Get daily tech news in your inbox!
Curated by founders, makers and investors on AngelList.

A Surge in Seed Capital - Q2 2019 LA Seed Deal Report

Mike Panesis
Entrepreneur and Angel Investor. Chairman Emeritus of Board of...
A Surge in Seed Capital - Q2 2019 LA Seed Deal Report
A Surge in Seed Capital - Q2 2019 LA Seed Deal Report

Connor Sundberg shares the most recent update of our LA Seed Report, encompassing all seed funding to LA companies in Q2.

Kevin William David
Director of Community @angellist. No 1 Hunter on @product-hunt .

Below are a few key trends from LA Seed deal activity in Q2:

  • SaaS regained its position as the most-funded sector in LA by a margin, with 12 companies raising $30mm in funding.
  • BI deals continued their upward trajectory from last quarter, taking the top spot in category funding.
  • Both deals and dollars were up for the first time in the past year. Q2 saw growth of 27% in Seed-stage venture funding and an 11% rise in average deal size.
(edited)
Kevin William David
Director of Community @angellist. No 1 Hunter on @product-hunt .

@Connor Sundberg Interesting to see that SaaS is the most funded sector in LA. Which are the notable SaaS companies in LA?