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Launchpad LA Receives VC Funding: $50,000 Per Startup

Both Sides of the Table

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. Of these 19 have received funding (10 have received significant amounts of VC funding) and 5 have been acquired (2 for more than $30 million).

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Launchpad LA – More Details Revealed

Both Sides of the Table

When I kicked off Launchpad LA a year ago I had a few objectives: Create an ecosystem where all Southern California VC’s had the chance to work together more actively outside of the boards on which we mutually sit. Help these companies get funded and let them know that if they stayed in LA there was an ecosystem to support them.