said the market is flooded with apps that focus on physical fitness, there is a lack of apps focused on mental health for men that speak directly to them.

"We've specifically designed Kilo for its core audience," Bender said. "We've created an app to transform men into happier and healthier humans."

The app, which is still in development, uses nine markers, like sleep, motivation, mood, workout and libido, where a user rates each marker to increase their own self-awareness and to receive personalized insights.

The company is seeking $600,000 in funding to hire full-time staff.

The judges were interested in how Kilo would market to men who might not be open to improving their mental health.

GLEAM Network

GLEAM Network is a nonprofit, volunteer organization that mentors and offers leadership training to underserved communities in the restaurant and foodservice industry.

Founded nine months ago by Sanjiv Razdan, former COO of Sweetgreen, GLEAM has ambitions to scale quickly and grow globally.

"The demand for our services is even greater than we anticipated and what's stopping us from global growth is funding," GLEAM's Rosemary Staltare said.

GLEAM is seeking $150,000 to fund a new technology platform that will help match mentors with mentees. With that money, it hopes to expand the number of mentees it works with to 500.

StartupStarter

Jose Barrera, founder and CEO of StartupStarter, sees opportunity with his social network for startups. All businesses are now internet businesses, he said.

"This is true whether you're trying to launch a mining company or a high-tech startup, the same principles apply that is you have to attract customers, convert customers, pay your employees, basically you have to open your computer, enter the grid," Barerra added.

The network has different membership levels for founders, service providers and investors.

Its goal is to democratize entrepreneurship through efficiency and convenience.

StartupStarter has begun working with startups because there is a single model, however Barrera also sees the business expanding to other verticals like restaurants because every business needs to know how to build a better website, for example.

Barrera is seeking $1.3 million in funding to develop a mobile app to expand to millions of users and to hire marketing staff.

About the Companies:

Unarmed is a technology company serving the public sector. Our mission is to create a safer world for all civilians. Our vision is to be the global leader in civilian-focused solutions. Our subscription-based, software as a service (SaaS) platform consists of an online portal where civilians can prepare, file and track their compliments and complaints ("cases") about law enforcement. Those cases then seamlessly flow into a dashboard, where oversight officials are able to manage the case until it is closed.

StartupStarter is a professional network for startups and the communities that support them. We are a collective of founders, investors, subject matter experts and service providers on a mission to make launching and scaling a successful business accessible to anyone. We're united by the idea that every business is now an internet business, and we strive to give the most user-centric and efficient experience by providing our members with the innovative resources, products, services or connections that best meet their needs.

GLEAM Network is a volunteer network whose purpose is to provide mentorship and leadership development to the underserved and underrepresented community in the restaurant and foodservice industry. With a bold vision to be a truly global and the most effective mentoring network in the industry, our organization provides low / no cost access to all programs, including executive leadership training, 1:1 mentoring and biweekly learning circles helmed by the industry's most inspiring leaders. At GLEAM we believe that everyone deserves the opportunity to learn from engaging with others and to build expertise in leading effectively.

Kilo is an app for men who want to be their best selves, an app to track emotional fitness with powerful data like quality of mood, energy, libido, relationships and sleep on a daily basis to unlock actionable insights and cultivate growth in order to improve happiness and mental health. Building better hu[man]s.

About the Judges:

Redonna Carpenter Woods

Redonna Carpenter Woods, senior vice president and market executive at Bank of America

Redonna Carpenter Woods, Senior Vice President & Market Executive at Bank of America​

As the SVP & market executive for the L.A. coastal market of commercial business banking, Redonna leads a team of financial professionals who deliver strategic, integrated financial guidance and solutions to companies with $5 million to $50 million in annual revenue.

Redonna has enjoyed a career in banking that spans over 35 years. She joined Bank of America Merrill Lynch in 2011. Prior to that time she held key leadership positions in SBA Lending, Consumer and Commercial Banking.

Redonna is the Executive Sponsor for Greater LA LEAD for Women and Multicultural Women Ready to Lead. She is also a member of the Black Professional Group (BPG), Power of 10, and the Black Executive Leadership Team (BELT). Redonna is an active volunteer in her community and has served inmany leadership roles and as a member of several nonprofit boards. A few of these organizations include: The Wellness Community – Valley/Ventura, Moorpark College Foundation, Conejo/Las Virgeness Future Foundation, and United Way of Ventura County, Big Brother/Big Sister - Ventura County and YMCA, Thousand Oaks/Conejo Valley. Redonna is a current board member for Discovery Cube, LA and Greater Conejo Valley Chamber of Commerce.

