Startmate

We offer $75,000 cash for 7.5% equity. For startups that have raised more than $200,000, we will match the terms of the last round of funding. Startmate teams work for free out of the same office at ATP Innovations in Sydney, for three months during January, February and March. The months of April and May are then spent in Silicon Valley raising seed capital. Naval Ravikant, co-founder of AngelList, ranks Startmate alongside ycombinator and Techstars as one of the top five accelerators in the world. The Economist listed Startmate as one of the top accelerators in the world based on follow-on funding for alumni.