Techstars Accelerator
Techstars·United States
$220,000 day-one investment: $20,000 on a post-money CEA for 5% in common stock plus $200,000 on an uncapped MFN safe; three months.
What you get
“$220,000 day-one investment: $200,000 through an uncapped MFN Safe + $20,000 through a Post-Money Convertible Equity Agreement (CEA). The total equity Techstars receives will be 5% of the company in common stock plus the future value of the $200,000 uncapped MFN Safe.”
Can you apply
Companies must be incorporated as US corporations or foreign equivalents, with reorganization required for non-approved jurisdictions before investment proceeds. Techstars Accelerators offer three months of intensive, mentorship-driven support, connecting you with the specialized expertise, global community, and capital you need to grow faster.
When
Open now
- Techstars accelerator applicationsopen, no deadline published
What Techstars funds
A global network of mentorship-driven three-month accelerators, several of them AI and deep-tech focused, investing on a standardised two-instrument deal. Takes a fixed 5% in common stock plus an uncapped MFN safe.
Everything Techstars funds →Details
The standard Techstars deal applies to the vast majority of its programmes. Day one is $220,000: $20,000 through a Post-Money Convertible Equity Agreement that converts to 5% common stock, plus $200,000 through an uncapped MFN safe with no pre-determined valuation cap. Both convert when the company does a priced round of at least $1M, and the safe automatically adopts the terms of the lowest-cap safe issued between the MFN start date and the priced round. A side letter establishes pro rata, digital-assets and drag-along rights. Programmes run three months and there are roughly 14 accelerators across locations including Boston, Boulder, Chicago, London, New York City and Tokyo.