Launch NY finalized an active year with the $15M-plus close of its for-profit LP fund and investments into 17 companies in western and central New York.
Launch NY completed another successful year in 2025, completing 17 investments in Upstate New York startup companies that totaled $2.645 million.
The nonprofit venture development organization supports startup companies through a variety of investment vehicles and programs.
Launch NY also successfully closed its second for-profit LP fund in 2025 at $15.775 million, surpassing its $15 million goal. A total of 85 limited partners contributed to the round, including Empire State Development Corp., MetLife Fundation, Grand Oaks Capital (Tom Golisano's family office fund), M&T Bank, NBT Bank and dozens of individuals.
“2025 reaffirmed that Upstate NY founders are building companies that can compete anywhere in the world and that a growing pool of investors want to be part of this success,” said Marnie LaVigne, Launch NY president and CEO. “With our new LP Fund II, new partnerships, and record engagement from our Investor Network, we’re demonstrating what’s possible when entrepreneurs have access to the mentorship and capital they need.
