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Amplify is a startup accelerator, seed fund, and entrepreneurial campus in Venice Beach, Los Angeles. Their focus is on Technology, Media & Entertainment companies.
Amplify LA is a startup accelerator and entrepreneurial campus in Venice, California. Located in Silicon Beach, Amplify's accelerator program is comprised of four months of collaboration: within companies, between companies and with the Amplify team.
They invest between $50,000 - $150,000 in seed funding for a 5% - 15% stake. They also provide free workspace at their Venice campus and extensive hands-on mentorship. Their portfolio companies also benefit from free or highly discounted services including hosting, legal, and banking.
Amplify.LA has funded 36 startups and 13 exits with $ 57,900,000 in total exits , and $585,983,591 in total funding raised .
Amplify.LA does not invest in hardware, clean technology, biotechnology, service-based business (i.e. no consulting ideas), physical goods, movies or other creative projects, and small markets. The firm prefers investing in social, mobile, consumer internet, SaaS, digital media, B2B, B2C, D2C and technology.
It prefers to invest in the United States. The firm typically invests between $0.1 million and $0.25 million in its portfolio companies. The firm prefers taking between eight percent and 10 percent stake in its portfolio companies.
They average $100,000 funding for 10.0% equity. The equity required is a 5% - 15% stake.