# Techstars: portfolio, investments and team

> Techstars is a vc firm based in United States. 2,988 investments on record, 230 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/techstars (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Techstars

Last cheque observed Oct 2026; 2988 cheques on record.

Email

Deploying now New fund $457K, Jul 2022 VC firm

Pre-seed Artificial Intelligence Information Technology

Follow Techstars and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ftechstars)

Deploying now

**49%** of best year **230** **cheques in 12 months**, 2,988 on record

Since the last cheque **8** days **00** hrs **00** min **00** sec

Median round **$1.2M** Rounds led **2 of 2,988** Sole investor **792 rounds** Exits **75 from the portfolio** Mostly in **United States, 80%**

Pitch Techstars

## Techstars highlights

- 01 230 cheques in the last 12 months
- 02 Mostly Seed and Venture: 62% of its rounds
- 03 Sole investor in 792 rounds, median $150K
- 04 75 exits from the portfolio

## What they do

> Techstars is the accelerator and investor for founders who do more faster. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed
- **Sectors:** Artificial Intelligence Information Technology
- **Based in:** Boulder, United States
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **2,988 appearances**

- **2026** 178 rounds
- **Oct** **[Intuitivo](https://millionrounds.com/company/intuitivo)** Seed · PT · Google News search **Undisclosed** With 6 others
- **Oct** **[Allswell](https://millionrounds.com/company/allswell)** Seed · US · MedCity News **$7.0M** With 5 others
- **Oct** **[Cloud9](https://millionrounds.com/company/cloud9)** Pre-seed · KE · Disrupt Africa **$500K** With 1 other
- **Oct** **[hexafarms](https://millionrounds.com/company/hexafarms)** Seed · DE · Google News search **$5.4M** With 6 others
- **Sept** **[Jaipur Robotics](https://millionrounds.com/company/jaipur-robotics)** Seed · CH · HTGF High-Tech Gründerfonds **$5.0M** With 3 others
- **Sept** **[Manatee](https://millionrounds.com/company/manatee)** Venture · US **$4.0M** With 2 others
- **Sept** **[Birdstop](https://millionrounds.com/company/birdstop)** Grant · US **$4.6M** With 3 others
- **Sept** **[Frontline Gig](https://millionrounds.com/company/frontline-gig)** Pre-seed · US **$250K** With 1 other
- **Sept** **[Hydrosat](https://millionrounds.com/company/hydrosat)** Series B · US · Cultivation Capital **$10M** With 3 others
- **Sept** **[MoneyStack](https://millionrounds.com/company/moneystack)** Venture · US **$1.0M** With 1 other
- **Sept** **[RISE Robotics](https://millionrounds.com/company/rise-robotics)** Grant · US **$100K** With 2 others
- **Sept** **[O-ID](https://millionrounds.com/company/o-id)** Pre-seed · JP **$1.2M** With 1 other
- **Sept** **[Locus Lock](https://millionrounds.com/company/locus-lock)** Seed · US **$1.5M** With 1 other
- **Sept** **[Redefine Surgery](https://millionrounds.com/company/redefine-surgery)** Venture · US **Undisclosed** Sole investor