Ajay Relan

Ajay Relan, partner at Slauson & Co.

Ajay Relan, Partner at Slauson & Co.

Ajay is an investor, entrepreneur, and community builder. Prior to Slauson & Co., Ajay was a founding partner at Queensbridge Venture Partners. With a keen focus on brand building and storytelling, Ajay's passion lies in identifying trends and engineering culturally relevant brands.

A lifelong Angeleno, Ajay has established a business portfolio grounded in community. His most recent collaboration, Hilltop Coffee + Kitchen, has become a staple, facilitating productivity and collaboration in diverse neighborhoods across Los Angeles.

In 2012, Ajay founded #HashtagLunchbag, a nonprofit program who's supporting feeding 150-plus cities around the globe. He went on to establish the Living Through Giving Foundation, a platform empowering the creation of programs engaging diverse groups of people to contribute to various causes in their local communities.

Camden McRae

Camden McRae , co-founder and investor at Industrious Ventures

​Camden McRae, Co-Founder and Investor at Industrious Ventures

Camden McRae is a co-founder and investor at Industrious Ventures, an early-stage fund focused on industry transformation. He currently serves on the Executive Committee for BLCK VC, as well as the Stanford Angels & Entrepreneurs of Southern California. Camden co-founded a company that led him to become a Fellow at Lightspeed Venture Partners and he later worked as a Fellow at Alchemist Accelerator. Most recently, Camden was a principal at Noname Ventures. He received a BA in psychology from Harvard University and a JD from Stanford Law School.

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From Pitch Meetings to Power Lunches: LA’s Exclusive Membership Clubs 🗝️

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Summer's here, so it's time to zhuzh up your work environment. Discovering the best membership and social clubs in Los Angeles for meetings can boost networking and collaboration, offering exclusive venues and premium amenities tailored for professionals and creatives to thrive amidst the city's vibrant backdrop. These clubs provide a sophisticated setting for productive gatherings and meaningful connections in LA. Here are some top private member clubs perfect for meetings and productive work sessions.

The Jonathan Club

Club Details: The Jonathan Club, one of Los Angeles' original membership clubs, has been a cornerstone of the city's elite social scene since its founding in the mid-1890s. Its legacy is intertwined with the growth and development of LA itself, most notably through a pivotal meeting held at the club that sparked the idea for a southern campus of the University of California—what would eventually become UCLA. Today, the Jonathan Club continues to offer its members an unparalleled experience of exclusivity and refinement. With locations in both DLTA and Santa Monica, members enjoy access to premium amenities and spaces and a calendar with hundreds of social events and workshops throughout the year, providing ample opportunities for networking, personal growth, and leisure activities.

Membership Details: Initiation fee is around $50,000, and admission typically requires that you be invited or know someone who is already a member.

Spring Place

Image Source: Spring Place

Neighborhood: Beverly Hills

Club Details: A mix between co-working space and social club, this Beverly Hills hotspot is a more exclusive version of similar clubs. Spring Place Beverly Hills spans three floors and offers a stunning art collection. The interior is filled with tons of natural light and has an intentional design that fuels members to harness some of their best work. Members also have access to luxurious dining and nightlife pop-ups that happen at Spring Place.

Membership Details: There is a non-refundable initiation fee of $500 and then local membership for people under 30 starts at $300 per month, while monthly membership for locals over 30 is $600.

Griffin Club

Image Source: Griffin Club

Neighborhood: Cheviot Hills

Club Details: Located in Cheviot Hills, Griffin Club LA is a sporty club with ample shared workspace. Following a $20M renovation in 2020, the club now boasts seven LED-lit tennis courts, four LED-lit pickleball courts, two recreational lap pools, a 25-meter family pool for kids, an adults-only resort pool, and childcare services. It's the ideal destination for a clientele looking to mix work with competitive sport.

