This Week in ‘Raises’, Our Roundup of LA Startup Funding News

Molly Wright

Molly Wright is an intern for dot.LA. She previously edited the London School of Economics' student newspaper in the United Kingdom, interned for The Hollywood Reporter and was the blogging editor for UCLA's Daily Bruin.

This Week in ‘Raises’, Our Roundup of LA Startup Funding News
Photo by Viacheslav Bublyk on Unsplash

Raises is dot.LA’s weekly feature highlighting venture capital and startup funding news across the Los Angeles and Southern California tech and startup ecosystem. Please send any fundraising news and scoops to Molly Wright (


Venture Capital

Satellite radar imaging startup ICEYEraised $136 million in Series D funding led by Seraphim Space.

Adtech firm MNTNraised $119 million in Series D funding co-led by BlackRock and Fidelity.

Fleet management software Platform Scienceraised a $115 million Series C round led by SoftBank.

Protective eyewear startup Stogglesraised $40 million in growth equity led by The Chernin Group.

Healthy soda brand Olipopraised $30 million in Series B funding led by venture capital firm Monogram Partners.

Animation startup Spire Animation Studiosraised $20 million in funding led by Epic Games.

AMASS, which makes botanically-infused spirits and cocktails, raised $15 million in funding backed by investors including Derek Jeter, DJ Tiësto and Michael V. Lewis.

Startup accelerator Launch Houseraised $12 million in Series A funding led by Andreessen Horowitz general partner Andrew Chen.

Voyage SMS, a text message marketing startup, raised a $10 million funding round led by venture investors RiverPark and YorkIE.

Creator app Sunroomraised $3.6 million in seed funding backed by venture capital firm Blackbird and investors such as Li Jin, Cyan Bannister and Sarah Downey.

Creator Now, an online film school for YouTubers, raised $3 million in seed funding from investors including Upfront Ventures, Casey Neistat and Jack Conte.

Online jewlry retailer Gemistraised $3 million in a seed round led by Entrada Ventures and De Beers Group Ventures.

Publisher and marketing group The Golden State Company raised $2 million, according to an SEC filing.

Digital media marketing startup Greenfly raised $1.5 million, according to an SEC filing.


Hollywood-based MaC Venture Capital intends to raise up to $200 million for its second fund, according to an SEC filing.

Unlock Venture Partners has raised $62 million for a fund focused on seed-stage startups in L.A. and Seattle. Unlock is aiming to close the fund at $75 million.

Subscribe to our newsletter to catch every headline.


March Capital Raises $650 Million Fund to Invest in AI Startups

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College and previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Send tips or pitches to and find him on Twitter @Samsonamore.

March Capital Raises $650 Million Fund to Invest in AI Startups
March Capital founder Jamie Montgomery. Illustration by Dilara Mundy.

Santa Monica-based venture outfit March Capital announced Feb. 3 that it raised its largest fund to date, a $650 million investment vehicle that will be used to back up to 15 startups focused on delivering new uses of artificial intelligence.

Read moreShow less

The Three Best Ways to Work With Your Startup Board

Spencer Rascoff

Spencer Rascoff serves as executive chairman of dot.LA. He is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso and Supernova, and who served as Zillow's CEO for a decade. During Spencer's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003. Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in over 100 companies and is incubating several more.

The Three Best Ways to Work With Your Startup Board

When launching and running a startup, your board of directors is one of your most valuable assets. If you already understand why you need a board and how to structure your board, it may be tempting to think you can cross that item off the list. But building a board is just the beginning. Now you’ve got to get down to business—together.

Read moreShow less

This Week in ‘Raises’: Saviynt Lands $205M, Pagos Secures $34M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow 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.

This Week in ‘Raises’: Saviynt Lands $205M, Pagos Secures $34M
This Week in ‘Raises’:

While it was a slow week of funding in Los Angeles, security vendor Saviynt managed to score $205 million that will be used to meet the company’s growing demand for its converged identity platform and accelerate innovation.

Read moreShow less