Table of Contents

General

Who are the most notable Techstars companies?

This page shows you our top 50 companies sorted by enterprise value, and below that, a complete list of all of the companies that we’ve ever funded. We’ve included their current status, funding raised, and more.

That said, there really are too many to name, and more great companies are joining the Techstars network every year, but you might want to check out ClassPass, Cloudability, Coachup, Contently, Crowdtwist, Distil Networks, DataRobot, Digital Ocean, DoubleDub, Everymove, FullContact, Ginger.io, GrabCAD, Kapost, Keen.io, Kinvey, Localytics, Mocavo, Next Big Sound, Occipital, OnSwipe, PillPack, Pivotdesk, Placester, Plated, Remitly, SendGrid, Simple Energy, Sphero, and Synack.

I want to be a mentor for a Techstars mentorship-driven accelerator.

You can learn more about mentoring here or apply to be a mentor here.

I want to research Techstars / I’m gathering information about Techstars.

We receive multiple inquiries like this per day, so unfortunately we can’t engage deeply with everyone that wants to study us right now. We have the great fortune of having been covered extensively by the media and our website is very thorough. We encourage you to look through our companies to see if this information answers your question.

Can I stop by your office to say hello?

We have offices around the world, and many are busy running programs throughout the year. We are happy to consider taking an appointment, so please contact us instead.

Do you ever offer internships to people interested in Techstars?

Yes. Take a look at our careers page to see what we have available now, or consider applying to be an Associate. Our associate programs are short-term, full-time paid positions that support the founders and staff for our accelerator programs. You can cross-apply to multiple program locations as well. Keep an eye on our jobs board as we consistently update our postings.

I’m a Veteran entrepreneur. What kind of resources do you have for me?

Thank you for your service to our country! Techstars is a supporter of Patriot Boot Camp, an organization that is equipping military veterans and spouses to build technology companies of scale and impact. You can reach them at info@patriotbootcamp.org.

I have a startup idea. Can you help me?

We support entrepreneurs who are in Techstars programs, including our mentorship-driven accelerator programs and Startup Programs. We encourage you to explore more about our programs and determine which would be most helpful to you at this stage of your company journey.

Can you fund my business?

We invest primarily through our mentorship-driven accelerator programs.

On average, accelerator companies raise > $1M in the first round of investment post-program, and >$3M in subsequent rounds. For more detail about the funds raised by our Techstars alumni companies, check out our Companies page. Participating in an accelerator provides valuable access to funding, industry mentors, potential venture capital investors, and +400 perks worth more than $1M. Plus, you’ll join a powerful lifetime network of +10,000 founders, mentors, and investors—all committed to helping each other by “giving first”. We encourage you to learn more and consider applying.

You can fill out our General Interest form here, or find all open applications here.

Can Techstars sponsor my event?

Unfortunately, at this time we are not financially supporting any events outside of Techstars.

Can you fund my organization/non-profit/event?

We provide financial support to organizations committed to increasing diversity in entrepreneurship. You can find more information, and apply for funding, by visiting https://diversity.techstars.com/foundation.

Techstars Mentorship-Driven Accelerator Programs

I know a great company who should go through Techstars. How can I let you know?

Please tell us about the company and why you think they’ll be a good fit.

What investments does Techstars make in its accelerator portfolio companies?

Techstars provides accelerator portfolio companies with access to financial, human, and intellectual capital to fuel the success of their business.

Upon acceptance to a Techstars mentorship-driven accelerator, every company is offered a $100,000 convertible note.

Techstars contributes $20,000, which is commonly used as a stipend to support living expenses during the program, and in return receives 6% of the Token Reserve (i.e the tokens “held back” for the founders and the company at Network Launch) and 6% equity of the company (on a fully diluted basis, issued as common stock) until the company raises a priced equity financing of US $250,000 or more (a “Qualified Financing”).

What other benefits do I receive from a Techstars mentorship-driven accelerator?

  • Access to Techstars resources for life;
  • Acceleration in a 90-day Techstars mentorship-driven accelerator program with personal mentorship and office space;
  • Lifetime access to the Techstars worldwide network of entrepreneurs, including more than 10,000 mentors, 10,000 investors, 1,600 alumni companies, and over 200 staff members;
  • Access to over $400k of cash equivalent hosting, accounting, and legal support—plus other credits and perks worth more than $1M;
  • Demo Day exposure and other investor connections.

