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Launch NY
company
About
Launch NY is a U.S. Treasury-designated Community Financial Institution (CDFI) and a 501(c)(3) nonprofit venture development organization.
- 1 - 10
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $300K
- Industries
- Non Profit,Social Entrepreneurship
- Founded date
- Jan 1, 2012
- Number Of Employee
- 1 - 10
- Operating Status
- Active
- Investor Type
- Entrepreneur Program,Venture Capital
Launch NY is a U.S. Treasury-designated Community Financial Institution (CDFI) and a 501(c)(3) nonprofit venture development organization, providing pro bono mentoring and capital access to high-growth potential startups across Upstate NY. The mission is to identify, support and invest in high-growth, high-impact companies, and catalyze the entrepreneurial culture in the 27 counties comprising the western half of Upstate New York.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$4.80M
Launch NY has raised a total of
$4.80M
in funding over 2 rounds. Their latest funding was raised on
Feb 3, 2020 from a Grant round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Feb 3, 2020 | Grant | $300K | 1 |
JP Morgan Chase
|
— | Detail |
| Jan 28, 2019 | Grant | $4.50M | 1 |
|
— | Detail |
Investments
Number of Investments
Number of Lead Investments
11
2
Launch NY has made 11 investments. Their most recent investment was on
Nov 30, 2022, when MemoryFox raised 0.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Nov 30, 2022
MemoryFox
|
Pre-seed | — | Brand Marketing | — |
|
Feb 24, 2022
AireXpert
|
Seed | $1.50M | Aerospace | Yes |
|
Dec 17, 2021
Azuna Fresh
|
Seed | $1.60M | Consumer Goods | — |
|
Sep 30, 2021
ZIZO Technologies Inc.
|
Convertable Note | $1M | Gamification | — |
|
Jul 2, 2021
Agape
|
Seed | $1.80M | Developer Platform | — |
Investors
Number of Lead Investors
Number of Investors
2
2
Launch NY is funded by 2 investors.
JP Morgan Chase
and Ralph C. Wilson, Jr. Foundation
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
JP Morgan Chase
|
Yes | Grant |
|
|
Yes | Grant |
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