UpTech Accelerator
Description
UpTech Accelerator, based in Covington, Kentucky, is a nationally recognized accelerator program specifically designed for data-driven startups. Since its inception in 2012, UpTech has focused on identifying and nurturing early-stage companies that are developing tech-enabled solutions. The program aims to provide a robust environment for these startups to grow, refine their business models, and prepare for subsequent funding rounds. Its strategic location in the Greater Cincinnati/Northern Kentucky region positions it within a growing tech ecosystem, attracting innovators from across the country.
The core of UpTech's offering is a comprehensive 16-week accelerator program. During this intensive period, participating startups receive hands-on mentorship from experienced entrepreneurs, industry experts, and venture capitalists. Beyond guidance, UpTech provides access to a collaborative workspace, fostering an environment of peer learning and networking. The program is structured to help founders validate their products, develop their go-to-market strategies, and build scalable businesses, culminating in a demo day where they present to potential investors.
UpTech Accelerator employs an equity funding model, providing a significant initial investment to selected startups. Each company accepted into the program receives a first check of $100,000 in exchange for equity. This early-stage capital is crucial for startups to cover operational costs, develop their technology, and expand their teams. Over its operational history, UpTech has demonstrated a commitment to fostering innovation, having invested in over 65 companies since its founding. This consistent support has contributed to the growth of numerous data-driven ventures, many of which have gone on to raise follow-on funding and achieve significant milestones.
Investor Profile
UpTech Accelerator has backed more than 79 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 1% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Convertible Note rounds (top funding stages).
- Majority of deals are located in United States, India.
- Strong thematic focus on Mobile, Software, E-Commerce.
- Typical check size: $100K.
Stage Focus
- Seed (82%)
- Pre Seed (9%)
- Convertible Note (6%)
- Non Equity Assistance (1%)
- Series Unknown (1%)
Country Focus
- United States (96%)
- India (4%)
Industry Focus
- Mobile
- Software
- E-commerce
- Apps
- Internet
- News
- Analytics
- Events
- Education
- Video
Frequently Asked Questions
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