GOAT, Wag Labs Rank Among the Nation's Top 100 Largest Consumer Startups

Joe Bel Bruno
Joe Bel Bruno is dot.LA's editor in chief, overseeing newsroom operations and the organization's editorial team. He joins after serving as managing editor of Variety magazine and as senior leadership in spots at the Los Angeles Times, Wall Street Journal and Associated Press. He's a veteran journalist that loves breaking big stories, living back in L.A., a good burrito and his dog Gladys — not necessarily in that order.
GOAT, Wag Labs Rank Among the Nation's Top 100 Largest Consumer Startups

Six Los Angeles area startups made venture capital firm Andreessen Horowitz's ranking of the top 100 largest and fastest-growing consumer startups and private companies.

Topping the rankings were some of the usual suspects, including Airbnb, Doordash, Postmates, and Instacart. The VC firm labeled them as "some of the most impactful companies in the word economy."


Among the firm's findings is that a small number of marketplace startups — the list's top four — accounted for 76% of consumer spending. And travel, food, and groceries accounted for the largest categories.

"Several emerging categories are intriguing, including local indie brands, celebrity shout-outs, streetwear, fitness memberships, and even car washes," according to the report. "The fastest growing marketplaces are growing really fast — 3x to 5x year-over-year."

Among the Los Angeles startups to make the list:

  • GOAT, an online retailer for sneakers and other apparel, ranked No. 16 on the list. The Culver City-based company has some 12 million members and boasts an inventory of 800,000 vintage shoes.
  • Wag, the dog walking app considered to be the Uber for pets, ranked No. 24 on the list. The West Hollywood-based company announced last year it landed a $300 million investment from Softbank's Vision Fund.
  • Atom Tickets, which uses an app and its website to sell movie tickets and other services, ranked No. 25 on the list. The Santa Monica-based company has a roster of top Hollywood financial backers that includes Walt Disney Co., 20th Century Fox, and Lionsgate.
  • Tradesy, an online resale marketplace for buying and selling women's clothes, ranked No. 37 on the list. The Santa Monica-based company counts Kleiner Perkins Caufield & Beyers and Richard Branson as investors.
  • ResortPass, an online booking platform for access to hotels for the pool, spa, fitness, and amenities, came in at No. 71 on the list. The Santa Monica-based company has raised about $13 million to date, according to Pitchbook.
  • Bloomnation, an online floral marketplace, ranked No. 92 on the list. The Santa Monica-based company is considered an "Etsy-like" platform where 3,500 florists deliver to nearly 5,000 cities.

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LA Tech ‘Moves’: Mapp Gains New CPO and CTO, Prodoscore Taps Boeing Exec

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.

LA Tech ‘Moves’: Mapp Gains New CPO and CTO, Prodoscore Taps Boeing Exec
LA Tech ‘Moves’:

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

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This Week in ‘Raises’: GITAI Lands $30M, Steno Gains $15M

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.

Raises
Image by Joshua Letona

A local space robotics startup raised fresh funding to expand the flight model manufacturing facilities throughout the U.S. and increase employment, while a remote litigation platform raised more funding to continue growing its footprint in new markets across the country, develop service channels for its clients and continue expanding its tech team.

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Gitai Secures $30 Million in Funding to Continue Space Robotics Developments

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

Gitai Secures $30 Million in Funding to Continue Space Robotics Developments
\u200bPhoto: Gitai

Space robotics company Gitai raised a $30 million Series B extension this week, bringing the total value of the round to roughly $47 million.

The funding will be used to further develop Gitai’s suite of space robots as well as build out its manufacturing footprint in Torrance. Previously Gitai announced it raised a $17.1 million Series B in March 2021; this additional raise is still part of that round.

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