Techstars

Techstars is a mentorship-driven startup accelerator founded in 2006 and based in Boulder, Colorado. The organization specializes in supporting early-stage technology companies through intensive three-month programs held in various locations worldwide, including the United States and Europe. It operates multiple accelerator programs, focusing on sectors such as fintech, retail technology, mobility, and artificial intelligence. Techstars provides seed funding, typically ranging from $100,000 to $200,000, and aims to help selected startups scale and secure additional investment. The firm has a diverse portfolio of over 1,000 companies, collectively valued at approximately $8.1 billion. Additionally, Techstars Ventures, the venture capital arm of the organization, invests in innovative technology companies globally. While maintaining a minority stake in its portfolio companies, Techstars emphasizes building strong relationships within its extensive network of entrepreneurs, mentors, and investors to foster the growth and success of its startups.

Audun Abelsnes

Managing Director, Techstars Energy

Chris Adelsbach

Venture Partner

Hyder Alabed

Program Director

Tré Baker

Managing Director

Keith Camhi

Managing Director

Maria Flynn

Managing Director

Maëlle Gavet

CEO and Board Member

Barry Givens

Managing Director

Nicole Glaros

Partner

Jennifer Jordan

Managing Director

Matt Kozlov

Managing Director

Bob Moczydlowsky

Managing Director and Founder, Techstars Music

Bruno Morency

Managing Director

Connor Murphy

Venture Partner Team

Melissa Pegus

Managing Director

Amos Schwartzfarb

Managing Director, Austin

Jason Seats

Chief Investment Officer

Vijay Tirathrai

Managing Director

Caroline Tosbath

Associate

Pete Townsend

Managing Director

Kartik Varma

Managing Director

Past deals in Recapitalization

Capsa

Pre Seed Round in 2022
Capsa Technology is a fintech company dedicated to addressing the financial challenges faced by small and medium-sized enterprises (SMEs) in Africa, with an initial focus on Nigeria. The company has developed a platform that streamlines financial operations for these businesses by providing invoice services. This enables SMEs to convert unpaid invoices into working capital, helping them avoid the detrimental effects of bad debt. Through its digital and secure system, Capsa facilitates the buying and selling of invoices, thereby enhancing liquidity and supporting the financial stability of its clients.

Benny

Pre Seed Round in 2022
Benny operates an employee-focused lending platform that allows employees of publicly traded companies to access funds for participating in their employer's stock purchase plans. By providing loans specifically designed for this purpose, Benny enables employees to purchase company stock at discounted prices, enhancing their investment opportunities. This service aims to empower employees to make the most of their earning potential through involvement in stock ownership, thereby fostering a more engaged workforce and promoting long-term financial growth.

Benny

Non Equity Assistance in 2022
Benny operates an employee-focused lending platform that allows employees of publicly traded companies to access funds for participating in their employer's stock purchase plans. By providing loans specifically designed for this purpose, Benny enables employees to purchase company stock at discounted prices, enhancing their investment opportunities. This service aims to empower employees to make the most of their earning potential through involvement in stock ownership, thereby fostering a more engaged workforce and promoting long-term financial growth.

BuckUp

Non Equity Assistance in 2021
BuckUp a short-term loan service that uses customers’ devices as collateral.

Claim Fund

Pre Seed Round in 2021
Claim Fund engages in accelerating receivables in the restoration industry. It purchases insurance-repair contracts, reducing accounts receivables (ar) and improving cash flow for the restoration contractor.

Cast

Pre Seed Round in 2020
Cast Corporation, founded in 2019 and based in San Francisco, California, specializes in developing a unique cast player that utilizes audio and video to clarify complex concepts. The company generates audio and video reports from data, delivering insights through customer-facing casts that interpret financial and revenue information to encourage high-value actions. Cast Corporation's offerings include financial casts, research reports, investor relations, personal finance, wealth management, retirement investment, college savings plans, asset management, revenue intelligence, and customer success business reviews.

Clara

Seed Round in 2019
Clara’s goal is to make setting up and managing a robust legal structure as efficient as possible, so that founders can concentrate their limited resources on their team, product and customers.

Kristalic

Seed Round in 2019
Kristalic Inc. is a San Francisco-based company that has developed a mobile application designed to assist busy professionals in managing their meeting documentation. The app automatically records notes during business meetings and generates intelligent follow-up actions, streamlining the process of capturing key discussions and decisions. By simply activating the app, users can receive personalized highlights from their meetings, saving them time and effort in note-taking and follow-up management.

Snippet

Pre Seed Round in 2019
Snippet Finance Corp. is a New York-based company that operates a platform offering salary loans as a workplace benefit. The loans are designed to enhance financial wellness for employees, providing them with access to funds when needed. By integrating these financial solutions into the workplace, Snippet Finance aims to support individuals in managing their financial needs effectively.

