
LaunchHouse
Description
LaunchHouse, based in Shaker Heights, Ohio, operated as a prominent lean business accelerator focused on fostering early-stage technology startups within the Midwest region. Established with the mission to provide comprehensive support beyond just capital, LaunchHouse offered a structured program encompassing education, mentorship, networking opportunities, and initial funding. Their model was designed to equip nascent companies with the foundational knowledge and connections necessary to scale and attract further investment.
The core of LaunchHouse's offering was its intensive accelerator program, typically spanning 12 weeks. During this period, selected startups received hands-on guidance from experienced mentors, access to a robust network of entrepreneurs and investors, and critical business education. A key component of their support was a standardized initial investment: participating companies typically received a $25,000 convertible note. This funding, often exchanged for a small equity stake, was intended to provide essential seed capital to help startups validate their concepts, build prototypes, and achieve initial traction.
LaunchHouse played a significant role in cultivating the entrepreneurial ecosystem in Northeast Ohio, aiming to bridge the gap between innovative ideas and viable businesses. By focusing on pre-seed and seed-stage companies, they helped de-risk early ventures and prepare them for subsequent funding rounds from angel investors and venture capitalists. Their commitment to a structured, hands-on approach, combined with strategic financial injections, positioned them as a vital resource for emerging companies looking to establish a strong foothold in the market.
Investor Profile
LaunchHouse has backed more than 41 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 2% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, Canada, Colombia.
- Strong thematic focus on Software, Mobile, Social Media.
- Typical check size: $25K.
Stage Focus
- Seed (93%)
- Pre Seed (5%)
- Series A (2%)
Country Focus
- United States (95%)
- Canada (2%)
- Colombia (2%)
Industry Focus
- Software
- Mobile
- Social Media
- Health Care
- Internet
- Artificial Intelligence (Ai)
- Enterprise Software
- Computer
- Fitness
- Content
Frequently Asked Questions
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