Launchpad (2023)

About this raise

Launchpad, with a valuation of $12.8 million, is raising funds on OurCrowd through Reg D 506(c) raise. The company is using AI and advanced robotics to revolutionize product assembly. Launchpad’s advanced simulation technology automates with precision, tackles labor shortages, and boosts productivity to revitalize local manufacturing. The company aims to shorten supply chains and improve efficiencies by planning production, procuring parts and services, and using self-programming robots. Yoav Zingher, Bill Gross, and Ofer Ricklis founded Launchpad in 2020. The current crowdfunding campaign has a minimum target of $11,200 and a maximum target of $440,000. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $480,936

Deal Terms

Platform
OurCrowd
Start Date
02/09/2023
Close Date
03/28/2023
Min. Goal
$11,200
Max Goal
$440,000
Min. Investment

$11,200

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegD 506(c)    Open SEC Filing

Valuation Cap

$12,800,000

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Industrial Services
Tech Sector
EnterpriseTech
Location
Pasadena, California
Company Website
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Team

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/05/2024 OurCrowd $17,660,000 $59,380 SAFE Funded RegD 506(c)
03/28/2023 OurCrowd $12,800,000 $480,936 SAFE Funded RegD 506(c)
12/09/2021 OurCrowd $9,500,000 $2,317,130 Equity - Common Funded RegD 506(c)
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Employee History

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Launchpad on OurCrowd 2023
Platform: OurCrowd
Security Type: SAFE
Valuation: $12,800,000

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Follow Launchpad on OurCrowd 2023

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Warning: according to the close date for this deal, Launchpad may no longer be accepting investments.

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