🌁 Meet the StudioAlpha Spring 2024 Batch
🌁 Meet the StudioAlpha Spring 2024 Batch
Release May 15, 2024 San Francisco
As pre-seed investors, we wanted to produce software startups the way a music-producer supports bands. This is why we use the term “Studio”. The term “Alpha” stands for the founder teams who produce their first “demo tape”.
In the following post, we will give you some insights into our production program. But first, we would like to introduce our first five bands (startups), which started their journey with StudioAlpha on February 28, 2024.
Homefindsyou 🇪🇪 - AI helps real estate buyers access off-market listings
Outwire 🇵🇹 - blockchain/AI based ticketing system for the long tail
Fantacycling 🇮🇹 - fantasy game & biggest online community of cycling fans
Travelin.ai 🇳🇴 - next generation AI business travel platform
Lightframe 🇺🇸 - the future of wealth technology
StudioAlpha Production Program
The accelerator (production program) is designed in the following three steps:
Kick-off meeting
Weekly Office Days (1:1 coaching, guest speakers)
Demo Day San Francisco
Kick-off Meeting
During the kick-off meeting in Zurich and Laax, the StudioAlpha partners got to know the founding teams personally, learned what benefits their software has for the target group, how their business model works and where they face the biggest challenges.
Weekly Office Days
These various challenges were overcome in weekly 1:1 coaching sessions. For example, the investor pitch was refined, the metrics for analyzing traction were defined and managed, marketing measures were implemented and technical problems were solved. The coaching sessions were as individual as the start-ups themselves.
In addition to the weekly remote coaching sessions, we were able to invite renowned and very experienced guest speakers for our spring batch, who gave our startups helpful advice along the way.
The following speakers appeared in the spring batch:
Daniel Parames, Partner at Cooley
Amir Nathoo, Co-Founder and Head of Outschool
Philipp Stauffer, Venture Partner, Fyrfly
Danil Geske, Pelipe Esper & Jorge Nole Alarcon, Amazon Web Services, AI Department
Kirsty Nathoo, MD, Finance at Y Combinator
David Le, Partner Auto Tec
Brad Peppard, Partner & Principle, Ravix Group
Demo Day
On May 15, 2024, the time had come for the startups to present their investor pitches to around 35 guests at Cooley's offices in San Francisco.
After a short introduction by StudioAlpha partner Fabian, the startups had 3 minutes for their pitch. A further 7 minutes were left for the following Q&A led by a panel of venture capital partners. The purpose of the cocktail after the pitching session was to give the investors and guests the opportunity for individual exchanges with the founder teams.
In total over 20 Venture Capital investors joined the pitching session. The Q&A was chaired by a high-ranking VC panel. The in-depth questions from these selected venture partners enriched the session tremendously. See who had a seat on the VC panel in Spring Batch 2024.
Results
1 startup closed a seed round
3 startups are currently negotiating with seed investors
1 startup applied for Y Combinator with our recommendation
If you are also a software startup looking for pre-seed investment, want to participate in our production program and become Silicon Valley VC-ready with our help, then sign up for Fall Batch 2024.
Our Batch #1 Bets Are Already Paying Off
At StudioAlpha Batch #1, also we were strategically betting on sectors ripe for disruption: the financial industry, real estate, and the ticketing market. The financial sector, long due for innovation, is a key focus for us anyway. During our accelerator program, the US real estate market witnessed a significant shift as the National Association of Realtors settled landmark antitrust lawsuits by paying $418 million in damages and eliminating restrictive commission rules. Additionally, right after our Demo Day, the Department of Justice took aim at breaking up Live Nation, signaling a transformative moment for the ticketing industry. These developments highlight the urgent need for agile, innovative solutions—precisely what our startups are equipped to deliver.
1) Ticketing 🎫(Outwire)
The Justice Department, along with 30 state and district attorneys general, filed a civil antitrust lawsuit against Live Nation Entertainment Inc. and its wholly-owned subsidiary, Ticketmaster LLC (Live Nation-Ticketmaster) for monopolization and other unlawful conduct that thwarts competition in markets across the live entertainment industry. Read more…
2) Real Estate 🏘 (HomeFindsYou):
Read article
3) Cycling 🚴♂️
Fantacycling will partnering Tour de France at the kick-off Race in Florence, Italy on 29 June.
4) Travel ✈(Travelin.AI)
Bleisure is booming all around the world
5) Light’,Frame:
Still in stealth mode. Stay tuned ;)
Thanks to our Partner Cooley LLC
We were honored to host the release of our first album with five startups on the facilities of Cooley LLC. The infrastructure, the support from IT and the event team was outstanding
Acknowledgments
We, the StudioAlpha producers, would like to thank all startups, investors, guests, supporters in front of and behind the stage from the bottom of our hearts. Our first album would not have been possible without the support of all these people. We are more than happy.
Well, that’s it for now. Thank you for reading and posting your questions and feedback!
Stay tuned for further insights about our Spring Batch 2024.
Best,
Prof. Andy LinkedIn | Insta | Twitter & Fab, LinkedIn | Insta | Twitter
Pic: StudioAlpha