Launch House is a startup accelerator where—twist!—founders live together. Companies it’s incubated have gone on to raise venture capital elsewhere, and now Launch House is getting in the investment game with its own $10 million venture arm.
House Capital (which launched quietly in January but hasn’t been reported on until now) has made about 17 investments so far, including in Coinbooks, a Web3 accounting platform, and Ghost Financial, a startup providing financial tools for ghost kitchens. Its average check size is about $100,000. Its debut fund backs companies that go through the Launch House program as well as other pre-seed and seed stage startups.