Techstars

Techstars Central LLC, founded in 2006 and based in Boulder, Colorado, operates as a startup accelerator and venture capital firm focused on supporting early-stage technology-oriented companies. It specializes in a mentorship-driven accelerator program, selecting ten startups each summer to participate in a three-month incubation period, offering funding of $120,000 in exchange for equity. Techstars invests primarily in sectors such as fintech, artificial intelligence, blockchain, augmented reality, and IoT, while avoiding investments in medical devices, healthcare technology, and local service-oriented businesses. In addition to its primary accelerator, Techstars has various specialized programs, including those focused on music, retail, mobility, and social impact, with global reach extending to regions such as Africa, Asia, and Latin America. The firm prefers taking minority stakes, typically between six and ten percent, without seeking board representation or investor rights. Techstars has built a robust network of entrepreneurs, mentors, and corporate partners to foster innovation and growth within its portfolio, which includes over 1,000 companies with a significant collective market capitalization.

Ethan Austin

MD of the Techstars Western Union Accelerator

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in Recapitalization

Bred Token

Seed Round in 2019
BRED provides a flexible approach to liquidity for assets with a partial or full disposition need. The company aims to provide growth and increased value for asset holders and companies with alternative capital needs. BRED does this using its disciplined strategy; it values the risk and performs due diligence to ensure an asset meets our investment criteria. BRED's platform offers a frictionless approach to raising capital from individuals worldwide. In addition to working with institutional and high-net-worth investors, we work with both accredited and non-accredited retail investors to allow the opportunity to invest in the real estate space. BRED'sgoal is to help stabilize assets, grow value and simplify the structure to provide our shareholders greater value.

Capexmove

Pre Seed Round in 2019
Capexmove is a platform to draft and digitise debt financing documents. All parties can collaborate on one single venue, keep track of the status and changes of the contracts. The finalised natural language contracts are machine-readable. Parties are able to convert them into smart contracts, that can capture external market data, perform operations automatically, and create an audit trail.

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.