Launchpad 2013 Year In Review

Launchpad Logo 200px Wide

Launchpad Venture Group had a very fun and very busy 2013. We are already looking forward to 2014, but before 2013 is completely set aside, let’s do a quick recap of some key highlights & milestones, by the numbers:

Activity

  • Total dollars invested: $7.5M
  • New companies in which we invested: 12
  • Follow-on rounds in which we invested: 16
  • HALO Ranking in deals done: Top Ten in US
  • HALO Ranking in dollars invested: Top Ten in US

Rounds

  • Largest aggregate group investment in a round: $1.03M+
  • Single round investments of $500K or greater: 7
  • Individual members making at least one investment 120+
  • Number of checks written: 300+
  • Average individual check size, first rounds: $35,000

Portfolio

  • Exits: 2
  • Awesome exits: 0
  • Active portfolio companies: 42

Deal Flow

  • Companies applying for funding: 750+
  • Custom entrepreneur application websites built: 1
  • Scouting teams formed 175+
  • Scouting reports filed 90+
  • Internal member data portals built: 1

Evaluation

  • Companies pitched to group: 30
  • Unlabeled axis bar chart slides entitled “special sauce”: 1
  • Bullets of written feedback given to pitching cos.: 950+
  • Due diligence teams formed: 24
  • Ave number of mbrs receiving live pitches per mnth: 110
  • Additional monthly meeting locations added: 1
  • Internal member training sessions: 11

Community

  • Participants in Launchpad on Demand sessions: 60+
  • Final prize winning MassChall teams LP mentored: 11 

Comments, questions or reactions to this post? Leave a note below and I will respond to your questions.
If you enjoyed this post, you might enjoy: Understanding Crowdfunding for Entrepreneurs & InvestorsThoughts on CrowdfundingCustomer Crowdfunding: Not So Fast Entrepreneurs (Again!)Some Perspective on SEC Rule 506 General SolicitationFunding Startups (Panel Video).

Subscribe – To get an automatic feed of all future posts subscribe to the RSS feed here, or to receive them via email enter your address in the box in the upper right or go here and enter your email address in the box in the upper right. You can also follow me on Twitter @cmirabile and on Google+.

 

Comments

  1. Very nicely done!

Speak Your Mind

*

Time limit is exhausted. Please reload the CAPTCHA.