Membership Details: Membership is by invitation only and is subject to approval. Membership prices at the club vary. A family membership entails a $12,000 initial fee plus a $450 monthly fee, while a junior membership only entails a $2,000 initiation fee and a $205 monthly fee.

Soho House West Hollywood

Image Source: Soho House West Hollywood

Neighborhood: West Hollywood

Club Details: Soho House West Hollywood provides a stylish and exclusive work and meeting destination, featuring chic meeting rooms and workspaces with panoramic views of Los Angeles. Combining luxury amenities with a creative atmosphere, it offers an ideal setting for networking, collaboration, productive sessions, and an amazing Sunday brunch!

Membership Details: Two current member referrals are needed, plus an online application, and a recent photo to confirm your identity. Quarterly memberships start at $675.25, but if you’re under 27, you can pay $337.75 quarterly. However, if you want access to every house, membership costs $5,250.00 annually, or $2,650.00 if you’re under 27.

Little Beach House Malibu

Image Source: Little Beach House Malibu

Neighborhood: Malibu

Club Details: The Little Beach House Malibu is a small, local club for the creative community of Malibu and the surrounding coastal areas. The club is known for its magnificent dining room, bar, sitting room and terrace. It is the perfect place for a truly memorable work meal.

Membership Details: Malibu Beach House is not included in the Soho House membership. If you are an existing member, you can apply for “Malibu Plus” for an additional $2,190 a year, or $1,095 if you’re under 27.

San Vicente Bungalows

Image Source: San Vicente Bungalows

Neighborhood: West Hollywood

Club Details: San Vicente Bungalows is an exclusive, members-only social club located in West Hollywood, California, offering a luxurious and private environment for its high-profile clientele. The club is renowned for its strict privacy policies, elegant decor, and high-end amenities, catering to celebrities (and royals) and industry elites seeking a discreet space to unwind and socialize.

Membership Details: You must be nominated by a current club member to apply. Applications are evaluated monthly and annual dues start at $4,200 plus a $1,800 initiation fee.

The Aster

Image Source: The Aster

Neighborhood: Hollywood

Club Details: The Aster, located at the iconic intersection of Hollywood Boulevard and Vine Street, redefines the modern members' club with its emphasis on warmth and hospitality, blending public hotel amenities with private club exclusivity. Featuring bright, airy spaces and top-notch facilities such as an outdoor pool, recording studio, and rooftop bar, it offers a fluid environment for work, relaxation, and socializing.

Membership Details: Memberships start at $3,600 per year and be acquired by filling out an application. In addition to uploading a photo, hopeful members also have to write a small bio while highlighting their interests, skills, profession, and hobbies.

NeueHouse

Image Source: NeueHouse

Neighborhood: Venice/Hollywood/DTLA

Club Details: NeueHouse in LA is a chic private workspace and cultural hub designed for creative professionals, offering sophisticated workspaces, a dynamic calendar of cultural programming, and luxurious amenities. Situated in three bustling neighborhoods across LA, it provides a collaborative environment where members can work, network, and unwind in style.

Membership Details: You have to apply for the Salon membership, which includes questions like “dream dinner guests (dead or alive?)." Annual dues for Salon memberships are $3,000 plus a $200 joining fee. You can also inquire about the Gallery membership for flexible workspaces and offices for individuals or teams, starting at $595 per month, with various options depending on your needs.

🧬🔬AI-Driven Drug Discovery

🔦 Spotlight

Terray Therapeutics is at the forefront of AI-assisted drug discovery and development, operating a cutting-edge laboratory in Monrovia, California. The facility, roughly two-thirds the size of a football field, functions as a data powerhouse, generating over 50 terabytes of raw data daily, which is an amount of information equivalent to 12,000 high definition movies, through its miniaturized automation processes.

Terray Therapeutics exemplifies a new wave of innovative companies harnessing artificial intelligence to revolutionize drug discovery and development. The key to their approach lies in generating vast amounts of high-quality experimental data to train their AI systems. This data-driven strategy enables rapid experimentation and pattern recognition, allowing the AI to make informed predictions about potential treatments. Terray's generative AI can digitally design drug molecules, which are then synthesized and tested in their high-speed automated laboratory. The platform measures the interaction between these molecules and target proteins, with both successful and unsuccessful results feeding back into the AI system.

