Techstars

BroadLoop, Startup / By / May 31, 2023

BroadLoop Completes Prestigious Accelerator Program

The Heritage Group Accelerator powered by Techstars received ~150 applications from companies around the world, but only 10 were accepted into their competitive accelerator based in Indianapolis, IN. The program launched in September 2021 and lasted for 13 weeks. Participants received an infusion of capital, workshops focused on scaling their companies, unprecedented access to prospective customers, dedicated resources to help move the needle in specific areas, and access to the Techstars network of founder, investors, advisors, service providers and more.

BroadLoop Team at Techstars Demo Day
Dec 9, 2021 - Indianapolis, IN

Key Achievements

Team
Hired an Operations Manager and a mobile developer
Funding

Received investment from Techstars and HG Ventures

Customers

2 new customers and
2 pilots launched

Integrations
Libra, Samsara, Gauge Telematics
Mentors
Met with 80+ mentors & investors
Planning
Validated financial model, defined sales projections & KPIs

Demo Day

The program culminates with Demo Day where each company pitches in front of hundreds of investors, supporters and stakeholders. Each company in this particular accelerator cohort is poised to make the world a better place in a big way from carbon capture technology to recycled powder-coating to building a circular economy out of tailings ponds for major mining companies. To see all of the companies speak briefly about their companies, check them out here.