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Investment Firm
Overview
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.
Highlights
2012
Non Profit
1-10
174
112
3
Seed, Early Stage Venture, Late Stage Venture
Entrepreneurship Program, Venture Capital
Location
Buffalo, New York, United States, North America
Contact Information
Social
Profile Resume
Launch NY, established in 2012 and headquartered in New York, United States, North America., specializes in Seed, Early Stage Venture, Late Stage Venture investments across Artificial Intelligence (AI), Navigation, Autonomous Vehicles, Water Transportation, Electric Vehicle, Assistive Technology, Taxi Service, Software, Internet, Finance. The organization boasts a portfolio of 174 investments, with an average round size of $1.8M and 3 successful exits. Their recent investments include Buffalo Automation, Z80 Labs Technology Incubator, 3AM Innovations, Trend Discovery, Caretech Human. The highest investment round they participated in was $4.5B. Among their most notable exits are Buffalo Automation and Z80 Labs Technology Incubator. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
174
44
112
3
Investments
174
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Jan 30, 2024 | Telesafety | Software | null |
Feb 15, 2024 | sayhii | SaaS | 350.0K |
Apr 23, 2024 | Edenesque | Food and Beverage | 175.0K |
May 29, 2024 | Caretech Human | Health Care | 175.0K |
Exits
3
Funding Timeline
174
4
2
Funding Rounds
174
Launch NY has raised 174 rounds. Their latest funding was raised on May 29, 2024 from a Seed Round - Caretech Human round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Jan 30, 2024 | Seed Round - Telesafety | - | 0 | - |
Feb 15, 2024 | Pre Seed Round - sayhii | - | 350.0K | - |
Apr 23, 2024 | Venture Round - Edenesque | - | 175.0K | - |
May 29, 2024 | Seed Round - Caretech Human | - | 175.0K | - |
Investors
8
Launch NY is funded by 8 investor(s). US Department of Commerce, Economic Development Administation and JP Morgan Chase Kantor are the most recent investors.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
JP Morgan Chase | Yes | Grant - Launch NY | 300.0K |
US Department of Commerce, Economic Development Administation | Yes | Grant - Launch NY | 750.0K |
- | Yes | Grant - Launch NY | 225.0K |
- | Yes | Grant - Launch NY | 500.0K |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
News
Aug 26, 2024
Rochester Business Journal - Launch NY marks milestone with investment in Rochester startup
News
May 29, 2024
cnybj.com - Ithaca startup receives Launch NY funding
Funding Round
May 29, 2024
Caretech Human raised $175000 on 2024-05-29 in Seed Round
Funding Round
Apr 23, 2024
Edenesque raised $175000 on 2024-04-23 in Venture Round
Funding Round
Feb 15, 2024
sayhii raised $350000 on 2024-02-15 in Pre Seed Round
News
Feb 07, 2024
Rochester Business Journal - Launch NY grows local economies across the state by investing in startups