Logo

Launchpad LA

Launchpad LA is a startup accelerator for exceptional entrepreneurs.

Description

Launchpad LA is a startup accelerator and seed funding platform based in Santa Monica, California, historically known as one of Southern California’s most prominent accelerator programs. It was originally founded in 2009 as a mentorship group and evolved into a formal accelerator that provides capital, mentorship, workspace, and investor network access to early-stage technology companies. 

Specific Funding Stage
Pre-Seed / Seed (Primary Focus)

  • Launchpad LA focuses on early-stage ventures, especially pre-seed and seed stage technology startups. 

  • It operates as an accelerator + seed fund, participating in early financing rounds and helping founders refine their go-to-market and investment strategies. 

  • Portfolio evidence shows involvement in seed and early institutional stages before founders raise larger rounds with outside investors. 

Investment Amount and Percentage Equity (Company-Level)
Typical Funding Terms

  • Launchpad LA has historically invested between ~$25,000 and ~$100,000 per startup as part of its accelerator terms, including free office space in Santa Monica and access to mentors and investors. 

  • According to third-party accelerator data, Launchpad LA often takes around ~6% equity in exchange for its initial capital (e.g., first ~$50K), with terms for a second ~$50K structured via convertible instruments (notes with caps). 

Equity Taken

  • Launchpad LA does take equity in portfolio companies as part of its seed funding/accelerator investment — equity terms are negotiated per deal rather than a flat published model across every deal. 

Equity Structure
  • Investments include common stock equity for initial checks and convertible securities (e.g., notes) for subsequent capital commitments. 

  • Equity percentages vary based on the funding tranche, negotiated valuation caps, and company stage at entry. 

  • Since Launchpad LA functions as both an accelerator and seed fund, terms resemble early institutional VC involvement more than non-equity pre-accelerator arrangements. 

Application / Submission Method
How to Apply

  • Founders can apply through the Launchpad LA official website during open cycles to be considered for accelerator admission and funding. 

  • Startups typically provide a pitch deck, team details, traction, and vision, and go through an evaluation process with Launchpad LA partners. 

Interaction Model

  • Selected companies join the accelerator cohort, receive capital, workspace, regular mentorship sessions, strategic guidance, and introductions to investors and advisors. 

Eligibility

Sector Focus

  • Broad technology orientation (software/SaaS, enterprise applications, consumer tech, media & entertainment, retail tech, etc.). 

  • Launchpad LA’s portfolio historically includes diverse tech startups — from enterprise SaaS to consumer platforms. 

Stage

  • Early-stage ventures (Pre-Seed / Seed) — companies ready to refine product/market fit, launch commercially, and move toward institutional fundraising. 

Geography

  • Based in Santa Monica, California (USA), with strong roots in the Southern California startup ecosystem

  • While portfolio companies may have broader U.S. reach, local and regional engagement is emphasized through workspace and community support. 

Team Profile

  • Early-stage founders and teams with compelling technology products, scalable business models, and the ability to operate within a mentor-driven accelerator structure. 

Process

Application Announcement: Launchpad LA opens applications for its next cohort. 

Founder Submission: Teams submit business details, deck, and traction. 

Review & Selection: Partners evaluate fit, stage readiness, and potential impact. 

Term Negotiation & Onboarding: Accepted founders agree on investment terms and accelerator engagement. 

Acceleration & Growth: Companies receive capital, mentorship, workspace, and ecosystem introductions. 

Demo & Demo Day (if applicable): Cohort culmination includes investor demos and broader visibility events (common in accelerators but varies by cycle).

What an Applicant can Obtain

Capital & Equity Investment

  • Seed funding ($25K–$100K+) with associated negotiated equity stakes (e.g., ~6% for initial check). 

Mentorship & Growth Support

  • Access to experienced mentors, advisors, and strategic guidance tailored to early-stage scaling. 

Workspace & Resources

  • Free office space in Santa Monica near the beach during the accelerator period. 

Network & Investor Access

  • Introductions and access to an extensive network of investors, angels, and strategic partners in the Southern California ecosystem. 

Alumni Successes

  • Launchpad LA has historically supported startups that went on to raise significant follow-on capital and achieve exits, including companies like Connectifier, Prevoty, ChowNow, Pathmatics, Tradesy, and others