Latamforce’s Hottest L.A. Startup Picks
In Los Angeles, startup scenes started booming in 2022 with venture funding and valuations, even as the pandemic continued to worsen and rattle the economy. The results of many startups continued to build and skyrocket big time, changing the game and paving the way for a bright future in the city’s startup scene.
Without further ado, here are our hottest L.A. startups that we have our eyes on in 2022.
01.
Whatnot is a livestreaming shopping platform for Marina del Rey for collectors to buy and sell things like rare Pokemon cards and Funko Pops, raising $220 million across three separate funding rounds in 2021, on the way to a whopping $1.5 billion valuation.
02.
Boulevard’s backers focuses on B2B software startups. Boulevard builds booking and payment software for salons and spas. The firm has worked with prominent brands such as Toni & Guy and HeyDay and raised $40.3 million.
03.
VideoAmp is a software and data company that creates a data-driven advertising ecosystem that redefines how media is valued, bought, and sold. Its platform unifies audiences across traditional TV, streaming video, and digital media with the ability to connect media exposures to an advertiser’s sales.
In addition to venture funding, its total funding figure includes more than $165 million in debt financing.
04.
Open Raven is a developer of data security tools. Open Raven is the modern data security platform that brings visibility and control to an organization’s data protection program.
The startup was founded by Mark Curphey, former chief product officer from CrowdStrike, and it has raised $15 million in Series A funding from investors including Kleiner Perkins and Upfront Ventures.
05.
GOAT launched in 2015 as a marketplace to help sneakerheads authenticate used Air Jordans and other collectible shoes. It has since grown at a prolific rate, expanding into apparel and accessories and exceeding $2 billion in merchandise sales in 2020. The startup sealed a $195 million funding round last summer that more than doubled its valuation, to $3.7 billion.
These are just a few of the hottest LA startups to watch in 2022.
With endless talent and potential in the city, it’s no wonder why LA continues to be a leading hub for startups and tech innovation.
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