How much does Z Fellows invest?

Z Fellows's standard deal: Optional $10K investment at a $1B valuation cap, converting into stock at the next priced round. Fellows can also join with no investment.

Where is Z Fellows based?

Z Fellows is headquartered in San Francisco, United States. The program runs hybrid. Cohorts run in San Francisco, United States, New York, United States.

Accelerator profile

Z Fellows

Z Fellows is a one-week fellowship run by Cory Levy. It brings together about ten builders with founders of billion-dollar companies. The week is mostly virtual and ends with a day in person in San Francisco or New York. Fellows can take an optional $10K investment. It is open worldwide, with no age limit, and applicants do not need a company.

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At a glance

Z Fellows key facts

Investment: $10K
Deal terms: Optional $10K investment at a $1B valuation cap, converting into stock at the next priced round. Fellows can also join with no investment.
Duration: 1 week
Format: Hybrid
Headquarters: San Francisco, United States
Cohort locations: San Francisco, United States; New York, United States
Stage: idea, pre-seed
Sectors: general
Application cycle: Rolling; multiple cohorts a year

Verified November 4, 2026 against the sources below. Terms change; confirm on the official site before applying.

Timing

There are no deadlines. Applications are reviewed on a rolling basis and cohorts run throughout the year.

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Notable alumni

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Cognition
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Sources

FAQ

Applying to Z Fellows

How much does Z Fellows invest?: Z Fellows's standard deal: Optional $10K investment at a $1B valuation cap, converting into stock at the next priced round. Fellows can also join with no investment.
When is the Z Fellows application deadline?: Application cycle: Rolling; multiple cohorts a year. There are no deadlines. Applications are reviewed on a rolling basis and cohorts run throughout the year.
Where is Z Fellows based?: Z Fellows is headquartered in San Francisco, United States. The program runs hybrid. Cohorts run in San Francisco, United States, New York, United States.

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