United States

Los Angeles

Attraction Phase

We built a rock hard community, and seeing LA now, as one of the top startup cities in the world, is a testament to the power of community.

Cam Kashani
Cofounder and CEO at COACCEL: The Human Accelerator

Sub-sector Strengths

Life Sciences

Life Sciences companies from the Los Angeles ecosystem employ 122,000 people. The ecosystem also houses Amgen, the world’s largest biotech company, and more than 10 Life Sciences-focused incubators. Radiology Partners, a healthcare service company, raised $234 million in venture capital in 2018.

Adtech

Regional companies’ ad spending stood at $9.1 billion in 2018, representing 48% of California’s total. Ad buying company The Trade Desk went public in 2016 with a valuation of $1.1 billion. Centerfield, an Adtech and search engine marketing company, raised $156 million in venture capital in 2017.

Gaming

Major global gaming companies are headquartered in Los Angeles, including Riot Games, Activision Blizzard, and ESL Gaming (North America). In 2017, Respawn Entertainment, an independent video game development studio, was acquired by Electronic Arts for $455 million. In 2019, mobile gaming company Jam City raised $145 million.

Why you should invest in Los Angeles

SOFTWARE STARTUP OUTPUT
3.9 k-5.3 k
GLOBAL AVG.
1,010
ECOSYSTEM VALUE
$57 bn
GLOBAL AVG.
$5 bn
#3 Global Ecosystem
Adtech
#4 Global Ecosystem
Gaming
4
Exit Growth
INDEX
6
Output Growth
INDEX
4
Funding Growth
INDEX

Reasons to move your startup to Los Angeles

EARLY-STAGE FUNDING PER STARTUP
$462 k
GLOBAL AVG.
$284 k
TOTAL EARLY-STAGE FUNDING
$2,500 m
GLOBAL AVG.
$837 m
SOFTWARE ENGINEER SALARY
$97 k
GLOBAL AVG.
$58.3 k

World-class universities

Southern California has 11 research universities including Caltech, UCLA, and USC. According to a 2017 Milken Institute study, 5 Southern California universities rank among the top 20 U.S. universities in terms of producing patents.

Pool of success

With recent successes such as Snap, Tinder, Bird, and Dollar Shave Club, the region offers a deep pool of experienced founders, employees, and investors.

Startup Community

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