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Techstars

Accelerator · Founded 2006 · Active in 2026

Techstars was founded in Boulder in 2006 by David Cohen, Brad Feld, David Brown, and Jared Polis. The firm pioneered the 'mentorship-driven accelerator' format — three-month programs, hand-selected mentors-as-investors, and a global network of city-specific accelerators.

Notable alumni include SendGrid, DigitalOcean, ClassPass, and Outreach. Techstars restructured under new ownership in 2025.

30 Power Law outcomes Power Law Ranking #26 · Global · 30 Power Law outcomes · Active 2026
Unicorns ↑ 18% 5y
26
Decacorns → 0% 5y
1
Thoroughbreds ↑ 92% 5y
26
01 · Exits

Sequoia’s biggest exits.

Sequoia portfolio companies worth $1B+ that have IPO’d or been acquired. Each shows its valuation at exit and, in grey, its current value if still public.

IPO · 1999
Entered SeedNow $5.2T
IPO · 2004
Entered Series ANow $4.6T
IPO · 1980
Now $4.5T
IPO · 2014
Entered Series B+Now $306B
$214B IPO · 2021
Entered Series B+Now $20.1B
IPO · 2012
Entered Series ANow $207B
$82.0B IPO · 2019
Now $153B
IPO · 2012
Entered Series B+Now $103B
$95.0B IPO · 2020
Entered SeedNow $69.1B
$93.9B IPO · 2020
Entered Series B+Now $58.4B
$24.0B IPO · 2018
Entered Series B+Now $73.3B
$39.0B IPO · 2020
Entered Series ANow $67.6B
$32.0B IPO · 2021
Entered Series B+Now $67.5B
$41.5B IPO · 2021
Entered SeedNow $64.4B
$60.0B IPO · 2021
Entered Series B+Now $28.0B
$55.5B IPO · 2026
Entered Series B+Now $55.5B
$52.8B IPO · 2018
Entered Series ANow $49.6B
IPO · 2013
Now $45.0B
IPO · 2015
Entered Series B+Now $39.4B
IPO · 2002
Entered SeedNow $39.1B
$32.0B acquisition · 2025
Entered Seed
$12.0B IPO · 2021
Entered Series B+Now $29.5B
IPO · 2014
Entered Series B+Now $28.6B
IPO · 2015
Entered Series ANow $28.2B
03 · Portfolio analysis

The 30 Techstars Power Law outcomes ($100M+ revenue or $1B+ valuation).

Snapshot of where the outcomes are concentrated by country, sector, and stage entered.

By countryCount
  1. USA30
By sectorCount
  1. Marketing7
  2. Fintech5
  3. Health Tech & Medtech3
  4. eCommerce & Marketplaces3
  5. Edtech3
  6. Energy2
  7. Transportation2
  8. Other B2B Software2
  9. Cybersecurity1
  10. Biotech & Life Sciences1
  11. AI1
By stage enteredCount
  1. Series B+9
  2. Series A1
  3. Seed19
Estimated holdings

Techstars’ biggest current holdings.

An estimate of Techstars’ largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 3 companies where Techstars is a named shareholder, worth about $7M in estimated equity value.

#CompanyEst. stakeValuationEst. value
  1. 1 RaftTransportation · Colt 2.5% $180M $4M
  2. 2 hackajobJobs Recruitment · Colt 1.92% $150M $3M
  3. 3 UbioTravel · Colt 2.22%

Estimated value = Techstars’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. Techstars also appears inside investor groups in Chainalysis, Degreed, Preply, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →

Techstars’ biggest exits.

Techstars portfolio companies worth $1B+ that have IPO’d or been acquired. Each shows its valuation at exit and, in grey, its current value if still public.

$82.0B IPO · 2019
Entered SeedNow $153B
$4.5B IPO · 2021
Entered SeedNow $17.1B
$7.0B IPO · 2021
Entered Series B+Now $3.9B
$6.6B IPO · 2021
Entered Series ANow $1.9B
$652M IPO · 2017
Entered SeedNow $3.0B
$2.3B buyout · 2021
Entered Seed
$1.6B IPO · 2021
Entered SeedNow $30M
$1.0B IPO · 2021
Entered SeedNow $164M
$1.0B acquisition · 2021
Entered Seed
$1.0B acquisition · 2026
Entered Seed
$1.0B acquisition · 2018
Entered Seed
04 · Portfolio market map

Techstars's 30 Power Law outcomes.

Stage entered
Outcome tier
Region
Group by
30 of 30 Power Law outcomes
05 · Power Law comparison

How does Techstars stack up?

Techstars in orange, your selection in blue and other colours. Pick from the global roster of 609 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.

Compare against

Share of new unicorns per year

% of global unicorns minted that year, year by year · hover the chart to see which unicorns
Performance window All-time → 2026

Stage focus

Companies by selected outcome stage

Sector focus

Companies per investor across the 10 highest-volume sectors

Beyond Unicorns — how the portfolio compounds

% of each investor's unicorn portfolio that later crossed $10B, $25B and $50B. Pick a sort tier and entry stage.
Sort by
Entry stage
Source: Dealroom Power Law dataset. Investors shown are the 2026 Power Law top 35 by combined entry-to-outcome score, drawn from the overview and locations_data sheets. Funnel-matrix axes rescale per-axis using the maximum among the currently selected investors, so the polygons always fill the chart for shape comparison.
06 · Portfolio founders

Where Sequoia's portfolio founders come from — and where they studied.

65 founders across the 30 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. Harvard Business School and Alphabet | Google are the deepest single pipelines.

LocationCount
United States36
South Korea6
Denmark3
Israel2
India2
Ecuador2
Sweden2
Austria1
Canada1
Mexico1
View on app →
UniversityCount
Harvard Business School4
Taras Shevchenko National University of Kyiv3
Seoul National University2
Technical University of Denmark2
Imperial College London2
University of Oxford2
Whitworth University2
ArtCenter College of Design2
Pace University2
UCLA2
+26 more →
Origin companyCount
Alphabet | Google9
Microsoft6
Yahoo!3
Amazon3
Mozilla2
Thinkific2
Apple2
CRITEO2
Telenav2
Rocket Internet2
+52 more →
Origin = country a founder is born in or grew up in (founders may have multiple origins; counts include all entries). University = highest-listed degree. Origin company = a previous employer where the founder was tagged before starting their current company.

Market sentiment

What the market is saying about Techstars

An AI-synthesized read of the highest-engagement posts about Techstars on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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

In the news

Latest news about Techstars

Recent press, funding announcements, and portfolio moves mentioning Techstars — pulled live from Dealroom's news feed.

See all news

Want the full picture on Techstars?

The Dealroom platform tracks every round, every co-investor, and every portfolio company in real time — across 25,000+ investors and 3M+ companies globally.