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 Wealth Management

The Beans

Funding Round in 2021

The Beans is a financial planning platform that aims to simplify the journey to financial success. Founded on September 15, 2016, by Matthieu Tourne and Melissa Gail Pancoast, the company is headquartered in San Francisco, California. The platform utilizes visual tools involving dried beans and corn to provide an engaging and accessible approach to wealth management. By offering proactive and positive support, The Beans helps users alleviate financial stress, allowing them to concentrate on their passions and interests.

MINWO

Pre Seed Round in 2021

MINWO's mission is to close the wealth gap for minorities and women in the U.S. by building products that empower them in entrepreneurship, personal finance, and professional development.

OfColor

Pre Seed Round in 2020

OfColor serves large enterprises that need to ensure the financial health of their employees of color, providing curated content, AI-driven financial advice, and banking tools built around how we save, spend, and build our legacies differently.

Holisticly

Pre Seed Round in 2020

Holisticly provides employees with a monthly wellness stipend to choose from a range of team-wide experiences and fitness and mental health solutions.

Worthright

Pre Seed Round in 2020

Worthright is a financial service company that helps seniors and their families find financial confidence and freedom in retirement. The company focuses on using existing life insurance to fund retirement costs and care needs. They do that by delivering intelligent technology that makes evaluating, servicing and selling a policy seamless - resulting in a powerful grasp of what options are available to a family to pay for and live a full life.

Vestive

Pre Seed Round in 2019

Vestive is a Financial Services company that ensures every portfolio it recommends is a great financial choice. The company was founded in 2018 by Mik Breiterman-Loader and Trevor Biller.

Optio

Seed Round in 2017

Managing personal finances is hard. Not only it is hard, it is not fun either. Studies have shown that this is a universal challenge around the world. Low level of financial literacy, outdated approach to managing personal finances and low income are among some of the reasons, to name a few. Still, it is a vital part of our lives. If we are not able to manage our finances properly, we all face the risk of a financial crisis. That’s why we decided to create OptioAI, AI powered service, which interacts with users in the form of chat bot. It gathers information from you, gets the data from your bank, analyses your goals, plans your budget, monitors your income and spending, makes necessary adjustments in the budget lines based on real-time data and helps you to maintain healthy finances. The more information OptioAI analyses from its users, the smarter and the more efficient it becomes. With OptioAI, managing personal finances is going to become easy and fun!

Harbor

Pre Seed Round in 2017

Harbor is improving America's retirement security. They are building software to make high-quality financial planning accessible and affordable to the 65% of Americans who are not receiving any today.

Kapitalwise

Seed Round in 2017

KapitalWise API platform combines financial institutions data with third-party data and uses ML and AI to monitor, detect and predict personal and financial events in the consumer's life to help financial institutions to recommend the right products and services at the right time. Their SaaS solutions integrate fully into a bank’s existing technology platform, with the ability to provide insights to relationship managers or be part of the customer’s digital user experience, complete with goal setting, nudges and scenario planning.

DailyWorth

Venture Round in 2011

DailyWorth.com, Inc. operates a platform to receive daily emails filled with financial and career advice, thought-provoking articles, and an occasional kick in the pants for women. It sends emails on money, including tips on savings, investing, credit and debt, taxes, insurance, and real estate; work, such as career advice, job search, negotiating, running a business, and freelancing; and life, which include finding a balance, education, health, travel, inspiration, and giving. The company also sends family advice, including marriage, kids, relationships, and elder care services; retirement tips, including estate planning and IRA and 401 (K); and tools, such as MoneyClarity, MoneyType, and WorthFM; and digital reviews. DailyWorth.com, Inc. was founded in 2009 and is based in New York, New York.

DailyWorth

Seed Round in 2011