Starveups

About The Fund

Starve Ups is an incubator and scalerator based in Portland, Oregon, dedicated to supporting startups throughout their growth cycle. As Oregon's first startup accelerator, founded in October 2000, they were pioneering in offering end-to-end acceleration services, with a focus on the IT, TMT, A.I., and Big Data industries. Unlike conventional accelerators, Starve Ups doesn't just offer assistance at the early stages of a company’s lifecycle; their support extends from inception, through the scaling process, to exits such as IPOs. The scalerator model they have embraced consists of three key stages: 'Survive', 'Strive', and 'Thrive'. In the 'Survive' phase, Starve Ups aids founders in the crucial first 18 to 36 months by helping to select corporate structure, build prototypes and MVPs, and secure initial funding. During the 'Strive' phase, generally years 3 to 7, the focus shifts to sustainability and expansion, where founders benefit from marketing, sales, and strategic partnership development support. In the 'Thrive' stage, targeting years 7 to 12, the emphasis is on executing exit strategies. The scalerator boasts $582.5M in capital raised, 35 successful exits amounting to over $1.42B in shareholder value, spans 20 industries, and has facilitated 3 IPOs. Their membership includes 222 companies, mentored by 357 peer founders. Remarkably, its members are 6 times more likely to stay in business and 4 times more likely to secure funding compared to national averages. Starve Ups takes a game-changing approach by not investing in verticals; instead, they unite with peer founders adhering to a philosophy of 'Pay It Forward' mentorship. Each year, new classes of startups join at no cost and zero equity, solely based on their commitment to this philosophy. The investor's website cites metrics that showcase their impact and success, including an active participation rate by members that is 21 times the average. Starve Ups' strategic partnerships, events, and resources further exemplify their comprehensive support network for founders and startups in Oregon.