Our Members

Eleven

Central Eastern Europe (Europe)

Quick Stats:

Terms: 8% equity stake for $25,000k seed capital and the option for a convertible note of $51k-100k – Each company can receive follow-on investments of up to 200K euro for around 20% equity

Eleven is a EUR 12 million venture fund that provides financing to early-stage startups using an incremental investment approach alongside iterative development – thereby, starting with many small experiments, filter out failures, and invest in successes.

We are focused on innovative ideas, providing EUR 50,000 for proof of concept during a 3+3 month acceleration program under one roof with the ability for up to EUR 200,000 follow-on seed investment.

Initially powered by Springboard (now TechStars London), the teams at Eleven receive support through business insight and technical expertise from an all-star cast of mentors, as well as technology support from companies like Google, Microsoft, Softlayer, Amazon Web Services, Telerik and XS Software.

A Global Accelerator Network Member