ED  The Launch Place

http://www.thelaunchplace.org





     Office Locations:

527 Bridge Street Suite 200
Danville, VA 24541
Phone: 434-799-5491
Fax: 434-799-5493

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Stages:

  • Early
  • Seed


 

Industries:

  • Communications & Networking
  • Information Technology
  • Software & Internet

  •  

    Description:

    As a 501 (C) 3 nonprofit organization, The Launch Place strives to energize and diversify Southern Virginia's regional economy through entrepreneurship development and business consulting services. The Launch Place recruits and retains entrepreneurs to and in the Danville region in Virginia, and specializes in providing superior business consulting services to these entrepreneurs, private businesses, economic development organizations, non-profit institutions and local governments at subsidized fees throughout the entire Southern Virginia region. The Launch Place Seed Fund looks for investment opportunities in which our capital can serve as a critical catalyst to specific milestone achievement, whether it is follow-on capital, first customer(s), or another significant breakthrough in the company's growth. The typical range of investments made in the portfolio companies ranges from $100,000 to $250,000, with the ability to fund up to $500,000 per company.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Eva Doss President and CEO
    Mark Friedman Portfolio Manager
    Varun Sadana VP

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      09/22/2022


      Pattern Health


      NC


      $3,300,000


      Series A


     

    Portfolio companies include:


      CirrusWorks
        web link


      Pattern Health
        web link


     

    Recent News: