The 12 Techstars NYC Winter 2015 Startups – Sorted By The Growth Score

Published on in Accelerator, Venture Capital by

techstars

Just recently, 12 startups graduated from the 6th Techstars NYC batch.

The companies made up Techstars most tech-focused and international group ever. At Mattermark, we’ve tracked the startups with our business intelligence platform.

The list below is sorted by our Growth Score. The Growth Score is calculated with Mattermark’s Mindshare Score, which quantifies metrics from app downloads, social media traction, website traffic and press mentions, in addition to number of employees and capital raised over time.

To see more about the batch’s companies, sign in or sign up for a free trial.

We ranked all 12 of these remarkable Techstars companies by Growth Score:

  • Spoon University, is an online food publication, powered by a network of food-oriented student communities on college campuses nationwide. Mattermark Growth Score: 1194.
  • Keymetrics, offers a real-time platform for managing and monitoring NodeJS applications. Mattermark Growth Score: 924.
  • DataCampis an online data science school that offers hands-on courses using video lessons and interactive coding challenges. Mattermark Growth Score: 858.
  • Stream, enables developers to build scalable newsfeed and activity streams. Mattermark Growth Score: 555.
  • Stefan’s Head, is the first text-message driven retail brand. Mattermark Growth Score:537.
  • BentoBox, offers restaurants a platform to manage mobile-first websites, marketing and operations. Mattermark Growth Score: 460.
  • Localize, offers localization as a service, and helps translate your website with one line of code. Mattermark Growth Score: 424.
  • Pilot, delivers 1,000Mbps fiber-optic internet with no contracts and a 100% uptime guarantee. Mattermark Growth Score: 373.
  • IrisVR, builds software to share, edit, and visualize 3D models in virtual reality. Mattermark Growth Score: 341.
  • UniqueSound, is a platform for composers and sound creatives to showcase their work and get hired. Mattermark Growth Score: 222.
  • Cartesian Co, enables rapid electronics prototyping with their desktop 3D printer for circuit boards. Mattermark Growth Score: 152.
  • LSQ, is a platform for developing and deploying microservices. Mattermark Growth Score: 24.

Did you know that you can use Mattermark to search for companies based on accelerator programs? Simply sign up for a free trial and use our Advanced Search and Filters to sort, track, and compare companies from accelerator programs like Techstars, Y Combinator, Wearable World, 500 Startups, Acceleprise, and more.

If you know of an upcoming accelerator demo day and would like us to publish a post similar to this with the goal of conveying the growth of each company, feel free to email us at Editor@Mattermark.com. You can also tweet at us at @Mattermark.

If you work for an accelerator program and want to ensure data and portfolio quality within Mattermark, please email Data@Mattermark.com.

(photo courtesy of Wired)

$1,401,700,000 Raised on May 6 2015 by 17 Startups

Published on in Venture Capital by

cash cat

What a day yesterday was.

On May 6th, 2015, the high watermark for this era was set.

In just 24 hours, 17 Startups announced $1,401,700,000 in venture capital funding raised.

Let that sink in for a moment. In all of Q1 2015, startups raised $18.2B total.

Let’s take a look at the companies who raised rounds, then we’ll dive into the numbers to see what it could mean.

The companies behind the massive day

Yesterday’s companies that announced funding are a diverse bunch.

Ranging from industries like Enterprise Software Health Insurance to Drones and Mobile Payments and many in between, they span a wide variety of industries.

The startups also hail from countries all over the world. They call countries like the US, Ireland, China, India, Israel, and Sweden home.

Here they are:

  1. Zenefits, $500 million Series C
  2. Affirm, $275 million Series C
  3. Adaptive Biotech, $195 million Series F
  4. eDaijia, $100 million Series D
  5. Delhivery, $85 million Series D
  6. DJI, $75 million Series B
  7. Symbiomix Therapeutics, $41 million Series A
  8. Cybereason, $25 million Series B
  9. Cubic Telecom, $20.4 million Venture round
  10. Chartbeat, $15.5 million Series C
  11. Wrike, $15 million Series B
  12. Microf, $12.3 million Venture round
  13. SessionM, $12 million Series C
  14. 908 Devices, $11.6 million Series C
  15. Digit, $11.3 million Series A
  16. Automile, $5 million Series A
  17. Omise, $2.6 million Series A

Competition driving upward pricing pressure

In our Q1 2015 Startup Funding Report from April, we observed competition over the hottest companies from a number of venture firms driving prices and average round sizes upwards.

One could consider yesterday’s massive fundraising another piece of evidence pointing in that direction. Average deal sizes were higher across the board at all stages of funding.

