We are happy to announce the 8 companies of our 5th Cohort, who span a number of exciting verticals and high growth areas. We welcome these companies from California, NYC, London, Manila, and elsewhere – our most geographically diverse group to date. They will spend the next few months hustling, iterating, and growing their businesses with Acceleprise. We are excited to be working closely with all of them! For those who missed the Cohort 4 Demo Day, you can watch recordings of their presentations here. If you would like to get in touch with any of the companies, reach out to
The size of seed rounds are growing as seen in Mattermark’s recent investment report, which has brought on the rise of pre-seed funds looking to be the first money in to a startup before they raise a $2M+ seed round. Many people have written about this recently, including Manu Kumar from K9 Ventures in his post ‘The New Venture Landscape‘ and Ezra Galston from Foundation Capital in his post ‘A Pre-Seed Primer.‘ Below is a list of pre-seed funds that appear to invest in SaaS companies (among other areas). It’s a work in progress, so please add a comment or ping us
Today we announced the close of our first fund in San Francisco on TechCrunch. We are also very excited to announce the 10 companies that are part of our 2nd cohort here in San Francisco. We have spent the last 3+ months working closely with all of them and are impressed with what they are building. The companies below will present as part of our Demo Day on May 18th, 2015. Accredited investors interested in attending can email us at mike at acceleprisesf dot com. AdHusky provides an automated Facebook ad solution for SMB’s via partnerships with Eventbrite, Yahoo, WIX and more.
You just hired a sales executive. Do you recommend early stage SaaS companies hire a more junior or senior sales person as their first sales hire? I think this really depends on a couple of things: 1.The sophistication and price of your product 2.The type of buyer and company you’re going after For example, we’re selling a complex product that solves complex business problems, specifically for larger enterprise companies, with deals ranging anywhere between $40k-$250k ARR. Those kinds of deals typically need someone who understands the ups and downs of 90-120 day (or more) enterprise sales cycle, can navigate challenging
As we continue to build our community of early stage SaaS startups, it became apparent that having a hands on internal resource to not only help build out scalable and repeatable sales processes but also execute on those plans for our portfolio companies would be valuable. With that said, I am excited to bring on Ben Mones as the first ‘Sales in Residence’ at Acceleprise. Ben brings 3+ years of SaaS sales experience across both SMB’s and large enterprises. Ben will be in our office working side by side with our companies to help build their revenue engines and
Time flies when you’re having fun and the last 4 months flew by! Our first cohort in San Francisco kicked off in August and the companies have been working relentlessly over the last 4 months to build their businesses. We are excited about the progress they have made and look forward to showcasing them on 12/1 at 6pm at Salesforce’s Rincon Center office. Seven companies will be pitching at Demo Day and all of them will likely be raising money over the next few months. If you are interested in attending the demo day but have not received an invitation,
In August, eight companies started our first four month program in San Francisco. The program is focused on giving them access to content, mentors, investors and potential customers to help them scale their business. Programming during the four months will focus on topics such as UX/Design, sales, distribution, customer acquisition, public relations, hiring and fundraising, among others. In addition to bringing in mentors and speakers on these topics, Acceleprise has partnered with companies like General Assembly and Momentum Design Lab to teach and consult on UX/Design; Sales4Startups for sales training; and Speakeasy Strategies for PR support. “We are excited to be
Class 5 starts today here at Acceleprise Venture Capital and we thought we would take a brief moment to introduce you to our venture class.