Live-In Accelerator Launch House Is Raising a $10 Million Fund

Harri Weber

Harri is dot.LA's senior finance reporter. She previously worked for Gizmodo, Fast Company, VentureBeat and Flipboard. Find her on Twitter and send tips on L.A. startups and venture capital to harrison@dot.la.

Live-In Accelerator Launch House Is Raising a $10 Million Fund
Launch House Accelerator Plans to Expand Its Dorm-Like Approach to New York and Beyond
Launch House, a startup accelerator inspired by the rise of content houses and TikTok mansions, is raising a $10 million venture fund.

The company revealed its plans in a regulatory filing with the Securities and Exchange Commission, but has yet to disclose any actual money raised for the fund. Axios first reported the news.

Unlike the famed Hype House—where a collective of social media influencers cram into a single space to collaborate on content—Launch House charges entrepreneurs and engineers for month-long stays and access to its community. The cost of joining reportedly ranges between $4,000 and $5,500.

The Los Angeles-based company was founded during the pandemic and secured $3 million in August to expand to New York as well as online, in part via the video-chat platform Gather. Launch House came under scrutiny last year after a “wild party” reportedly led to a coronavirus outbreak.

The company did not immediately respond to a request for comment on its plans.

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Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Adtech Firm OpenX Lures New SVP, Getlabs and DISQO Tap New VPs
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Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

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Image by Joshua Letona

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