USA – Launch House, a Los Angeles CA-based company focused on creating a multidimensional social space for founders, engineers, creators, and others, raised $12M in Series A funding.
The round was led by Andreessen Horowitz with participation from Michael Ovitz, Electric Ant (Chris Ovitz), 6th Man Ventures (Mike Dudas), and Ryan Sean Adams. Launch House is a community that aims to facilitate physical and digital spaces for collaboration, learning, and growth. It is built to help talented people achieve success & fulfillment — two pillars of both personal and professional growth. Through curated, intimate cohorts of high-potential individuals in gorgeous physical and digital spaces, Launch House fosters career acceleration and authentic, deep bonds rather than transactional relationships.With the funding, Launch House plans to double-down on its community, expanding its Residency program to additional cities around the globe, and growing the metaverse location. Additionally, the brand plans to launch more verticals, like Hack House (for engineers), to grow the community while still creating separate intimate spaces for the different roles of the startup world. In addition to growing the ongoing programming, Launch House will debut in 2022 their global retreats; software products to assist with fundraising, hiring and distribution; and launching the first space for the startup world in the metaverse.The company currently has locations in Los Angeles, New York City, and the metaverse.01/02/2022
