Los Angeles is a city that is known for its bustling startup ecosystem, glitz, glamor and much more. It should then come as no surprise that there are a lot of top startups in Los Angeles. The ecosystem receives massive funding with $3.6 Billion being multiple times the global average figure. The ecosystem is also valued at $120 Billion, which is far more than the global average for startups.
The strength of the ecosystem is driven by the readily available pool of talent and education from multiple top universities in the world. The state also has great infrastructure in place to support the development of startups across LA and further afield in the state.
First Resonance is a Los Angeles startup that was founded in 2018 and is currently still based in the city. The company provides software solutions for the manufacturing sector that assists with making the process faster and implementing better tracking of the manufacturing process to improve quality.
Despite only being founded three years ago, the company has managed to attract an impressive sum of startup funding. In total, the startup has agreed deals with nine investors. These deals have led to the company bringing in a total of $5.3 Million.