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MassChallenge
Global
About
MassChallenge is the largest and one of the most startup-friendly accelerators globally, founded in 2009 by John Harthorne. Uniquely, MassChallenge takes zero equity and operates as a not-for-profit, instead awarding several million dollars in equity-free cash prizes to the highest-impact startups. Operating accelerators in multiple cities worldwide, MassChallenge alumni have raised over $8.5 billion in funding, generated $3.5 billion in revenue, and created over 200,000 jobs. Its alumni survival rate is notably strong.
Deal Terms
Non-dilutive (equity-free prizes vary by program)
Key People
Notable Portfolio
Ginkgo Bioworks
Turo
Flywire
LiquiGlide
Localytics
Questions about MassChallenge
- What are the deal terms at MassChallenge?
- Non-dilutive (equity-free prizes vary by program).
- Where does MassChallenge run?
- MassChallenge runs worldwide.
- Which companies has MassChallenge backed?
- Companies backed by MassChallenge include Ginkgo Bioworks, Turo, Flywire, LiquiGlide and Localytics.