Today marks the beginning of Techstars’ first SportsTech focused accelerator, the Techstars Sports Accelerator Powered by Indy, a 13-week mentor-ship driven accelerator program supporting startups addressing solutions across the sports spectrum. Seeing great success with past accelerator participants focused on SportsTech solutions, including alumni such as ClassPass (Techstars NYC 2012), DRAFT (previously “Starstreet”, Techstars Boston 2009, acquired for $48M in 2017) CoachUp (Techstars Boston 2012) Brizi (Techstars Boston 2017) and Ubersense (Techstars Boston 2011, sold to Hudl in 2014), we are excited to bring a dedicated Sports focused accelerator to directly support and empower entrepreneurs in this exciting industry.
In partnership with founding partners Pacers Sports & Entertainment, Next Level Fund, 50 South Capital, NCAA, and Indiana Sports Corp, and supporting partners the Indianapolis Colts, NTT IndyCar Series and the Indianapolis Motor Speedway, Techstars is proud to announce the 10 companies selected to participate in the inaugural class of the Techstars Sports Accelerator Powered by Indy!
I’m thrilled to be joining Techstars as Managing Director of our new program, Techstars Sports Accelerator Powered by Indy.
From my experience running two venture-backed sports tech startups (CoachUp.com, Techstars Class 19, Techstars Boston 2012 and Draft.com, Techstars Class 5, Techstars Boston 2010 (under the brand StarStreet.com back then), I know firsthand the challenges that sports tech founders face, and the value that Techstars offers. I’m passionate about sports and about helping founders, so this opportunity really hit home for me.
When I founded CoachUp I was a 25-year-old first time CEO. Everything was new, and everything was hard. Now that CoachUp has hit profitability, after raising $15M in venture funding and partnering with NBA MVP Stephen Curry, I know that without Techstars—the program itself, its leadership, and its network of founders, angels, and mentors—we might not have made it off the ground. When I joined DRAFT as co-CEO we were 10 people in an apartment, working literally around the clock to make “fantasy for the people” a reality, and we did it, thanks to an amazing team and investors who stood by us.
One of the biggest things I’ve learned through my own startup experiences is that no one—and no company—succeeds alone. I try to live the Techstars value of Give First. Over the past six years I’ve dedicated pretty much all of my “free time” to doing just that, and helping startups succeed: as an LP in the Boston Techstars fund, a mentor at the Boston and NYC Techstars programs, an investor and advisor to over fifty venture backed startups, and the author of CoachingUp!, a book about authentic leadership… all of which has led me to this role.
I believe that we will build the best sports accelerator in the world. We have incredible partners, including founding partners Pacers Sports & Entertainment, NCAA, Next Level Fund, 50 South Capital, Indiana Sports Corp, and supporting partners the Indianapolis Colts, Indianapolis Motor Speedway and NTT IndyCar Series. The sports and venture communities in Indianapolis have rallied together to make this program a reality, and I’m thrilled to be joining them.
So, if you are a founder working in the broadly defined sports ecosystem, the ball is officially now in your court! Start your application today—or request office hours to show us what you’re working on.
Want to Define New Cross-border, Cross-currency Money Movement Technologies or Deliver Winning Sportstech Solutions? Applications Now Open for Techstars Q2 2019 Mentorship-driven Accelerators!
Techstars, the worldwide network that helps entrepreneurs succeed, is excited to announce the opening of applications for two 2019 Techstars Mentorship-Driven Accelerators across the United States.
Techstars will be opening applications on December 3rd for two new mentorship-driven accelerator programs: Western Union Accelerator, Powered by Techstars, based in Denver, Colorado, and Techstars Sports Accelerator Powered by Indy, based in Indianapolis, Indiana. Each accelerator is accepting applications through March 3rd, with programs kicking off the week of June 10th.
As a global leader in financial services in cross-border, cross-currency money movement with a heritage of over 150 years of innovation, Western Union (NYSE: WU) is excited to help startups bring cutting-edge customer solutions to the ever-changing financial services industry, and have access to entrepreneurial talent and emerging technologies. Western Union Accelerator, Powered by Techstars is looking for entrepreneurs and startups addressing digital customer experience, point-of-sale solutions, fraud prevention, digital ID, cross-border transaction processing, digital wallets, and other related technologies.
Founding partners of Techstars Sports Accelerator including Pacers Sports & Entertainment, NCAA, Indiana Sports Corp, Next Level Fund and 50 South Capital, and supporting partners the Indianapolis Colts, Indianapolis Motor Speedway and the IndyCar Series are proud to come together to propel innovation geographically in the Indy region, as well as industry-wide in the world of sports technology. The business of sports is big and the Techstars Sports Accelerator Powered by Indy will focus on disruptive technologies across the sports landscape from solutions for fans, player/driver safety, ticketing, merchandising, athlete performance management and athlete wellness across the technology spectrum. Everyone will be a winner!
At Techstars, we’ve created the network that supports your startup by surrounding you with the right people to mentor, inspire and challenge you and your team. Check out these founder stories from Techstars alumni companies like SendGrid, ClassPass, and DigitalOcean to learn how each Techstars Mentorship-Driven Accelerator program facilitates an environment where entrepreneurs accelerate their businesses and move towards growth and success.
This past October, SendGrid (Techstars Class 4) was acquired by Twilio (a Techstars Ventures portfolio company) for nearly $2 billion. Both Twilio and SendGrid have been impacted by Techstars over the years. In many ways, this deal is just the latest, headline-grabbing step in a nearly decade-long story about the power of the Techstars network in action.
Over the past 11 years, more than 1600 companies from countries around the world have participated in Techstars accelerator programs, raising over $6 billion in funding. With Techstars worldwide network of 10,000+ mentors, partners, investors and founders, we’re excited to continue our mission and source the next wave of promising entrepreneurs to join our community. Apply today to take the next step in your startup journey and join the Techstars worldwide network.
Techstars, the worldwide network that helps entrepreneurs succeed, and the SportsTech founding partners Next Level Fund, Indiana Sports Corp, NCAA and Pacers Sports & Entertainment and supporting partners the Indianapolis Colts, Verizon IndyCar Series and Indianapolis Motor Speedway, are joining together to bring a new mentorship-driven accelerator program to Indianapolis: Techstars Sports Accelerator Powered by Indy.
The three-year accelerator program will launch at the 103rd Running of the Indianapolis 500 in May of 2019 and will support innovative startups across many sectors, stages and business models aiming to combat issues in sports technology.
The Techstars Indy team will source, select and accelerate 10 of the most-talented companies in the following potential areas: fan participation, player/driver safety, ticketing, merchandising, athlete performance management, athlete wellness, among others. The accelerator provides startup founders with mentorship from experienced entrepreneurs and industry experts, and the chance to pitch to angel investors and venture capitalists at the culmination of the 13 weeks.
The Techstars Sports Accelerator will have a key focus on innovation with goals to foster early identification of key trends for future technology in sport; meaningful engagement with early-stage sports tech companies; embrace technologies and business models that will impact the sports industry; and enhance a culture of internal innovation and the spirit of entrepreneurship.
Applications will open in December 2018 with the program kicking off in May 2019.Companies interested in applying are encouraged to fill out the General Interest Form.