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 Packaging Services

Envio

Pre Seed Round in 2017
Envio offers a logistics platform that allows brands to deploy rental and a try-before-you-buy services.

feedPack

Seed Round in 2013
FeedPack keeps the customer at the heart of your company. We recognise that the customer experience is key to a successful business. Our personalised customer-centred solutions enable a comprehensive understanding of the customer experience and provide an insight to aid improvement and drive growth. We deliver Real-Time analytics so businesses can keep reactive to service and product performance. Our services enable rapid trend identification and confident decision making.

PillPack

Series A in 2013
PillPack is a full-service pharmacy that manages your medications. They fill, sort, and deliver all your medications in personalized packets based on when you need to take them. Their service helps you take the right meds at the right time, every time.

PillPack

Seed Round in 2013
PillPack is a full-service pharmacy that manages your medications. They fill, sort, and deliver all your medications in personalized packets based on when you need to take them. Their service helps you take the right meds at the right time, every time.

71lbs

Seed Round in 2012
71lbs helps small and medium businesses save money on shipping by providing analytics and reporting tools to help businesses understand their costs. We have been in the parcel shipping business for decades. We have shipped thousands of packages, negotiated many shipping contracts, and also worked for the major parcel shipping carriers. After all of our time in the industry, we have become all too familiar with the differences of their shipping services, their strengths and also their weaknesses. We bring all this experience to help you. We have used all that what we know to simplify shipping for you. We help you understand your shipping costs. We help you save money on shipping.