Historically, on average, Techstars companies go on to raise more than $2M of outside capital after the program. We believe our stats speak for themselves.

What else does Techstars provide? Office space, internet, legal, hosting, etc.?

We provide working and meeting spaces, as well as a nice lounge, all with super fast and reliable wireless Internet access. We just want you to focus on creating a great product while you’re here, and not have to worry about all this other stuff.

What kind of companies do you fund?

We fund all types of startups, working in all verticals, using any type of business models. Do keep in mind, however, that our focus is on startups rather than small businesses.

Do you fund companies that are competitive with each other?

We do our best to avoid accepting competitive companies into the same program class. However, with the growing number of Techstars companies, there may be competitive companies in the broader Techstars network. In the event there is a company in the Techstars portfolio that’s competitive, we work tirelessly to ensure there is no exchange of sensitive data.

Why does Techstars want stock in my company?

Like you, we’re entrepreneurs. We think that the value of the learning, networking, and mentoring provided by the program is of tremendous value. The Techstars program will provide you with the healthiest possible start and greatly improve your chances for success and sustainability. Once we invest, we’re motivated to help you succeed by introducing you to people who can help, assisting you with strategy, finding more investors, and generally helping you win all along your entrepreneurial journey. That’s a good deal for both of us.

What sort of control am I giving up by granting equity to Techstars?

Techstars wants to be viewed as a co-founder. We don’t want any special or controlling interests in your company. We won’t ask for a board seat or for any uncommon investor rights. You will still run the show.

What are the terms on the $100K note?

The $100K convertible promissory note is offered to every company upon acceptance to Techstars, typically through our Star Power Partners fund. This note has a cap of $3-5M, depending on your last round. There may be terms specific to the program, so please discuss specifics with the Managing Director during your interview.

How can we get funded after Techstars ends?

We provide the seed funding to get you going, but you may well need more funding to really make it. Near the end of the three month program, we’ll organize Demo Day where angel investors and venture capitalists will check out your technology and listen to your pitch. Usually we have about 100-200 investors there. We’ll coach you so you’re as effective as possible, and do everything we can to help get you follow on funding. So far, about 75% companies have received follow on funding and/or immediately became profitable after Techstars ended. On average, Techstars’ companies raise $1-2M post demo day.

What is the Techstars Equity Back Guarantee?

In the unlikely event that a participating company is dissatisfied with their experience in the Techstars program, Techstars offers an Equity Back Guarantee, the only one of its kind in the industry:

  • The EBG permits participating companies to repurchase some or all of the equity purchased by Techstars at the same price per share paid by Techstars.
  • The EBG may be exercised at any time after the final day of the Program (Demo Day for those programs with a public Demo Day) and prior to 6:00 p.m. local time (based on the location of the Program) on the 3rd business day following the final day of the Program.
  • The Company must provide written notice (via email to the local MD and legal@techstars.com) of Company’s election to exercise the EBG.
  • The notice must specify (1) the percentage to be repurchased, and (2) an explanation of our failure that resulted in the exercise of the EBG.
  • The EBG will automatically terminate early upon (1) the closing of a financing (equity, convertible notes, SAFEs or a combination thereof) with aggregate proceeds to the company in excess of $250,000 that occurs after the date of the signed Letter of Intent to participate in the Program; (2) Network Launch (pre-sale, initial coin offering, air drop, token distribution event, crowdfunding, or issuance of any instrument convertible into or exchangeable for Tokens that permits access to or use of a Network created, managed or licensed by the Company) or (3) the sale or acquisition of the company.

Do I have to be in the Techstars location for the entire three month period?

Yes. We do require that you be primarily based on site during the program. (Unless you are in Techstars Anywhere, our mostly-virtual program.) This benefits you because you can take advantage of the numerous learning opportunities, networking, and coaching that we provide. The amount of serendipity, unannounced drop-in mentors, and camaraderie that is developed during the program is staggering.

Techstars is a major commitment, and we expect you to be around most of the time. However, it’s your company, you call the shots, so traveling as necessary for business or family requirements is okay by us.

Do I have to stay in that city when the program ends after three months?

No. It’s your company, so live wherever you want to. Many companies do decide to relocate to the city where they went through their Techstars program because of the vast local network that they can continue to tap into once the program concludes.

