
LaunchCapital is committed to providing the capital needed for businesses in the initial stages of development. LaunchCapital seeks to fund companies and concepts that would typically tap personal networks for their “pre-seed” and seed financing needs. By alleviating the time requirements associated with the micro-capital needs of concept (early) stage companies, LaunchCapital is enabling inventors and entrepreneurs to better focus on their business development goals. Our team will consider businesses and concepts across all industries.
The round of financing that LaunchCapital participates in may involve investment in which a business or product concept exists but a company may not yet be formed. Typical sources of funding for companies at this stage of development include friend and family networks, and private investors. Uses of capital at this level of financing typically include further development of the concept (including prototype and alpha-site development) and business plan development. Typical pre-seed financing will take an entrepreneur from the conceptual phase of business development to business creation.
Strong candidates for funding have developed concepts or companies that include:
LaunchCapital is committed to ensuring the success of its portfolio companies while recognizing that entrepreneurs often need differing levels of support. We will work with entrepreneurs to determine the right level of involvement in day-to-day operations of the company while ultimately placing success at the hands of the entrepreneur. The level of our involvement in the development of portfolio companies can range from cursory in which case we would receive periodic status updates to more in depth in which case we will provide support for entrepreneurs in planning and executing their business plans.