otherRIA · CRD 162948SEC-RegisteredPrivate Fund Adviser

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Techstars

Tech Stars is an SEC-registered investment adviser in New York, NY, registered since 2012. It advises clients on investment strategies. The firm is...

Techstars

Tech Stars is an SEC-registered investment adviser in New York, NY, registered since 2012. It advises clients on investment strategies. The firm is headquartered in New York.

General information

Firm type

Venture Accelerator

Year founded

2006

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Additional offices

Boston, MA, United States · San Francisco, CA, United States · Toronto, ON, Canada

Principals

David Cohen

Co-Founder

Brad Feld

Co-Founder

Jared Siegler

Interim CEO (as of late 2024)

Maud van den Akker

CEO (stepped down 2024)

Sector focus

Enterprise SoftwareAI/MLDigital HealthFinTechClimateTechCybersecurityPropTech

Frequently asked questions

Who runs investment decisions at Techstars?

As of early 2025, investment decisions are managed by program directors for each city-specific cohort, with oversight from the interim CEO Jared Siegler and the executive team. Co-founders David Cohen and Brad Feld remain involved as board members and advisors.

How does Techstars source proprietary deal flow?

Techstars sources deal flow primarily through its open application process and corporate partner network. The firm receives thousands of applications per cycle and selects a small percentage via a rigorous review by mentors and staff. Corporate partners like Amazon and Google often provide referrals.

Is Techstars structured as a family office or a venture firm?

Techstars is a for-profit accelerator and venture fund, not a family office. It operates with a fund-of-funds structure, raising capital from institutional investors and corporations for specific program funds. The co-founders' personal wealth is not disclosed as managed through Techstars.

Does Techstars participate in fund commitments or only direct deals?

Techstars primarily makes direct equity investments in startups through its accelerator programs. It does not generally make LP commitments to external funds. The firm also operates the Techstars Ventures arm, which makes follow-on investments in alumni companies.

What investment stages does Techstars typically target?

Techstars focuses on pre-seed and seed-stage startups, typically investing $20,000 to $120,000 in exchange for 6% to 10% equity. Follow-on investments through Techstars Ventures can extend to Series A and beyond for high-performing companies.

Which sectors does Techstars explicitly avoid?

Techstars does not publicly exclude any sectors, but its program focus varies by location. Priority sectors include enterprise software, AI/ML, digital health, fintech, climate tech, and cybersecurity. The firm often tailors specific programs to these verticals (e.g., Techstars AI, Techstars Sustainability).

Where does the underlying wealth come from?

Techstars' capital comes from institutional investors, corporate strategic partners, and its own revenue from program operations. The co-founders' personal net worth is derived from successful exits (e.g., Feld's experience as a venture capitalist, Cohen's angel investments). No single family fortune backs the firm.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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