upfront ventures

  • Imbellus raises $4 million for better candidate screening

    Imbellus raises $4 million for better candidate screening

    Does a stellar SAT score and a perfect GPA mean that you’re the right candidate for the job? Not necessarily, according to Rebecca Kantar, founder of Imbellus. She believes her team has a new method for assessing the characteristics that will help you succeed in business. And Upfront Ventures, Thrive Capital, GLG and Ashton Kutcher’s Sound Ventures are betting $4 million that she… Read More

  • GOAT raises $5 million to help sneakerheads buy and sell covetable kicks

    GOAT raises $5 million to help sneakerheads buy and sell covetable kicks

    Los Angeles startup GOAT (incorporated as 1661 Inc.) has raised $5 million in new venture funding to grow its mobile-only marketplace for used and collectible sneakers. The GOAT app features everything from Adidas’ Yeezys to Nike’s Jordans and Flyknits, in men’s or women’s sizes, new and used condition. Instead of operating like an open marketplace such as E-bay, letgo… Read More

  • Upfront Ventures gets a new GP: Kobie Fuller

    Upfront Ventures gets a new GP: Kobie Fuller

    Kobie Fuller, who has worked as a principal with Accel Partners since 2013, is joining L.A.-based Upfront Ventures as a general partner. Previously, Fuller was CMO at Revolve, a fashion-e-commerce company in L.A. He also spent several years as an associate with Insight Venture Partners earlier in his career. According to Upfront’s managing partner Mark Suster, Fuller had led investments… Read More

  • Loot Crate, the subscription startup for fans and geeks, raises $18.5M

    Loot Crate, the subscription startup for fans and geeks, raises $18.5M

    Geeky commerce startup Loot Crate is announcing that it has raised $18.5 million in Series A funding. The round was led by Upfront Ventures, with participation from Breakwater Investment Management, Time Inc., Downey Ventures (startup investment arm of Team Downey, the production company founded by Robert Downey Jr. and Susan Downey), M13 and Sterling.VC. When you subscribe to Loot Crate, you… Read More

  • Bill Gurley doesn’t think these giant new funds are such a great idea

    Bill Gurley doesn’t think these giant new funds are such a great idea

    “It’s not just the size of the funds but the velocity” at which VCs are returning to their investors, known as limited partners (or LPs), says an astonished Bill Gurley of the venture firm Benchmark. “The Kauffman fund said that billion dollar funds sucked, then everybody went out and raised billion-dollar funds.” Gurley is referring to a 2012 Kauffman… Read More

  • MakeSpace Raises $17.5 Million For Hassle-Free Storage Units

    MakeSpace Raises $17.5 Million For Hassle-Free Storage Units

    New York-based MakeSpace has secured $17.5 million in funding to accelerate growth in their self-storage business. The startup markets itself as a convenient alternative to traditional storage, by making it easy to access your items without ever taking a trip to the facility. MakeSpace offers competitive pricing and guarantees that the rates will never increase. MakeSpace enables free pickups… Read More

  • Mark Suster On Falling Valuations And LA’s Tech Scene

    TechCrunch sat down with Mark Suster, managing partner at Upfront Ventures. One of the most active investors in Los Angeles, Suster spoke of how local startups are able to draw upon the city’s creative talent to bring content, commerce and communication platforms to the next level. He also commented on falling tech valuations. “By any definition we’ve been in a funding… Read More

  • CognitiveLogic Raises $3M To Help Enterprises Pool Big Data While Keeping Privacy Intact

    CognitiveLogic Raises $3M To Help Enterprises Pool Big Data While Keeping Privacy Intact

    DataSift made a name for itself as a company that took large unstructured datasets — such as anonymised firehoses from social media services like Facebook (and previously, Twitter) and ordered them in a way for enterprises and brands to get a better idea of consumer preferences and other insights. Now Nick Halstead, the person who founded and led DataSift but left the role in… Read More

  • Health-Centric Food Delivery Service Power Supply Raises $5M Seed Round

    Health-Centric Food Delivery Service Power Supply Raises $5M Seed Round

    Power Supply, one of the growing number of food delivery services, today announced that it has raised a $5 million seed round led by Upfront Ventures. Other investors include Hanson Li (Saison, Locol), former Blackboard CEO Michael Chasen, health expert Mark Sisson, former Fresh Direct CMO Drew Koven, Alan Bankier and The Motley Fool. Read More