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 Non-Profit

PROFIT

Pre Seed Round in 2019
PROFIT was started by two small business owners. They used four different software platforms to bank, budget, manage spend and track profitability. This was inconvenient, costly, fragmented, and wasted valuable time. They decided to build the first All-in-One bank that budgets, manages spend and tracks profitability so business owners can make better financial decisions.

Terrene

Pre Seed Round in 2017
Terrene Inc. operates a charity management platform which enables communication between those who donate and those who need donations. The company is based in Kitchener, Canada.

GroupRaise

Seed Round in 2017
Groupraise.com, Inc. is an online community that provides a way to organize restaurant fundraisers to support non-profit causes, including health, clean water, education, hunger, and social entrepreneurship. The company acts as a local community networking for restaurants to build relationships with community groups through fundraisers. Its community enables to list restaurants; start a campaign by posting dates, times, and the donation offered for local groups to host events; and groups request fundraisers through its online system. The company was founded in 2011 and is based in Houston, Texas.

Global EIR

Seed Round in 2017
Global EIR is nonprofit network of entrepreneurs, investors, & universities dedicated to solving founders' immigration problems.

GroupRaise

Seed Round in 2015
Groupraise.com, Inc. is an online community that provides a way to organize restaurant fundraisers to support non-profit causes, including health, clean water, education, hunger, and social entrepreneurship. The company acts as a local community networking for restaurants to build relationships with community groups through fundraisers. Its community enables to list restaurants; start a campaign by posting dates, times, and the donation offered for local groups to host events; and groups request fundraisers through its online system. The company was founded in 2011 and is based in Houston, Texas.