Launch House, the only network dedicated exclusively to helping founders grow their businesses, announced the launch of its venture arm, House Capital, and its first fund. The fund focuses specifically on supporting companies within the Launch House community as they strive to build great products and services. Launching an investment fund allows Launch House to focus on building and scaling these communities rather than worrying about fundraising. By doing so, we can continue to invest in our own company and help others succeed. This Fund will be a partnership between Launch House and Venture Capital firms. In addition to Launch House, these Venture firms include David Sacks of Yammer and Joel Breyer of Fab.

Founded by Michael Housen, Jake Pritchard, and Brett Goldstein, House Capital aims to invest in companies where the founders have already built strong networks and relationships with prominent investors. Already, House Capital has invested in companies such as VocalIQ, Clutch, and Zendesk. Investors who join the program receive lifetime memberships to the Launch House community and can opt into additional perks such as fundraisers, digital cohorts, and exclusive in-person residencies and retreats. This investment program is open to the entirety of Launch House, with members and non-members alike.

It will use its complementary launch capital fund to assist companies within the Launch House community in producing live webcasts, organizing events, and creating marketing materials. Since its launch in January 2020, the firm has invested $1 million into a series A round of funding for its flagship product, Coinbooks. Other portfolio companies include Ghost Financial, Anja Health, and more. In just three months, several of these companies raised follow-on investments at higher valuations, showing the value of the network effect and its ability to attract attractive deals.

In conclusion, the firm believes that this is a new era of startup funding. Instead of focusing on raising huge amounts of capital as quickly as possible, companies should focus on building relationships and networks. By doing so, companies will have a more viable plan for future fundraising rounds and have a deeper community of investors to target. Read this article to learn more.

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