Western-Massachusetts based angel network River Valley Investors (RVI) completed an investment in a Launch413, local company founded by RVI’s manager Paul Silva and RVI member Rick Plaut.
Launch413 takes startups from Launch to their first $10 million in revenue. The company is made up of serial entrepreneurs and veteran executives who accelerate entrepreneur’s progress by investing their expertise & networks to provide strategies and introductions that would have taken years to acquire otherwise.
“I deliberately didn’t bring Launch413 to RVI, feeling it it was inappropriate for me (as the group’s manager) to take up a presentation slot. However, individual members of the group kindly insisted that Rick and I present. We closed the round that afternoon thanks to the support of many RVI members. Now the real work begins!“ Said Paul Silva, Launch413’s Managing Partner.
This is River Valley Investors’ first investment in Launch413.