StartX is a non-profit startup accelerator and founder community associated with

Stanford University Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth ...

. It was founded by Cameron Teitelman and Dan Ha in 2011. It began as a spin-off of Stanford Student Enterprises, the non-profit financial arm of the Associated Students of Stanford University, which sponsored earlier events called SSE Labs in 2009 and then SSE Ventures. The StartX accelerator differentiates itself from other accelerators in

Silicon Valley Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley ...

, such as

Y Combinator Y Combinator, LLC (YC) is an American technology startup accelerator and venture capital firm launched in March 2005 which has been used to launch more than 5,000 companies. The accelerator program started in Boston and Mountain View, Californi ...

, in that it is an educational non-profit 501(c)(3) organization that takes no equity in the companies it helps start. At least one member of each company must have some Stanford connection, but undergraduates, graduates, faculty and staff are involved in the seminars and advise program. One of its first ventures, Alphonso Labs, developed the Pulse App. WifiSlam was acquired by

Apple Inc Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Computer ...

for about $20 million. StartX's staff is primarily composed of student volunteers from Stanford. StartX received a $800,000 grant from the Kauffman Foundation in August 2012 (which allowed Teitelman to earn a salary), and $400,000 from Silicon Valley companies in February 2012. In May 2012, StartX created a specialized track, called StartX Med, for medical-related startup companies. In September 2013, Stanford announced a grant of $1.2 million every year for three years to StartX. Along with Stanford Hospital and Clinics, it created a new Stanford-StartX fund (of uncapped amount) to invest in current and alumni StartX companies. To receive the investment from Stanford, StartX companies must raise at least $500,000 on their own from professional

angel investor An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital to a business or businesses, including startups, usually in exchange for convertible de ...

s or

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

ists. Stanford-StartX approved six companies by 2013.

Notable Companies

* Nearby * Boosted * Protocol Labs * Centilytics *

LimeBike Neutron Holdings, Inc., Trade name, doing business under the name Lime, formerly LimeBike, is an American transportation company based in San Francisco, California. It runs Motorized scooter#E-scooters, electric scooters, Electric bicycle, electr ...

Ethos ''Ethos'' is a Greek word meaning 'character' that is used to describe the guiding beliefs or ideals that characterize a community, nation, or ideology; and the balance between caution and passion. The Greeks also used this word to refer to the ...

* OpenSea *

Patreon Patreon (, ) is a monetization platform operated by Patreon, Inc., that provides business tools for content creators to run a subscription service and sell digital products. It helps artists and other creators earn a recurring income by provid ...

Branch A branch, also called a ramus in botany, is a stem that grows off from another stem, or when structures like veins in leaves are divided into smaller veins. History and etymology In Old English, there are numerous words for branch, includ ...

* Life360 * Poynt * Kodiak Sciences * Contract Wrangler (acquired by Conga)

References

{{US Business Incubators Stanford University Financial services companies established in 2011 Business incubators of the United States Startup accelerators 2011 establishments in California