Clara

Pre Seed Round in 2019
Clara’s goal is to make setting up and managing a robust legal structure as efficient as possible, so that founders can concentrate their limited resources on their team, product and customers.

Capexmove

Pre Seed Round in 2019
Capexmove is a platform focused on streamlining the debt financing process by facilitating the drafting and digitization of related documents. It allows all parties involved to collaborate in a centralized environment, enabling them to monitor the status and modifications of contracts efficiently. The platform produces final contracts in natural language that are machine-readable and can be converted into smart contracts. These smart contracts can incorporate external market data, execute operations automatically, and maintain an audit trail. Additionally, Capexmove offers software that enables companies to issue programmable, tokenized debt, transforming debt into tradable units and improving the efficiency of capital raising for small businesses while significantly reducing costs associated with traditional debt capital markets.

NoviCap

Venture Round in 2019
NoviCap is an online platform founded in 2014 and based in Barcelona, Spain, that connects companies seeking to sell their outstanding invoices with international investors looking to purchase them. By leveraging technology, NoviCap aims to simplify the traditionally complex and costly invoice finance industry, which is often characterized by outdated practices and high fees. The platform offers a user-friendly experience with features such as instant pricing, fast onboarding, and a straightforward fee structure, allowing businesses to access cash quickly and efficiently. In addition to providing a streamlined service for companies, NoviCap also offers professional investors the chance to invest in a short-term asset with above-average returns. With offices in London, Barcelona, and the Netherlands, NoviCap has positioned itself as a modern alternative in the invoice finance sector.

Fincura

Convertible Note in 2018
Fincura unlocks all of the data that is trapped in financial statements and spreadsheets today so finance companies can use it to differentiate themselves, optimize their operations, and future-proof their businesses. By marrying artificial intelligence and human judgment, our financial insight engine can extract all the data – every line item from every document – and ensure that every team has easy access to this unified, transparent, deep data asset. Our secure, cloud-based architecture and focus on amazing user experiences allows us to enhance the product continuously, integrate with other systems easily, and launch new customers in days.

NoviCap

Venture Round in 2017
NoviCap is an online platform founded in 2014 and based in Barcelona, Spain, that connects companies seeking to sell their outstanding invoices with international investors looking to purchase them. By leveraging technology, NoviCap aims to simplify the traditionally complex and costly invoice finance industry, which is often characterized by outdated practices and high fees. The platform offers a user-friendly experience with features such as instant pricing, fast onboarding, and a straightforward fee structure, allowing businesses to access cash quickly and efficiently. In addition to providing a streamlined service for companies, NoviCap also offers professional investors the chance to invest in a short-term asset with above-average returns. With offices in London, Barcelona, and the Netherlands, NoviCap has positioned itself as a modern alternative in the invoice finance sector.

Netcapital

Pre Seed Round in 2017
Netcapital enables investors to invest in entrepreneurs seeking to raise capital using technology. The company makes private transactions transparent and easy by creating a secure place to transact and providing clear information so investors can make their own investment decisions. It helps entrepreneurs and investors to work together to build value by opening the lines of communication and keeping investors updated and allow them to collaborate with entrepreneurs and accelerate innovation. Their Secondary Transfer Platform makes it easy for investors to create bids and asks on offers that have already closed, allowing entrepreneurs to sell shares they already purchased on Netcapital and buy shares in companies that are no longer raising money. Jason Frishman formed the company in Boston, Massachusetts in 2014.

Vartega

Pre Seed Round in 2017
Vartega is a technology development company focused on recycling carbon fiber reinforced plastics, specifically through its innovative patent-pending processes. Established in 2014 and located in Golden, Colorado, Vartega aims to provide low-cost carbon fiber for various mass market applications across several industries, including aerospace, automotive, wind energy, and sporting goods. The company produces recycled carbon fiber suitable for use in nonwoven fabrics, thermoplastic pellets, yarns, and 3D printing filaments. By developing alternative recycling technologies and equipment, Vartega seeks to contribute to the sustainability of carbon fiber materials and enhance their accessibility for broader applications.

NoviCap

Seed Round in 2017
NoviCap is an online platform founded in 2014 and based in Barcelona, Spain, that connects companies seeking to sell their outstanding invoices with international investors looking to purchase them. By leveraging technology, NoviCap aims to simplify the traditionally complex and costly invoice finance industry, which is often characterized by outdated practices and high fees. The platform offers a user-friendly experience with features such as instant pricing, fast onboarding, and a straightforward fee structure, allowing businesses to access cash quickly and efficiently. In addition to providing a streamlined service for companies, NoviCap also offers professional investors the chance to invest in a short-term asset with above-average returns. With offices in London, Barcelona, and the Netherlands, NoviCap has positioned itself as a modern alternative in the invoice finance sector.

