Techstars is a global platform that invests in and supports early-stage technology companies. Founded in 2006, it operates a mentorship-driven accelerator program, providing seed funding, intensive mentorship, and access to a network of investors and entrepreneurs. Techstars has programs in various locations worldwide, including Boston, Boulder, New York, Seattle, London, Chicago, and Austin. It invests $118,000 in each company, with $18,000 in seed funding and an optional $100,000 convertible debt note. Techstars also has industry-specific accelerator programs, such as Techstars Retail and Techstars Music, focusing on retail and music technology, respectively. Its portfolio includes over 1,000 companies with a combined market cap of $8.1 billion.
Founder and Managing Director, Techstars Anywhere Accelerator
Kerty Levy
Managing Director
Raphaele Leyendecker
Managing Director
Bob Moczydlowsky
Managing Director and Founder, Techstars Music
Bruno Morency
Managing Director
Zach Nies
Managing Director
Hilla Ovil-Brenner
Managing Director
Julie Penner
Program Director
Neal Sales-Griffin
Managing Director
Martin Schilling
Managing Director
KJ Singh
Managing Director
Vijay Tirathrai
Managing Director
Kartik Varma
Managing Director
Jenna Walker
Managing Director
Anne Wellington
Managing Director
Past deals in Saudi Arabia
Autobia
Seed Round in 2023
Autobia is a B2B marketplace based in Dammam, Saudi Arabia, founded in 2021. The company focuses on addressing infrastructure and after-sales issues within the automotive industry. By leveraging data, Autobia connects wholesalers and resellers, providing integrated digital, operational, and logistical solutions. This platform enables clients to access spare parts trade digitally, facilitating business expansion on a global scale.
Dawafast
Seed Round in 2022
Dawafast is a pharmaceutical manufacturing firm located in Riyadh, Saudi Arabia, that operates an online pharmacy shopping platform. The platform is designed to connect customers with a wide range of pharmaceutical products, providing a convenient and efficient way to purchase medications and healthcare items. By focusing on quality delivery and affordability, Dawafast aims to enhance the overall shopping experience for users seeking pharmaceutical solutions.
Autobia
Pre Seed Round in 2022
Autobia is a B2B marketplace based in Dammam, Saudi Arabia, founded in 2021. The company focuses on addressing infrastructure and after-sales issues within the automotive industry. By leveraging data, Autobia connects wholesalers and resellers, providing integrated digital, operational, and logistical solutions. This platform enables clients to access spare parts trade digitally, facilitating business expansion on a global scale.
AlGooru
Pre Seed Round in 2021
AlGooru is a Saudi-based educational platform that connects students with qualified private tutors for a wide range of subjects, including academic, vocational, and recreational areas. Through its dynamic tutor matching service, AlGooru offers both online and in-person tutoring options, allowing users to find vetted tutors quickly and efficiently. The platform is designed to cater to the individual needs of students, facilitating personalized long-term subscriptions that enhance the learning experience. By providing access to a diverse pool of tutors from various disciplines, AlGooru aims to support motivated learners in achieving their educational goals.
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