Techstars

Founded in 2006 in Boulder, Colorado, Techstars is a global startup accelerator and investment business that provides funding, mentorship, and resources to early-stage entrepreneurs. The organization has backed over 3,500 startups across various sectors through its accelerator programs worldwide, with its portfolio companies achieving a combined market capitalization of USD 71 billion as of 2024. Through its programs, Techstars typically invests USD 20,000 for 6% equity via a SAFE agreement, with startups having the option to receive an additional USD 100,000 through a convertible note.

Techstars operates more than 50 accelerator programs globally, running both location-specific and industry-focused programs. The organization maintains a selective approach, with an acceptance rate of approximately 1%. Notable initiatives include the Rising Stars pre-seed fund launched in 2022 with USD 8 million to back underrepresented founders, and an USD 80 million Advancing Cities Fund created in partnership with JPMorgan to support diverse founders across nine US cities. In 2023, the company raised USD 150 million for its Techstars Accelerator 2024 fund to support accelerator-stage investments.

In February 2024, under returning CEO David Cohen, Techstars announced significant operational changes dubbed "Techstars 2.0." The organization has developed partnerships with major corporations including Google, Nike, and Amazon, and continues to expand its global presence while adapting its business model to focus on sustainable growth and community-driven acceleration programs.