KapitalWise

Seed Round in 2017
KapitalWise operates an API platform that integrates data from financial institutions with third-party sources to enhance consumer financial experiences. By employing machine learning and artificial intelligence, it monitors, detects, and predicts personal and financial events in consumers' lives. This capability allows financial institutions to make timely and tailored product recommendations. The company's software-as-a-service solutions seamlessly integrate with existing banking technology, providing valuable insights to relationship managers and enriching the customer digital experience. Features such as goal setting, nudges, and scenario planning further support customer engagement and personalized financial guidance.

SocialCapital

Seed Round in 2016
SocialCapital is a San Francisco-based company that leverages artificial intelligence to create personality profiles by analyzing social and online behavior. Founded in 2015 by Temitope Alabi and Obed Eugene, the company helps employers identify suitable candidates by curating accurate personality profiles derived from publicly available digital media, such as tweets and blogs. By tokenizing text and utilizing the LIWC psycholinguistics dictionary, SocialCapital computes scores across various personality traits and interests, providing brands with valuable insights into their users. This approach enables organizations to better understand their audience and make informed decisions based on personality insights.

NoviCap

Seed Round in 2015
NoviCap is an online platform founded in 2014 and based in Barcelona, Spain, that connects companies seeking to sell their outstanding invoices with international investors looking to purchase them. By leveraging technology, NoviCap aims to simplify the traditionally complex and costly invoice finance industry, which is often characterized by outdated practices and high fees. The platform offers a user-friendly experience with features such as instant pricing, fast onboarding, and a straightforward fee structure, allowing businesses to access cash quickly and efficiently. In addition to providing a streamlined service for companies, NoviCap also offers professional investors the chance to invest in a short-term asset with above-average returns. With offices in London, Barcelona, and the Netherlands, NoviCap has positioned itself as a modern alternative in the invoice finance sector.

Cashforce

Pre Seed Round in 2015
Cashforce BV operates a smart cash flow management and forecasting platform designed to help organizations optimize their financial operations. Founded in 2013 and headquartered in Antwerp, Belgium, with additional offices in New York, Amsterdam, Copenhagen, and London, the company serves sectors such as wholesale and distribution, transportation, logistics, and manufacturing. The platform allows users to forecast cash flows across multiple companies, bank accounts, and currencies, enabling them to identify potential cash shortages or surpluses in advance. Cashforce's unique offerings include seamless integration with various ERP and banking systems, detailed transaction-level visibility, and an AI-based simulation engine that supports multiple cash flow scenarios and impact analyses. The company has a strategic alliance with Treasury Intelligence Solutions GmbH and provides cash visibility to multinational corporations in over 120 countries.

NoviCap

Seed Round in 2014
NoviCap is an online platform founded in 2014 and based in Barcelona, Spain, that connects companies seeking to sell their outstanding invoices with international investors looking to purchase them. By leveraging technology, NoviCap aims to simplify the traditionally complex and costly invoice finance industry, which is often characterized by outdated practices and high fees. The platform offers a user-friendly experience with features such as instant pricing, fast onboarding, and a straightforward fee structure, allowing businesses to access cash quickly and efficiently. In addition to providing a streamlined service for companies, NoviCap also offers professional investors the chance to invest in a short-term asset with above-average returns. With offices in London, Barcelona, and the Netherlands, NoviCap has positioned itself as a modern alternative in the invoice finance sector.

Cobalt Software

Seed Round in 2012
Cobalt Software enables private equity and venture capital firms can collect, analyze, and report on fund and portfolio company metrics the way they want. Cobalt works with management, finance, valuations, investor relations, and deal teams at private equity and venture capital firms to build a suite of data and reporting solutions that suit their firm size and investment style. It was founded in 2011 and headquartered in Boston, Massachusetts.

Cobalt Software

Seed Round in 2012
Cobalt Software enables private equity and venture capital firms can collect, analyze, and report on fund and portfolio company metrics the way they want. Cobalt works with management, finance, valuations, investor relations, and deal teams at private equity and venture capital firms to build a suite of data and reporting solutions that suit their firm size and investment style. It was founded in 2011 and headquartered in Boston, Massachusetts.

Cobalt Software

Pre Seed Round in 2012
Cobalt Software enables private equity and venture capital firms can collect, analyze, and report on fund and portfolio company metrics the way they want. Cobalt works with management, finance, valuations, investor relations, and deal teams at private equity and venture capital firms to build a suite of data and reporting solutions that suit their firm size and investment style. It was founded in 2011 and headquartered in Boston, Massachusetts.

BISON

Pre Seed Round in 2012
Bison has two products in the market that represent the forward-looking mission and vision of the company. – Cobalt GP and Cobalt LP. Cobalt GP gives private fund managers democratized data, powerful analytics, and on-the-go access. Instant answers, all delivered in a branded experience. Cobalt LP helps institutional investors like Hamilton Lane understand capital flows in portfolios, diligence managers, and report on portfolio performance.
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