MassChallenge

MassChallenge

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Investment Firm

Overview

MassChallenge is the most startup-friendly accelerator on the planet.

No equity and not-for-profit, MassChallenge is obsessed with helping the most-promising startups across industries and regions around the world. In addition to providing expert mentorship, tailored curriculum, and unrivaled access to corporate partners, MassChallenge awards top startups with portions of several million dollars in cash prizes.

With accelerators in Boston, Israel, Mexico, Switzerland, Texas, and the UK, MassChallenge strengthens innovation-driven economic development around the world. MassChallenge also runs Bridge to MassChallenge programs in Australia, Columbia, France, Korea, Mexico, Morocco, Poland, Russia, and Spain to drive the creation of high-quality jobs. In 2016, MassChallenge launched PULSE@MassChallenge to accelerate the impact of digital health innovation and improve patient care through technology.

To date, 1,211 MassChallenge alumni have raised over $2 billion in funding, generated approximately $900 million in revenue, and created over 65,000 total jobs.

Highlights

Founded

2009

Industry

Financial Services

Employees

101-250

Investment

3198

Lead Investment

1002

Exits

208

Stages

Seed, Early Stage Venture

Investor Type

Accelerator

Location

United States, North America

Contact Information

Social

Profile Resume

MassChallenge, established in 2009 and headquartered in United States, North America., specializes in Seed, Early Stage Venture investments across Software, Location Based Services, Transportation, Analytics, Information Technology, Security, Messaging, Mobile Apps, Health Care, Fitness. The organization boasts a portfolio of 3000+ investments, with an average round size of $744.6K and 208 successful exits. Their recent investments include Locately, Sproxil, Ginger, True Ventures, Eniac Ventures. The highest investment round they participated in was $7.8B. Among their most notable exits are Locately and Sproxil. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Akhil Nigam

Akhil Nigam

President and Founder

imagePlace Ran Regev

Ran Regev

Business Mentor & Judge

imagePlace Antonio Procopio

Antonio Procopio

Co-founder & CEO

imagePlace Camila Lecaros

Camila Lecaros

Managing Director

imagePlace Robby Bitting

Robby Bitting

Director of Special Projects

imagePlace Daniel Uchôa

Daniel Uchôa

CEO at video.bot

Investment portfolio

MassChallenge has made 3198 investments. Their most recent investment was on Jul 30, 2024, when Lineaje raised $20.0M.

MassChallenge has made 512 diversity investments. Their most recent diversity investment was on Feb 02, 2023, when CryptoClear raised $80.0K.

investments

3198

Diversity investments

512

Lead investments

1002

Number of exits

208

Investments

3198

Annouced DateOrganization NameIndustryMoney Raised
Jun 12, 2024
Ventra Ventra
Health Carenull
Jun 12, 2024
Zetamotion Zetamotion
Artificial Intelligence (AI)null
Jun 12, 2024--null
Jul 30, 2024
Lineaje Lineaje
Network Security20.0M

Exits

208

Funding Timeline

Funding rounds

3198

Investors

1

Funds

1

Funding Rounds

3198

MassChallenge has raised 3198 rounds. Their latest funding was raised on Jul 30, 2024 from a Series A - Lineaje round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jun 12, 2024
Non Equity Assistance - Generational Non Equity Assistance - Generational
-0-
Jun 12, 2024
Non Equity Assistance - Purcell Non Equity Assistance - Purcell
-0-
Jun 12, 2024
Non Equity Assistance - Grounded Sensors Non Equity Assistance - Grounded Sensors
-0-
Jul 30, 2024
Series A - Lineaje Series A - Lineaje
-20.0M-

Investors

1

MassChallenge is funded by 1 investor(s). National Science Foundation Kantor is the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
National Science Foundation National Science Foundation
Yes
Grant - MassChallenge
50.0K

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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