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Sprint Accelerator

North America, Missouri, United States, Kansas City

Description

Sprint Accelerator, powered by Techstars, was a prominent startup accelerator program based in Kansas City, Missouri. Launched in 2014, it represented a strategic collaboration between the telecommunications giant Sprint and the renowned global accelerator network, Techstars. The program's primary focus was on fostering innovation in areas such as mobile health, smart living, and other connected technologies, leveraging Sprint's extensive network and resources.

Operating on the well-established Techstars model, Sprint Accelerator offered participating startups a comprehensive 13-week program. This included intensive mentorship from industry experts, access to a vast network of entrepreneurs and investors, and critical business development resources. A cornerstone of its offering was the initial investment provided to each accepted company. Typically, this involved a direct cash investment of $20,000 in exchange for a 6% equity stake, alongside an optional $100,000 convertible note, bringing the total potential initial funding to $120,000.

The accelerator played a significant role in the Kansas City startup ecosystem, attracting promising early-stage companies from across the globe and providing them with the capital and guidance needed to scale. It aimed to identify and nurture disruptive technologies that could potentially integrate with Sprint's future services or enhance the broader connected world. While the specific Sprint Accelerator program concluded following Sprint's merger with T-Mobile, its legacy as an investor and catalyst for innovation in mobile and connected tech remains notable.

Investor Profile

Sprint Accelerator has backed more than 32 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Debt Financing rounds (top funding stages).
  • Majority of deals are located in United States, France.
  • Strong thematic focus on Health Care, Software, Mobile.
  • Typical check size: $20K – $120K.

Stage Focus

  • Seed (72%)
  • Pre Seed (22%)
  • Debt Financing (6%)

Country Focus

  • United States (97%)
  • France (3%)

Industry Focus

  • Health Care
  • Software
  • Mobile
  • Mhealth
  • Medical
  • Consumer Electronics
  • Apps
  • Fitness
  • Wellness
  • Pet
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Sprint Accelerator frequently co-invest with?

SeedInvest
North America, New York, United States, New York
Co-Investments: 1
MassChallenge
North America, Massachusetts, United States, Boston
Co-Investments: 1
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 32
Right Side Capital Management
North America, California, United States, San Francisco
Co-Investments: 1
SP
North America, Colorado, United States, Boulder
Co-Investments: 1
Haitao Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 1
BoomStartup
North America, Utah, United States, Salt Lake City
Co-Investments: 1

Which angels does Sprint Accelerator often collaborate with?

SS
North America, Massachusetts, United States, Boston
Shared Deals: 1
David Chang
North America, Massachusetts, United States, Boston
Shared Deals: 1

What are some of recent deals done by Sprint Accelerator?

ResponsiveAds

New York, New York, United States

The brand performance adtech leader for producing, serving & optimizing high-impact creatives that adapt to any size, shape or variant.

Ad ServerAdvertisingAdvertising PlatformsCreative AgencyDigital MarketingDigital MediaMobile AdvertisingWeb Design
Pre SeedFeb 22, 2016
Amount Raised: $120,000
Super Dispatch

Kansas City, Missouri, United States

The advanced auto transport platform built for everything carriers and shippers need to move cars faster, smarter, and easier.

AutomotiveInsuranceLogistics
SeedFeb 22, 2016
Stride.AI Inc

Norcross, Georgia, United States

We transform knowledge work through Intelligent Automation.

Artificial Intelligence (AI)Machine LearningNatural Language Processing
SeedFeb 22, 2016
Amount Raised: $120,000
Karmies

Denver, Colorado, United States

Karmies creates emoticons that can be branded and clicked on a user’s smartphone keyboard.

MarketingMessagingMobileMobile Apps
SeedFeb 22, 2016
Nozzle

Lehi, Utah, United States

Nozzle is to offer intelligent marketing automation to small and medium sized businesses.

Business DevelopmentMarketingSocial MediaSoftware
Pre SeedFeb 22, 2016
Amount Raised: $120,000
Leka

Paris, Ile-de-France, France

Leka is a exceptional children lives exceptional lives.

EducationHealth CareRoboticsSoftwareToys
SeedFeb 22, 2016
Amount Raised: $120,000
SpaceView

Portland, Oregon, United States

SpaceView is an interactive design tool that helps you bring the beautiful spaces you imagine to life

Augmented RealityB2BMobile
SeedFeb 22, 2016
Mycroft

Kansas City, Missouri, United States

Mycroft is a developer of an open source voice assistant platform designed to handle operating systems.

Artificial Intelligence (AI)Consumer ElectronicsInternet of ThingsMachine LearningOpen SourceSoftware
SeedFeb 22, 2016
Amount Raised: $120,000
SocialCapital

San Francisco, California, United States

SocialCapital helps employers find the best fit candidate for their company by analyzing their online and social behavior.

AnalyticsBig DataEvent ManagementHuman ResourcesSaaSSocial
SeedFeb 22, 2016
Amount Raised: $20,000
backstitch

Kansas City, Missouri, United States

Backstitch offers an employee experience platform designed for HR and internal communications teams.

AppsB2BEnterprise SoftwareHuman ResourcesMobile AppsUnified CommunicationsWeb Apps
SeedFeb 22, 2016
Amount Raised: $120,000