Propeller Venture Accelerator

Propeller Venture Accelerator is an organization that invests in early stage information and communications technology companies.
  • Industry: Finance
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  • Location: Dublin, Dublin
  • Size: 1-10 employees
  • Overview: Propeller Venture Accelerator invests in ICT start-up companies. Propeller has taken the successful Techstars model and adapted it for the European market. The accelerator programme offers the following benefits to start-ups; €30,000 Euro investment (approx $37,000 USD) Mentorship (over 80 mentors that can guide, advise and open doors) Investor Day (2012 saw investors from Ireland, England and Italy) Free Office Space (3 months during & 1 month after) Service Package (marketing, sales, legal, I.P. and accounting with corporate partners) In total a deal worth €45,000 Euro (Investment and Services) All this in return for 7.5% equity stake, valuing your company at €600,000 Euro ($740,000 USD) In a study conducted in conjunction with DFJ Mercury and commissioned by the Kauffman Fellows, Propeller Venture Accelerator was awarded “7th Best Accelerator in Europe”

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