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TechSquare Labs

North America, Georgia, United States, Atlanta

Description

TechSquare Labs is a prominent Atlanta-based venture fund and startup studio, distinguished by its "Build, Scale, Fund" model. Unlike traditional VCs, TechSquare Labs often takes a hands-on approach, actively participating in the creation and development of early-stage technology companies. This unique methodology involves co-founding ventures, providing operational support, and leveraging their extensive network within the Atlanta tech ecosystem, particularly with Georgia Tech. Their focus is primarily on pre-seed and seed-stage companies, though they also participate in Series A rounds for their portfolio companies.

The firm typically deploys initial capital ranging from $250,000 to $1,000,000 for its first checks, targeting high-growth technology startups. This seed funding is often accompanied by the strategic guidance and resources necessary for rapid scaling. TechSquare Labs has demonstrated significant capacity, having raised a $25 million fund in 2017 and subsequently targeting a $50 million second fund around 2021, underscoring their commitment to long-term support for their portfolio.

Beyond capital, TechSquare Labs provides a robust support infrastructure, including a 15,000 square foot coworking and corporate innovation space. This physical hub fosters collaboration and provides startups with essential resources and a conducive environment for growth. To date, TechSquare Labs boasts an impressive track record, having built and funded over 100 companies, contributing significantly to the vibrancy and expansion of the Southeast's technology landscape. Their integrated approach of incubation, strategic partnership, and capital investment positions them as a key player in the early-stage venture capital scene.

Investor Profile

TechSquare Labs has backed more than 36 startups, with 0 new investments in the last 12 months alone. The firm has led 6 rounds, about 17% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, Machine Learning, Analytics.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (64%)
  • Pre Seed (14%)
  • Series A (11%)
  • Convertible Note (6%)
  • Series Unknown (3%)
  • Series C (3%)

Country Focus

  • United States (100%)

Industry Focus

  • Software
  • Machine Learning
  • Analytics
  • Artificial Intelligence (Ai)
  • Enterprise Software
  • Saas
  • Robotics
  • Cyber Security
  • Big Data
  • Home And Garden
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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 TechSquare Labs frequently co-invest with?

BIP Capital
North America, Georgia, United States, Atlanta
Co-Investments: 2
Forté Ventures
North America, Georgia, United States, Atlanta
Co-Investments: 2
LAUNCH
North America, California, United States, San Francisco
Co-Investments: 3
TTV Capital
North America, Georgia, United States, Atlanta
Co-Investments: 3
Atlanta Ventures
North America, Georgia, United States, Atlanta
Co-Investments: 3
Webb Investment Network
North America, California, United States, San Francisco
Co-Investments: 2
Engage
North America, Georgia, United States, Atlanta
Co-Investments: 2
GRA Venture Fund
North America, Georgia, United States, Atlanta
Co-Investments: 4
Social Capital
North America, California, United States, Menlo Park
Co-Investments: 2
Mosley Ventures
North America, Georgia, United States, Atlanta
Co-Investments: 3

Which angels does TechSquare Labs often collaborate with?

Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 1
Shared Deals: 1
MR
North America, Virginia, United States, Arlington
Shared Deals: 1
AG
North America, Georgia, United States, Atlanta
Shared Deals: 1
GP
North America, California, United States, Los Angeles
Shared Deals: 1
Derrick Morgan
North America, Tennessee, United States, Nashville
Shared Deals: 1
Shared Deals: 1
PJ
North America, Georgia, United States, Atlanta
Shared Deals: 1
SM
North America, Georgia, United States, Atlanta
Shared Deals: 1
GD
North America, California, United States, Los Angeles
Shared Deals: 1

What are some of recent deals done by TechSquare Labs?

Greenzie

Atlanta, Georgia, United States

Greenzie develops software for autonomous robotic lawn mowers to reduce the labor costs of lawn maintenance.

Home and GardenRoboticsSoftware
Series UnknownSep 21, 2021
Amount Raised: $4,000,000
BurnRate

Tallahassee, Florida, United States

BurnRate combines Revenue, Headcount, & Demand planning into a single source of clarity for optimizing Marketing, Sales, & Customer Success.

Business DevelopmentInformation ServicesMarketingSales
Pre SeedJul 1, 2021
Amount Raised: $800,000
Greenzie

Atlanta, Georgia, United States

Greenzie develops software for autonomous robotic lawn mowers to reduce the labor costs of lawn maintenance.

Home and GardenRoboticsSoftware
SeedDec 7, 2020
Amount Raised: $1,500,000
Codoxo

Duluth, Georgia, United States

Codoxo is an AI-assisted platform for the healthcare sector.

AnalyticsArtificial Intelligence (AI)Fraud DetectionHealth CareHealth InsuranceInsurTechMachine LearningSoftware
Series AJul 2, 2020
Amount Raised: $7,000,000
Greenzie

Atlanta, Georgia, United States

Greenzie develops software for autonomous robotic lawn mowers to reduce the labor costs of lawn maintenance.

Home and GardenRoboticsSoftware
SeedFeb 21, 2020
Amount Raised: $750,000
Greenzie

Atlanta, Georgia, United States

Greenzie develops software for autonomous robotic lawn mowers to reduce the labor costs of lawn maintenance.

Home and GardenRoboticsSoftware
SeedJun 6, 2019
Amount Raised: $500,000
Career Karma

San Francisco, California, United States

Career Karma helps people find career advice and job training to navigate their careers.

Career PlanningSocial NetworkTraining
Pre SeedMar 18, 2019
Amount Raised: $437,500
Ox

Bentonville, Arkansas, United States

Ox is an enterprise software provider that develops human-centered automation systems across the supply chain.

Artificial Intelligence (AI)Enterprise SoftwareIndustrial AutomationRetail TechnologySoftwareSupply Chain Management
Pre SeedJan 1, 2019
Amount Raised: $100,000
Covetool

Atlanta, Georgia, United States

Covetool is a B2B SaaS company that helps make buildings energy efficient while saving on construction cost.

EnergyEnterprise SoftwareMachine LearningRenewable EnergySaaSSoftware
SeedDec 4, 2018
Amount Raised: $800,000
Springbot

Atlanta, Georgia, United States

Springbot enables growing eCommerce businesses to manage their email marketing and paid advertising in a single platform.

Ad RetargetingAnalyticsBig DataE-CommerceEmail MarketingMarketing AutomationSaaSSocial Media Marketing
Series COct 16, 2018
Amount Raised: $15,000,000