Around the mid-1970s a man rolled a pair of snow ties into a Nordstrom department store in Fairbanks Alaska and demanded a refund from the clerk. Nordstrom did not sell tires, and never did. The clerk, who had been working there for 2 weeks, saw the price tag on the side of the tires, reached into the cash register, and handed the man $145. Whether it was the 70s or 80s, two tires or four tires, fact or fiction, this story has been used to exemplify Nordstrom’s commitment to customer service. Doug Landis used the famed Nordstrom narrative to demonstrate
In 2014, Acceleprise backed our first 7 founders. In 2019, we surpassed 100 investments in an exceptional group of people known as the Acceleprise portfolio founders. Looking back on those 100 decisions, we learned quite a bit. I outlined a few of those lessons for the early and aspiring founders. Focus on sales and customer conversations early and often. We’ve heard too many teams say they wish they’d started selling sooner. Don’t put too many eggs in one or two baskets. Large corporates and their big contracts can be enticing but those deals always take longer than you think to
Sure, technology can help heat up your metrics, but only talent can sell your brand like hot cakes. In the ever-shifting market, talent spells the difference between sales organizations that are well-positioned to win the future and those that struggle just to survive the challenges of the present. As customer centricity, account-based selling, and artificial intelligence redraw the contours of business, talent will become more crucial to keeping pipelines full, flowing, and fruitful. If your organization lacks the will to attract, recruit, and retain excellent sales professionals, then you are just exerting futile efforts at postponing failure to a
We came, we saw, and we’re conquering! Acceleprise wraps Cohort 1 in New York City. In March, Acceleprise kicked off our first program outside of San Francisco, here in New York City. We backed 6 companies in our inaugural cohort who span a wide range of industries including cryptocurrency mining, sales intelligence tools, AI enabled surveying software, executive coaching as a service, student lending, and corporate real estate portfolio intelligence and management. We searched far and wide for exceptional founders building valuable and often, disruptive businesses. We planned to make noise in the concrete jungle and we did just that.
To our founders, investors, mentors, advisors, and everyone in between, we’re closing out 2017 with a bang! This past year was one marked by incredible growth for Acceleprise and more importantly, our portfolio companies. As many of you know, we welcomed and graduated Cohort 6 and Cohort 7 in San Francisco, closed our 2nd fund, expanded to NYC (shout out to Work-Bench!) and Melbourne, and added Whitney, Nina, Rohit, Adir, and Matt to the Acceleprise family. Since launching almost 4 years ago, our portfolio has raised over $60M in follow on funding and created 250 new jobs, with companies spanning across
The B2B SaaS focused accelerator takes on $7M to further support SaaS startups globally NEW YORK, NY — December 6, 2017 — Acceleprise, the B2B SaaS focused accelerator based in San Francisco, has raised $7M for their 2nd fund and is expanding to New York City and Melbourne. Applications for all three locations are now open. To support the New York and Melbourne expansion, Acceleprise has added a new Advisory Board member from each ecosystem. Matt Straz, CEO of Namely, will be joining in NYC and Adir Shiffman, Executive Chairman of Catapult Sports, in Melbourne. Both have successfully built large
We have a lot to be thankful for this holiday season! Starting with our growing roster of founders and mentors and ending with the expansion of Acceleprise in both New York City and Melbourne. Over the last 4 years we’ve built a thriving and successful community of founders, mentors, and advisors in San Francisco. Now we’re ready to take Acceleprise to the east coast and beyond. Today, we’re excited to open applications for both New York City and Melbourne, which will close on February 11th. If you’re a B2B SaaS founder in the early stages of building your company and
Announcing our 7th San Francisco Cohort! We are excited to announce the ten companies in our 7th San Francisco Cohort, which started in July and will culminate with our Demo Day on November 2nd in San Francisco (you can watch the past Demo Day here). The companies of our 7th Cohort span across eCommerce, HR tools, hospitality, fintech, marketplaces, deep learning, and more. Additionally, we are excited to officially announce that we have added Whitney Sales as a new General Partner in our 2nd fund and Program Director for Acceleprise. Prior to joining the team, Whitney was a 4x VP