EST. 2019 · SLC, UTAH

The History of Fund Launch

Fund Launch started with two people in a Salt Lake City basement. Six years later, the company ranked No. 2652 on the Inc. 5000 list of America's fastest-growing private companies.

2019

Fund Launch begins in Salt Lake City

Fund Launch started in 2019 with two people working from a basement in Salt Lake City. They launched the Investment Fund Secrets podcast. The podcast gave aspiring managers an insiders look at how funds work. It gave Fund Launch its first audience.

  • The early days of Investment Fund Secrets in 2019
    The early days of Investment Fund Secrets
  • Launch of the Investment Fund Secrets podcast
    Launching the Investment Fund Secrets podcast

2020

The first Fund Launch Mastermind

Listeners soon asked for direct help. In 2020, Fund Launch opened its first Mastermind for aspiring and emerging fund managers. Members joined weekly webinars and talked through real problems with the team. The curriculum changed as members asked better questions and the team learned where new managers got stuck.

  • Fund Launch Mastermind program in 2020
    The Mastermind program launches
  • Bridger Pennington and Mason Vranes whiteboarding Fund Launch growth
    Bridger Pennington and Mason Vranes at the whiteboard
  • Bridger Pennington recording an early Fund Launch educational interview
    Recording an early Fund Launch interview
  • Bridger Pennington hosting an early live Fund Launch Zoom call
    Hosting live weekly Zoom calls
  • Fund Launch recognition for reaching one million dollars in revenue
    Recognized for reaching $1M in revenue
  • Fund Launch Mastermind launch with Adam Campbell
    Launching the Mastermind with Adam Campbell

2021

$1M milestone and the first Black Card summit

Fund Launch passed its first $1 million revenue milestone in 2021. That year, 150 fund managers met at the Utah Jazz arena for the first in-person Black Card summit. Many had only known one another through a screen. The summit put them in the same room for the first time.

  • Bridger Pennington speaking at the first Black Card summit
    The first Black Card summit
  • The first Black Card summit at the Utah Jazz arena
    150 fund managers at the Utah Jazz arena
  • Bridger Pennington recording weekly Fund Launch webinars in 2021
    Recording weekly webinars
  • Launch of the Fund Games educational series
    Launching Fund Games
  • Bridger Pennington teaching fund strategy with Lincoln Archibald
    Teaching funds with Lincoln Archibald
  • White Tesla given away during a Fund Launch campaign
    The Fund Launch Tesla giveaway
  • Fund managers at the first in-person Black Card summit
    The first Black Card summit

2022

$10M in revenue and the first Fund Launch Live

Fund Launch reached $10 million in revenue in 2022 and held its first Fund Launch Live in Las Vegas. The event drew 1,200 people for practical sessions on the work required to build and operate a fund. Members and the Fund Launch team met in person to discuss the problems that had come up in weekly calls.

  • The Fund Launch team at the first Fund Launch Live event
    The team at the first Fund Launch Live
  • Award recognizing ten million dollars in revenue
    Recognized for reaching $10M in revenue
  • Audience at Fund Launch Live in 2022
    Fund Launch Live 2022
  • Fund Launch community gathering on a beach in Mexico
    The Fund Launch community in Mexico
  • First Fund Launch Live event in Las Vegas with twelve hundred attendees
    The first Fund Launch Live in Las Vegas

2023

Wall Street Rebel award and $4.8B in reported client AUM

Fund Launch reached $25 million in revenue in 2023. The second Fund Launch Live brought 2,000 people to Miami. That year, the company introduced the Wall Street Rebel award, a name tied to its mission to democratize Wall Street. Fund Launch clients reported $4.8 billion in combined assets under management (AUM).

