There are several ways to build an investor deck to get seed funding, but there is no perfect way, of course. The common thing between all successful decks is that they are short and clear. Be sure to read 9 seed funding gotchas and 8 things you need to know a about raising venture capital before you start working on your deck.
In this post we will talk about what goes into a typical seed round deck.
1. Logo with 1 liner
2. The Problem
3. The Solution
4. The Demo
5. Business Model
6. Marketing / Sales Effort
7. Market Size
9. The Team
10. Timeline / Milestones / Traction
12. The Ask / Close
13. Contact Info
1. Title & Contact Info
3. Vision / Mission
4. Product / Solution
5. Market Size / Trends
6. Distribution / Acquisition
8. Roadmap / Timeline
9. Traction / Milestones
10. Projection / Metrics
11. Team / Advisors
7. Business Model
9. Market Opportunity
10. Financing + Milestones
As you can see they are mostly similar with some minor differences in the amount of information and the order. Most items should be 1 slide. It is fine, of course, to add two or more per item, but don’t have too many slides. Th perfect deck is a short one.
- Clearly label each slide – Problem, Solution, Team, etc to make the deck easily scannable.
- Make slides simple. Don’t put a ton of text.
- Use larger fonts, and bigger graphics.
- Make charts and stats clear and awesome.
- Include unrealistic growth forecasts charts that are hockey sticks in the future.
- Describe how many engineers you will hire.
- Make stuff up or lie.
Team: List the team, and your background. Highlight specifically what, if anything, qualifies you to start this business. List relevant experiences. Also list key advisors and investors, if you have them, and if they are well known.
Vision: What is your vision? Why did you start this? What is your true north? Clear and simple one liner.
Problem: What problem are you solving? Again be brief. Add data and market research to support your statement. Explain why this is actually a problem, and a big problem worth going after.
Solution: What is your insight? What is unique about it? Be very specific. If your solution involves a platform / defensible technology, be sure to illustrate it. Add another slide, if makes sense.
Demo: Show don’t tell. Embed a demo video of your solution. 1 min. Make it awesome. Be product obsessed.
Traction: State key metrics that drive your business. Show charts, make them awesome. Speak to your metrics and growth – it is important. Even if your traction isn’t huge, speaking to it illustrates you are metrics driven. Investors want to back metrics-driven founders.
Business model: Describe clearly how you are making money or planning to make money in the future. If you don’t know yet, be ready to explain which key metric is important for your business and why.
Competition: Avoid magic quadrants, they are tired. Instead, list all your major competitors and highlight their strength. Then below, explain in 1-line what makes you different.
Opportunity: Describe your addressable market, and size it. Give clear backing to how you arrived at the numbers. Avoid top down analysis: we are in $X billion market. Instead, show clearly what the actual addressable market is. Attach bottom up / unit-economics analysis to back the number.
Financing: Describe how much you are raising, and what milestones you will achieve with the money. Good milestones are growth milestones like revenue, customers and users. Each financing is done to get you to either profitability or, more likely, another financing. This is why it is important to get the milestones right. Read this post for more details.
Once you built the deck, get feedback from your advisors and other founders. Then go and field-test it. Be self-critical and listen carefully to feedback from potential investors. Don’t get happy ears. Iterate and change the deck based on the feedback you get. Make it better.
Like with everything, there is no such thing as perfect deck. The more you work on it, the more you iterate, and the better clarity you get on your business the faster investors will write you a check.
Want to learn more from our MDs? Apply to our accelerator programs.
Apply now for your chance to be part of the “Techstars for Life” network with access to more than 3,000 mentors, founders and investors. The deadline to apply is March 20, 2016.
Watch this short video to see how Techstars is for startups of every stage. (And don’t forget to check out our FAQs which will answer many questions about the application process.)