Where will we live while we’re there?

That’s up to you—we don’t provide a place to live. If you’re accepted into Techstars, our local teams will provide additional resources to help you find housing.

Do I have to work out of the Techstars office?

Nearly everyone does, and we highly encourage it. We provide the space, and our locations are fully equipped and have both traditional and lounge-like space. We do believe there is a great deal of value in being in the space together because the other companies and mentors interacting there present a great opportunity.

What language is content delivered in for Techstars accelerator programs?

The primary language that we use in verbal and written communications during all accelerator programs—in every country—is English.

What is a typical day be like for a Techstars founder during the accelerator?

It’s your company, so you’ll be hard at work on your product. You can choose to work out of the Techstars office if you’d like, or you can work anywhere else that you might prefer. About two or three nights a week, we organize informal educational sessions with our mentors.

We also expect many of the mentors to drop into Techstars at various times throughout the program. In general though, you’ll be working on your product each day, just like all of the other founders in the program. We don’t tell you what to do or when, but we create an environment that is conducive to helping your startup every day. And we’ll make sure you have lots of experienced mentors around to help you.

Do any companies go through more than one program?

This does happen now and then. Notably, Sphero went through the Techstars Boulder program in 2010, and then returned to go through the Disney Accelerator in 2014, which resulted in their opportunity to build the Star Wars BB-8 toy!

Watch what Sphero has to say about the experience, or read this terrific article from Wired.

Applications

How do you choose which companies to accept into the program and to fund?

We look at team, team, team, market, progress, idea—in that order.

We choose great founders who are proposing products that solve real problems or create meaningful innovations. For us, it’s about the team. For this reason, we’re less likely to accept single founder companies (you’re less likely to have all the skills your company needs to succeed). The best things you can do to strengthen your application are:

  • Round out your team with business, technical, and other necessary skills;
  • Make progress on your prototype or product and reference it in the application;
  • Show us you’ve really thought about your business and have gotten out there to do something about it;
  • Demonstrate early traction or provide data points to validate your core assumptions.

Is my company “too far along” to apply to Techstars?

Probably not. We’ve had companies start with $1M+ in funding (read about one). We’ve had companies start with fully developed products and we helped them with business model, introductions, financing and more.

We’ve even had companies go through our program once (Sphero, Techstars Class 6, Techstars Boulder 2010), sell millions of units, get up to $40M in funding, and then go through another one of our programs (Techstars Class 40, Disney Accelerator 2014)—with fantastic results for everyone involved. Whether a Techstars mentorship-driven accelerator is right for you and your startup depends on a number of factors, including the product/service, the market, the program, and the business strategy.

Likewise, nothing is too early. We’ve accepted companies with no more than an idea, a dream, and maybe a dog.

Hear what other founders have to say on this topic.

Why does my video on F6S shows 0 views?

We promise that your videos are being watched, despite you not seeing the number of views increase. When videos are embedded on F6S and viewed within the F6S application or are on autoplay, the number of views will often not be counted or tracked by YouTube.

I don’t have a product/team video. Can I still apply?

The team video is a required portion of the application and the product video is highly recommended. We’re not looking for a highly produced video—we just want to see what you’re working on, why you’re excited about it, how your team works together, and what makes you special.

My cofounder and I don’t live in the same place so we can’t submit a team video. What should we do?

We’re totally fine with you each filming half the video and then putting them together. Or get on a Google Hangout together and hit record! There are definitely greater obstacles to overcome as a startup founder, so don’t let this stop you.

Can I have access to my application answers?

You should be able to view and access all your applications on F6S. If you run into any issues accessing your applications or account, please contact support@F6S.com.

What if I need to change the answers to my application?

If you have submitted an application and would like to change or update any information please email F6S (support@f6s.com). Let them know what you would like to change along with the name of your startup on your application.

Can I submit a late application to an accelerator program?

Unfortunately, we don’t allow late applications in order to move through our very tight schedule for selection and to be fair to all applicants. The next round of applications will be open soon, and you can always find our open applications at www.techstars.com/apply.

Do I have to work on my company full-time?

We fully understand and respect your decision to not “quit your day job” quite yet. Techstars is a major commitment, and we fully expect the companies to be present and engaged for the majority of the 90-day program. However, it’s your company, you call the shots, so traveling as necessary for business or family requirements is okay by us.

