Launch House is a community and multidimensional social space that runs curated, month-long cohorts for founders, engineers, creators and other builders. Its programs combine in-person and digital experiences, with 16 programs run out of Beverly Hills and New York to date and a metaverse location launching soon. Selection is competitive, with about 20 members chosen per cohort, and community members have gone on to raise capital from top investors, launch viral products, and grow audiences into the millions. The company announced a $12 million Series A led by Andrew Chen of Andreessen Horowitz. With the funding, Launch House plans to expand its Residency program to additional cities globally, grow its metaverse location, launch verticals like Hack House for engineers, debut global retreats in 2022, and build software products to assist with fundraising, hiring, and distribution. Its stated mission is to build institutions for a shifting “New Silicon Valley” focused on Gen Z/young millennial founders, web3, and distributed startup ecosystems. Launch House began as a rented home in Tulum in May 2020 and has evolved into a cohort-based residency program plus a broader digital community and services for founders. It runs four-week, live-in residencies (recently hosted at a Beverly Hills mansion) that onboard members into an ongoing membership network of events, services, and in-house social features. To date, over 200 people across eight cohorts have participated, and the company reports cohort diversity metrics (past cohorts with ~40% underrepresented founders; the current cohort ~25% POC). Launch House does not take equity in startups that emerge from the community; it earns revenue through a membership-fee model where live-in residents receive a one-year free membership and then convert to an annual subscription. The company has launched a Diversity Council, a scholarship program that dispersed $20,000 in two months, and hired staff to build partnerships with underrepresented founder communities. Planned expansion includes LA- and NYC-specific programs and sector-focused residencies for Web3, fintech, B2B enterprise, and the creator economy, alongside a bigger push into digital offerings.

Total raised

$15M

Funding rounds

2

Latest round

Series A

Latest activity

Feb 2022