Each of my previous facilitations have been special in their own right:
- My first in NYC, shadowing the EDU vets on how to run a proper Startup Weekend,
- Orlando, where I had a blast participating in the first ever college education edition,
- Miami Diversity, the Startup Weekend version of a Spanish-language telenovela, and
- Triangle Trailblazers, where diversity is a prime directive, not an afterthought.
This next event may surpass them all – Portland is and always will be my hometown. I was born in Oregon City and went to school in the Beaverton School District, graduating from Southridge High School. (I’d rather not say when because, well, I’m old.)
Leading up to the event, I’ve been thinking a lot about this concept of “home”, especially as I’ve recently claimed a new one after moving to Seattle.
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Pittsburgh: Where I Found Myself (and just a few months before 30 – whoo!)
Before moving in August, I lived in Pittsburgh for three amazing years. I had just married my brilliant (and crazy-tolerant) wife, and other than striving to be the best husband possible, I had no idea what to do with my life … until I discovered Startup Weekend.
From that intense, eye-opening 54-hour experience, I launched my own ed-tech community, which was admitted into an incubator, received seed investment, and even found customers. I continued to volunteer and organize for SWPGH six times, launching its first education edition in February of this year.
Above all, I made friends who simply “got it” – people who came from the Startup Weekend world as well, and knew how to “give back” in the Brad Feld sense. When we weren’t organizing in the Pittsburgh community, we’d go on an Eat ‘n Park run or watching Silicon Valley on HBO On-Demand. It was grand.
I truly considered Pittsburgh my home until two opportunities opened up for me and lured me back to the West Coast: briefly serving as east coast regional manager for UP Global before its acquisition by Techstars, and now joining the mission to transform education, technology, and entrepreneurship with Galvanize.
Seattle: How I Quickly Thawed the “Seattle Freeze”
The move from Pittsburgh was … precipitous. I didn’t have the best chance to express my love and gratitude to everyone that did so much for me in Pittsburgh over the years (though I tried to cover as many bases again here). When I moved to Seattle, I was warned of the “Seattle Freeze” and heard it would take time for me to make friends.
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That has not been the case … because of Startup Weekend. The first people I contacted were my former co-workers, who then introduced me to the local Seattle community leaders. Instantly, I felt like I found my family here, connected by a shared passion and experience to build community through entrepreneurship.
Recently, I was invited out to the Techstars Community Leader Retreat to get to know Portland’s Dina Moy and dozens of other organizers from the US and Canada. I came away with the trip with two impressions:
- I am completely down with the Techstars vision and rationale for why it acquired UP Global. Techstars may be the largest for-profit accelerator in the world, but it was originally founded on the mission to lower the barriers of entrepreneurship to the world.
Supporting initiatives like Startup Weekend, Startup Next, Startup Digest, and Startup Week won’t really be profitable in the short run (why mess with a good thing), but in the grand design, these programs will cultivate both better startups worthy of support and stronger, focused communities that can support them.
That’s the vision that Techstars and UP Global shared, and that’s why I’m willing to stay on as a community leader and global facilitator. The terms of engagement do not really change from a non-profit status (in fact, they never actually did when you discover the legal difference between donation and sponsorship). Why should our support of the community change because of it?
- We may come from different cities, but we’re all Startup Weekend nation. Every community leader had a story to share, and the rest of us listened. Whether it was a startup story or a Startup Weekend anecdote, we “got” each other. (The altitude may have been a factor.)
If You Can’t Find Your Community, Create It (and Startup Weekend can help)
I look back on the last three years of being a Startup Weekender and can’t believe how far I’ve come from my previous status as a graduate school drop out. I didn’t make a lot of money, win any major awards, or acquire any common materialistic milestones like a new car or house.
I did, without question, make a lot of friends, and unlike the ones I made before, these friends stay in touch and support me however they can without asking anything in return, and vice versa. I also traveled a lot to places I never thought I’d ever go to until I was “summoned” by people I never met before.
