SKU

SKU is an accelerator based in Austin, Texas, focused on consumer product startups. Established in 2011, SKU provides an eight-week program designed for companies with sales under $3 million. It offers funding of $12,000 per company and additional convertible notes of up to $200,000 from its network of mentors. The firm takes equity stakes ranging from 4 to 8 percent, depending on the company's revenue. SKU aims to support market-validated startups by providing them with essential resources, mentorship, educational content, and operational assistance. Since its inception, SKU has successfully helped its alumni raise an average of approximately $2 million in follow-on funding, with all alumni companies remaining operational.