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

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

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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Pejman Nozad, a founding managing partner at Pear VC, joins this episode of LA Venture to discuss Pear VC's current initiatives, including its accelerator and fellowships. He's seen as one of the most successful angel investors in the area, and for good reason: he has made more than 300 investments in his lifetime.

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Minnie Ingersoll
Minnie Ingersoll is a partner at TenOneTen and host of the LA Venture podcast. Prior to TenOneTen, Minnie was the COO and co-founder of $100M+, an online marketplace for used cars. Minnie started her career as an early product manager at Google. Minnie studied Computer Science at Stanford and has an MBA from HBS. She recently moved back to L.A. after 20+ years in the Bay Area and is excited to be a part of the growing tech ecosystem of Southern California. In her space time, Minnie surfs baby waves and raises baby people.
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Ben Bergman

Ben Bergman is the newsroom's senior finance reporter. Previously he was a senior business reporter and host at KPCC, a senior producer at Gimlet Media, a producer at NPR's Morning Edition, and produced two investigative documentaries for KCET. He has been a frequent on-air contributor to business coverage on NPR and Marketplace and has written for The New York Times and Columbia Journalism Review. Ben was a 2017-2018 Knight-Bagehot Fellow in Economic and Business Journalism at Columbia Business School. In his free time, he enjoys skiing, playing poker, and cheering on The Seattle Seahawks.