Deadline:
As soon as possible
Location(s)
Denmark Online
Copenhagen and online
Overview
Accelerace Allstars is a community of successful founders in the Nordics and Baltics — the ones that made it big like Templafy, Penneo and Coinify, and the ones that will.
We invest 750 000 DKK and deliver value beyond money. If you want to get mentored by the Accelerace Allstars mentors (a.k.a. our most successful alumni founders), close a seed round and get access to community activities, we are the pre-seed investor you need.
Details
Support and funding from founders that have raised millions!
One major benefit of becoming a portfolio company of Accelerace Invest II is access to the Allstars mentors — the founders of Templafy, Penneo, Actimo, Coinify, Densou, and Axdraft!
The Allstars mentors are Accelerace’s most successful alumni founders. After building companies that got publicly listed, acquired by industry-leading players and raised millions of dollars, they have returned to Accelerace to support the next generation of founders as mentors and investors.
750 000 DKK convertible loans
We invest 750 000 DKK in you before you have customers, revenue or traction, using a standardized convertible loan with a 10M DKK cap. Only startups that receive an investment from Accelerace and pay a one-time fee of 250 000 DKK will be able to join the Allstars community and our community activities (see next section).
As the most aggressive early-stage investor in Denmark, we do not have the bandwidth for individual negotiations. Consequently, we provide standardized convertible loans using a standard document. That saves everyone a lot of precious time in negotiation and legal fees, which can be put to better use. The terms are market conforming, meaning they are somewhat similar to offerings by other pre-seed stage investors.
Value beyond money
Our community activities take place on a regular basis throughout the year. The best part? Once you become part of the Allstars community, you have lifetime access to all community activities.
- Scaling veterans as mentors: Access to 1:1 mentoring sessions with the Allstars mentors and Accelerace’s Investment Managers, whose knowledge and advice come from building and scaling their own startups.
- 7-week investment program: Get ready to fundraise in 7 weeks! Together, we take a 360-degree view of your startup’s fundraising strategy and improve your pitch deck, pitching and storytelling skills, as well as host investor mock meetings.
- Investor Day: Get in front of the leading Danish and international institutional investors at our invite-only Investor Day to wrap-up the 7-week investment program. You pitch and we match you with the right investors to close that seed round.
- Annual Allstars Community Event: All work and no play? Not on our watch! Once a year, we will invite you to our Allstars Community Event, where we promise you never-ending inspiration, surprises, networking, and knowledge — by and for our founder community.
- Founder Talks by Allstars Mentors: Get practical advice from our Allstars mentors and learn about their (bumpy) journey towards product-market fit, how to get talented people to leave high-paying jobs, when to step down as CEO, etc. (the list goes on).
- Founders-to-founders sessions: Build relationships with people sitting in the same boat! Get honest feedback on your challenges and how to overcome them from the diverse perspective of your fellow founders in a structured and safe setting.
The next program starts on October 24, 2022, and ends with an Investor Day on December 8, 2022.
Some events will take place online, and some in-person in Copenhagen.
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
What stage should the participating startups be at?
- It depends a little on technology and market, but from the level of MVP, prototype or more. Our focus is market development.
Dates
Deadline: As soon as possible
Cost/funding for participants
We invest 750 000 DKK in you before you have customers, revenue or traction. Only startups that receive an investment from Accelerace and pay a one-time fee of 250 000 DKK will be able to join the Allstars community and our community activities.
Are the terms negotiable?
No. We make a lot of investments, and it would take too much time for us to negotiate individually with each company. On the good side — this is what allow us to make fast investments.
Un-save Opportunity
Internships, scholarships, student conferences and competitions.
