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

Max Kelly

Managing Director of Techstars London

Lesa Mitchell

Managing Director

Vijay Tirathrai

Managing Director

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in Rhode Island

Pointz

Pre Seed Round in 2022
Pointz is a mobile mapping app that helps navigate bike and scooter riders through safe routes in cities. Its routing algorithm favors roads on a unique ‘quiet network’ of residential side streets, protected bike lanes, and other 'bike-friendly' streets.

Malamute

Pre Seed Round in 2021
Malamute provides safety solutions to industry manufacturing leaders. Our AI acoustic awareness infrastructure allows workers in hazardous, high-noise environments to be able to communicate face-to-face and maintain great situational awareness when it is needed most.

Vitae Industries

Venture Round in 2017
Vitae Industries, Inc. develops pharmacy compounding automation products. It provides AutoCompounder that manufactures tablets or gummies, verifies the dose, and cleans up. The company was incorporated in 2014 and is based in Providence, Rhode Island.

Vitae Industries

Seed Round in 2017
Vitae Industries, Inc. develops pharmacy compounding automation products. It provides AutoCompounder that manufactures tablets or gummies, verifies the dose, and cleans up. The company was incorporated in 2014 and is based in Providence, Rhode Island.

HealthID

Seed Round in 2015
HealthID is a mobile health manager that provides users a simple way to update, manage and communicate all aspects of their personal health directly from their HealthID account, HealthID Band or Card. Their product focuses on three key areas: chronic disease management, medication compliance, and efficient communication of personal medical information to emergency personnel or healthcare providers. HealthID directly meets the needs of both the consumer and the healthcare provider by leveraging the latest technology and value-adding features that can reduce costs, increase outcomes/revenue and potentially save lives.

Movogo

Pre Seed Round in 2011
Movogo is a social networking app that allows its users to have a private voice chat with friends.