Launch House is excited to announce House Capital, our new venture arm. We’re making a big bet on the future of entrepreneurship and the startup ecosystem, and we’re thrilled to have you along for the ride. With a focus on technology and healthcare, House Capital will venture into early-stage businesses across various industries.
Details about House Capital
The venture division of Cleveland, Ohio-based startup incubator is called House Capital. It has been in operation for five years and has aided the launch of more than 100 enterprises. They are making their first foray into venture financing.
Goal of House Capital
The goal of House Capital is to provide entrepreneurs with the resources they need to succeed. The fund will be managed by Launch House co-founder and CEO Todd Murphy and seed-funded by local angel investors. They will invest in companies with high potential and are committed to impacting their industries. Additionally, they want to work with companies with strong teams and are passionate about their work.
Launch House has a proven track record of helping startups grow and scale, and they hope to continue this success with House Capital. It comprises two underlying funds: a traditional venture partnership and a vehicle that allows the company to seek investment from additional accredited, limited partners. Over the past year, Weekend Fund and Earnest Capital have raised millions of dollars from the general public as part of a bigger movement.
On the other hand, House Capital is one of many ventures’ capital companies with a more neighborhood-focused strategy.
This new initiative will allow Launch House to have an even greater and more massive impact on the startup ecosystem and the community. We are thrilled to be able to invest in and support the next generation of entrepreneurs who are changing the world.
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Learn more about Launch House on https://www.coindesk.com/business/2022/02/01/launch-house-raises-12m-series-a-for-new-age-hacker-houses