Website 500.co Headquarters Mountain View | Founder Dave McClure Type of business Venture capital firm | |
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Number of locations Mountain View, CA, USA
San Francisco, CA, USA
London, UK
Seoul, S. Korea
Kuala Lumpur, Malaysia
Istanbul, Turkey Key people Dave McClure (Founding Partner)
Christine Tsai (Founding Partner)
Khailee Ng (Managing Partner)
Bedy Yang (Managing Partner) Profiles | ||
Batch 17 demo day 500 startups accelerator 2016
500 Startups is an early-stage venture fund and seed accelerator founded by Dave McClure and Christine Tsai in 2010. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February, 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011.
Contents
What is 500 startups demo day
History
As of August 1, 2015, 500 Startups had invested in over 1,200 companies including Tripoto, Punchd, Console.FM, CoContest, Contactually, Safe Shepherd, idreambooks, Fileboard, Kraftly myGengo, ChinaNetCloud, Cucumbertown Visual.ly, E la Carte, Canva, Cleanify, Udemy, 24/7 Techies, ZipMatch, RidePal, and Headout. Of current investments, more than 20% have participated in other incubators, 20-30% are international, and over 60 have been acquired. Some of their successful active companies are CreditKarma, ViralGains, RapidAPI Twilio, GrabTaxi, TalkDesk, and Intercom.io. To date, their biggest exits include $403M acquisition of Makerbot by Stratasys, $350M acquisition of Wildfire by Google, $200M acquisition of Viki by Rakuten, and $117M acquisition of Simple by BBVA.
In 2012, the organization acquired Mexican.VC, an accelerator in Mexico City, expecting to ramp up its investment in Mexico substantially. Through its investment in Alta Ventures, 500 Startups planned have better access to deal-flow in this region.
500 Startups has locations in Silicon Valley, Mexico City, Israel and San Francisco. In 2015, they announced they would be starting a three-month growth program in London, UK as well as a pre-accelerator in Oslo, Norway.
Regional and Vertical Focused Funds
500 Startups has several funds focused on different international regions or operational verticals.