Techstars New Orleans
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About Techstars New Orleans
Investor type
First check
$20k to $220k
Applications
In batches
Deal type
Standard deal
Program fees
N/A
Typical terms
We typically invest $20K for a fixed 5% equity stake plus an additional $200K through an uncapped MFN SAFE that converts at the next funding round, resulting in 5% immediate dilution and additional future equity based on subsequent financing terms.
Themes
Funding Stages
Who we are
We provide funding and support to entrepreneurs from historically ignored backgrounds.Funding Requirements
We invest in Black, Latino, and other underrepresented entrepreneurs.Value add
A 3-month accelerator offering up to $350K in cloud credits, extensive SaaS discounts, workspace access, mentorship, and global investor network exposure to help startups scale and raise follow-on funding.Founder Reviews Of Techstars New Orleans
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