Date: Sunday, November 18, 2012
Location: New York, New York
Event type: Accelerator Deadline
TechStars is the #1 startup accelerator in the world. Although thousands of companies apply each year, TechStars only invests money and time in about ten companies per program location. Selection rates are lower than the Ivy League, so you have to be among the best of the best to earn investment from TechStars.
There are five TechStars programs in top startup locations (Boston, Boulder, New York City, Seattle, & Cloud in San Antonio), on a regular schedule. Techstars invests $118K in each company funded through $18K in seed funding and an optional $100K convertible debt note. They also provide three months of intensive top-notch mentorship, incredible perks, and the chance to pitch to angel investors and venture capitalists at the end of the program.
TechStars companies average over $1M in outside venture capital raised after leaving TechStars. See the full details and get statistical results and learn more below.