In 2006, Techstars launched with the straightforward perception that entrepreneurs construct a greater future. Twelve years and over 1700 portfolio corporations later, we’ve watched this perception be confirmed yr after yr in all corners of the world.
Nonetheless, 2018 represented a notable milestone for Techstars, we launched Techstars Affect, our first influence fund, completely devoted to backing entrepreneurs tackling our most urgent international challenges.
With Techstars Affect, we consider that our deepest downside units symbolize our best alternatives. We put founders on the heart of our technique to construct a greater future, and consider that entrepreneurs have the potential to ship scalable options to a few of our era’s most urgent issues. As a enterprise investor in influence, the core of our strategy aligning monetary returns with influence outcomes is to deal with areas the place a possibility straight aligns with a big market alternative. Whereas leveraging our insights from over a decade of investing in seed stage corporations all over the world, we constructed an influence funding technique that additionally naturally aligns with the U.N. Sustainable Growth Targets.
Since 2018 the Techstars Affect funds have made 44 investments with a footprint throughout six continents. Collectively, these corporations have created over 500 jobs and straight impacted three.7 million individuals across the globe.
This Affect Report highlights our strategy and funding exercise since January 2018, in addition to among the direct and systemic influence delivered by Techstars portfolio corporations receiving funding from our Techstars Affect 2018 SPV and Techstars Affect 2018 Accelerator funds.
Learn the complete Techstars Affect Report right here.