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Launchpad LA

Launchpad LA is a startup accelerator in Santa Monica, CA.

They offer each accepted company a $100,000 investment, free office space in the heart of Santa Monica (one block from the beach) for four months, a ton of perks and discounts, and most importantly, access to a massive network of mentors, advisors, and investors.

In 2012, Launchpad LA invested in 18 companies, 17 of which raised outside capital – over $30 million combined. Launchpad LA is ranked the #5 accelerator in the United States by Forbes, has the highest median funding rate of any accelerator in the world according to Seed-DB, and is described by PandoDaily as “the top accelerator in Southern California.”

Launchpad LA was founded as a mentorship organization in 2009 with the goal of helping talented local entrepreneurs build relationships, get funded, and grow while remaining in Southern California.

Recent Milestones

Investments

Company Date Round Size Participants
Klutch 3/2014Seed$1.5M1
MFive Labs (Listn) 11/2013Seed$500k4
Mark43 7/2013Seed$1.95M6
Panna 5/2013Seed$1.35M14
Preact 3/2013Seed3
Tuition.io 2/2013Angel$1M9
ADOMIC (formerly YieldMetrics) 1/2013Seed$1.7M9
Klutch 1/2013Seed$700k3
Atlas Powered 12/2012Seed$700k7
Chromatik 11/2012Seed$2M14
Tradesy 10/2012Series A$1.5M6
Lettuce 10/2012Seed$2.1M6
ChowNow 9/2012Private Equity$2.46M1
Big Frame 6/2012Seed$3.4M12
JobSync 11/2011Series A$1.63M3
Triptrotting 1/2011Seed$300k2
GameSalad 2011Seed1
ZEFR 2010Seed1

Videos

Sources

    Launchpad LA Receives VC Funding: $50,000 Per Startup (techcrunch.com) [edit]
    Top Startup Incubators And Accelerators (forbes.com) [edit]
    General Assembly Brings its Entrepreneurial Education to Los Angeles with Launchpad LA Partnership (pandodaily.com) [edit]
    Launchpad LA doubles down on accelerator, now offering companies $100k (pandodaily.com) [edit]
  1. Klutch snags $1.5M in hopes of making group scheduling mainstream (venturebeat.com) [edit]
  2. M5 Labs Seeded With $500K to Launch Social Music App Listn (pevc.dowjones.com) [edit]
  3. Mark43 Closes $1.95M Seed Funding (forbes.com) [edit]
  4. Panna, A Video-Based Cooking “Magazine” For iOS, Raises $1.35 Million (techcrunch.com) [edit]
  5. Citation Needed [add]
  6. Tuition.io Raises $1M in Seed Funding (finsmes.com) [edit]
  7. YieldMetrics closes buzzy $1.7 million Seed round, delivers radical transparency to online advertising (pandodaily.com) [edit]
  8. Citation Needed [add]
  9. Atlas Powered Closes $700K Funding (finsmes.com) [edit]
  10. Backed By $2 Million In Funding From Learn Capital, Kapor, 500 Startups, Bruno Mars & Others, Chromatik’s Digital Music Platform Goes Live (techcrunch.com) [edit]
  11. Tradesy raises $1.5 million Series A to kill clothing resale competition (gigaom.com) [edit]
  12. Order Management Startup Lettuce Raises $2.1 Million From Crosscut Ventures, 500 Startups, And Others (techcrunch.com) [edit]
  13. ChowNow Obtains $2,463,691 New Funding Round (agileequity.com) [edit]
  14. Video Company Big Frame Raises $3 Million To Discover The Next Wave Of YouTube Stars (techcrunch.com) [edit]
  15. Citation Needed [add]
  16. Triptrotting Scores Funding (socaltech.com) [edit]
  17. Launchpad LA Receives VC Funding: $50,000 Per Startup (techcrunch.com) [edit]
  18. Launchpad LA – 10 Startup Companies to Watch (bothsidesofthetable.com) [edit]
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Last Edited 4/14/14

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