The Momentum team is connected to most of the OEMs, Carriers, Publishers, Brands, and Agencies looking for mobile innovation. Past companies gained insightful feedback, signed pilots, partnerships, and long-term advisors from this network. We were able to drive 5+ Million and counting in signed deals for our past 14 companies.
We offer a direct investment of $20,000 into each company that we accept and invest selectively up to $200k in the next round of funding for each startup. We also work with our companies to get the next round of funding (intros, strategy, etc). Our 14 previous companies have raised $18+ Million in funding to date.
The Momentum program consists of weekly pitch practice with the team and mentors, incredible workshops taught by industry leaders, and constant feedback on the business model, product, tech, hiring plan, and value proposition.
Our mentors are not just faces on our site. We ensure one-on-one time, advice, and introductions.
Thought leadership development and exposure was key to the success of our past companies. We placed our portfolio companies in top-tier mobile-related conferences around the world and in front of our network of journalists and analysts.
One desk space is offered to each company along with Free Amazon Web Services, Highly Discounted Finance and Accounting Services, and $300k in other discounted services.
For all this, Momentum takes 4% of common stock equity plus a $5,000 fee that is payable at the beginning of the program.
We were featured in Forbes to speak about our rapid success as a business with the worldâ€™s most prominent brands. I attribute a lot of it to the team at Momentum and their network. During the program and as alumni, Momentum has been a driving sales force amongst top CPG brands and leading agencies in addition to being an introduction machine for investors and talent. With the results given, my co-founder and I can not thank them enough.
We knew Ryan and Mario for a few years before we joined Momentum. Itâ€™s incredible what they and the mentor team were able to accomplish for us in such a short amount of time. During the program, we closed large publisher partnerships, opened potential partnerships with large Fortune 500s and closed our A Round for $5.2 Million led by True Ventures, Anthem, and Crosslink Capital.
The Momentum team and network is extremely impressive and has helped us immensely since we first met. Mario and Ryan now sit on our advisory board. When we came into the Momentum program we were a bootstrapped company with five employees. Five months later we are now 15 'chefs' strong and raised a 3M seed round from the likes of Google Ventures, NEA, and other notable investors.
Mario and Ryan have been instrumental in Fiverunâ€™s success. During the program, we have closed major angels from the network for investment, closed two major pilots that have grown into global roll-outs, and are now looking at further fundraising offers.
We have two batches graduate a year. Apply anytime. If you're accepted, you start in the next batch, and if not then you can still be considered for a future batch. Apply here. http://www.f6s.com/momentum accelerator
2 to 3 founders is ideal. However, we will consider teams with up to 5 or 6 founders. We will not consider single founders. If youâ€™re currently a single founder, go out and find some co-founders with complementary skill sets before applying.
We prefer teams that are more technically oriented. Ideally, you will have at least 1 strong developer + 1 business person. Other good expertise to have within your team are UI/UX, design, product management, digital marketing, etc. Teams consisting of all business people will not be considered.
We are growth focused so you should have a baked product and traction, so we can connect you with opportunities that can be initiated immediately.
Yes. Momentum is open to entrepreneurs from anywhere. Your country of citizenship doesnâ€™t matter. You country of residence doesnâ€™t matter. Your gender doesnâ€™t matter. All that matters is the quality of your team and the business opportunity you are pursuing. We do provide letters of support for visas and logistical support in finding a residence in San Francisco.
Momentum does not personally cover the cost of housing or transportation for the program; however we will have a person that can help you find housing and try to make the move as painless as possible.
Momentum takes up to 4% of common stock equity plus a flat $5,000 fee that is payable at the beginning of the program. This is negotiable depending on the stage of the startup, and the terms must be negotiated before the program starts.
First, the investment is not rolled into the equity and it has completely different terms. The Momentum Syndicate Fund offers the following standard terms on the $20,000 investment
Our alumni companies are treated like a portfolio company in a venture fund. They get the following benefits:
Beautiful, personalized maps that are easy to share.
The worldâ€™s first emerging channel marketing platform.
Track & Protect Documents
Redefining Social Media Publishing.
Delivering the most innovative reading experience for iOS.
The smart food scale that visualizes nutrition.
Buy smart. Simplify your shopping.
Work effectively across your clouds
Bridge the online shopping experience we love, into the physical retail stores we know
The world's largest mobile demand-side platform for real-time bidding.
Getjar, AT&T, Yahoo Mobile, Disney, Danger
Blumberg Capital, Yushan Ventures, 1-Page, and Jumptap
Band of Angels Mobile Lead, Exit at HR ONE, Verizon, Vodafone, Arthur D. Little
5 Profitable Exits, AdMob, Chomp, Skyfire, Ning, Metarsolver