Every time I go facilitate, I ask to crash on a couch or even on the floor just for the opportunity to bond with another community leader. Anytime a community leader asks to visit me, I prepare a spare room for them, no strings attached.
I’ve found my family, and we’re actually not that difficult to find.
Just look for the ones that “get it.”
Lee Ngo is a Seattle-based community leader and global facilitator for Techstars formerly based in Pittsburgh. He currently works as an evangelist for Galvanize.
For our second “pre-event” leading up to our Health + Fitness Edition in NYC (the first being a ride with SoulCycle!), Startup Weekend NYC hosted a panel to discuss innovation and growth opportunities in the Healthcare Industry. This was a sold out event held at WeWork Soho Lounge, and included a group meditation facilitated by Buddhify. We were fortunate to be joined by:
- Derek Flanzraich: Founder and CEO of Greatist
- Dr. Bobby Green: VP of Clinical Strategy of Flatiron Health
- Calvin Hwang: CXO of CityMD
- Mike Kopko: Head of Business Development of Oscar Health Insurance
- Fon Powell: Founder of SALT (Sodium Analyte Level Test LLC)
After an hour of very lively discussion and facilitating questions from the attendees, we pulled together this list of 15 things that were most interesting points to come from the event:
- Healthcare is having a tremendous moment now!
- Surprisingly, numbers point to the reality that millennials are not any healthier than their age group was a generation ago.
- NYC is a “startup” startup-scene.
- Let’s get doctors doing more doctor stuff less administrative work.
- Opportunities around the “consumerization” of healthcare have never been so numerous and fantastic!
- NYC is offering startups incredible science and technology resources to build amazing Health tech solutions.
- It’s exciting to hear about how technology is completely changing how an entire industry is operating.
- I am not sure we are seeing another industry be so completely disrupted.
- Building a company in the healthcare space is challenging but knowing those unique differences can make or break a company.
- Preventive health is a broader and more impactful approach to health living!
- We need to create partnerships in healthcare to help push prevention to the forefront of people mindset.
- An integrated view of health history is super important to provide consumers with the best tools to work with doctors.
- Healthcare very scattered, not enough focus on patients and patient care specifically. Data will change things!
- Responsibility around regulations and privacy is very high.
- NYC offering next level tech talent and a great consumer base for consistent growth!
Having volunteered at several previous SW events, I found Startup Weekend NYC B2B Edition to be really informative. The event was stacked with helpful mentors and speakers, including Roger Osario, Startup Weekend Facilitator, Eddie Cullen, Community Manager at Grand Central Tech, Tony Chang, Product Manager at Intuit, and Chi Nguyen, Product Strategist at Perka and Lead Organizer of Startup Weekend B2B.
Blaga Popova, Director of Engineering at Voyat and a former Startup Weekend NYC organizer, kicked off the weekend by highlighting some important differences between B2B (business-to-business) and B2C (business-to-customer) companies:
B2B companies typically have lesser known brands
B2B companies usually deliver platforms that work behind the scenes and may be white-labelled, whereas B2C companies rely on popularity and brand recognition.
B2B companies have a few large clients, while B2C companies have many customers
B2C companies often build products that create enjoyment or convenience for a wide audience. Their larger user bases can quickly swing from wild enthusiasm to complete disinterest in a matter of days, creating instability for the business. Conversely, B2B companies enjoy greater retention rates. Clients take longer to acquire and onboard, but they see the purchase or subscription more as an investment, so they often stay and help improve and steer the product.
B2B companies focus on solving existing problems and maximizing near-term revenue
Investors can be especially tough on B2Bs. Venture capitalists demand more developed business plans that account for revenue, product/market fit, and scalability. The flip side, however, is that B2B companies also tend to stabilize more quickly, so they can rely less on investor funding in the long run.