- **Sept** **[Nix](https://millionrounds.com/company/nix)** Series A · US **$10M** With 1 other
- **Sept** **[DigitalOcean](https://millionrounds.com/company/digitalocean)** Debt · US **$725M** With 3 others
- **Sept** **[Azoma](https://millionrounds.com/company/azoma)** Seed · CA **$4.0M** With 2 others
- **Sept** **[Navi Technologies, Inc.](https://millionrounds.com/company/navi-technologies-inc)** Pre-seed · US **$500K** Sole investor
- **Sept** **[Arbor Insight](https://millionrounds.com/company/arbor-insight)** Grant · IT **$150K** Sole investor
- **Aug** **[TwelveLabs](https://millionrounds.com/company/twelvelabs)** Series B · US · Ventureburn **$100M** With 8 others
- **Aug** **[Pear Suite](https://millionrounds.com/company/pear-suite)** Grant · US **$1.0M** With 2 others
- **Aug** **[Boldr](https://millionrounds.com/company/boldr)** Seed · GB **$4.9M** With 3 others
- **Aug** **[Zeno Power](https://millionrounds.com/company/zeno-power)** Venture · US **$3.6M** With 4 others
- **Aug** **[LevelTen Energy](https://millionrounds.com/company/levelten-energy)** Venture · US **$61M** Sole investor
- **Aug** **[Cloverleaf AI](https://millionrounds.com/company/cloverleaf-ai)** Series A · US **$8.0M** With 2 others
- **Jul** **[Genius AI](https://millionrounds.com/company/genius-ai)** Growth · US · Ventureburn **$44M** With 7 others
- **Jul** **[LinqAlpha](https://millionrounds.com/company/linqalpha)** Series A · US · TechStartups **$22M** With 15 others
- **Jul** **[Auxilius](https://millionrounds.com/company/auxilius)** Pre-seed · US **$1.5M** Sole investor
- **Jul** **[Wagmo](https://millionrounds.com/company/wagmo)** Venture · US **Undisclosed** With 4 others
- **Jul** **[Dopl Technologies](https://millionrounds.com/company/dopl-technologies)** Seed · US **$6.3M** With 1 other
- **Jul** **[Benchmark Labs](https://millionrounds.com/company/benchmark-labs)** Venture · US **$75K** With 4 others
- **Jul** **[Allswell](https://millionrounds.com/company/allswell)** Seed · US **$6.8M** Sole investor
- **Jul** **[Linker Finance](https://millionrounds.com/company/linker-finance)** Seed · US **$5.0M** With 2 others
- **Jul** **[Kai XR](https://millionrounds.com/company/kai-xr)** Venture · US **$2.6M** With 1 other
- **Jul** **[Conceivable Life Sciences](https://millionrounds.com/company/conceivable-life-sciences)** Venture · US **$18M** With 2 others
- **Jul** **[Mentor Collective](https://millionrounds.com/company/mentor-collective)** Venture · US **$2.0M** With 1 other
- **Jul** **[Immigify](https://millionrounds.com/company/immigify)** Pre-seed · US **$1.0M** With 3 others
- **Jul** **[ORBES](https://millionrounds.com/company/orbes)** Pre-seed · US **$330K** Sole investor
- **Jul** **[inKind](https://millionrounds.com/company/inkind)** Debt · US **$320M** With 1 other
- **Jul** **[Refr Sports](https://millionrounds.com/company/refr-sports)** Seed · US **$2.0M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **8 named**

