Home to Hollywood and a rapidly evolving startup ecosystem, Los Angeles is a force to be reckoned with globally in terms of its startup potentials. A city that offers the best of professional and personal lives, the tinsel town has given the world some of the top Los Angeles startups to watch out for in 2019.
There are more than 1,800 startups in the city, with the tech sector sector claiming most of them. Close to 260 Los Angeles based startups participated in funding activities this year.? Some of the highly funded startups from this year are being touted as the top Los Angeles startups to watch out for in 2019.? Here are ten of those startups that look promising and expected to show fantastic growth in 2019.
The top Los Angeles startups to watch out for in 2019.
Quibi
The first city in this list of top Los Angeles startups to watch out for in 2019 is Quibi. The company was christened n October 2018 making it one of the newest startups on the block. The company offers a mobile-first media platform. Formerly known as NewTV, the Los Angeles-based startup is led by Jeffrey Katzenberg and Meg Whitman, veterans in Hollywood and Silicon Valley respectively. The entertainment tech startup started with a bang and has already secured $1 billion in funding through a private equity round. Quibi?s first round of investment has got the industry all excited with experts waiting to see how the company fares next year with the investments it got making it one of the top Los Angeles startups to watch out for in 2019.
Know more about this top startup from Los Angeles.
Website: www.quibi.com
LinkedIn: www.linkedin.com/company/quibi-mobiletv
Wag
Wag is an on-demand dog walking service provider app that was established by Joshua Viner and Jaso Meltzer in 2014. This top startup from Los Angeles has leveraged technology to offer unique services that are aimed at making the lives of dog owners simpler. Investments worth $361.5 million have been made into this top Los Angeles-based startup from 6 funding rounds till date. In January 2018, SoftBank Vision fund invested $300 million in the company in an unknown series round.? The company has seen a rise in the number of users over the years and has active users all over the US who trust this Los Angeles-based startup for taking care of their dog walking needs.
Know more about this top startup from Los Angeles.
Website:? www.wagwalking.com
LinkedIn: www.linkedin.com/company/wag-labs-inc-
Twitter: www.twitter.com/wagwalking
Goop
Another one of the top Los Angeles startups to watch out for in 2019 is Goop, a lifestyle tech startup. Founded by Hollywood royalty, Gwyneth Paltrow in 2008, the startup has had three head-turning funding rounds till date that has helped the Los Angeles-based startup secure $75 million so far. The Series C round of funding for Goop was completed earlier this year through which the startup secured $50 million. The investors who participated in this round included Felix Capital, Lightspeed, and NEA.? This top startup from Los Angeles is a lifestyle ecommerce website covering everything in beauty, home, fashion and wellness. Goop?s impressive growth from being a newsletter to a successfully growing ecommerce player is what makes it one of the top startup to watch out for in 2019.
Know more about this top startup from Los Angeles.
Website:? www.goop.com
LinkedIn: www.linkedin.com/company/goop-
Twitter: www.twitter.com/Goop
Cloud9
Cloud9 is an e-sports gaming startup that began in 2013 and was founded by Jack and Paullie Etienne.? This one of kind family run Los Angeles based startup has attracted investments worth $73 million through three funding rounds so far. The most recent round was last month in October 2018, when this top startup from Los Angeles secured $50 million in Series B round of funding. Led by Valor Equity Partners, the round saw the participation of other investors that included Reimagined ventures, TrueBridge Capital Partners, and Robert Hohman, Glassdoor founder. The Los Angeles-based startup plans to direct its recent investments in expanding the team and plans to set a practice hub for its esports gaming teams in Los Angeles.
Know more about this top startup from Los Angeles.
Website:? www.cloud9.gg
LinkedIn: www.linkedin.com/company/cloud9-esports
Twitter: www.twitter.com/Cloud9
Factual
Founded in 2008 by Gil Elbaz, Factual is one of the top Los Angeles startups to watch for in 2019. It is a data location startup that is aiming to improve aspects of business and manufacturing with the help of accurate and comprehensive data that it has gathered. This top startup from Los Angeles has completed four funding rounds till date and has got a total investment of $104 million. Factual is looking forward to expanding the company’s operations to the Asia-Pacific region. It plans to use the proceeds of $42 million from its recent funding round to do so making it one of the top Los Angeles startups to watch out for in 2019.
