Launch413 Completes Seed Round

My thanks to the many people who put their faith in Rick Plaut and my new venture, Launch413. A special thanks to the many members of River Valley Investors who provided the pre-seed funding to get us started and then played a big part in finishing our seed round.

For those that don’t know Launch413, we are an alternative venture fund that takes startups from Launch to their first $10 million in revenue. We are serial entrepreneurs and veteran executives dedicated to helping startups become engines of prosperity in our region. We accelerate our entrepreneur’s progress by investing our expertise & networks to provide strategies and introductions that would have taken years to acquire on their own.

Launch413 uses a royalty-based model instead of equity, allowing our entrepreneurs to keep 100% ownership of their venture.

We are now actively seeking companies to invest in. If you know any great startups with a connection to Western Massachusetts and who want to scale to at least $10 million in revenue, let me know :).

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