The Los Angeles tech world never stops spinning. Keep reading to find out who is going public and what these companies have in store for the future. This is the Built In LA weekly refresh.
Grindr is going public. Grindr, the social networking and dating app for the LGBTQ+ community, announced it has entered a definitive agreement to merge with Tiga Acquisition Corp., a special purpose acquisition company, to go public and raise $384 million. The deal values the company at $2.1 billion. [Built In LA]
Bird unveiled new parking technology. Bird’s new Visual Parking System allows the app to locate parked scooters with increased accuracy. With heightened location awareness, the app can tell if users need to adjust the scooter to adhere to local parking rules. [BusinessWire]
LOS ANGELES TECH QUOTE OF THE WEEK
Future 5: Superjoi is changing the content creator economy. Superjoi is a platform for content creators, but it also allows fans to fund the creators. Fans are able to make the content with their favorite creators, and “superfans” can receive exclusive rewards. A public launch of this app is expected in the summer. [Built In LA]
Performio added to its executive team. Performio provides software to manage sales commissions. The company announced the addition of Chief Revenue Officer Neil Graham and Chief Technology Officer Dmitri Korablev. Both bring years of experience to the team. [PR Newswire]
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