Launch House Launches Venture Arm and $10M Fund

House_Capital

Launch House, a Los Angeles, CA-based exclusive membership community focused on connecting and supporting top entrepreneurs, has launched a venture arm called House Capital and its $10 million debut fund.

House Capital’s Limited Partnership base includes a wide variety of individuals across the tech and entertainment ecosystem. LPs include the co-founders of Dropbox, YouTube, and Riot Games, as well as Michael Ovitz, Peter Hollens, Serena Williams, and C-level operators from Polygon Studios. The firm also counts GPs from other funds among its LPs including Andrew Chen and Sriram Krishnan from a16z, Rick Yang from NEA, and James Currier from NFX. Creators including Peter Hollens and Bored Elon Musk round out the group.

Founded by Michael Houck, Brett Goldstein, and Jacob Peters, House Capital focuses on backing companies in the Launch House community as well as other high-growth, early stage startups. It has already co-invested alongside top-tier lead investors such as a16z, Sequoia, Paradigm, and Y Combinator. Founders of startups that the arm invests in will get lifetime membership to the Launch House community, and full access to community amenities including fundraising support, digital cohort-based cohorts, and exclusive in-person residencies and retreats around the world.

Since inception in January 2022, the firm has invested in a number of companies at the Pre-Seed and Seed stages including Coinbooks, Ghost Financial, Anja Health and more.

FinSMEs

29/07/2022