# LaunchPad

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/launchpad

- Industry: Business Support Services
- Headquarters: Petaling Jaya, Malaysia
- Website: www.launchpadstartups.com
- Total disclosed funding: $3.1M
- Latest round: Seed (Mar 4, 2015)
- Investors on record: 4

## About

LaunchPad is a startup incubator focused on nurturing innovative business ideas and guiding entrepreneurs through the early stages of their ventures, aiming to create sustainable growth and long-term success.LaunchPad, founded in Petaling Jaya, Malaysia, specializes in startup incubation by providing support and resources to entrepreneurs. The company was founded by a diverse team including Alan Seideman, Bas Pelser, and Bess Paschos, among others. In May 2016, LaunchPad raised USD 6 million in venture funding from various investors, marking a significant milestone in its growth.LaunchPad offers a comprehensive suite of services aimed at fostering startup growth, including mentorship, funding access, and networking opportunities. The incubator provides resources tailored for early-stage companies, focusing on developing their business models and preparing them for market entry. LaunchPad engages with a range of industries, assisting startups in navigating the complexities of launching and scaling their businesses.In 2023, LaunchPad reported a revenue of USD 46,659 and an EBITDA of USD 862.1 for the same year, showcasing its operational efficiency and capacity to generate income through its incubation services.LaunchPad plans to leverage its recent funding of USD 6 million raised in May 2016 to enhance its support services for startups. The company is focused on developing new programs tailored for specific industries and expanding its reach into new markets across Southeast Asia, targeting regions such as Singapore and Indonesia by 2024. These initiatives aim to strengthen the ecosystem for startups and facilitate growth opportunities in emerging markets.

## Funding rounds

- Seed, Mar 4, 2015, $3.1M — Tekton Ventures, Rothenberg Ventures, Sovereign's Capital, Corazon Capital

## Investors

- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Seed
- Rothenberg Ventures (https://capitalatlas.ai/funds/rothenberg-ventures) — Seed
- Sovereign's Capital (https://capitalatlas.ai/funds/sovereign-s-capital) — Seed
- Corazon Capital (https://capitalatlas.ai/funds/corazon-capital) — Seed