Techstars AI Health

Program Type: In-person
Location: Baltimore, United States
Investment: $220,000
Equity Taken: 5% of the company in common stock plus the future value of the $200,000 uncapped MFN Safe
Program Duration: 13 weeks
Stage: Early Stage

Industry of Focus

• Healthcare
• AI/ML

Key Highlights

Program Overview

Techstars AI Health Baltimore, powered by Johns Hopkins University and CareFirst BlueCross BlueShield, supports innovative entrepreneurs creating solutions at the intersection of health, tech, and artificial intelligence. The program aims to transform healthcare by improving patient care, access, affordability, and quality. It is based in Baltimore, MD, a city known for its healthcare innovation and thriving startup ecosystem.

Investment Details

The program offers a $220,000 investment, which includes $200,000 through an uncapped MFN Safe and $20,000 through a Post-Money Convertible Equity Agreement (CEA). Techstars receives 5% equity in common stock plus the future value of the $200,000 uncapped MFN Safe.

Benefits Details and Perks/Credits

• Mentorship from Techstars' proven accelerator model
• Support from Johns Hopkins' expertise in translating research into viable businesses
• CareFirst's deep understanding of delivering accessible, equitable, and high-quality healthcare
• Funding and fundraising opportunities
• Workshops and curated resources
• Access to a world-class network of investors, partners, mentors, and alumni

Program Format

• In-person program
• Three-month duration
• Demo Day at the end of the program
• Month One: Grow Your Network
• Month Two: Execute
• Month Three: Fundraising Strategy & Demo Day preparation

Location or Relocation Requirements

Baltimore, United States

Cohort Size and Program Frequency

The program runs multiple times a year with specific cohorts starting in March and September.

Company Types Requirements

The program welcomes a broad range of innovative approaches within healthcare, health tech, medtech, and biotech, including solutions incorporating artificial intelligence.

Founding Team Preferences

Strong emphasis on team composition, highlighting the importance of having a team that can overcome obstacles and demonstrate persistence and ability to learn.

Today, Techstars is introducing an improved accelerator investment offer for companies accepted into our future accelerator programs. This improved offer of a $220,000* investment comes with all the benefits of our 3-month mentorship-driven accelerator program, valuable perks from our partners, and access to our world-class network of investors, partners, mentors, and alumni.

The $220,000 offer is made up of two components, including $200,000 through an uncapped MFN Safe and $20,000 through a Post-Money Convertible Equity Agreement (CEA). The total equity Techstars receives will be 5% of the company in common stock plus the future value of the $200,000 uncapped MFN Safe. For example, if your next round is valued at $20M pre-money, the $200,000 MFN Safe would then convert into 1% additional ownership at that time.

Our new offer gives founders more capital, better alignment, and a simpler and more easily comparable structure, enabling them to arrive at their next funding round with greater momentum.
Techstars accelerators have one goal: to help founders succeed. During each three-month program, we surround companies with the best mentors and an unrivaled network of corporate partners, investors, and alumni. We provide funding and fundraising opportunities, workshops and curated resources, not to mention countless moments where you can learn from your peers. It’s a proven model that’s helped build thousands of successful companies, all over the world.