The Dreamit Class of Spring 2016
We’re thrilled to announce the 25 newest members of the Dreamit community. The selected startups were chosen from an applicant pool of nearly 1,000 companies from more than 40 countries based on metrics including the strength of the team, the uniqueness of the insights into the problems they are solving, and their capacity to revolutionize the industries in which they operate.
“Dreamit set out to reimagine acceleration in a way that would create greater value for our startups, partners, and investors by breaking down barriers to innovation and attracting a broader range of entrepreneurs.”- Dreamit CEO Avi Savar
Last year, we announced significant changes to our model to attract a more diverse cohort of startups, including later stage companies that have already received funding and would not typically consider an accelerator. Key changes include the introduction of a “Zero/Zero” offer to allow entrepreneurs to participate without giving up equity, removing the relocation requirement, and the addition of more customer touch points to allow startups to receive commercial validation and build out their pipelines earlier in the four month program. Additionally, instead of a traditional accelerator Demo Day, we will now curate targeted investor meetings for companies during a two week bi-coastal investor roadshow at the conclusion of the 16 weeks.
For the first time this year, accepted companies will begin their immersion into startup methodology at Destination Dreamit, a summit bringing together top VCs, Dreamit alumni, and industry thought leaders. The companies will then spend 16 weeks testing their assumptions, iterating their products, growing their pipelines, meeting customers, and interacting with their assigned mentors and advisors.