Built In LA: Panoramic Named to Top 50 Startups to Watch in 2020
By almost all estimates, Los Angeles tech had an incredible 2019.
The city’s tech companies attracted gobs of venture capital funding, with the 10 largest rounds of the year accounting for over $1.5 billion in new money. While things were slow on the IPO front, Beyond Meat managed to smash Wall Street expectations when it went public in early May. Then there were the tech giants that opened new LA offices, which include Google, Apple and Netflix.
Of course, the health of LA’s tech ecosystem can’t be measured entirely by the success of its biggest companies. To get the full story, it’s necessary to take a step back and look at how the city’s smallest and youngest startups are doing to see just how healthy LA’s tech ecosystem is.
In fact, many of the city’s youngest startups are thriving and making their marks across a wide variety of industries, including fintech, robotics and logistics. Some of these companies have quickly found their footing, raising millions in funding and rapidly scaling their teams. Others are still bootstrapped and count only their co-founders as full-time employees.
In this report you’ll find 50 startups, all founded within the past three years, hand-selected by the Built In LA team for their potential to make an impact on both their industries and the city’s tech scene in 2020 — and beyond.
Read the full article here.