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 Unified Communications

AnsuR Technologies AS

Funding Round in 2020

AnsuR, based in Norway & Spain, provides software for mission-critical satellite communication of multimedia content, reducing bandwidth by 99% and increasing efficiency by 100 times.

Unifize

Pre Seed Round in 2019

Unifize is a cloud-based and saas communication platform for manufacturing and engineering company.

Union

Pre Seed Round in 2018

Union is a community management platform that connects startup founders, mentors, investors, and corporate innovators around the world. The platform streamlines operations and connects startup hubs like incubators, accelerators and coworking spaces from all over the world. It works with corporations, universities, government agencies, and other organizations to engage startups and solve challenges with precise focus and global results. Union provides corporate innovation teams with a turnkey virtual incubator platform for recruiting, engaging, and assessing startups while building a network of mentors and experts from across their organization that can participate in the innovation process. Union was founded in 2017 and is based in Washington, DC, USA.

Elumium

Seed Round in 2018

Elumium designs a communication platform that simplifies the process of residential communication. The company's platform provides instant communication, creates a digital guidebook to introduce residents to important information and documents relating to their new home, offers parcel and key management and facilitates cutting edge authentication with digital resident and guest profiles, enabling residents to easily manage their apartments from anywhere and know about important announcements the right way.

GuestU

Seed Round in 2017

GuestU is a company that offers software-as-a-service (SaaS) mobile solutions specifically for the hospitality industry. Founded in 2015 and headquartered in London, GuestU operates in multiple regions, including the United States, Spain, and China. The company provides cloud-based mobile applications for both iOS and Android platforms, enabling hotels, guesthouses, short-term rentals, and hostels to create and customize their concierge services. One of GuestU's key offerings is the GuestU Phone, a mobile solution designed to enhance guest connectivity with hotels and their surrounding destinations. This innovative amenity provides free internet and voice calls, thus eliminating roaming charges, and allows for personalized travel concierge services and smart device control through a single interface. GuestU is currently equipping thousands of hotel rooms across Europe while also gathering valuable data analytics on tourist behavior.

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.

UB+

Pre Seed Round in 2014

UB+ is a company that combines sound engineering and design to produce products that fit your lifestyle.

Twilio

Series A in 2009

Twilio is a cloud communications platform that enables developers and businesses to integrate voice, video, messaging, and authentication features into their applications. Founded in 2008 and based in San Francisco, Twilio offers a range of application programming interfaces (APIs) and prebuilt solutions to enhance customer engagement experiences. The platform supports the creation of voice, VoIP, and SMS applications, allowing users to build customized communication tools. By leveraging a global network of carrier relationships, known as the Super Network, Twilio facilitates efficient and cost-effective communication, thereby reinventing the telecom landscape. Additionally, Twilio has established funds to support startups in Europe that utilize its cloud communication services to develop innovative business solutions.

Twilio

Seed Round in 2009