B2B companies need to consider how to seamlessly integrate with legacy software that already exists
B2C companies have more flexibility to build on trending frameworks and technology. Shane Brauner, Vice President of IT and Operations at Schrödinger and a mentor at SW B2B Weekend, commented, “Lack of integration with existing, legacy systems is a key blocker for startups who are trying to get businesses to invest in a new technology.”
Overall, I learned a great deal from just the Friday evening kickoff of the Startup Weekend B2B Edition, and I’m curious to know what YOU think. What are some of the biggest similarities or differences between B2B and B2C companies? Which one do you prefer? Let me know in the comments section below!
About a month ago, the 12 companies of Techstars NYC 2015 winter class presented at Demo Day. The founders of the graduating companies recently shared their wisdom and insights with Entrepreneur.com. Check out the highlights below and read the full article here.
1. Make more connections
2. Create time for mentors
3. Concentrate on growth
4. Treat mistakes as learning opportunities
5. Take care of all logistical headaches before the program starts
6. Get moving
7. Nail down your source of caffeine
8. Plan ahead
We are delighted to open the applications for our Fall 2015 Techstars class in New York City!
The application deadline is June 28th, and the class will kick-off end of September, finishing off with Demo Day in December.
Techstars NYC Fall 2015 Recruiting Calendar
Below is the calendar of our recruiting events. We want to meet with you, tell you more about the program, and discuss how Techstars NYC can help you accelerate your business. Here is how you can connect with us:
Live casts: Ask Techstars NYC livecast. Connect with us on Wed at 6:30PM during these dates: 4/29, 5/6, 5/13, 5/20, 5/27, 6/3, 6/10, 6/17, 6/24, and also 6/27, 6/28.
Calendar: All events are in this Google calendar.
May 1: Applications Open
May 14-15: Techstars NYC in Amsterdam (tentative)
June 28: Applications Close
Techstars NYC Updates
To date, we’ve done six programs in NYC and have 100 Techstars companies based in NYC. We just graduated a great group of companies, and our most technical one to date. Here are blog posts about them: Techstars Winter 2015, 7 Innovations from Techstars NYC and a Full Demo Day Recap.
In 2014 fifty Techstars companies in NYC have collective raise over $180MM in funding. ClassPass is a Techstars graduate and one of the fastest growing Techstars companies in NYC. Here is a video ClassPass CEO, Payal Kadakia, addressing the attendees at the latest Demo Day.
We have written about Top 10 Reasons to Join (or not Join) an Accelerator. In addition, here are the things that are particularly great about the Techstars NYC program:
- You get AMAZING mentors
You will have access to NYC founders and CEOs, top angel investors, venture capitalists, as well as amazing mentors with background in product, engineering, marketing and finance.
- You really grow & accelerate your business
The program is rigorous and metrics driven. We help the companies make tangible progress and help grow & accelerate their business. Our approach is based on numbers, because numbers and facts are a lot more fundable than just stories (we love stories too, but we love stories with numbers more).
- You get a network for life
Techstars is not just a 13 week intensive program. It is one of the largest and fastest growing networks of entrepreneurs around the world. Once you are a Techstar, you are a Techstar for life, and you get to be part of the network that helps you go faster and accelerate your current and future businesses.
- You are at the center of NYC tech scene
New York has become a great place to build a startup. We have a ton of smart business people, engineers, entrepreneurs, executives, and investors who are working together to create valuable and lasting companies in NYC. By joining our next program you put yourself at the center of it all – literally, our brand new 13,000 SQ FT space is overlooking Times Square and the Empire State Building.
We are calling on all passionate entrepreneurs with big vision and focus on execution. Everyone is welcome and encouraged to apply. We particularly look forward to seeing companies building unique, interesting technologies and companies with revenue and real traction.
Today we are graduating the 6th Techstars NYC batch. The companies worked super hard during the program, and we are delighted to see just how much growth and progress they’ve achieved.
This batch was remarkable in a number of ways.
