The Launch House, the venture arm of the house-building launchpad group, launched today. The House will invest in and advise some of the world’s leading technology startup companies offering innovative solutions to real-world problems. The company has been running a pilot program since 2016, offering accelerator programs in partnership with Techstars.
Early Life
Guy Levin and Lee Wilson 2013 founded Launch House. The two were successful startups, with Guy being the CEO of Mooshi, a payments platform sold to MasterCard in 2014. Lee is a serial entrepreneur who has worked with companies across the technology sector, including Zendesk and Playfish. Launch House’s vision was to create something that would reflect Guy and Lee’s entrepreneurial experience and serve as a testing ground for innovative companies.
Career
Guy created the Mooshi platform and was a partner in web commerce at Google-owned AdWords, where he developed and launched Mooshi’s API (an open API used to enable direct advertising from search engine results pages). After selling Mooshi to Mastercard, he joined Google as a product manager. Lee worked at Zendesk from 2010 to 2013, where he ran their new product development team. Before this, he worked for two years at Playfish, a social gaming company.
Achievement
The company has won awards for innovative companies, including a Best Innovator Award in 2016 from The Telegraph. Senior entrepreneurs, including Sir Richard Branson, have also recognized the company for its mentorship program. Sourcing investors .The venture arm of is based in London and will also work with investors. The company has offices in Tel Aviv and New York, where it connects with investors.
To be successful, the companies it invests in need to solve a significant problem; the two key elements will be ‘good people and good ideas.’ In addition, Launch House believes that the investors in its venture arm will be drawn from organizations that can help its entrepreneurs succeed. The company is looking for companies that can scale quickly with a product developed over a short period. Launch also wants to invest in innovative solutions and work with experienced entrepreneurs who understand what it takes to create a startup from an idea to launch. If you want to learn more about Launch House, just click here.
More about Launch House on: https://www.facebook.com/launchhouseofficial/