How Techstars and Alchemist Accelerator compare on investment, equity, format, stage and timing. Every figure comes from the programs' own sites, verified November 4, 2026.
| Techstars | Alchemist Accelerator | |
|---|---|---|
| Investment | $220K | Not published |
| Equity | 5% | Not published |
| Deal terms | $220K: $20K for 5% common stock (post-money convertible equity agreement) + $200K uncapped MFN post-money SAFE | Checks of $60K to $1M depending on company and program; equity not published |
| Format | Hybrid | Hybrid |
| Headquarters | Boulder, United States | San Francisco, United States |
| Stage | pre-seed, seed | pre-seed, seed |
| Sectors | general, ai, health, fintech, climate | b2b saas, enterprise, ai, deep tech |
| Duration | 3 months | Not published |
| Application cycle | Program-specific; multiple programs run spring and fall cohorts | rolling for the core program; regional programs run on set calendars |
| Next deadline | November 18, 2026 | Not published |
Investment is the full standard package; where part of it is an uncapped SAFE, the equity stake covers only the fixed part (see deal terms). Terms change; confirm on each official site before applying.
About
Global pre-seed investor founded in Boulder in 2006, running three-month, mentorship-driven accelerators in cities including Boston, Boulder, Chicago, New York, London and Tokyo, plus the remote Techstars Anywhere and corporate-partnered themed programs. Since 2025 its standard deal is $220K, and some programs, such as New York, now run in a hybrid format.
Notable alumni: SendGrid, DigitalOcean, ClassPass, PillPack
About
San Francisco-based accelerator for enterprise-focused (B2B and B2B2C) pre-seed and seed startups, led by technical founders. Founders can build from anywhere, with regional programs in Chicago, Japan and Doha, and a San Francisco desk option. It holds Investor Showcases twice a year in Silicon Valley.
Notable alumni: LaunchDarkly, Rigetti Computing, MoEngage, MightyHive
Key differences
XRaze scores your fit against each program, drafts answers from your company profile and tracks every deadline. Start free with 50 credits, no card needed.