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Techstars

Techstars provides $118,000 in seed funding, intensive mentorship, and an amazing network of mentors and alumni for 7-10% equity in your company.

Overview

1407 Broadway, 24th Floor
New York, NY 10018

Details

Techstars is a mentorship-driven seed stage investment program. We run a three month long program in Austin (TX), Boston (MA), Boulder (CO), Cloud (San Antonio, TX), Chicago (IL), New York City (NY), Seattle (WA), and London (UK) once each year. Additionally, we run several powered by Techstars programs with some of the best brands in the world. We’re very selective – hundreds of companies apply and we only take about ten companies per city. These companies get $18,000 in seed funding. In addition, companies accepted into the program are offered a $100,000 convertible debt note by a group of prominent VCs immediately upon acceptance into Techstars. Techstars founders also get great perks such as free hosting and services, a nice place to work, three months of intensive top-notch mentorship, and the chance to pitch to angel investors and venture capitalists at the end of the program. When the program concludes, being an alum does not. The supportive network of Techstars alumni, mentors, and investors is unrivaled. The opportunity to pitch to angel investors and venture capitalists at the end of the program is provided during our Investor and Demo Day. Historically, Techstars companies go on to average more than $1.6M raised in outside capital after the program.