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 Crowdsourcing

Fêtefully

Seed Round in 2022
Fêtefully is an online platform integrating human talent and AI-driven functions to provide couples with affordable and personalized wedding & event planning services. Couples save money on professional planning, while planners make money in their spare time.

PeduL

Seed Round in 2021
PeduL Inc. is a crowdfunding platform based in Newark, New Jersey, founded in 2016. The platform is designed to help students raise funds for their higher education, addressing the financial challenges many face when pursuing college degrees. By providing a dedicated space for education crowdfunding, PeduL enables students to connect with potential donors who can assist in alleviating the costs associated with higher education. This innovative approach aims to change the traditional methods of funding college expenses, offering an alternative solution for students in need of financial support.

Slingshot Ahead

Funding Round in 2021
75% of startups report their top concern to be finding talent that is highly-skilled, low-investment and easy to discover. Even when they do, they either give away too much equity or pay more than they can afford. We’re the world’s first platform to connect budding startups with vetted, industry-grade high school engineers at 0 equity and lowest costs. As a team of CMU, UCLA, Stanford alums, now at FAANG companies, we aim to change the status-quo of a heavily credential-driven work-force to that of a skill-driven one. In just 8 months, we’ve grown to 20+ countries, 1000+ student applicants, and 25+ startups.

Empowrd Apps LLC.

Pre Seed Round in 2021
Civic engagement eco-system that removes all knowledge-based or network-based barriers that typically block effective 2way civic engagement.

COMMUNITYx

Pre Seed Round in 2021
The Social Network for Social Change

Acclinate

Non Equity Assistance in 2021
We are a trusted healthcare solutions provider integrating culture and technology to source diverse participants for genomic research and clinical trials

Fêtefully

Pre Seed Round in 2021
Fêtefully is an online platform integrating human talent and AI-driven functions to provide couples with affordable and personalized wedding & event planning services. Couples save money on professional planning, while planners make money in their spare time.

Crowdz

Series A in 2020
Crowdz provides invoice-financing opportunities to companies in global supply chains—a $9 trillion market that SMEs traditionally have been excluded from. The need for such financing is greater than ever before. Some 93% of all supply-chain participants are SMEs, and half of these suffer cashflow shortages as they wait for 90 to 120 days or more to be paid. Crowdz’s global invoice auction solves this problem by directing competitive, low-cost financing to SMEs while offering high returns to funders seeking better investments.

Civic Champs

Pre Seed Round in 2020
Civic Champs, Inc. is a software developer that provides an application designed to assist nonprofit organizations in managing volunteer activities and tracking essential data for grant applications. The app utilizes geofencing technology to monitor volunteer check-ins and check-outs, streamlining the process of hour tracking and engagement. In addition to time management, the platform facilitates small donations, event scheduling, and mentorship tracking, while offering real-time data access and feedback mechanisms. Founded in 2019 and headquartered in Bloomington, Indiana, with an additional office in Pittsburgh, Pennsylvania, Civic Champs aims to reduce the administrative burden on nonprofits by automating volunteer management tasks. The application is available for download on both the App Store and Google Play.

Growth Collective

Pre Seed Round in 2020
Growth Collective is an exclusive network of freelance marketers. We help companies grow without the agency markup by assembling teams of vetted freelancers. All of our marketers are available on flexible contracts, enabling companies to adjust their marketer mix as needs change. Our mission is to empower more marketers to work for themselves, flexibly and remotely. By connecting top marketers with interesting startups and brands, we help freelancers grow sustainable businesses of their own.

Provider Pool

Pre Seed Round in 2020
Provider Pool Co. is an online labor marketplace dedicated to the healthcare sector, founded in 2018 and based in Saint Louis, Missouri. The platform serves as a community for healthcare professionals, connecting them with healthcare organizations through a technology-driven marketplace. It streamlines the processes of hiring, recruiting, and contracting, thus enhancing the efficiency of staffing for healthcare providers. By utilizing advanced matching technology powered by artificial intelligence, Provider Pool effectively pairs hospitals with suitable nursing professionals for both short-term and long-term staffing needs. This approach not only facilitates direct access to local nursing talent but also helps healthcare organizations save time and reduce costs associated with recruitment.

neu

Pre Seed Round in 2020
As a managed marketplace, we leverage technology and 3rd parties to streamline service - the sweet spot between dated traditions and a modern approach. Currently, we connect vacation rental hosts with cleaners but inevitably we’ll disrupt the service industry by creating the world’s largest cleaning company.