Know more about this top startup from Los Angeles.
Website:? www.factual.com
LinkedIn: www.linkedin.com/company/factual-inc
Twitter: www.twitter.com/factual
Relativity Space
Relativity Space is an innovative 3D technology Los Angeles-based startup that has garnered a lot of attention for its development and creation of space rockets, entirely using 3D technology. The one of a kind Avante garde business idea was translated to a successful startup by Tim Ellis and Jordan Noone in 2016. The idea has attracted several investors to the company making it one of the top Los Angeles startups to watch out for in 2019. In March 2018, the company raised $35 through venture capital funding, bringing the total investments secured by this top startup in Los Angeles to $45.1 million.? The startup aims to expand its team and its facilities with this newly acquired fund.
Know more about this top startup from Los Angeles.
Website:? www.relativityspace.com
LinkedIn: www.linkedin.com/company/relativity
Twitter: www.twitter.com/relativityspace
PlayVS
PlayVS is an esports league company founded by Delane Parnell in 2017 to encourage esports at a high school level. The company has raised $46 million in less than two years of establishment and is one of the top Los Angeles startups to watch out for in 2019. The startup is facilitating the participation of high school students in esports gaming activities at the state championship level with its out of the box platform and infrastructure. This top startup from Los Angeles is an important player in the city?s gaming sub-sector. PlayVS has completed two rounds of funding so far.? The company raised $15 million in Series A round of funding held in mid-2018 and $30.5 million in Series B which was held in November 2018. Series B round was led by Elysian Park Ventures and saw the participation of 12 other investors including Adidas, New Enterprise Associates, and Samsung NEXT. PlayVS?s growing popularity in the investors? community makes it one of the top Los Angeles startups to watch out for in 2019.
Know more about this top startup from Los Angeles.
Website:? www.playvs.com
LinkedIn: www.linkedin.com/company/playversus
Twitter: www.twitter.com/playvs
RingDNA
Founded by Howard Brown in 2012, RingDNA offers software that helps enterprises automate the voice and sales acceleration processes. This top startup from Los Angeles has raised $35.6 million from five funding rounds.? The Saas company raised $30 million through a growth equity round recently which was led by Goldman Sachs? Growth Equity. RingDNA secured a place among the top Los Angeles startups to watch out for in 2019 when it introduced its new conversation data tool.? The innovative software company counts? Hewlett Packard Enterprise, NetApp, testdroid, Campaign Monitor, and Lease Advisors in its growing list of client companies.
Know more about this top startup from Los Angeles.
Website:? www.ringdna.com
LinkedIn: www.linkedin.com/company/ringdna
Twitter: www.twitter.com/ringdna
ShipChain
This Los Angeles based startup is touted to become one of the leading blockchain based businesses in the city. ShipChain is an emerging blockchain logistics and freight company that was the brainchild of John Monarch who is also the CEO of the company.? The startup was set up in mid-2017 and has brought about a new approach to running shipping and freight processes by developing a blockchain based platform. The company?s innovative platform and the funding it received this year for it has made? ShipChain one of the top Los Angeles Startups to watch out for in 2019. ?The company raised $30 million this year and is growing at a fast pace.
Know more about this top startup from Los Angeles.
Website: www.shipchain.io
LinkedIn: www.linkedin.com/company/shipchain
Twitter: www.twitter.com/shipchain
Second Spectrum
Second Spectrum was founded in 2013 with an aim to make sports more advanced with the use of machine learning, big data, and virtual and augmented tools. Its trailblazing services have made it one of the top startup in Los Angeles.? The founders of this promising startup are Yu-Han Chang, Rajiv Maheswaran, and Jeff Su. So far, this Los Angeles-based startup has raised $20.1 million from three rounds of funding, with the most recent one held in 2018. Second Spectrum offers a range of exciting platforms for sports teams and fans that have taken up the experience of watching or playing any sport several notches higher.
Know more about this top startup from Los Angeles.
Website: www.secondspectrum.com
LinkedIn: www.linkedin.com/company/second-spectrum
Twitter: www.twitter.com/SecondSpectrum
In 2018, Los Angeles-based startups from sectors like gaming, e-commerce, digital media, and data services took the lead among the technology-based startups which took part in funding activities this year. The investments raised have put these companies in the spotlight making them some of the top Los Angeles startups to watch out for in 2019.