We have a round of interviews and meetups in NYC on October 21 and 22. Why NYC? Because we have NYC companies in our portfolio! RevUp does not require full-time residency. More on that later.
RevUp by Betaspring is an accelerator for companies that want to double down on revenue-driven growth. RevUp companies receive $75,000 in growth capital and immersion in a three-month program focused on increasing customer acquisition and revenue. RevUp was launched in 2015 by Betaspring. Betaspring has accelerated 90 companies since 2009, with a portfolio that has raised $50MM in follow-on funding and produced four acquisitions.
So, NYC startups, have you figured out how to build, make and sell something that customers pay for...but know it could be MUCH bigger with the right resources? Let’s talk. We’ll hold open office hours at Grand Central Tech, 335 Madison Ave, on October 21 from 9am-4pm. Slots are going quick so ping us ASAP if you want one. Not sure you fit? See below for more deets.
More About RevUp
Companies participating in RevUp receive $75,000 in growth capital and immersion in a three-month program focused on increasing customer acquisition and revenue.
RevUp is an intensive program requiring significant in-person participation from founders and senior members of the company team. If can take a train to Boston or Providence--where we have offices--you're good. We also work on site with our NYC companies and alumni. Need an airplane to reach us? Not out of the question, but expect to spend some QT with our friends at TSA.
For each company we accelerate, programming and investment begins on the day that we begin working with you. It ends three months later when we celebrate your mind blowing accomplishments. We must receive your application for November 24 to be considered for this batch!
- We work with companies that are already generating revenue.
- We don’t take equity. RevUp gets a return as revenue scales.
- We aren’t unicorn hunters. Our model doesn’t depend on exits. This expands the type of companies we can accelerate and invest in.
- RevUp companies access a shared growth team that expands a team's capacity for cycling through digital marketing and customer acquisition experiments.
RevUp works with and invests in companies generating recurring revenue each month, with significant growth potential. These companies are technology-enabled and reach customers through repeatable processes. This includes, but is not strictly limited to, companies in SaaS, software, e-commerce, consumer products, and technology services.
The tools and knowledge that Betaspring has built over six years—channel sales, growth hacking, strategic partnering, inbound marketing, team building—are invaluable to revenue-first companies. Throughout our 3-month program, RevUp focuses on experimentation and action that increases customer acquisition and revenue, helping early stage companies with revenue grow faster on their own steam. In addition to an amazing mentor pool of founders who built revenue first companies, we’ve also added features, like a shared growth team, to enable companies to act fast on revenue-enhancing opportunities.
The accelerator program is intensive and includes weekly face-to-face programming. Founders and senior company leadership must fully commit to the accelerator program to be eligible for investment.
As a reminder, we don't equity. RevUp’s revenue royalty contract aligns our investment return to the company’s revenue growth. A small percentage of monthly revenue (4-8%) is returned over the 36 months post-accelerator.