Techstars provides accelerator portfolio companies with access to financial, human, and intellectual capital to fuel the success of their business. Upon acceptance to a Techstars Accelerator, every company is offered a $100,000 convertible note. Techstars contributes $20,000, which is commonly used as a stipend to support living expenses during the program, and in return receives 6% common stock from each company.

After I apply, I’m thinking of emailing many of the program mentors to get them interested in what I’m doing. Good idea?

No. We receive thousands of applications per year, which is why we have an application process. Systematically emailing some or all of our mentors in order to try to influence them before being accepted into the program will hurt you more than it will help you. The mentors are dedicated to helping the companies that we select, but they are not a part of the selection process.

Can I apply to programs not in my country? Can you help with Visa or immigration issues?

You can apply to any program, and we’ve funded companies from many different countries. You do have to be legally in the program country during the program, of course. Once you are accepted into a program, we can help with legal/immigration issues by leveraging our contacts and network to help. However, we cannot help with them in advance of acceptance to Techstars.

I’m a single founder. Can I get accepted into Techstars, or do you only look for teams?

While we don’t screen applications just because they have a single founder, it does make things more difficult. The question we ask is: do you have all the skills your company needs to succeed?

We look for great, balanced teams who have a full range of skills. We strongly advise you to seek co-founders who balance your skillset. For example, if you’re a strong developer, you might consider adding someone with business and/or marketing experience. If you’re a great business evangelist with no developer, it’s very unlikely we’ll accept you into the program, so go find a rock star developer to join you.

I’m a single founder. How can I find a co-founder?

Check out options like CoFoundersLab. We also suggest your local tech meetups, and a healthy dose of networking.

Is my age a factor in your selection process?

No.

When will I hear back about my application?

After applications close, we’ll review applications for about seven weeks, and spend time getting to know even more about your team, market, progress and idea. Our goal is to notify the final group of companies being accepted within eight weeks from the application closing date.

When is the deadline to apply?

You can find all of our open applications and their deadlines on our Apply page.

What time specifically do applications close?

All applications close at 11:59 pm Pacific Standard Time on the date indicated on our application page.

Can I apply to more than one program?

You only need to submit one application to programs running at the same time, for example to all programs starting in January. The application process will help limit this for you.

Within your application you can choose a second choice program or let us know you are only interested in that program or want help determining another program. Regardless of what you select, we’ll review your choices and also see if you are a good fit for other programs.

Multiple applications do not increase your chances of acceptance, so pick the program that is the best fit for you and only submit one company representing your idea.

As we review apps, if multiple Managing Directors reach out you should feel comfortable discussing your program preferences.

Do I need to send in a business plan?

Nope. Just fill out the online application.

I’m concerned that if I apply, you won’t protect my intellectual property. Should I be worried about this?

We’re not in the business of stealing ideas, and we treat application data as confidential information. Each year, we see thousands of applications, and many of them include similar ideas. For this and other practical reasons, please don’t ask us to sign an NDA. Our application does not ask for your “secret sauce” and there is no reason you have to disclose this to us if you’re not comfortable
doing so. We hope that our reputation speaks for itself on this topic.

My team outsources software development. Are we still qualified to apply?

Yes. We’re happy to consider any application. Just remember that the biggest thing we look at is team, team, team.

You talk a lot about being a part of Techstars for life. Is there anything I could do to get kicked out of the Techstars network?

Yes, you can get kicked out. Just adhere to our Code of Conduct and all should be well.

Jobs

I’m having trouble posting a job on Techstars site via Monday.

For technical issues with the jobs platform, please directly contact Monday support  (support@joinmonday.com). Let them know what difficulties you are having and they should be able to get you squared away.

I am interested in one of your portfolio company’s open positions.

You can find all of the open jobs in our network and portfolio companies here. You can filter by job function and location, but it’s totally up to you which positions to apply to. Best of luck!

I have more documents I would like to submit with my job application

The best way to show your interest in the position is to fill out the complete application on our site. All open positions are posted on our job board. If you would like to submit any additional documents, feel free to send them to recruiting@techstars.com.

Other questions, comments, or concerns?

Didn’t find the answer you were looking for? Send us an email at help@techstars.com
and we’ll get back to you shortly!