This iterative process creates a powerful feedback loop, continuously refining the AI's predictive capabilities and accelerating the drug discovery process. Terray's tNova platform integrates chemical experimentation and computation at an unprecedented scale, producing massive amounts of precise, purpose-built data that becomes increasingly valuable with each cycle of design and experimentation. This unique blend of experimentation and computation allows Terray to efficiently explore a vast molecular space, potentially solving complex problems in drug discovery faster and more effectively than traditional methods.

🤝 Venture Deals

LA Companies

  • Fuze Technology, a provider of rentable portable phone chargers, has raised a $11.5M Series A led by Beverly Pacific and joined by Palm Tree Crew, Bain Capital Ventures Scout Fund, Dream Ventures, Live Nation, ASM Global, SCIENCE Ventures, Haslem Sports Group, and Simon Ventures. - learn more
  • Stanly, a platform that offers fan-to-fan and artist-to-fan communication and commerce, raised an $8M Funding Round led by C Capital and joined by AppWorks, Goodwater, and Palm Drive Capital. - learn more
  • GrayMatter, an industrial robotics company, raised a $45M Series B led by Wellington Management and joined by NGP Capital, Euclidean Capital, Advance Venture Partners, SQN Venture Partners, 3M Ventures, B Capital, Bow Capital, Calibrate Ventures, OCA Ventures, and Swift Ventures. - learn more

LA Venture Funds

LA Exits

  • Webtoon Entertainment, an online cartoon company based in LA carved out of South Korea's Naver, set IPO terms to 15m shares at $18-$21. It would have a $2.6b fully diluted market value, were it to price in the middle, and plans to list on the Nasdaq (WBTN). - learn more
  • EV maker Fisker has finally filed for bankruptcy. - learn more
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Sony Pictures Experiences Division Formed After Alamo Drafthouse Acquisition

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.

Sony Pictures Experiences Division Formed After Alamo Drafthouse Acquisition

🔦 Spotlight

Sony Pictures Entertainment has acquired Alamo Drafthouse Cinema in a groundbreaking deal that marks the first time in over 75 years a major Hollywood studio will own a movie theater chain. This acquisition signals a potential shift towards vertical integration in the film industry, with Sony gaining more control over the distribution and exhibition of its films.

The deal allows Sony to expand its presence in experiential entertainment, aligning with its vision of engaging audiences outside the home through unique offerings. Alamo Drafthouse's innovative dine-in movie experience, devoted fanbase, and curated programming like Fantastic Fest make it an appealing acquisition target. Sony stressed that Alamo will continue operating its 35 locations under CEO Michael Kustermann, who will head the new Sony Pictures Experiences division.

While the move provides financial backing for Alamo after its bankruptcy struggles, questions remain about whether the chain can maintain its independent spirit and personality under Sony's ownership. Alamo is renowned for creative programming like themed events, interactive screenings, and a strict no-talking policy that has cultivated a passionate community of moviegoers. Balancing this distinct identity with Sony's corporate interests will be a key challenge moving forward.

From a technological standpoint, this move opens up possibilities for Sony to enhance the moviegoing experience at Alamo Drafthouse locations through integration of advanced audiovisual systems, immersive technologies, and projection/sound solutions. In addition, Sony could create a more seamless and connected experience for moviegoers, such as through integrated ticketing platforms, mobile apps, and personalization driven by data analytics. While specific technological plans are not detailed, the combination of Sony's resources and Alamo Drafthouse's innovative approach could foster synergies and drive the development of new technologies to differentiate the theatrical experience further.

🤝 Venture Deals

LA Companies

  • Apex, a satellite bus maker, raised a $95M funding round co-led by XYZ VC and CRV joined by Upfront Ventures, 8VC, Toyota Ventures, Point72 Ventures and others. - learn more
  • Regard, a developer of AI tools to help medical providers synthesize patient data, raised a $30M Series B led by Oak HC/FT at a $350M valuation. - learn more
  • Daisy, a small business tech installation startup, raised an $11M Series A co-led by Goldcrest and Bungalow. - learn more
  • Pyte, a startup that allows companies in highly regulated industries like finance and healthcare to perform computations on encrypted data without ever decrypting it, raised a $5M Funding Round led by Myriad Venture Partners. - learn more

LA Venture Funds

LA Exits

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