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.

Focus

Pre Seed Round Seed Round Artificial Intelligence Machine Learning Series A Show more

http://techstars.com/ventures

https://crunchbase.com/organization/techstars

https://facebook.com/techstars

https://linkedin.com/company/techstars

https://twitter.com/techstars

https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=431767203

https://www.privateequityinternational.com/database/#/profile?id=14977

Ethan Austin

MD of the Techstars Western Union Accelerator

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in FinTechs

OndeCare

Pre Seed Round in 2021

OndeCare is an innovative marketplace that connects clients with professional caregivers for in-home care services. Designed for convenience, the platform allows users to book care quickly and efficiently, offering reliable, high-quality support for individuals of all ages and needs. OndeCare focuses on providing concierge-level assistance, ensuring that clients receive tailored services that fit their schedules and requirements. By facilitating these connections, the company not only addresses the caring needs of families but also generates meaningful job opportunities for local care, safety, and education professionals. The platform aims to make in-home care accessible and affordable, aligning its services with the costs of traditional home care solutions.

Level

Pre Seed Round in 2021

Level Builds financial services for the new economy. They collectively have decades of experience designing and delivering innovative financial services designed around specific needs. With complementary skills and knowledge, they have built Level technology to support an outstanding customer experience and provide the banking services you deserve.

Level

Pre Seed Round in 2021

Level

Pre Seed Round in 2021

FinGoal

Funding Round in 2020

FinGoal, a company building tools for FinTechs, makes it easy for FinTech devs to serve their consumer endusers with radically insightful advice. Their proprietary technology analyzes each consumer’s specific spending data and preferences to ensure that consumers are always getting the most bang for their buck everywhere they spend money, from coffee to insurance to travel.

Finch

Seed Round in 2020

Finch is a financial technology company that offers an online trading platform designed to simplify the investment process for users. Founded in 2019 and based in Boston, Massachusetts, Finch allows individuals to earn investment returns by automatically allocating their balances into a diversified portfolio of exchange-traded funds (ETFs) tailored to their unique risk profiles. This approach ensures that users' entire balances are consistently working for them from the outset, regardless of the amount. Additionally, Finch provides instant access to funds, including the invested portions, enabling users to manage their money without significant changes to their existing financial habits.

DeFiner

Pre Seed Round in 2020

DeFiner Inc. operates a decentralized lending platform that enables users to secure digital loans within a global network of lenders and borrowers. It also helps users to securely lend and borrow digital assets on the blockchain. The company was founded in 2018 and is based in Minneapolis, Minnesota with other locations in San Francisco, Seattle, and New York.

Equipment Connect

Pre Seed Round in 2020

A three sided, tech-enabled marketplace composed of equipment users, vendors and funders. The platform provides companies with multiple finance offers and arranging finance is fully digital from first contact to final contract. Our web app also assists companies in sourcing and managing equipment through a central dashboard. #FinTech #marketplace #Lending #asset finance #leasing #equipment finance #equipment management Backed by Innovate UK, industry angel investors and leading suppliers. Strong team of experienced professionals.

Finch

Pre Seed Round in 2019

Fostrum

Pre Seed Round in 2019

Fostrum Financial Technologies, Inc. is a virtual banking platform based in Vancouver, Canada, catering to small businesses, startups, and freelancers. Established in 2018, the company offers a range of financial services, including invoicing, bill payments, interest accounts, corporate cards, and tailored financing solutions. Fostrum focuses on providing data-driven financing options specifically designed for digital small to medium enterprises, enabling them to manage their financial needs effectively.

Level

Pre Seed Round in 2019

FeezBack

Seed Round in 2018

FeezBack Technologies Ltd develops an online automated personal finance assistant. The company’s product includes a data driven fees assistant which is an online platform that assists users in banking services, including cost mitigation and fee management operations. Further, the company’s platform provides users with tools to understand, compare, choose, and manage their banking services. Additionally, it helps users navigate the financial world by transforming financial information into usable advice and personal recommendations. The company was founded in 2016 and is based in Tel Aviv, Israel.