First, it was the most tech-focused group we’ve ever had in NYC. A new kind of data store, innovative translation service, software to optimize ISP delivery, complex 3D and virtual reality algorithms, in-browser interpreter for running R, microservices, NodeJS management and even the world’s first printer for electronics — this batch tackled it all. For more about the innovation that these Techstars companies have launched please read this post on my blog.
Secondly, we had the most international group. Five teams moved across the ocean to participate in the program. They came from Australia, France, Belgium, and the Netherlands.
Here is a little bit more about each company, and the progress they made.
|BentoBox offers restaurants a platform to manage mobile-first websites, marketing and operations. Over 100 restaurants in NYC, including Union Square Hospitality Group, Spotted Pig, Breslin and Meatball Shop are using Bento Box today. The company is seeing 30% MoM growth, and is now expanding to other cities.|
|Cartesian Co enables rapid electronics prototyping with their desktop 3D printer for circuit boards. Think MakerBot for electronic circuits. To make this technology possible, Cartesian team had to invent a new kind of ink. To date they’ve sold $300K worth of printers to both hobbyists and big names like Google and NASA.
|DataCamp is an online data science school that offers hands-on courses using video lessons and interactive coding challenges. Over 100K data scientists have signed up. DataCamp is ramping up its monthly revenue via subscriptions, and have partnered with GA, Coursera, top universities, Microsoft, IBM and Accenture.|
|Stefan’s Head – is the first text-message driven retail brand. Looking for something off the beaten path? Look no further. Whimsical Stefan is your weekly shopping concierge and companion. He dreams up cool, limited edition products and texts you when the next one is ready. Hurry, if you snooze, Stefan will offload his stuff to other peeps. To get on the list: TXT STEFAN: 646-759-0904.|
|irisVR builds software to share, edit, and visualize 3D models in virtual reality. With their platform people can experience spaces in VR before they are built. IrisVR helps save money on costly updates and post-construction changes. IrisVR has 1,200 beta signups including top AEC (architecture, engineering, construction) firms in NYC.|
|Keymetrics offers a real-time platform for managing and monitoring NodeJS applications. Their open-source product, PM2, has been downloaded more than 600K times and grew 14x in the last 12 months, and is now seeing 40% MoM growth. Keymetrics powers tens of thousands of websites around the world and has Intuit, PayPal, and Southwest Airlines among their beta customers.|
|Localize offers localization as a service, and helps translate your website with one line of code. They make a typically painful process completely painless with no dev effort. The company now has 150 paying customers and served translated pages to over 10MM unique visitors in March. Localize has been experiencing rapid growth, averaging 15% revenue and customer growth WoW.|
|LSQ is a platform for developing and deploying microservices. Similar to how Docker popularized containers to make application deployment simpler, LSQ is making it easier to build large-scale applications using microservices. LSQ released its first version during Techstars and has 50 beta customers.|
|Pilot is a new kind of internet provider for businesses. It is fiber-based, 10x faster than Google Fiber, features transparent pricing, 100% uptime guarantee and white glove service. Pilot built smart software that helps guarantee speed and makes it easy to manage internet in the office. They have 150 customers in NYC, 30% MoM growth and will be soon expanding to Chicago.|
|Spoon University is a food network for the next generation. They have experienced more than 10x growth in the last 4 months, and now have 2.5MM uniques. Spoon University is building a new type of media company: a true network. 3K students contribute content from 100 campuses around US. Warning: this site is very addicting.|
|Stream is new kind of data store designed for building, scaling and personalizing feeds. 500K apps have feeds in them and they keep re-inventing the wheel. Much like Elasticsearch changed the game for search, Stream is making building feeds easy. The company has 100 customers, and has seen 50% growth WoW in Techstars. They served 10MM feed requests in March, and have Rhapsody, eToro, and StockTwits in beta.|
|Unique Sound is a platform for composers and sound creatives to showcase their work and get hired. As the mobile video is growing the demand for high quality original music grows with it. UniqueSound now has a database of 1,000 composers who have done projects for L’Oreal, Mandarin Oriental, and Samsung.|
Led by the incomparable Deborah Chang, the well-synced and ragtag organizational team of David Fu, Benjamin Newton, Laura Patterson, and Ingrid Spielman (with community leader Andrew Young as advisor) delivered a sold-out, knock-out event on May 27th.
