Techstars Update - February 2023
Feb 27, 2023
Capital + Programs + Connection = Opportunity
Techstars connects unstoppable founders, wherever they are, with capital, programs, and connections to open up opportunities. See what we’ve been up to this month!
In review:
50 new investments
1 portco acquisition
5 portcos closing funding rounds
Capital
Each year we choose more than 500 early-stage companies to join one of our 3-month, mentorship-driven accelerators, investing $120K and providing hands-on mentorship and access to the Techstars network for life. Check out the latest companies graduating from our programs and the partners who support them.
New portcos
Techstars has invested in 50 companies through four programs in the past month. Each program has selected 10-14 companies as part of this term’s cohort, bringing our total portfolio to 3,340 companies. Since 2006, our founder-first philosophy has connected us with startups across a range of verticals, linking them to a network of successful mentors and partners. Meet the latest Techstars portfolio companies:
The Minnesota Twins Accelerator by Techstars:
Flustr | TicketRev | Brave Virtual Worlds | Whitebalance | Biiah | United Market | Fanbants | Virtual Tables | Vesta | Backr
Techstars New York City Accelerator:
Huntr App | eko | PulzAid | Zelta Technology | Fractionum | Collctiv | Aline | Voray | Xena Intelligence | Boosst | Nyble | Muse Tax | zoolife | The Reset Agency
Techstars Seattle Accelerator:
Oversight | Airtorch | Unpluq | Standd | Pongo | Towgrace | Silico Data Services | dealpad | Gather Flora | Indoor Collective | Koala. | Perry
Techstars Workforce Development Accelerator:
LivedX | Escalate | Gritly | Recruiting Innovations | Everprep | Tapestree | Skylyte | Access Mode | Metta Space | MFGWorx | EmpiricaLab | The AI Education Project | Spatial Guide | VirgilHR
Programs
Techstars accelerators have one goal: to help entrepreneurs succeed. We believe that great entrepreneurs and startups are everywhere but opportunity is not evenly distributed, which is why we continue to launch programs around the world.
During each three-month program, we surround companies with the best mentors and an unrivaled network of corporate partners, investors, and alumni. We provide funding and fundraising opportunities, workshops, and curated resources, not to mention countless moments where you can learn from your peers. It’s a proven model that’s helped build thousands of successful companies, all over the world.
Applications opening
Learn more about our 3-month accelerators where founders gain funding, mentorship, and access to the Techstars network for life. The following programs have applications opening soon:
Applications open: March 13th, 2023
Applications open: March 13th, 2023
Techstars Chicago Powered by J.P. Morgan
Applications open: March 13th, 2023
Techstars Los Angeles Powered by J.P. Morgan
Applications open: March 13th, 2023
Techstars Physical Health Fort Worth Accelerator
Applications open: March 13th, 2023
Techstars San Diego powered by San Diego State University
Applications open: March 13th, 2023
Techstars Washington DC Powered by J.P. Morgan
Applications open: March 13th, 2023
Connection
Events & Pre-Accelerator Activity
We believe that while people and ideas are equally distributed, opportunity and resources are not. That’s why we are committed to increasing access to entrepreneurship. All over the world. Connect with Techstars at the following events:
Founder Catalyst programs
Founder Catalyst is a pre-accelerator program providing early-stage entrepreneurs with invaluable startup education and mentorship. This part-time, primarily virtual experience is perfectly suited for founders looking to hone their entrepreneurial skills, better understand their target customers, and dig deeply into refining the solutions they are offering the world. Check out the Founder Catalyst program currently accepting applications:
Apply by March 1, 2023
To learn more about Founder Catalyst, click here.
Startup Weekend events
Startup Weekend is a three-day program where aspiring entrepreneurs can experience startup life in hundreds of cities around the world. See our March events below:
Techstars Startup Weekend Campos Novos
March 3-5, 2023
Techstars Startup Weekend Le Mans
March 3-5, 2023
Techstars Startup Weekend Goiânia
March 10-12, 2023
Techstars Startup Weekend Oradea
March 10-12, 2023
Techstars Startup Weekend Social Impact X Insurance Paris
March 10-12, 2023
Techstars Startup Weekend Education Abu Dhabi
March 13, 2023
Techstars Startup Weekend Change Maker Ramallah
March 16-18, 2023
Techstars Startup Weekend Bucharest
March 17-19, 2023
Techstars Startup Weekend Energy Caen
March 17-19, 2023
Techstars Startup Weekend Social Innovation Guayaquil
March 16-18, 2023
Techstars Startup Weekend UMass Dartmouth
March 17-19, 2023
Techstars Startup Weekend Auburn
March 24-26, 2023
Techstars Startup Weekend Beaufort
March 24-26, 2023
Techstars Startup Weekend Hermosillo
March 24-26, 2023
Techstars Startup Weekend Irvine
March 24-26, 2023
Techstars Startup Weekend Mobile
March 24-26, 2023
Techstars Startup Weekend Petrópolis
March 24-26, 2023
Techstars Startup Weekend Women Dublin
March 24-26, 2023
Techstars Startup Weekend Brussels
March 31-April 2, 2023
Techstars Startup Weekend Newburgh
March 31-April 2, 2023
Techstars Startup Weekend Shawnee State
March 31-April 2, 2023
Techstars Startup Weekend University Edinburgh
March 31, 2023
For a full list of upcoming Techstars Community events, click here.
Virtual events
Techstars hosts a variety of virtual events throughout the year for entrepreneurs. View our upcoming events:
Running a Series A Fundraising Process
March 7 | 12 PM PST | Crowdcast
Interested in learning more about what a Series A is and how to know if you're ready? During this event, we'll share tips and tricks when speaking to investors.
How to Make Your Application Stand Out
March 21 | 11 AM PST | Crowdcast
Join this session for tips on applying to Techstars and learn what you should include in your application. You are encouraged to invite your co-founder to attend.
Industry events
Techstars staff attend many prominent industry events, including:
March 2-3, 2023 | Charlotte, N.C.
March 10-19, 2023 | Austin, Texas
Opportunity
The Techstars worldwide network helps entrepreneurs succeed. Check out the last month's exit and funding news from the Techstars portfolio:
Portco exits
Apptentive (Techstars Seattle 2012), a mobile customer engagement software, is acquired by Alchemy.
Portco funding
Sheeva.AI (Smart Mobility 2020), an all-in-one mobility platform offering in-car payments and commerce solutions, closes out a $9.25M Series A round.
Asset Reality (Techstars London 2021), the world’s first end-to-end solution for investigating, recovering, managing, and selling seized crypto assets, puts together $4.91M in seed funding.
UptimeHealth (Techstars Boston 2019), the health tech company simplifying medical device service through automation and predictive analytics, raises $4.5M in Series A funding.
TransCrypts (Filecoin 2022), an HR tool using blockchain to automate employee documentation processes, raises $2.4M in seed funding.
ProGrad (Techstars London 2021), the London-based fintech startup aiming to promote financial literacy for Gen Z, raises £2m in seed funding.
Other news
Benzinga, Melinda Gates Partners With Techstars, The Second Largest Startup Accelerator in the World, To Address the Unmet Needs of Older Adults, Feb. 7, 2023
CNBC, Rise of ‘zombie’ VCs haunts tech investors as plunging valuations hammer the industry, Feb. 16, 2023
