Launch NY is a nonprofit venture development organization focused on supporting high-growth startups in Upstate New York. They provide pro bono mentoring and access to risk capital, helping entrepreneurs turn their ideas into successful businesses. The organization has mentored over 1,800 companies and supported the creation of 9,600 jobs.
Launch NY's investment thesis centers on supporting high-growth startups in Upstate New York through a combination of pro bono mentoring and access to risk capital. Their strategy includes helping entrepreneurs become "investment ready" by providing tailored coaching and connecting them with capital providers. This approach aims to enable portfolio companies to secure significant follow-on funding, thereby fostering the growth of the startup ecosystem in the region.