“The advancements we’ve made with Investor Network 2.0 demonstrate continued commitment to and growth in the capabilities of our #InvestLocal community,” said Marnie LaVigne, president and CEO of Launch NY, said. “York IE recently ranked Buffalo as the 5th biggest U.S. startup city by funding and Launch NY’s #InvestLocal programs — including the Investor Network, […]
“The advancements we’ve made with Investor Network 2.0 demonstrate continued commitment to and growth in the capabilities of our #InvestLocal community,” said Marnie LaVigne, president and CEO of Launch NY, said. “York IE recently ranked Buffalo as the 5th biggest U.S. startup city by funding and Launch NY’s #InvestLocal programs — including the Investor Network, its nonprofit Seed Fund and for profit Limited Partner Fund — are a truly unique approach to engaging diverse stakeholders in growing success of a regional startup ecosystem.”
About the Investor Network
Nearly 200 accredited investors have already joined the Investor Network during its beta phase, Launch NY said. More than 30 have participated in 11 transactions in 10 companies, with investments surpassing the $1 million milestone last November, and now totaling nearly $1.2 million.
Investor Network members can invest as little as $10,000 all the way up to six-figures in the entrepreneurs and sectors of their choice. Launch NY is continuing to waive its membership fee until it reaches its target of 300 total investors for its beta phase in the coming months.
“Launch NY’s Investor Network is the only online platform that exclusively connects investors with founders of up-and-coming startup companies in the 27 Westernmost counties of Upstate New York, giving investors the opportunity to make a profit while they help these companies — and their communities — achieve their high-growth potential,” LaVigne contended.