500 Startups Invested in over 500 Companies.
500 Startups is an early-stage global venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. Boasting a network of programmes designed specifically for startups. The company’s guiding principle is that successful digital startups should focus on client needs and online distribution.
500 Startups offers seed funds and an acceleration programme to startups in the initial phase, before providing guidance on how to create partnerships with other companies and how to make contact with investors. In the past year, the Mountain View-based incubator has begun to expand around the world, including Europe, where it plans to target eastern countries such as Germany, Israel and Turkey.
Probably one of the most well-known accelerators, 500 Startups’ 4-month seed program gets your company access to mentorship, hands-on sessions with startup experts and an office space where you’ll work with other talented founders from around the world. They invest $150K in exchange for 6% in equity. They charge a $37.5K fee for participation in the program and it takes place in both San Francisco and Mexico City.
Founded in 2010, 500 Startups operates out of Silicon Valley, but has invested in startups in 40 countries around the world. The startup accelerator program provides up to $250,000 in funding and access to special events and mentors around the world.
Network: HubSpot, Oracle, Microsoft & IBM are few names in network of 500 Startups.
Equity: 500 Startups takes 6% equity from startups to invest.
Alumni Companies: Twilio, Intercom, Talkdesk, CreditKarma