About LAEDC
LAEDC is a Government & Social Sector company based in Los Angeles (United States) founded in 1981. Economic development is advanced by the non-profit in Los Angeles. Its chief executive, as recorded, is Bill Allen. Its website laedc.org draws about 16 thousand monthly visits. Its focus areas include Nonprofits and Foundations.
Company details
The Los Angeles Economic Development Corporation (LAEDC) was established in 1981 as a non-profit entity dedicated to fostering economic growth. Operations are centered in Los Angeles, United States, where initiatives in business attraction, workforce development, and regional planning are supported. Services include research, policy advocacy, and partnerships with public and private sectors to enhance economic vitality. Leadership is provided by CEO Bill Allen, guiding efforts across the local economy.
- Latest Funding Round$1.25M (USD), Grant
Jun 2021
- InvestorsWells Fargo
& 1 more
Funding Insights of LAEDC
- Total Rounds 2
- Last Round Grant — $1.25M
- First Round $250,000
(Sep 2009)
- Investors Count 2
All 2 funding rounds of LAEDC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $1.25M | Grant | – | – | |
| Sep 2009 | $250,000 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in LAEDC
LAEDC has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Wells Fargo and National Oceanic and Atmospheric Administration.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diverse financial services and online banking are provided to clients. | 1852 | wellsfargo.com | San Francisco, United States | |
| noaa.gov |
Investor details for LAEDC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of LAEDC
111 people are tracked at LAEDC (19 in leadership, 71 in board & advisors, 21 in team).
| Name | Role | Group |
|---|---|---|
Bill Allen | CEO | Leadership |
Barbara Levine | District Director | Leadership |
Michael Weintraub | Director | Leadership |
Amos Himmelstein | COO | Leadership |
Luis Patiño | President And General Manager, Univision Local Media Group | Leadership |
Rudy B. Medina | President, Southern California Market, U.s. Bank | Leadership |
Cynthia Coulter | Executive Vice President | Leadership |
Nancy Anderson Bolton | Vice President, Corporate Affairs | Leadership |
Julia Gonzalez | Community & Economic Development Deputy Director | Leadership |
Kendal Turner | CFO & EVP | Leadership |
William C. Allen | CEO & President | Leadership |
Sonia Estrada | Director of Accounting | Leadership |
Josaline Cuesta | Director Of Outreach, Government Affairs And Policy | Leadership |
Melissa Kham | VP, Strategic Relations | Leadership |
Stephen Cheung | COO, LAEDC & President, WTCLA | Leadership |
Janice Levy | Director of Strategic Relations | Leadership |
Shannon Sedgwick | Senior Director, Institute For Applied Economics | Leadership |
Veronica Pugin | Vp, Industry, Trade, And Business | Leadership |
Lilit Zibari | Senior Vp, Kaiser Permanente West Los Angeles | Leadership |
Rene Salas | Board Member | Board & advisors |
91 more people are available in the full profile.
Complete people profiles for LAEDC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of LAEDC
3 dated milestones of LAEDC across 40 years, from founding to its latest funding, stage changes and deals.
- Founded LAEDC is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Grant, of $1.2M.
Web traffic of LAEDC
The website of LAEDC (laedc.org) receives about 16.1K visits a month.
- Monthly visits16.1K
▲ 11.2% vs previous month
Websites whose visitors overlap most with LAEDC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
lachamber.com | lachamber.com | 100% | #1,755,742 | – | |
| blankspaces.com | 92% | 6.2K | #2,728,212 | View details | |
| caled.org | 88% | 9K | #2,554,070 | View details | |
kedc.com | kedc.com | 86% | – | ||
vedc.org | vedc.org | 85% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for LAEDC
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Foundations
3 companies that operate in the same segment as LAEDC (Foundations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Humanitarian services are provided by UNICEF in developing countries. | 1946 | United States | ||||
Research institute for improving the human condition by turning knowledge into practice | 1958 | United States | USD 7.84 M | 92 | ||
Poverty eradication efforts are coordinated by Global Citizen foundation. | 2008 | New York, New York, United States | USD 35 M |
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Frequently Asked Questions about LAEDC
LAEDC was founded in 1981 and raised its 1st funding round 28 years after it was founded.
LAEDC is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Bill Allen is the CEO of LAEDC, as recorded in our data.
The Los Angeles Economic Development Corporation (LAEDC) was established in 1981 as a non-profit entity dedicated to fostering economic growth. Operations are centered in Los Angeles, United States, where initiatives in business attraction, workforce development, and regional planning are supported. Services include research, policy advocacy, and partnerships with public and private sectors to enhance economic vitality. Leadership is provided by CEO Bill Allen, guiding efforts across the local economy.
LAEDC has 2 investors. Key investors include Wells Fargo, and National Oceanic and Atmospheric Administration.