In between real-talk mentoring and the occasional selfie, I took many mental notes about some best practices I saw at SWNYCEDU that I think should be replicated across all SWEDU events, if not Startup Weekend itself.
For your consideration:
1. Hold the event at a school, but in an open area
It’s a common understand that a SWEDU event (or Startup Weekend in general) should take place in a school – plenty of whiteboards, space, breakout rooms, and common areas. If teams are all in classrooms, however, they won’t interact with each other as much, which inhibits the core purpose of building community.
SWNYCEDU put most of the teams out in a common area, giving each station a huge whiteboards, sufficient tables, and open spaces to roam and float to other teams. The result: a willingness to share and collaborate that supersedes the spirit of competition.
2. Give out lanyards with ALL of the FAQ information you’ll need
“What’s the wifi password, again?”
“What’s the Twitter hashtag for this event?”
“How do I know you’re actually supposed to be here?”
Not a problem when it’s hanging around your neck at all times. Key information is great to have, and it’s also a reusable, standardized way to maintain formality and security at the event.
3. Use a text-messaging app to send out alerts
More compelling than email or social media, texting gets people’s attention faster and adds another method of outreach to a crowd of focused, stressed-out participants.
4. Provide advance information and office hours signups for mentors
Figuring out how to coordinate members seemed like an impossible art to me, but this group worked it out well by creating a station for teams to review and request mentors.
Coaches were asked to come at specific times, and teams sign up to meet with them on a first-come, first-serve basis. This eased confusion greatly for everyone.
5. Provide 3 phases of mentoring: brainstorm, focus, and presentation
Traditionally in other Startup Weekends, mentors pop in an event at various, even unpredictable times, and sometimes their advice does not mesh well with the team’s general progress. Some are already validated and advanced, and some are still searching for that “thing.”
SWNYCEDU takes these variations into account and brings in mentors during Saturday morning and afternoon strictly for brainstorm and validation.
In the evening, they bring in mentors (usually Startup Weekend veterans) who aim to provide focus after a long day of retaining multiple opinions and ideas.
By Sunday, SWNYCEDU brings in coaches who specialize specifically in pitch practice and communication, not business content or validation. This overall strategy gives teams a bit more structure and clarity as they evolve their ideas into bona fide companies.
6. Use Google Slides to present pitches seamlessly…
Simply put, there are far too many different ways to present at a Startup Weekend. Teams tend to present off their own laptops and switch back and forth between operating systems and format. In my opinion, this is a clunky and volatile process.
SWNYCEDU had one computer for the entire presentation setup, so they used a single format (Google Slides) and uploaded everything into the cloud. A huge amount time was saved overall between transitions.
7. … make teams do web demos (and tech check in advance)…
Doing live demos are traditionally considered a big risk at Startup Weekend – technical failures are perhaps forgiven but not forgotten. With only one computer for all 13 presentations, all demos also had to be sent up to the cloud and tested by 3pm.
8. … and put links to both decks and demos in a single Google Doc
A little embarrassing backstory: Startup Weekenders should always consider Murphy’s Law – whatever can happen will happen. This happened to me when I foolishly opened up every single presentation and demo into a single web browser and, to no one with a basic understanding of IT, crashed the system.
Organizer David Fu stepped up in a huge way to reboot the system and put all of the links to the slides, demos, and videos in a chronologically organized Google Doc. Once everything was back in order, the process went smoothly. Despite the 20-minute technical delay, we finished the event on time.
