How Techstars and Plug and Play Tech Center compare on investment, equity, format, stage and timing. Every figure comes from the programs' own sites, verified November 4, 2026.
| Techstars | Plug and Play Tech Center | |
|---|---|---|
| Investment | $220K | None |
| Equity | 5% | No equity |
| Deal terms | $220K: $20K for 5% common stock (post-money convertible equity agreement) + $200K uncapped MFN post-money SAFE | Equity-free program participation; optional separate investment via Plug and Play Ventures on negotiated terms |
| Format | Hybrid | Hybrid |
| Headquarters | Boulder, United States | Sunnyvale, United States |
| Stage | pre-seed, seed | seed, series a, series b |
| Sectors | general, ai, health, fintech, climate | general, enterprise, fintech, health, mobility |
| Duration | 3 months | 3 months |
| Application cycle | Program-specific; multiple programs run spring and fall cohorts | Multiple vertical batches per year across locations |
| 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
Plug and Play is a Sunnyvale-based innovation platform and venture investor, founded in 2006 by Saeed Amidi, that runs industry-specific accelerator programs pairing startups with corporate partners in offices worldwide. Participation in its accelerator programs is equity-free; any investment comes separately from its venture arm on negotiated terms.
Notable alumni: PayPal, Dropbox, LendingClub, Honey
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.