Even if deal volumes decrease in Q2 2015 the way they did last quarter, average round sizes may continue to rise as competition amongst venture firms remains high.

Stage
Average Deal Size (Q1 2015)
Average Deal Size (Tuesday, May 6th, 2015)
Series A
$8.1 million
$15.0 million
Series B
$18.1 million
$38.3 million
Series C
$24.6 million
$162.8 million
Late
$65.2 million
$82.5 million

The unstoppable unicorn

We would be remiss not to mention Zenefits, now valued at $4.5 billion.

Of the $1.4+ Billion raised yesterday, Zenefits’ massive $500 million Series C accounts for roughly 35.7% of it.

This most recent round brings Zenefits’ total funding to $583,600,000. The only company to raise more than $500 million by its Series C?

Dropbox.

Congratulations on joining the club, Zenefits. You are now officially a unicorn.

 

Brokers, is this how you find startups to pursue?

Published on in real estate, Venture Capital by

needle in a haystack

You might miss out on all the fastest growing tech companies.

It’s that simple.

If you wait until news of a startup’s success is public, it’s just too late.

Many of our friends in commercial real estate use tactics that take too long when searching for startups. The difference between closing business with a high-growth company, or missing out, can be decided by just a few hours.

Are you doing the same thing as other brokers, or are you ready to differentiate yourself?

Commercial real estate prospecting today

If you are “ahead of the game”, your attack is multi-pronged.

You keep current with TechCrunch news, find shared connections on LinkedIn, and maybe even use AngelList to see who’s hiring. Sometimes you’ll get lucky and have a friend email you to keep an eye on a hot startup.

With all this information in hand, you might go to CoStar next to check on a company’s leasing situation. After you print out a list of potential prospects, it’s time to hit the phones and make a few cold calls. They won’t be willing to chat for long.

All of this prospecting takes too much time. How much money could you have made last year if you could have saved reaching out to uninteresting companies?Imagine if you knew exactly which ones were worth spending more of your time pursuing. Imagine if they all came to you.

Download the PDF: 34 Startups That Will Need Office Space Soon

It’s time to talk about becoming a broker with a constant referral basis. There’s one thing you need to do, above all else, to generate warm referrals of technology companies.

Prospecting done right

launch festival

Launch Festival

Most startup founders can spot a pretender from miles away.

A busy CEO or COO of a small company is doing so many jobs at once that she can’t afford to waste time with a broker who hasn’t done his due diligence.

There’s no better way of doing this than by becoming an authentic member of the startup community. Attending a tech meetup once in a while isn’t enough. At that point, you’re still an outsider.

You need to be relevant to entrepreneurs in their world, not yours. Try hosting conferences for founders to meet each other in person. The conferences shouldn’t have anything to do with real estate. They should be focused on bringing quality founders together in one place, to facilitate valuable professional friendships.

startup grind

Startup Grind Meetup

When you’re trying to win a founder’s business, she will ask herself, “what has this broker done for me?” If she is able to think back to a conference where she networked with other entrepreneurs, she’ll be more likely to go with you. That’s how you become a valuable member of the community.

More importantly, you need to speak the language of founders. Who are their investors? How much funding do they have? What new products or features have they launched recently? What competitors are in their space? These are all questions you should have answers to.

These answers will differentiate you from all other brokers, and show any prospective tenants how serious you are about the startup ecosystem. Don’t just magically appear when they start making money.

If you are able to differentiate yourself from other brokers in this way, life is about to get a lot better.

The payoff

Referrals are king.

In a relationship-based industry like commercial real estate, warm introductions from friends and connections can make or break a career. You already know that!

If you’re able to position yourself as *the* startup broker in your city, you won’t have to worry about prospecting for smaller tenants. You’ll be able to generate a constant stream of small inbound deals. You’ll never have to worry again about not paying off your draw.

Download the PDF: 34 Startups That Will Need Office Space Soon

mixpanel officeThe best part of startups is how quickly they can grow in just a few years. With a steady flow of small companies, you won’t have to worry about hunting whales. If you were a member of the startup ecosystem, maybe a friend in the community would have referred you to Mixpanel.

In just 3 years, they leased 3 offices. Their first was 1800 square feet. Their second was 17,000 square feet. Their third? 60,000 square feet.

More companies like that can be your’s if you just make a few small tweaks to your prospecting tactics.

Download the PDF: 34 Startups That Will Need Office Space Soon

Image Credits: Fineartamerica, TurnStyle, Startup GrindGlassdoor