Launchpad LA is a startup accelerator in Santa Monica, CA.
We 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. Launchpad LA began as a collaboration among the area’s top VCs with a shared interest in seeing a robust tech community continue to grow and thrive in Los Angeles.
From 2009 to 2011, we accepted 23 companies into the mentorship program. The program at that time did not invest in companies, take equity, or have an official office space, but featured regular events and dinners to support the participating companies. Of those 23 companies, 19 received outside funding, and 9 have been acquired to date. In total, the 19 companies that went through the mentorship program raised over $80 million. Their combined exits exceed $60 million.
In late 2011, inspired by the growing market opportunity in LA and the success of Classes 1 and 2, the Launchpad LA team decided to raise a fund, open an office, and grow into a full-blown accelerator in the model of TechStars or Y-Combinator. Sam Teller, an LA native and local entrepreneur/angel investor, joined as Managing Director, and several firms participated in the investment including Rincon Ventures, Idealab, Baroda Ventures, GRP Partners, David Cohen (founder of TechStars), David Tisch (founder of TechStars NY), DLA Piper, and Stubbs Alderton. In early 2013, LA native and local entrepreneur Jamie Kantrowitz joined as a partner.
Questions? Please contact us. For media inquiries, please contact Dena Cook at dena at brewpr dot com.
We 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. Launchpad LA began as a collaboration among the area’s top VCs with a shared interest in seeing a robust tech community continue to grow and thrive in Los Angeles.
From 2009 to 2011, we accepted 23 companies into the mentorship program. The program at that time did not invest in companies, take equity, or have an official office space, but featured regular events and dinners to support the participating companies. Of those 23 companies, 19 received outside funding, and 9 have been acquired to date. In total, the 19 companies that went through the mentorship program raised over $80 million. Their combined exits exceed $60 million.
In late 2011, inspired by the growing market opportunity in LA and the success of Classes 1 and 2, the Launchpad LA team decided to raise a fund, open an office, and grow into a full-blown accelerator in the model of TechStars or Y-Combinator. Sam Teller, an LA native and local entrepreneur/angel investor, joined as Managing Director, and several firms participated in the investment including Rincon Ventures, Idealab, Baroda Ventures, GRP Partners, David Cohen (founder of TechStars), David Tisch (founder of TechStars NY), DLA Piper, and Stubbs Alderton. In early 2013, LA native and local entrepreneur Jamie Kantrowitz joined as a partner.
Questions? Please contact us. For media inquiries, please contact Dena Cook at dena at brewpr dot com.
Location: United States, California, Los Angeles
Founded date: 2009
Investors 1
| Date | Name | Website |
| - | Baroda Ven... | barodavent... |
Mentions in press and media 30
| Date | Title | Description |
| 15.12.2014 | LaunchpadLA Shifts Away From Accelerator Model | One of the highest profile startup accelerators in Los Angeles, LaunchpadLA, is officially shifting its model and getting out of the startup accelerator market--handing over its space to General Assembly, with its various partners embarking... |
| 21.04.2014 | LaunchpadLA Grad Preact Raises $4.6M | Preact, a developer of software to help software companies reduce churn in their subscription customers which came out of Los Angeles-based startup incubator/accelerator Launchpad LA, has raised $4.6M in a funding round. The company said th... |
| 13.03.2014 | Klutch snags $1.5M in hopes of making group scheduling mainstream | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Group messaging startup GroupMe sold for $85 mill... |
| 13.03.2014 | Funding Daily: March 13, 2014 | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Here are the day’s funding stories: Online educat... |
| 13.03.2014 | Klutch snags $1.5M in hopes of making group scheduling mainstream | Group messaging startup GroupMe sold for $85 million just over a year after launch. Klutch believes group scheduling has just as much potential. With $1.5 million in fresh capital led by Los Angeles, Calif. startup accelerator LaunchpadLA, ... |
| 12.11.2013 | Want to land a spot in that startup accelerator? Heed these 5 smart tips from fellow founders | Sure, there are tons of startup accelerators and incubators. But that doesn’t mean they’re easy to get into. Some have acceptance rates on par with Ivy League schools! You know that having a solid team and some kind of business plan is impo... |
| 16.07.2013 | Mark43 Raises $1.95M From Launchpad LA, Others | In what might be the geographically furthest investment so far by Los Angeles startup accelerator Launchpad LA, the accelerator is one of the investors in a Boston-based startup tackling law enforcement information sharing software. Boston'... |
| 17.05.2013 | A list of top LA accelerators and incubators Retrieve Voicemail Online or By Phone | Amplify, Launchpad, MuckerLab, Idealab and Science among those churning out new startups (Updated to reflect more up to date information for Start Engine and Curious Minds) s I have noted before, the tech scene in Los Angeles is on the rise... |
| 28.02.2013 | Tuition.io Raises $1M in Seed Funding | Tuition.io (formerly known as Binksty), a provider of a free tool for managing student loans, raised $1m in seed funding. Backers included Mohr Davidow Ventures, Mesa+, Jerry Neumann, Rob Glaser, Richard Wolpert, Troy Carter, and Launchpad ... |
| 27.02.2013 | Six Weeks From Launch, “Mint For Student Loans” Contender Tuition.io Hits $250M Under Management, Lands $1M In Seed | Currently, outstanding national student loan debt is over $1 trillion, $864 billion of which is backed by ye olde federal government. According to the Center for American Progress, the majority of those loans have an interest rate higher th... |
Show more