Watch Techstars LA's 2020 Class Demo Day

Watch Techstars LA's 2020 Class Demo Day

Miss Techstars L.A. 2020 Demo Day? You can still catch the full presentation below.

The ten companies who made up this year's Techstars class were focused on creating a more equitable healthcare system, providing more access in education and economic opportunity.

Techstars L.A. 2020 Demo Day -- in Partnership with dot.LA www.youtube.com

The companies chosen for each accelerator class receive three months of intensive mentoring and a $120,000 investment from Techstars, which takes a 6% cut of equity. Usually the companies work together in person, but this year, the pandemic prevented that, so they primarily worked from home.

The awards program, too, was intended to be held at the historic El Rey Theater, but — as Techstars' Managing Director Anna Barber said in her introduction "it was just not in the cards this year." Still, she said, the community surrounding the program went out of their way to make it a success.

"When we started TechStars L.A. four years ago, we knew that diversity, equity and inclusion had to be a pillar of our program, Barber said. "Sixty percent of our portfolio companies are led by female founders and 20% have a Black or Latinx CEO."

L.A. Mayor Eric Garcetti offered a few words of praise for the accelerator and the startups its grown. saying "Techstars has helped power L.A.'s tech renaissance."

"In this moment of so many unprecedented challenges," he continued. "Techstars along with startups and tech leaders across Los Angeles are leading the way. Matching their innovation and ingenuity with care and compassion."

The mayor went on to describe the leaps that L.A.'s tech community has made in providing PPE in the earliest days of the pandemic, in creating new therapeutics and innovative approaches to COVID testing as well as creating new ways for businesses to stay afloat using contactless payment and other approaches. "At the heart of our innovation economy is the never-ending push to make life safer and healthier and better for people throughout our city, and across the world," Garcetti said.

Techstars holds three accelerator programs in L.A., including Techstars Music and Techstars Starburst Space Accelerator.

https://twitter.com/ezass
https://www.linkedin.com/in/zassenhaus/
eric@dot.la

Subscribe to our newsletter to catch every headline.

On this week's episode of Just Go Grind, hear from Marlon Nichols, founding managing general partner at MaC Venture Capital, a seed-stage venture fund whose investments run from $1.5 million to about $2 million. Their focus is on emerging behavioral and cultural trends plus technology that enterprise will need to stay current.

Read more Show less
Justin Gordon
Justin Gordon is the founder of "Just Go Grind" and host of the "Just Go Grind Podcast," a daily show with more than 200 episodes featuring interviews with entrepreneurs and investors. He has an MBA from USC, is an aspiring runner with a 1:29 half marathon personal best, and wants to help one billion people in his lifetime.

Despite — or in many cases because of — the raging pandemic, 2020 was a great year for many tech startups. It turned out to be an ideal time to be in the video game business, developing a streaming ecommerce platform for Gen Z, or helping restaurants with their online ordering.

But which companies in Southern California had the best year? That is highly subjective of course. But in an attempt to highlight who's hot, we asked dozens of the region's top VCs to weigh in.

We wanted to know what companies they wish they would have invested in if they could go back and do it all over again.

Read more Show less
Ben Bergman

Ben Bergman is the newsroom's senior finance reporter. Previously he was a senior business reporter and host at KPCC, a senior producer at Gimlet Media, a producer at NPR's Morning Edition, and produced two investigative documentaries for KCET. He has been a frequent on-air contributor to business coverage on NPR and Marketplace and has written for The New York Times and Columbia Journalism Review. Ben was a 2017-2018 Knight-Bagehot Fellow in Economic and Business Journalism at Columbia Business School. In his free time, he enjoys skiing, playing poker, and cheering on The Seattle Seahawks.

https://twitter.com/thebenbergman
ben@dot.la
RELATEDTRENDING