Techstars Boulder's newest class will have more Colorado flair than ever before, with six companies hailing from the Centennial State.
This is the 156 Techstars class and 13th in Boulder, where the accelerator got its start in 2007.
The 10 startups in Techstars Boulder's 2019 class include companies based in Colorado, Oregon, Texas, Utah and India. More than half the founders come from underrepresented groups in the startup ecosystem, and a quarter of the founders are immigrants to the U.S.
“We’re excited about the diversity in this class, working in industries and business models we know as well new ones, because we’re confident in the experience and expertise of our mentors. They have so much depth, they are able to propel a wide variety of companies to the best outcomes,” said Natty Zola, managing director of Techstars Boulder.
As part of the 90-day accelerator, every company is offered a $100,000 convertible note. Techstars contributes $20,000, which is commonly used as a stipend to support living expenses during the program, and in return receives 6% common stock from each company.
However, in 2014, Techstars introduced an 'Equity Back Guarantee,' allowing graduate companies to lower or eliminate the accelerator's equity position if the startup is unhappy with the value it received.
Take a look below at the 10 companies accepted into Techstars Boulder's 2019 Class:
The Denver startup helps commercial space operators solve a “last-mile” problem by moving satellites from low-Earth to high orbits using space tugs—reusable spacecraft optimized for flight in space and between orbits.
CometChat enables developers to add voice, video, and text chat to their apps and websites to power user-to-user communication.
The startup simplifies financial management for freelancers and entrepreneurs through an FDIC-insured bank account, a merchant account and PayArmour, an invoicing tool that guarantees invoices.
The Oregon-based startup brings light and ambiance to consumers’ homes through real flame smart candles.
Colorado Inno readers should be no stranger to this entertaining and sustainable bedding company. Sheets & Giggles won the Denver Startup Week Pitch Competition and earned a spot on Inno's Startup Gift Guide for its eucalyptus bed sheets.
The startup enables brands to create affordable, predictable and beautiful content through a same-day photo and video solution.
The Texas startup helps disabled people regain their freedom with a self-balancing electric wheelchair that can go absolutely anywhere.
Called a travel and savings app for millennials, Tripcents helps travelers save for their next trip by combining proactive savings technology with vacation options that fit their interests and budget. The startup made Inno's 11 Travel and Hospitality Startups to Watch in 11 Cities list in November.
The startup helps product and marketing teams make better decisions by aggregating and categorizing free-form qualitative customer data to uncover insights.
As the only Boulder-based company in the class, Veho enables e-commerce brands to offer a differentiated delivery experience through crowdsourced drivers who deliver next day and offer app-based communication.
