Techstars Update - May 2024
May 31, 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 May.
In review:
59 new investments
16 portfolio companies secured funding
12 upcoming Demo Day events
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.
Portfolio Companies
Techstars has invested in 59 companies through 5 programs in the past month, bringing our total portfolio to 4,197 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 Columbus Powered by The Ohio State University
Aspect Health | Sentius | Superfan | Besample | Cariqa | Rubato | Blended Edge | PlugOp Technologies | Currents | Pedal Data | Seek | Blomso
Techstars Detroit Powered by J.P. Morgan
AMP Beauty | Repairit | Aphid | GreenLit | Reportwell | Chargerzilla | Trove | TradeWay | Konnected with Care | Black and Mobile | OptimizeEV | Based
Techstars Oakland powered by J.P. Morgan I
Xsauce | Cicada | Positive Finance | Afford Healthcare | LocumDoc | Circle+ | korzo | PairAnything | Trinium Labs | Lexir | ClubReq | Regfyl
Techstars Oakland powered by J.P. Morgan II
Rondah AI | TUX | Webvizio | AWEAR Technologies | GyftGram | LexIQ | Blank Labs | Goohaus | DubPrime | Thryft Ship | Travaras | Runbear
Techstars Transformative World Torino
G2Q Computing | Intuos | Bestie Bite | Vision Anchor | NUBO | Reviway | Trainizi | SylloTips | SHION | Voovo | plain.
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 worldwide.
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.
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 opening soon:
ARM Labs Lagos Techstars Accelerator
Applications open July 15.
USC and Techstars Digital Economy Program
Applications open August 26.
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:
June 4 | Boston
Techstars New York City Accelerator
June 4 | New York City
Techstars New York City powered by J.P. Morgan
June 4 | New York City
Techstars Atlanta powered by J.P. Morgan
June 5 | New York City
Build in Tulsa Techstars Accelerator
June 6 | Tulsa
June 6 | Boulder
Techstars Industries of the Future Accelerator
June 6 | Knoxville, TN
June 6 | London
Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare
June 6 | Virtual
Techstars Los Angeles powered by J.P. Morgan
June 6 | Virtual
June 6 | NYC
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.
Founder Catalyst sponsored by Stanley Black & Decker
Apply by July 19.
Techstars Founder Catalyst: Central America & Ecuador
Find more information here.
To learn more about Founder Catalyst, click here.
Startup Weekend & Startup Week
Startup Weekend is a three-day program where aspiring entrepreneurs can experience startup life in hundreds of cities worldwide.
Startup Week is a celebration of entrepreneurship and the people shaping the entrepreneurial ecosystem in your city.
See our June events below:
Techstars Startup Weekend Women Ecuador
June 7-9
June 17-22
Techstars Startup Weekend Calgary
June 21-24
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 below:
Tuesday, June 25 | 1 pm ET
Scale Your Startup: Is It Time for an Accelerator?
Tuesday, July 2 | 5 pm ET
For a full list of upcoming Techstars virtual events, click here.
Industry Events
Techstars staff attend many prominent industry events, including:
June 17-20 | Toronto
Opportunity
The Techstars worldwide network helps entrepreneurs succeed. Check out the May fundraising news from the Techstars portfolio.
Fundraising News
Alō Index (Techstars 2023) closes a $1.9M round.
Piction Health (Techstars 2019) raises $6M to cut wait times for skin conditions.
Sports betting platform SoBet (Techstars 2023) has raised $3.7M in a seed funding investment.
Renda (Techstars 2022), which provides order fulfillment for businesses in Africa, takes in $1.9M.
Backpack Healthcare (Techstars 2023) bags $14M for children's mental health.
Bleach Cyber (Techstars 2023) secures a $2M pre-seed round from industry-leading investors.
hexafarms (Techstars 2022) raises €1.3M in pre-seed funding.
Monitaur (Techstars 2020), the leading model governance platform for highly-regulated industries, raises $6M Series A.
Incredible (Techstars 2023) raises $1M in pre-seed funding.
Gorgias (Techstars 2015) raises $29M in new funding.
Revent (Techstars 2023) raises $900,000 pre-seed to bolster KSA expansion plans.
Qomodo (Techstars 2023) raises £1.3M to secure the Iot against cyber threats.
Creator and athlete data startup RootNote (Techstars 2023) raises $1.5M pre-seed round.
Max Retail (Techstars 2022) raises $15M Series A.
OncoveryCare (Techstars 2022) raises $4.5M seed.
Liquid Diamonds (Techstars 2019) raises $1.1M for its B2B diamond sourcing platform.
Other News
Techstars, David Cohen Returns as CEO of Techstars, May 22
EU-Startups Podcast, Episode 69: Shirley Romig, Chief Accelerator Investment Officer at Techstars, May 23
Columbus Business First, First Techstars Columbus class to showcase progress at Demo Day, May 28
entARABI, Techne Summit 2024: Interview with Vijay Tirathrai, Managing Director of Techstars, May 31