Jolly

Pre Seed Round in 2019
Jolly is a global open professional network the Trust Economy, where freelance professionals and businesses network, build their reputations and work together freely. The network helps freelancers make more money in less time by going direct with their clients instead of working through middlemen like temp staffing firms. It also helps you drastically reduce the time you spend on staffing, while also reducing the stress and cost of hiring workers.

Crowdz

Seed Round in 2019
Crowdz provides invoice-financing opportunities to companies in global supply chains—a $9 trillion market that SMEs traditionally have been excluded from. The need for such financing is greater than ever before. Some 93% of all supply-chain participants are SMEs, and half of these suffer cashflow shortages as they wait for 90 to 120 days or more to be paid. Crowdz’s global invoice auction solves this problem by directing competitive, low-cost financing to SMEs while offering high returns to funders seeking better investments.

WorkAround

Pre Seed Round in 2019
WorkAround is the accurate, scalable solution for adding human input to your data using an untapped workforce of domain experts. WorkAround's platform enables simple, quick annotation of data. Anything from classifying expenses into tax codes, annotating breast tissue to identify regions of interest, to identifying drug combinations from clinical trial reports. We have the domain experts and a platform to facilitate a simple, secure processing of customer data and annotations. Companies that using WorkAround services not only save time and get quality service, but are also contributing to a more socially just and productive world where talent knows no boundaries, opportunity doesn’t ask for status, and work is rewarded with fair pay.

Crowdsense.ai

Pre Seed Round in 2019
Crowdsense.ai operates an AI-driven platform that specializes in real-time detection of market-moving events, risks, and trends. Founded in 2019 and based in Tel Aviv, Israel, the company provides an automated intelligence service that filters billions of online posts to identify significant occurrences, often delivering alerts before major news outlets. This capability allows users to receive timely notifications through various channels, including desktop alerts, SMS, and APIs. Crowdsense.ai is particularly valuable in the risk management and business intelligence sectors, enabling decision-makers to respond swiftly to threats and opportunities, thereby safeguarding assets such as reputation, workforce, and revenue. The platform has successfully detected critical events like the COVID-19 outbreak and military strikes, offering organizations a competitive edge through early insights and live tracking capabilities.

Crowdsense.ai

Pre Seed Round in 2019
Crowdsense.ai operates an AI-driven platform that specializes in real-time detection of market-moving events, risks, and trends. Founded in 2019 and based in Tel Aviv, Israel, the company provides an automated intelligence service that filters billions of online posts to identify significant occurrences, often delivering alerts before major news outlets. This capability allows users to receive timely notifications through various channels, including desktop alerts, SMS, and APIs. Crowdsense.ai is particularly valuable in the risk management and business intelligence sectors, enabling decision-makers to respond swiftly to threats and opportunities, thereby safeguarding assets such as reputation, workforce, and revenue. The platform has successfully detected critical events like the COVID-19 outbreak and military strikes, offering organizations a competitive edge through early insights and live tracking capabilities.

Staffless.ai

Pre Seed Round in 2018
Unstaffed solutions

UCiC

Seed Round in 2016
UCiC operates a social content platform that enables users to request and share photos or videos of current events and weather from around the globe. The platform incorporates location recognition technology, allowing users to earn reward points by uploading discoveries of places they encounter. This interactive approach fosters a real-time exchange of visual information, connecting users through shared experiences and observations.

Social Lender

Seed Round in 2016
Social Lender is a lending solution based on social reputation on mobile, online and social media platforms.

Crowdz

Angel Round in 2015
Crowdz provides invoice-financing opportunities to companies in global supply chains—a $9 trillion market that SMEs traditionally have been excluded from. The need for such financing is greater than ever before. Some 93% of all supply-chain participants are SMEs, and half of these suffer cashflow shortages as they wait for 90 to 120 days or more to be paid. Crowdz’s global invoice auction solves this problem by directing competitive, low-cost financing to SMEs while offering high returns to funders seeking better investments.

