we’re extremely happy with the performance of Startups that were part of the AngelHack HACKcelerator program.
San Francisco, CA (PRWEB) June 30, 2016
Today AngelHack announced the launch of their 2016 HACKcelerator batch and official partnerships with Techstars, Google Launchpad Accelerator, Startup Chile, and Right Side Capital Management.
After spanning the globe for the past six months AngelHack has hosted 61 hackathons to source the top tech talent globally, and is now ready to kick of their sixth cohort. This tech talent represents the top 1% of developers from across the globe. With recent successes such as Atumsoft (raised $250,000 from Brandery), SocialCapital (raised $120,000 from Techstars), and one of the prize recipients from last year’s Global Demo Day, Wrapupp; AngelHack is on a hot streak of producing successful startups. Accelerators such as Techstars, Google Launchpad Accelerator, and Startup Chile will all attend AngelHack’s annual Global Demo Day and accept select teams into their own programs. Additionally, Right Side Capital Management will select one to two teams to receive $25,000 each in seed investment.
Yohei Nakajima, Director of Pipeline at Techstars says, "We’re extremely happy with the performance of Startups that were part of the AngelHack HACKcelerator program. Companies like Appetas (acquired by Google), Airpost.io (acquired by BOX) and Teslio (raised $6.25 million in April 2016) were a part of both AngelHack and Techstars and have shown a tremendous amount of success. Techstars and AngelHack have established a relationship that allows TechStars Managing Directors direct access to AngelHack’s portfolio companies and relevant information such as fundraising status and current traction.”
The 12-week pre-accelerator program provides teams with top-tier mentorship and the opportunity to learn from the industry’s biggest players during weekly speaker sessions. Towards the end of the program, chosen teams will be invited to San Francisco where they will get hands-on pitch training ahead of AngelHack’s annual Global Demo Day in November, 2016. During this final week of the program, these teams will be able to join Google Headquarters in Silicon Valley for a day to get in-person access to Google’s resources such as Google Engineers and mentors as part of Google’s Launchpad Accelerator Program.
“50% of our active companies raise funding and more than 25% are accepted into a later stage accelerator such as Y-Combinator, Techstars and 500 Startups,” says Milan Koch, AngelHack Managing Director, HACKcelerator. “Our portfolio is currently valued at $40 million, which is a lot for a pre-accelerator that focuses on founders with a concept, as opposed to startups that have a live product with notable traction.”
To get involved with the 2016 HACKcelerator batch please contact info(at)angelhack.(dot)com. For any questions on the 2016 HACKcelerator program or AngelHack’s annual Global Demo Day please contact kelsey(at)angelhack(dot)com.
About AngelHack’s HACKcelerator:
AngelHack’s invite-only HACKcelerator program connects ambitious developers with thought leaders and experienced entrepreneurs to help them become more versatile, entrepreneurial and successful. The program is intended to give promising projects built at a hackathon the opportunity to listen and talk to some of the biggest players in the Silicon Valley tech scene on a weekly basis while providing them with the resources to successfully transition their Hackathon project into a viable Startup with early traction. Find out more at: http://angelhack.com/hackcelerator/.
AngelHack is the world’s largest developer ecosystem, helping to drive open innovation of tech products, platforms and brands with extraordinary smarts, scale and speed. Known as pioneers of global hackathons, AngelHack’s more than 100,000 developers, designers, and entrepreneurs in 72 countries compete to build, test and launch new solutions over the course of a weekend. For more than three years AngelHack has partnered with corporate change-makers at Comcast NBCUniversal, Hasbro, IBM, Accenture, Hearst, and Cisco to run themed, global initiatives designed to rapidly prototype ideas while helping them build relationships with the workforce of the future. Find out more at http://www.angelhack.com.