AW **Andrew William Cleland** Chief Investment Officer i Form ADV

CD **Cohen David** Chief Executive Officer i Form ADV

DB **David Brown** Managing Director of the Manager of the Manager i Filing they signed

DC **David Cohen** Managing Director of the Manager of the Manager i Filing they signed

JS **Jason Seats** Managing Director of the General Partner i Filing they signed

JG **Jonathan Glendon Geehan** Chief Financial Officer i Form ADV

MS **Mark Solon** Managing Director of the Manager of the Manager i Filing they signed

MS **Melissa Scheble Westbrook** General Counsel i Form ADV

We also hold **69** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$1.9B** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Techstars Central, LLC
- **SEC number:** CRD 162948

Funds they back

## 2 fund commitments on record

- **Managers:** 2

Every fund on record that it has committed money to, and the managers who invest it. Source: fund news.

Managers it backs most

- [Galileo Ventures 1 fund](https://millionrounds.com/fund/galileo-ventures)
- [NZVC 1 fund](https://millionrounds.com/fund/nzvc)

Most recent commitments

- [Galileo Ventures EXPANSION](https://millionrounds.com/fund/galileo-ventures)
- [NZVC Fund II](https://millionrounds.com/fund/nzvc)

## What they claim to have backed

From their own portfolio page (on their website)

**23** of 30 we have independently watched raise

[Chainalysis](https://millionrounds.com/company/chainalysis)[Classpass](https://millionrounds.com/company/classpass)[Datarobot](https://millionrounds.com/company/datarobot)[Degreed](https://millionrounds.com/company/degreed)[Digitalocean](https://millionrounds.com/company/digitalocean)[Door](https://millionrounds.com/company/door)[Ginger](https://millionrounds.com/company/ginger)[Glossgenius](https://millionrounds.com/company/glossgenius)[Jumpcloud](https://millionrounds.com/company/jumpcloud)[Newsela](https://millionrounds.com/company/newsela)[Openloophealth](https://millionrounds.com/company/openloop-health)[Outreach](https://millionrounds.com/company/outreach)[Owletcare](https://millionrounds.com/company/owlet-baby-care)[Pillpack](https://millionrounds.com/company/pillpack)[Preply](https://millionrounds.com/company/preply)[Remitly](https://millionrounds.com/company/remitly)[Salesloft](https://millionrounds.com/company/salesloft)[Scopely](https://millionrounds.com/company/scopely)[Sendbird](https://millionrounds.com/company/sendbird)[Sendgrid](https://millionrounds.com/company/sendgrid)[Twelve](https://millionrounds.com/company/twelve)[Twilio](https://millionrounds.com/company/twilio)[Uber](https://millionrounds.com/company/uber-advanced-technologies-group) Alloy Apply Today Brand Guidelines Flyzipline Self Shipveho Tradingview

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **75 in all**

**[PillPack](https://millionrounds.com/company/pillpack)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **$753M** Jun 2018

**[Dispatch](https://millionrounds.com/company/dispatch)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **Undisclosed** Nov 2017

**[tbh](https://millionrounds.com/company/tbh)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **Undisclosed** Oct 2017

**[ONtheGO Platforms](https://millionrounds.com/company/onthego-platforms)** Bought by Atheer Labs **Undisclosed** Dec 2015

**[Orbeus](https://millionrounds.com/company/orbeus)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **Undisclosed** Dec 2015

**[Spry](https://millionrounds.com/company/spry)** Bought by WebbMason **Undisclosed** Nov 2015

**[Uvize](https://millionrounds.com/company/uvize)** Bought by Greenwood Hall **Undisclosed** Oct 2015

**[Tutum](https://millionrounds.com/company/tutum)** Bought by [Docker](https://millionrounds.com/fund/docker) **Undisclosed** Oct 2015

**[Inside Social](https://millionrounds.com/company/inside-social)** Bought by Simply Measured **Undisclosed** Sept 2015

**[WeDeliver](https://millionrounds.com/company/wedeliver)** Bought by Deliv **Undisclosed** Jun 2015

**[Next Big Sound](https://millionrounds.com/company/next-big-sound)** Bought by Pandora Media **Undisclosed** May 2015

**[Reveal](https://millionrounds.com/company/reveal)** Bought by Rhapsody **Undisclosed** Apr 2015

**[Fetchnotes](https://millionrounds.com/company/fetchnotes)** Bought by Driftt **Undisclosed** Apr 2015

**[IMRSV](https://millionrounds.com/company/imrsv)** Bought by Kairos AR **$2.7M** Apr 2015

**[Streamline](https://millionrounds.com/company/streamline)** Bought by MEDOVEX **Undisclosed** Mar 2015

**[Mortar Data](https://millionrounds.com/company/mortar-data)** Bought by [Datadog](https://millionrounds.com/fund/datadog) **Undisclosed** Feb 2015

