Tech

How Successful Is TechStars Really?

By Alyson Shontell
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brad feld caption
Brad Feld, entrepreneur and Boulder resident, is cofounder of TechStars. 

TechStars is a three-month program for startups that's harder to get into than an ivy league school.

While we were impressed by the companies at TechStars NYC Demo Day last month, we wondered how successful the program really was.

How many startups get funded? How many startups succeed, and how many fail?

We collected data from all seven TechStars events (excluding NYC, which was too recent to secure accurate data) and found that the program really is a huge success.

Sixty-five startups have gone through the program; only four have failed. Combined, the startups have raised more than $40 million dollars.

Check out 9 slides that show how successful the TechStars program really is >>

NOTE: The following charts were made with data from Crunchbase. If the companies have not recently updated their data, the amounts may not be completely current -- but they're close.

There have been 7 TechStar classes, excluding NYC. Let's see how each class has done…

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Techstars

The startups from the Boulder 2007 class have raised a combined $5,285,000. 2 have failed, 5 were acquired, and 3 are still active.

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Techstars

The startups from Boulder 2008 have raised a combined $9,265,000. 1 failed, 1 was acquired, and the rest (7) are still active.

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Techstars

The startups from Boston 2009 raised a combined $2,063,000. None of them failed, 1 (Sensobi) has been acquired, and the rest are still active.

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Techstars

The startups from Boulder 2009 raised a combined $12,896,000. None have failed; all are still active.

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Techstars

The startups from Boston 2010 raised a combined $1,279,000. 1 failed; the rest (8) are still active.

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Techstars

The startups from Boulder 2010 raised a combined $8,903,042. All are still active.

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Techstars

The startups from Seattle 2010 raised a combined $418,000. Only two of the companies are funded, although all are still active.

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Techstars

Across the board, TechStars has had exception success with a fail rate of just 6.15%.

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Techstars

Miss TechStars NYC? Here's what you need to know:

Melanie Moore, CEO of ToVieFor
Melanie Moore, CEO of ToVieFor

The 11 NYC TechStars Startups You Need To Know About >>

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Alyson Shontell Business Insider
Alyson Shontell
Alyson is the Editor-in-Chief and CCO at Fortune.  She was previously a co Editor-in-Chief overseeing Business Insider's tech and business coverage.She joined Business Insider in July 2008 as the company's sixth employee. She started as a sales planner before joining the editorial team in 2010, where she became a startup reporter and was first to cover some of today's largest tech companies, including Pinterest, Tinder, Instagram, Uber and Snap. Alyson rose to become a senior correspondent, then Executive Editor.She was appointed Editor-in-Chief of Business Insider in 2016, at which point she became the youngest and only woman to run a global business publication. Under her leadership, the business division has grown to hundreds of  millions of monthly readers.Alyson was a host of  Insider's conferences and launched a podcast, "Success! How I Did It," where she interviewed influencers ranging from Sheryl Sandberg to Steve Ballmer about their career paths (subscribe on iTunes here).She has appeared on ABC, Good Morning America, Al Jazeera, MSNBC, CNBC, CNN, and CBC, and she has interviewed media personalities such as Megyn Kelly, technology leaders like Fred Wilson, political leaders like John Brennan, and sports star LeBron James. She is a judge for the prestigious Gerald Loeb Awards in business journalism, and has been named one of Min's Rising Stars in Media, as well as Folio's 2017 Top Women in Media.She graduated from Syracuse University's Newhouse School of Public Communications, where she majored in psychology and advertising.You can read some of her investigative articles here:— Leaked videos reveal the true founding story of Snapchat— The founder who dumped Jared Kushner: Inside the phone call that left the White House star in a fit of rage— The downfall of billion-dollar startup, Fab— How a startup that raised the largest seed round in Silicon Valley history blew itself up before it even launched— The dark side of Facebook, where people lie, cheat, and make millions— A profile of Uber's controversial CEO, Travis Kalanick— The mystery of Jody Sherman, a founder who was driven to suicide and left behind a shocking business disasterDisclosure: Alyson owns bitcoin and Snap. She is also an investor in The Spun, a sports-media startup founded by her husband.
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