Qanta.ai

Convertible Note in 2017

Qanta Fintech Ltd., founded in 2016 and based in Nes Ziona, Israel, specializes in providing mortgage lenders with an AI-driven agent designed to automate key aspects of the lending process. This technology addresses high customer acquisition costs in financial products, particularly in mortgage lending. By engaging, qualifying, and onboarding clients, Qanta enhances the productivity of mortgage operations while delivering a personalized experience. The AI agent is capable of contacting prospects, following up, and collecting necessary information, thereby streamlining the overall lending process for mortgage professionals.

Qanta.ai

Seed Round in 2017

Nimis Cybersecurity

Seed Round in 2017

Techstars backed cybersecurity company using artificial intelligence to provide real time penetration testing

futury

Pre Seed Round in 2017

The technology landscape has changed dramatically in the recent years. New technologies are coming out frequently, and engineers are required to be versatile and treat their career as it was a business – they have to be in constant learning mode, and create their competitive advantage among others. futury brings the power of real-time market analytics to help engineers boost their career. We help them unlock their skills potential and discover future opportunities that will maximize their market value. Our solution aims to put every engineer just clicks away from getting valuable and personalized insights about the ever-growing industry. futury was launched by Amit, Stav, Maor, and David in 2015. It is operated from Tel Aviv, Israel.

Flexpay

Seed Round in 2017

Flexpay Technologies is a company that offers an automated platform to enable merchants and their customers manage flexible payments for both goods and services across mobile money and bank transfer platforms. Flexpay helps you break down your payments for purchases into smaller chunks that you can pay over a period of time.

LendTech

Seed Round in 2017

LendTech LLC operates a digital lending platform designed to facilitate connections between banks, credit unions, and private lenders with borrowers. Founded in 2016 and based in San Francisco, California, the platform streamlines loan application processing by integrating communication channels for signatures, document submissions, and real-time messaging. It supports both automated and manual loan origination systems, allowing lenders to offer a diverse range of loan products, including credit cards, home equity lines of credit, commercial real estate loans, Small Business Administration loans, bridge loans, auto loans, mortgages, and equipment financing. LendTech aims to enhance the efficiency and accessibility of the borrowing process for both lenders and their clients.

AID:Tech

Pre Seed Round in 2016

AID:Tech enables people to own, control, manage and monetise their Digital Identity metadata. In doing so, we link to Payments and provide unique insights and data enhancements AID:Tech was launched in 2016 and founded by Joseph Thompson and Niall Dennehy.

Fig Tech

Seed Round in 2016

Fig Tech, Inc. provides loans for customers in Texas. It offers emergency loans and financial stability products. Fig Tech, Inc. was formerly known as Fig Loans Inc. The company was incorporated in 2015 and is based in Sugar Land, Texas.Fig Tech, Inc. offers payday loan and auto title loan in Texas. The company was founded in 2015 and is headquartered in New York, New York.

Alloy

Seed Round in 2015

Alloy engages in helping financial institutions and fintech companies solve identity and compliance problems.

Bench

Convertible Note in 2012

Bench Accounting Inc. is a fintech company based in Vancouver, Canada, that specializes in providing online bookkeeping services for small businesses. Founded in 2012, the company combines intuitive software with a dedicated team of professional bookkeepers to automate accounting tasks, allowing clients to manage their finances more efficiently. Bench offers a range of services, including monthly financial statements, year-end financials, and year-round tax support, ensuring that business owners have access to comprehensive financial reporting and expert assistance. With a focus on affordability and convenience, Bench aims to streamline the bookkeeping process, empowering clients to concentrate on growing their businesses. The company has raised significant funding to support its operations and currently employs a workforce dedicated to serving thousands of clients across Canada.