**[SocialCrunch](https://millionrounds.com/company/socialcrunch)** Bought by Tastebud **Undisclosed** Jan 2015

**[Vidmaker](https://millionrounds.com/company/vidmaker)** Bought by YouTube **Undisclosed** Dec 2014

**[Spill Inc](https://millionrounds.com/company/spill-inc)** Bought by Kanjoya **Undisclosed** Dec 2014

**[Revolv](https://millionrounds.com/company/revolv)** Bought by Nest Labs **Undisclosed** Oct 2014

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

## Companies it bought

Acquisitions by the firm itself

**UP Global** **Undisclosed** Jun 2015

**NameLayer** **Undisclosed** Sept 2013

**Techstars Chicago (Formerly Excelerate Labs)** **Undisclosed** Feb 2013

New fund on file

**$457K**

raised in Jul 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed

Median round joined **$1.2M** the round, not its cheque Alone, median **$150K**

Led 2 of 2,988 rounds **0%**

- **Sole investor:** 792 rounds
- **Last cheque:** Oct 2026
- **Exits:** 75 from the portfolio

Rounds by stage said on their site

- Seed *1123*
- Venture *598*
- Series A *438*
- Pre-seed said *406*
- Grant *116*
- Series B *92*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) 311
- [Founder Institute](https://millionrounds.com/fund/founder-institute-montreal) 183
- [Google for Startups](https://millionrounds.com/fund/google-for-startups) 89
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 77
- [MassChallenge](https://millionrounds.com/fund/masschallenge) 71
- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) 58

**Pitching Techstars?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Techstars. A count of rooms they were both in, not a relationship either has claimed.

[**Right Side Capital Management** VC firm **311** rounds together](https://millionrounds.com/fund/right-side-capital-management)[**Founder Institute** Accelerator **183** rounds together](https://millionrounds.com/fund/founder-institute-montreal)[**Google for Startups** Accelerator **89** rounds together](https://millionrounds.com/fund/google-for-startups)[**Alumni Ventures** VC firm **77** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**MassChallenge** Accelerator **71** rounds together](https://millionrounds.com/fund/masschallenge)[**National Science Foundation** Government **58** rounds together](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)[**Plug and Play** Accelerator **56** rounds together](https://millionrounds.com/fund/plug-and-play)[**500 Global** Angel **51** rounds together](https://millionrounds.com/fund/500-startups)[**Y Combinator** Accelerator **46** rounds together](https://millionrounds.com/fund/y-combinator)[**Gaingels** Private equity **42** rounds together](https://millionrounds.com/fund/gaingels)[**Matchstick Ventures** VC firm **42** rounds together](https://millionrounds.com/fund/matchstick-ventures)[**Everywhere Ventures** VC firm **41** rounds together](https://millionrounds.com/fund/everywhere-ventures)

## Recently backed

The latest companies Techstars put money into.

[**Intuitivo** Oct 2026](https://millionrounds.com/company/intuitivo)[**Allswell** $7.0M · Oct 2026](https://millionrounds.com/company/allswell)[**Cloud9** $500K · Oct 2026](https://millionrounds.com/company/cloud9)[**hexafarms** $5.4M · Oct 2026](https://millionrounds.com/company/hexafarms)[**Jaipur Robotics** $5.0M · Sept 2026](https://millionrounds.com/company/jaipur-robotics)[**Manatee** $4.0M · Sept 2026](https://millionrounds.com/company/manatee)

## Books by the people here

2 books written by people at Techstars: [Andrew Razeghi](https://millionrounds.com/person/andrew-razeghi).

- The Riddle: Where Ideas Come From and How to Have Better Ones [Andrew Razeghi](https://millionrounds.com/person/andrew-razeghi) · 2007 3.86 from 69 ratings on Goodreads About the book While organizations claim to value creativity, they are often at a loss when attempting to conjure up novel ideas, particularly in a world where technology has made information readily available to everyone. As a result, leaders ask, "Where will the next big idea come from?" In… On AmazonListen on Audible
- Bend The Curve: Accelerate Your Startup's Success [Andrew Razeghi](https://millionrounds.com/person/andrew-razeghi) · 2015 4.35 from 23 ratings on Goodreads About the book In the world of innovation, there is no single path forward. The only road that all entrepreneurs share is the road less travelled by. But you can still learn from those who went before you, what to do and what not to do, in order to increase your odds of success. Bend the Curve… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list).

