Founded in 2020, Launch House is a startup community that’s designed to help founders grow and thrive in the Silicon Valley area. The founders, Jacob Peters, Michael Houck, and Brett Goldstein recently debuted their new multimillion-dollar fund, House Capital, which allows them to invest in early-stage companies within their community.
Launch House secured its funding through a number of different avenues—from general and limited partners to a wealth of other funds. House Capital was designed to help them make deals with promising new companies they discover. When they believe they have found the right fit, the fund will invest as much as $150,000 per deal.
In addition to funding new startups they believe in, House Capital will also invest much of the fund’s returns back into Launch House. This will help them broaden the reach of the programs they can offer to their members.
When House Capital decides to back a startup, they offer the company’s founders a lifetime membership in Launch House, providing them access to all the communities resources, amenities, fundraising support, and more.
Launch House is a place where members can build their startups while getting support and advice from other members. The community operates on a membership-fee model, and there are plenty of digital and physical events for community members to participate in. Members can also access digital cohorts as well as the House’s proprietary social networks.
When they designed their community, the partners knew the tech world revolved around the Bay Area. But once the pandemic hit, they also realized things were changing. Houck himself lived in Mexico for a while as he helped design the company.
From the beginning in Mexico, the three realized that innovation could happen anywhere as long as you get the right people together.
They have team members in California, New York, and online. This allows everyone around the globe to participate.