I  Betaspring

http://www.betaspring.com





     Office Locations:

95 Chestnut, Third Floor
Providence, RI 02903
Phone: 401-400-2382

 

Stages:

  • Seed


 

Industries:

  • Information Technology
  • Software & Internet

  •  

    Description:

    Betaspring is a mentorship-driven, Providence-based startup accelerator program for technology and design entrepreneurs who are ready to build a product and launch a company. The Betaspring program runs twice a year for 12 weeks during both the Spring and Fall. During the first ten weeks, the teams involved will work hard on developing working prototypes from concepts, or on scaling the business if there is already a working model. Each week, teams will meet with advisers that will offer feedback on the concepts, ideas and prototypes, as well as provide valuable insight into how to scale a company, deal with obstacles along the way, and how to manage large scale adoption when it comes. The final two weeks of the program will be spent honing team pitches as participants present to and receive feedback from experienced entrepreneurs and investors. During the Demo Day event, Betaspring teams present their company to investors. Betaspring will also provide teams with a small amount of seed capital (up to $20,000) free legal counsel, incorporation filing, and other legal work necessary to make startups investable at a scale. Additionally, teams have access to Betaspring HQ, a fully-equipped workspace for participants and the other teams to get together to meet, share ideas and work on their companies. Teams that choose to remain in Providence for 12 months after completing the program are eligible for a $50,000 equity investment from the city of Providence. Since 2009, Betaspring has accelerated 57 companies and alumni have raised $20M in follow-on funding.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Allan Tear Co-Founder and Managing Partner
    Bill Cesare Principal
    Melissa Withers Managing Director

     

    Portfolio companies include:


      Accelereach
        web link


      Autobike
        web link


      AutoShag
        web link


      BuildingLayer
        web link


      Catapulter
        web link


      Crunchbutton
        web link


      DataBraid
        web link


      Diavibe
        web link


      DiJiPOP
        web link


      Feed My Future
        web link


      Fitted Fashion
        web link


      GreenGoose
        web link


      Inhabi
        web link


      Jobzle
        web link


      Leotus
        web link


      Manpacks
        web link


      Mosec
        web link


      Nest4Less
        web link


      NuLabel Technologies
        web link


      Periscape
        web link


      Prepmatic
        web link


      Revenizer
        web link


      SensibleSelf
        web link


      Splitwise
        web link


      Sproutel
        web link


      Studyegg
        web link


      TennisHub
        web link


      Thumbs Up
        web link


      Touchbase
        web link


      Tracelytics
        web link


      Translate Abroad
        web link


      Tu.nr
        web link


      Umbie Dental Care
        web link


      Zoko
        web link


     

    Recent News: