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Techstars Toronto Accelerator

North America, Ontario, Canada, Toronto

Description

Techstars Toronto Accelerator stands as a pivotal component of the global Techstars network, strategically positioned within Canada's vibrant technology hub. This accelerator is dedicated to identifying, nurturing, and scaling early-stage startups across a broad spectrum of industries, leveraging Toronto's dynamic ecosystem. Its core mission is to provide an intensive, structured program that combines critical seed capital with unparalleled access to a vast network of seasoned mentors, industry experts, and potential investors, thereby accelerating the growth trajectory of promising ventures.

The accelerator's program spans an intensive 13-week period, during which participating companies undergo rigorous development and refinement. A key aspect of its offering is the standardized financial investment provided to each accepted startup. Techstars Toronto typically invests an initial $20,000 in exchange for a 6% equity stake in the company. Furthermore, companies have the option to receive an additional $100,000 in the form of an uncapped convertible note, bringing the total potential capital injection from Techstars to $120,000. This consistent investment model ensures that all cohort members receive foundational financial support, allowing them to concentrate on product development and market validation.

Beyond the capital, the program's strength is significantly amplified by its extensive network and mentorship opportunities. Startups gain direct access to over 200 dedicated mentors, comprising successful founders, industry leaders, and venture capitalists, who offer tailored guidance and strategic insights. The program culminates in a highly anticipated Demo Day, where companies present their advancements and business models to a curated audience of investors, often leading to crucial follow-on funding rounds. Techstars Toronto plays a crucial role in bridging local innovation with global opportunities, fostering a thriving community of entrepreneurs, and making substantial contributions to the expansion of the Canadian tech landscape.

Investor Profile

Techstars Toronto Accelerator has backed more than 29 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 14% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Pre Seed, Seed rounds (top funding stages).
  • Majority of deals are located in Canada, Nigeria, United States.
  • Strong thematic focus on Financial Services, Software, FinTech.
  • Typical check size: $20K – $120K.

Stage Focus

  • Pre Seed (93%)
  • Seed (7%)

Country Focus

  • Canada (48%)
  • Nigeria (24%)
  • United States (14%)
  • Rwanda (3%)
  • Ethiopia (3%)
  • South Africa (3%)
  • Ghana (3%)

Industry Focus

  • Financial Services
  • Software
  • Fintech
  • Information Technology
  • Payments
  • Artificial Intelligence (Ai)
  • Credit
  • Finance
  • Banking
  • Impact Investing
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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 Techstars Toronto Accelerator frequently co-invest with?

Techstars
North America, Colorado, United States, Boulder
Co-Investments: 22
Ajim Capital
North America, Texas, United States, Austin
Co-Investments: 1
Kaleo Ventures
North America, Texas, United States, Dallas
Co-Investments: 3
Ventures Platform
North America, Prince Edward Island, Canada, Victoria
Co-Investments: 2
H
Europe, Dublin, Ireland, Dublin
Co-Investments: 1
EXPERT DOJO
North America, California, United States, Santa Monica
Co-Investments: 2
54 Collective
Africa, NA - South Africa, South Africa, Johannesburg
Co-Investments: 2
African Co-Investment Syndicate
Europe, England, United Kingdom, London
Co-Investments: 1
Reflect Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
Voltron Capital
Africa, Lagos, Nigeria, Lagos
Co-Investments: 2

Which angels does Techstars Toronto Accelerator often collaborate with?

Luke Vigent
North America, Ontario, Canada, Toronto
Shared Deals: 1
Odunayo Eweniyi
Africa, Lagos, Nigeria, Lagos
Shared Deals: 1
RK
Europe, Ile-de-France, France, Paris
Shared Deals: 1
OO
North America, Florida, United States, Miami
Shared Deals: 1
Adam Flynn
Oceania, Auckland, New Zealand, Auckland
Shared Deals: 1
Haroon F. Mirza
North America, Ontario, Canada, Toronto
Shared Deals: 1
Brice Scheschuk
North America, Ontario, Canada, Toronto
Shared Deals: 1
John Maier
North America, Ontario, Canada
Shared Deals: 1
Seni Sulyman
Africa, Lagos, Nigeria, Lagos
Shared Deals: 1
John Laban
North America, Ontario, Canada, Toronto
Shared Deals: 1

What are some of recent deals done by Techstars Toronto Accelerator?

Renda

Ikeja, Lagos, Nigeria

Renda is to streamline and make the order fulfilment and retail distribution process easier for e-commerce enterprises.

LogisticsSupply Chain ManagementTransportation
Pre SeedMay 2, 2024
Amount Raised: $1,300,000
Brysk

Wilmington, Delaware, United States

Brysk is an autonomous checkout technology platform for retail

Artificial Intelligence (AI)Enterprise SoftwareInformation TechnologyInternet of ThingsRetail TechnologySoftware
Pre SeedSep 22, 2023
Amount Raised: $120,000
Omnee

Saskatoon, Saskatchewan, Canada

Personal Property Management

Home ImprovementHome ServicesInformation TechnologyProperty ManagementReal Estate
Pre SeedSep 22, 2023
Amount Raised: $120,000
Hulugram

Addis Ababa, Adis Abeba, Ethiopia

Hulugram helps to make Digital Transformation by providing a super application.

AppsInformation TechnologySocial
Pre SeedAug 30, 2023
Amount Raised: $120,000
Ladder

Accra, Greater Accra, Ghana

Ladder offers an integrated personal finance experience to users to help them grow their wealth exponentially.

FinanceFinancial ServicesFinTech
Pre SeedJul 31, 2023
Amount Raised: $20,000
CatalyzU

Cape Town, NA - South Africa, South Africa

CatalyzU is a tech-enabled ecosystem that uses data and the community to help people find work, and advance their skills.

ConsultingInformation Technology
Pre SeedJul 27, 2023
Amount Raised: $120,000
Asepha

Toronto, Ontario, Canada

AI clinical tools to enable automation and personalization in pharmacies.

Artificial Intelligence (AI)Health CareHospitalPharmaceutical
Pre SeedJul 25, 2023
APX Lending

Toronto, Ontario, Canada

APX Lending provides compliant, safe and secure lending solutions.

BlockchainLendingSaaS
Pre SeedJul 24, 2023
Amount Raised: $120,000
MyCover.ai

Lekki, Lagos, Nigeria

An open insurance API that enables businesses embed insurance into their existing products & services.

InsuranceInsurTech
Pre SeedJul 19, 2023
Amount Raised: $1,250,000
ENGAIZ

Toronto, Ontario, Canada

Integrated cyber risk intelligence, assessment, monitoring and compliance platform to help organizations mitigate digital risk.

AnalyticsArtificial Intelligence (AI)ComplianceCyber SecurityInsurancePrivacySaaSSoftware
Pre SeedJul 19, 2023
Amount Raised: $120,000