Launch House is a leading startup accelerator, and has announced the launch of House Capital, its new venture arm. This move comes as part of the company’s continued commitment to supporting early-stage startups and providing them with the resources they need to succeed.

House Capital will focus on making Seed and Pre-Series A investments in companies aligned with Launch House’s mission of driving innovation and building a better future. The fund will be managed by Launch House co-founder and will have an initial target of $25 million.

Launch House has a long history of supporting early-stage startups; in fact, it was one of the first programs of its kind when it was founded in 2012. Since then, the company has accelerated over 500 startups and provided them with access to mentorship, education, community, and capital.

With the launch of House Capital, the company is furthering its commitment to supporting startups and helping them grow and scale.

The following is what the managing partner said in a recent press release, “We believe there is a void in the marketplace for a fund like ours that takes a hands-on approach with our portfolio companies. Our goal is not only to provide funding but also to help our companies navigate through each stage of growth.” The launched funds will go the extra mile in assisting the company in reaching out to more members and create better experiences for them. In addition, the funds are core to enabling the company to strengthen its existing relationships.

Launch House has raised over $35 million from institutional investors such as idevices Ventures, Draper Associates, Guggenheim Partners LLC., Ann & Andrew Tisch Family Foundation, Kapor Capital, and J&B Foundation, among others. With the addition of House Capital, the company is well-positioned to continue its support of early-stage startups for years to come. See this article for additional information.

More about Launch House on https://www.crunchbase.com/organization/launch-house