🦄 Launch House: Communities for ambitious builders

• Raised $12 million Series A round with investors like a16z, 6th Man Ventures, Electric Ant, and angels like Michael Ovitz (founder of CAA) and Ryan Sean Adams (founder of Bankless)
• Previously raised $3 million seed with investors like Flybridge, Graph Ventures, Day One Ventures, and angels like Balaji Srinivasan, Alexia Bonatsos, and Mike Duboe
• Over 500 Launch House members (all of whom have participated in at least one program), with thousands of attendees to public events over the past 18 months

Walking into Launch House for the first time is a memorable experience. Between the resident activity, the lively events, and the bright neon Launch House sign in the middle of it all, it’s hard not to feel the energy of the unique community Launch House is trying to build. Indeed, this was how we felt when we visited last summer, not too long before the company announced its seed round in August 2021. While Launch House isn’t the only co-living program for ambitious builders out there (nor is it the first), it stands out for two reasons. First, its highly-tailored programs are almost like a combined accelerator and co-living opportunity, allowing each person to have a pretty flexible Launch House experience. Second, the lasting community and event access included in its membership can prove to be valuable, as it did, for instance, with Bookface for Y Combinator for instance. More recently, the expansion of its programs remotely into the “metaverse” has opened the door for others to participate without having to relocate. Is it all sustainable, though? Community-based programs and startups are thriving, and if Launch House positions itself correctly, it too will take advantage of that trend. Per SEC filings, the company is also raising a $10 million VC fund to invest in companies, so there are many possibilities for what lies next.