Techstars Update - April 2024
Apr 30, 2024
Capital + Programs + Connection = Opportunity
Techstars connects unstoppable founders, wherever they are, with capital, programs, and connections to open up opportunities. See what we were up to in April.
In review:
18 new investments
14 portfolio companies secured funding
1 portfolio company exit
Capital
Each year we choose more than 700 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 below.
Portfolio Companies
Techstars has invested in 18 companies through 2 programs in the past month, bringing our total portfolio to 4,177 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:
Techstars Impact Powered by Cox Enterprises
Auralyze.ai | Candlelit Care | GoodAction | LetMeDoIt | Corra | CampusLush | Running Mate Corp | Soleil Space
Techstars Payments Powered by Stellar and MoneyGram
Peas Financial | Guama | Cash Abroad | Sommos | ZimaGo | Tumo | Kura Technologies | Depay | Lounn MX | Loto Punto
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 has helped build thousands of successful companies, all over the world.
Applications
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 closing on May 22:
ABN AMRO + Techstars Future of Finance Accelerator
Build in Tulsa Techstars Accelerator
Techstars Alabama EnergyTech Accelerator
Techstars Anywhere Remote Accelerator
Techstars Atlanta powered by J.P. Morgan
Techstars Chicago powered by J.P. Morgan
Techstars Columbus powered by The Ohio State University
Techstars Deep Tech Berlin Accelerator
Techstars Detroit powered by J.P. Morgan
Techstars Economic Mobility powered by Samvid Ventures
Techstars Future of Food Powered by Ecolab
Techstars Los Angeles powered by J.P. Morgan
Techstars Miami powered by J.P. Morgan
Techstars New Orleans powered by J.P. Morgan
Techstars New York City Accelerator
Techstars New York City powered by J.P. Morgan
Techstars Physical Health Fort Worth Accelerator
Techstars San Diego powered by San Diego State University
Techstars Sustainability Paris Accelerator
Techstars Tech Central Sydney powered by the NSW Government
Techstars Tel Aviv Accelerator
Techstars Washington DC powered by J.P. Morgan
Techstars WaterTech & Sustainability
Demo Days
Techstars accelerator programs culminate with a celebration at Demo Day. This is each company’s chance to show the world how much progress they’ve made in just a few short months. Investors can learn more about our latest investments and portfolio companies by registering for a Techstars program’s virtual or in-person Demo Day event:
Techstars Transformative World Torino
May 16 | Torino
Techstars Columbus Powered by The Ohio State University
May 29 | Columbus, OH
Techstars Detroit powered by J.P. Morgan
May 30 | Detroit
Build in Tulsa Techstars Accelerator
June 6 | Tulsa
June 6 | Boulder
Techstars Anywhere Accelerator
June 11 | Virtual
Connection
Events & Pre-Accelerator Activity
We believe that while people and ideas are equally distributed, opportunity and resources are not. That is why we are committed to increasing access to entrepreneurship. All over the world.
Founder Catalyst
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 following programs with open applications:
USC and Techstars University Catalyst
Apply by July 10.
Techstars Founder Catalyst: Central America & Ecuador
Find more information here.
To learn more about Founder Catalyst, click here.
Startup Weekend
Startup Weekend is a three-day program where aspiring entrepreneurs can experience startup life in hundreds of cities worldwide. See our May events below:
Techstars Startup Weekend Uni Muscat
May 2-5, 2024
Techstars Startup Weekend Horizontina
May 17-20, 2024
Techstars Startup Weekend AI Krakow
May 24-26, 2024
Techstars Startup Weekend Women Honduras
May 24-26, 2024
Techstars Startup Weekend Fin Tech Chihuahua
May 24-27, 2024
Techstars Startup Weekend Fin Tech LEÓN
May 24-27, 2024
Techstars Startup Weekend Travel & Tourism Alcácer do Sal
May 24-27, 2024
Techstars Startup Weekend Aden
May 30-June 1, 2024
For a full list of upcoming Techstars Community events, click here.
Digital Events
Techstars hosts a variety of virtual events throughout the year for entrepreneurs. View our upcoming events below:
Alumni AMA: Techstars Chicago Powered by J.P. Morgan
May 1 at 1 p.m. ET
AMA Session with Shirine Marzouki, Investment Associate of Techstars Atlanta Powered by J.P. Morgan
May 1 at 2 p.m. ET
Pitch Practice: Mock Investor Interview Session
May 14 at 1 p.m. ET
AMA Session with Shirine Marzouki, Investment Associate of Techstars Atlanta Powered by J.P. Morgan
May 14 at 2 p.m. ET
Inside a Techstars Accelerator
May 15 at Noon ET
Techstars Economic Mobility - Thought Leadership Panel with Program Alumni
May 16 at Noon ET
Eat.Sleep.Grind. With Maëlle Gavet - The Growth Catalyst: Harnessing the Strength of Relationships
May 20 at 1:30 p.m. ET
Techstars Application Deadline: Last Chance AMA
May 21 at 6 p.m. ET
Industry Events
Techstars staff attend many prominent industry events, including:
May 29-30 | Dublin
Opportunity
The Techstars worldwide network helps entrepreneurs succeed. Check out the April funding and exit news from the Techstars portfolio:
Fundraising News
TrojAI (Techstars 2020) raises $5.75M in seed funding to secure AI in the enterprise.
Avenir (Techstars 2023) raises $500,000 pre-seed to develop B2B wealth management software.
Take2 AI (Techstars 2023) raises a $3M seed round to transform sales recruiting.
Cookonnect (Techstars 2022) helps busy families find their own chefs and raises $1M.
Diagon (Techstars 2023) raises $5.1M and puts ex-Tesla supply chain muscle to work for small businesses.
The Folklore (Techstars 2021) bags $3.4M seed to get brands into global stores.
Veesual (Techstars 2020) raises $7.5M and announces U.S. expansion with a new EILEEN FISHER partnership.
Condoit (Techstars 2020) secures $4.25M to build better software for electricians.
MokSa.ai (Techstars 2023), an AI startup that helps stores catch shoplifters, bags $1.5M in pre-seed funding.
Keep Company (Techstars 2023) announces $1.4M fundraising round and first Chief Technology Officer, Zvi Band.
Rainwalk (Techstars 2022), a pet health insurance provider, raises $4M in seed funding.
Handl Health (Techstars 2023) secures $2.5M in seed funding to drive innovation for the employer-sponsored benefits ecosystem.
NATIX Network (Techstars 2022), an AI-based platform for real-time geospatial data collection, has secured $4.6 million in strategic funding.
Lendorse (Techstars 2022) secures a €2 million default-loss guarantee from the European Investment Fund (EIF) for a €10 million portfolio of student finance.
Exit News
AKKO acquires Upsie (Techstars 2017), an innovator in the device insurance market.
Other News
The Silicon Review, Is Ohio Becoming the Tech Hub of the Midwest? Tech Trends and Breakthroughs, April 5
Yahoo! Finance (Video), Is tech innovation being stalled by higher interest rates?, April 22
Masters of Scale (Podcast), Preserve start-up spirit at scale, April 23