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Wells Fargo Startup Accelerator
Wells Fargo Startup Accelerator is a six-month program for startups creating enterprise solutions. It aligns companies with Wells Fargo business and technology...
Wells Fargo Startup Accelerator
Wells Fargo Startup Accelerator is a six-month program for startups creating enterprise solutions. It aligns companies with Wells Fargo business and technology leaders to refine their ideas. Startups can receive up to $1 million in funding.
General information
Firm type
Corporate Accelerator
Year founded
2014
Location
Region
North America
Country
United States
City
Seattle, Chicago, Oakland, Indianapolis
Corporate office
United States
Frequently asked questions
How does Wells Fargo Startup Accelerator source deal flow?
The program sources startups through an open application process typically announced on Wells Fargo's website and through partner networks. It does not invest capital or take equity.
Is Wells Fargo Startup Accelerator structured as a fund or an accelerator?
It is structured as a corporate accelerator program, not a fund. There is no investment vehicle, AUM, or carried interest. The program focuses on mentorship and potential pilot partnerships.
What investment stages does Wells Fargo Startup Accelerator typically target?
The program targets early-stage startups, typically Seed through Series A, that are developing technologies relevant to banking and financial services.
Which sectors does Wells Fargo Startup Accelerator focus on?
The accelerator focuses on fintech, digital banking, payments, lending, cybersecurity, and operational efficiency for financial institutions.
Does Wells Fargo Startup Accelerator participate in fund commitments or only direct deals?
It does not participate in fund commitments or direct deals. It is a non-equity accelerator program, separate from Wells Fargo's venture capital or investment banking arms.
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