  • The Fund Launch Live 2023 event space
    Fund Launch Live 2023
  • Recognition for twenty-five million dollars in revenue
    Reaching $25M in revenue
  • Jim Rogers speaking with Bridger Pennington at Fund Launch Live 2023
    Jim Rogers at Fund Launch Live
  • Bridger Pennington speaking at Fund Launch Live 2023
    Bridger on stage at Fund Launch Live
  • Bridger Pennington teaching fund strategy at Fund Launch Live 2023
    Teaching funds at Fund Launch Live
  • Second Fund Launch Live event in Miami with two thousand attendees
    Fund Launch Live returns in Miami
  • Black Card members gathering at the Hawaii summit
    The Black Card summit in Hawaii
  • Fund Launch Whale Group gathering in Kauai
    The Whale Group in Kauai
  • Fund Launch Whale Group on a private helicopter trip
    A private Whale Group helicopter trip
  • Wall Street Rebel award for fund managers who raised at least ten million dollars
    Fund Launch introduced the Wall Street Rebel award in 2023. Clients reported $4.8B in combined assets under management (AUM) at the time.

2024

$35M in revenue and the launch of Alt Street

Fund Launch reached $35 million in revenue in 2024. The third Fund Launch Live brought 1,700 people to Orlando. That year, the company launched Alt Street, a free education site for people interested in alternative investing. Alt Street publishes interviews with investors and fund managers at no cost to viewers. All the free courses including Alt St have reached 141,000 members.

  • Bridger Pennington, Mason Vranes, and Lincoln Archibald at Fund Launch Live 2024
    The Fund Launch team at Fund Launch Live
  • Alt Street alternative investing education platform
    Launching the Alt Street education platform
  • Fund managers attending Fund Launch Live 2024
    The Fund Launch Live community
  • Diagram showing the Fund Launch Formula for launching and managing funds
    The Fund Launch Formula
  • Bridger Pennington and Mason Vranes on the Alt Street set
    Bridger and Mason on the Alt Street set
  • Bridger Pennington teaching fund strategy at Fund Launch Live 2024
    Teaching funds at Fund Launch Live 2024
  • Jim Lawler featured on the Alt Street platform
    Jim Lawler on Alt Street
  • John S. Pennington Jr. teaching at Fund Launch Live Orlando
    John Pennington teaching in Orlando
  • Private equity fund manager Kelly Ann Winget
    Kelly Ann Winget on the Alt Street platform
  • Lincoln Archibald behind the scenes on the Alt Street set
    Lincoln Archibald on the Alt Street set
  • Lincoln Archibald teaching GP stakes on Alt Street
    Teaching GP stakes on Alt Street
  • Quant fund co-founder Marc Malek featured on Alt Street
    Marc Malek on Alt Street
  • Alt Street alternative investing education logo
    The Alt Street brand launches
  • Fund Launch Live 2024 event with seventeen hundred attendees
    Fund Launch Live 2024
  • Third Fund Launch Live event in Orlando Florida
    The third Fund Launch Live in Orlando
  • Behind the scenes production of the Alt Street education platform
    Producing the Alt Street platform

2025

No. 2652 on the Inc. 5000

Fund Launch reached $45 million in revenue in 2025 and ranked No. 2652 on the Inc. 5000. Utah Business named Mason Vranes to its 20 in Their 20s list. The company also released Fund Launch 360, software that helps managers track investor relationships and fund operations.

  • Fund Launch ranked number 2652 on the Inc. 5000
    No. 2652 on the Inc. 5000
  • Mason Vranes receives the Utah Business 20 in Their 20s award
    Utah Business 20 in Their 20s
  • Launch of Fund Launch 360
    Fund Launch 360 launches
  • Fund Launch wall of awards including the Inc. 5000 number 2652 recognition
    Fund Launch awards on the office wall

2026 · PRESENT

Our mission: democratize Wall Street

57 members
$1M-$10M raised
77 members
$10M-$100M raised
25 members
$100M-$1B raised

As of August 2026, Fund Launch members reported capital raises across the ranges shown above. Clients also reported $7.1 billion in combined assets under management (AUM).

Fund Launch has not independently verified these figures. They do not guarantee that another client will raise capital or earn an investment return.

Fund Launch's mission is to democratize Wall Street and make high finance accessible to all.