As an Amazon Associate we earn from qualifying purchases.

## On podcasts

6 episodes naming Techstars in the title, and 4 more that mention it.

- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 23 Mar 2026 · 5 min Investor Stories 467: Investors from Techstars, Redpoint, and Andreessen Horowitz on Strategy, Writing, and Building an Edge in Venture (Cohen, Effron, Simpson) Mentions [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)[Redpoint](https://millionrounds.com/fund/redpoint)[Techstars](https://millionrounds.com/fund/techstars) *+3* Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 20 Oct 2025 · 31 min 494. The Techstars Refresh, Why Bigger Isn't Better, Investing in the Seed-Strapping Era, and Why Quantum May Dwarf Every Tech Shift (David Cohen) Mentions [David Cohen](https://millionrounds.com/fund/david-cohen)[Techstars](https://millionrounds.com/fund/techstars) Apple PodcastsShow page
- [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 7 Nov 2024 · 30 min “Maybe some things got a little wobbly,” says Techstars CEO addressing criticism about its corporate culture Mentions [Techstars](https://millionrounds.com/fund/techstars)[David Cohen](https://millionrounds.com/fund/david-cohen) Apple PodcastsShow page
- [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 22 Aug 2024 · 29 min Episode 82: Martin Schilling - Managing Director of Techstars Deep Tech Berlin - How To Scale Startups Into Unicorns Mentions [Techstars](https://millionrounds.com/fund/techstars) Apple PodcastsShow page
- [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 23 May 2024 · 25 min Episode 69: Shirley Romig - Chief Accelerator Investment Officer at Techstars: Investing in Amazing Unstoppable Founders Mentions [Techstars](https://millionrounds.com/fund/techstars) Apple PodcastsShow page
- [Equity](https://millionrounds.com/podcasts/equity) 3 May 2024 · 35 min Inside TC’s Techstars investigation and how AI is accelerating disability tech Mentions [Techstars](https://millionrounds.com/fund/techstars)[Alex Wilhelm](https://millionrounds.com/person/alex-wilhelm) Apple PodcastsShow page

### Mentioned in

- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 10 Oct 2026 · 1h 25m Jason Reacts To Japanese Founder Pitches + Fireside Chat With Yuki Shirato Apple Podcasts
- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 29 May 2026 · 58 min How to Raise a Seed Round in 2026: Ask Jason | E2294 Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 12 Mar 2026 · 7 min Investor Stories 465: Pricing Too Late, Selling Too Early, Investing Too Fast, Hard Lessons from Top VCs (Ramanujam, Cohen, Orlovski) Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 5 Mar 2026 · 8 min Investor Stories 463: Selling Transformation Not Software, Managing Through Activists and Mergers, and Scaling Culture with Intent (Agarwal, Tananbaum, Cohen) Apple PodcastsShow page

## Quick answers about Techstars

### What does Techstars invest in?

Techstars invests most often at Seed and Venture (62% of the rounds on record), in sectors such as Artificial Intelligence and Information Technology.

### How active is Techstars?

2,988 investments on record, 230 of them in the last 12 months, and it led 2. The most recent was in Oct 2026.

### What has Techstars invested in recently?

Its most recent investments on record: Intuitivo (Seed, Oct 2026), Allswell (Seed, Oct 2026) and Cloud9 (Pre-seed, Oct 2026).

### How big are Techstars's cheques?

The median round it joins is $1.2M.

### Does Techstars lead rounds?

Sometimes: it led 2 of its 2,988 investments on record (0%).

### Where does Techstars invest?

Most of the companies it backs are in the United States (80%).

### Is Techstars investing now?

Yes: it is actively investing, with 230 investments in the last 12 months.

### Who does Techstars invest alongside?

Most often Right Side Capital Management (311 rounds together), Founder Institute (183 rounds together) and Google for Startups (89 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=techstars) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=techstars)