Kalo

Pre Seed Round in 2014
Kalo Industries, Inc. is a technology company based in San Francisco, California, that specializes in streamlining the management of freelancers and external workers. Founded in 2015, Kalo offers a platform that simplifies the onboarding process, manages freelancer profiles, assigns tasks, and tracks invoices. This system allows companies to consolidate payments into a single invoice, eliminating the need for multiple invoices from various freelancers. Kalo's user-friendly interface has attracted a diverse clientele, including major organizations in sectors such as technology and fashion, enabling them to replace cumbersome spreadsheets and email communications with a more efficient and organized approach to collaboration with freelancers and vendors.

Good Audience

Seed Round in 2014
Good Audience provides online services to reach and get the brand, product, or service in front of various active social media users. Its services include campaigns, intelligent targeting, social strategy, active content posting, and cross promotion. The company is based in the United States.

Kalo

Seed Round in 2014
Kalo Industries, Inc. is a technology company based in San Francisco, California, that specializes in streamlining the management of freelancers and external workers. Founded in 2015, Kalo offers a platform that simplifies the onboarding process, manages freelancer profiles, assigns tasks, and tracks invoices. This system allows companies to consolidate payments into a single invoice, eliminating the need for multiple invoices from various freelancers. Kalo's user-friendly interface has attracted a diverse clientele, including major organizations in sectors such as technology and fashion, enabling them to replace cumbersome spreadsheets and email communications with a more efficient and organized approach to collaboration with freelancers and vendors.

WorkMob

Seed Round in 2014
WorkMob structures freelance projects for a successful outcome.

The Backscratchers

Pre Seed Round in 2014
The Backscratchers enables companies, freelancers and entrepreneurs within the creative industries to connect, share their resources and make their projects happen. Just as Kickstarter is transforming funding for the creative sector, they are addressing the other side of the creative equation: people and resources. The creative industries, which ranges from Games and Music through to Advertising, Design and the Performing Arts, commonly faces two problems: a lack of access to the resources people need to start their projects or businesses, and fragmented networks, isolated by discipline or location. For example, a web designer might not know the web developers they need and having a network in Los Angeles is not necessarily what you need when you are putting on a conference in London. With The Backscratchers, users can find and connect with creative professionals across disciplines and locations, working via resource exchange or payment and building their reputation within the sector. The platform bridges the gap that currently exists between professional networks and creative portfolio websites. The Backscratchers is currently in private beta, working with a core group of influencers from brands such as Secret Cinema, Rough Trade Records, Warner Brothers Television and Wired Magazine, as well as top universities like Royal College of Art, Central St. Martins, Ravensbourne and more.

Crowdly

Seed Round in 2013
Crowdly is an advocate marketing platform empowering large consumer brands to build a base of authentic advocates, activate them, and learn from their behavior to increase word-of-mouth promotion and brand advocacy. It specializes in the fields of finance, social media, advertising, and social media marketing. The company was founded in 2011 and headquartered in Boston, Massachusetts.

MentorMob

Seed Round in 2013
What if Google provided a path through the best content to learn from so learners don't need to search anymore? MentorMob eliminates the need to search by providing crowd-curation of the best free content to learn from with a step-by-step path for any topic.

Ziptask

Seed Round in 2013
Ziptask is a 'fully managed' work platform that operates as a layer on top of crowd labor marketplaces such as oDesk and Elance. It is the first outsourcing platform built around a network of expert project managers who reduce the risk and cost for small businesses. Ziptask uses its network of project managers and proprietary software platform of collaboration tools to on-board, assess, and outsource small and medium projects ($1K-$10K), and ensure they are delivered in pre-agreed timeframe and cost. The tech-savvy project managers insulate the customer from the friction and headaches of the outsourcing process. The project managers use the collaboration, communication, screening, billing and project execution tools to empower teams and run projects efficiently in one place. It’s a drag & drop, one-click solution for a cumbersome and complex process.

Crowdly

Pre Seed Round in 2012
Crowdly is an advocate marketing platform empowering large consumer brands to build a base of authentic advocates, activate them, and learn from their behavior to increase word-of-mouth promotion and brand advocacy. It specializes in the fields of finance, social media, advertising, and social media marketing. The company was founded in 2011 and headquartered in Boston, Massachusetts.

Crowdly

Seed Round in 2010
Crowdly is an advocate marketing platform empowering large consumer brands to build a base of authentic advocates, activate them, and learn from their behavior to increase word-of-mouth promotion and brand advocacy. It specializes in the fields of finance, social media, advertising, and social media marketing. The company was founded in 2011 and headquartered in Boston, Massachusetts.