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Fast Forward

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Accelerator for technology-based nonprofit organizations

Seoul, South KoreaFounded 2019
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Fast Forward and the history behind them.

About Fast Forward

Fast Forward is a non-profit organization that operates as an accelerator for technology-focused non-profits. Founded in 2014 by Kevin Barenblat and Shannon Farley, it was the first accelerator established exclusively for this sector, and the organization is credited with coining the term "tech nonprofit". Fast Forward's mission is to provide funding, mentorship, and strategic partnerships to empower entrepreneurs who are leveraging technology to address significant social and humanitarian challenges.

The co-founders brought complementary expertise to the venture. Kevin Barenblat has a background in engineering from Stanford, an MBA from Harvard Business School, and experience at both startups and large technology companies before focusing on social impact. Shannon Farley's career includes leading philanthropic communities and working on racial equity in juvenile justice systems after studying at Georgetown University and the London School of Economics. They established Fast Forward to bridge the gap between the technology sector and the non-profit world, creating a support system for founders building tech for social good.

The organization's primary offering is its Startup Accelerator program, a three-month boot camp that provides participants with an unrestricted grant, a tailored curriculum, and mentorship from leaders in the tech and social impact sectors. Upon completion, startups present at a Demo Day to a network of funders and partners. Fast Forward operates as a 501(c)(3) non-profit, receiving financial backing from philanthropic partners and corporations such as Google.org, BlackRock, Salesforce, and the HPE Foundation. To date, its portfolio of over 100 supported organizations has collectively impacted more than 262 million people and secured over $1 billion in subsequent funding.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Seoul, South Korea
Employees
3
Open positions
None listed
Dealroom signal
54.8/100
Investment activity
1 company, latest Apr 2022
Capital deployed
$1M
Preferred round
SEED

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Aug 2024 $8.7M $35M Nudge Health Care ↗
SEED✓Equity / VC Mar 2022 $6.7M $27M Spring Camp · Stonebridge · Korea Investment Partners · Hana Ventures ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Fast Forward website traffic

Latest recorded traffic for Fast Forward is 1.3M monthly website visits, down 23.5% over the last three months. Fast Forward's team grew 0% over the past year.

Latest monthly visits1.3M 3-month web change-23.5% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • Korea Investment Partners
  • Springcamp
  • Spring Camp
  • Stonebridge
  • Hana Ventures

Series A1 investor entered at this stage

  • Nudge Health Care

Other known investors1 additional known investor

  • Nebraska Angel Network
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇰🇷 South Korea100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Fast Forward on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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