9. Serve dinner while the judges deliberate
As a past organizer and volunteer, I’ve never known what to do with the judges deliberation period. Dinner usually is served after presentations are submitted, and in the past I’ve seen ways to pass the time such as Community Asks or some light video or entertainment.
Serving dinner gets people to talk across teams, offer congratulations, and take their minds off the anxious decision that awaits them. Good food placates all.
10. Make animated GIFs of yourselves whenever possible
Taking on a new initiative that gets communities also doing Startup Weekends simultaneously, we made some fun little animated images for our friends in D.C., who held a Maker-themed event of their own. I think this speaks for itself.
If only we made more… Andrew Young, I’m looking right at you.
Finally, and most importantly of all:
11. Have a team that puts vision, guests, and team above ego
I can’t say enough wonderful things about Team SWNYCEDU. There was not an iota of attitude among any of them. When things went right, they showered each other with support and praise. When things went wrong, they responded to the problems with solutions rather than stand around and point fingers.
On top of that, they were an absolute pleasure to work with. I laughed at Laura and Ingrid’s wry jokes, felt secure by Ben and Deborah’s unflinching professionalism, and may have found some long-lost cousins in Fu and Young. You couldn’t buy a better team than this one – they’ll do it all for free.
In short, I learned a lot at Startup Weekend Education New York City. I hope you’ve learned a lot by reading this, too. Can’t wait to come back next year… perhaps as a participant? =)
Lee Ngo was the facilitator of Startup Weekend Education New York and is a Regional Manager at UP Global, the parent organization of Startup Weekend. To learn more about UP Global and its efforts to spread the spirit of entrepreneurship throughout the world, you can email him at email@example.com.
To reach out or get involved with the Startup Weekend New York City community, reach out to firstname.lastname@example.org or email@example.com specifically to contact the SWNYCEDU organizers.
Photos from this event courtesy of Frank Fukuchi and the organizers and volunteers of Startup Weekend New York City. All rights reserved.
More about Education Entrepreneurs
Education Entrepreneurs is the largest initiative in the world focused on helping people use entrepreneurship to improve education. Its suite of offerings include Startup Weekend Education, Startup Digest Education, Workshops, online resources, and a global network of Community Leaders. Spanning six continents, Education Entrepreneurs has created an unprecedented opportunity for anyone, anywhere to shape the future of education.
We are very pleased to announce the new Techstars class here in NYC. This will be our 6th session in the city, and my second as the Managing Director. The winter session started this week, and will end with the demo day on April 17th.
We had 60% increase in applications for NYC program this year compared to 2014, and the acceptance rate was 0.8%. The companies that got selected are innovating across wide range of spaces including virtual reality space, electronics prototyping, developers tools, mobile, localization, e-commerce, content and more.
This year, for the first time, we had Techstars alumni participate in interviewing the candidates. We want to take this opportunity to thank 60 Techstars NYC alumni companies and 300 mentors for their ongoing and generous support. We look forward to an amazing session this Winter. Here are the companies:
|BentoBox provides mobile-optimized websites and digital marketing tools for restaurants.|
|Cartesian Co enables rapid electronics prototyping with our desktop 3D printer for circuit boards.|
|DataCamp is an online data science school that uses video lessons and interactive coding challenges.|
|Goods of Record is an online marketplace for artisan men’s goods, made only in America.|
|irisVR builds software to share, edit, and visualize 3D models in virtual reality.|
|Keymetrics is a software-as-a-service monitoring solution for Node.js.|
|Localize helps translate your website with one line of code.|
|LSQ is a rapid software development platform for Node.js.|
|Pilot is a new kind of internet provider, delivering ultra-fast fiber optic internet to businesses with no contracts and a 100% uptime guarantee.|
|Spoon University is a food network for the next generation where all the content is produced by college students.|
|Stream is a web service for building scalable newsfeeds and activity streams in hours instead of weeks.|
|Unique Sound is a marketplace that helps brands, ad agencies, and video producers to get original and affordable music directly from composers.|