DriversRecommendedOutdated drivers can make a good PC feel brokenScan driver issues before chasing fixes manually.Scan NowOctober DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsWindows FixRecommendedWindows errors stealing your time? Find the fix fastScan stability, cleanup and performance issues.Fix Now×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Techstars Seattle’s 2020 Cohort: How Founders Adapted Amid COVID-19

Techstars Seattle’s 11th cohort began in February 2020. Here is how its ten startups and accelerator adapted as COVID-19 disrupted business.
From TheFinanceBase Team5 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Techstars Seattle’s 11th cohort began its three-month accelerator in February 2020 with in-person programming. After five weeks together, the founders and program shifted much of their work online as COVID-19 disrupted businesses and daily life. The ten startups responded in markedly different ways: some lost demand, some redirected sales or launched new services, and others prioritized features for changing customer needs.

This is a historical account of what the companies and Techstars Seattle managing director Isaac Kato told GeekWire on April 21, 2020. Their descriptions and forecasts reflect that moment, not verified current company status or performance.

How Techstars Seattle adapted its accelerator

The 11th Techstars Seattle class started in February 2020. Kato told GeekWire that mentoring, guest-speaker events, KPI sessions, pitch practice, one-to-ones and social gatherings moved online, and that the shift happened without interrupting much of the program. He said the founders had five weeks of face-to-face time “before we went into our bunkers.”

The cohort’s virtual Demo Day was scheduled for May 6, 2020. That was a planned event date reported at the time, not a current event listing. Kato described the founders as “a resilient and resourceful bunch in the face of the pandemic.”

Free tools Windows power users keep installed

One-click scans. No signup required.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall
Sale
Zero to One: Notes on Startups, or How to Build the Future
  • If you want to build a better future, you must believe in secrets.
  • The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create. In Zero to One, legendary entrepreneur and investor Peter Thiel shows how we can find singular ways to create those new things.

Who was in the 2020 Techstars Seattle cohort?

GeekWire reported interviews with ten companies in the class. The table summarizes what each said it did and how its founders described the pandemic’s effect in April 2020; company accounts are attributed, not independently assessed.

Company and location What it did, as described in the report Reported pandemic effect or response
Caravel
Portland
Collected and analyzed business-customer conversations to recommend ways to improve adoption and retention. Founders Maxwell Folley and Jonathan Minori said the company changed its customer-acquisition focus, anticipating higher churn among businesses concentrated in heavily affected sectors.
MD Ally
Philadelphia
Described a system for routing non-emergency 911 callers to virtual care. Founders Shanel Fields, Daniel Zacek and Kojo DeGraft-Hanson said they were working with public-safety leaders on resilience and emergency preparedness, including triaging non-emergency patients to virtual care. This was the company’s account, not an independently evaluated clinical or public-safety result.
neu
Seattle
Managed services for vacation-rental hosts and cleaners, including cleans, linens, towels and toiletries. Founders Kwame Boler and Claudius Mbemba said the collapse in travel eliminated demand for the vacation-rental cleaning platform. The company created a COVID-19 deep-clean service for homes, commercial properties and offices.
Introwise
Seattle and Estonia
Helped real-world experts offer coaching and advice online, with scheduling, digital payments and remote sessions. Founders Genia Trofimova and Denis Anisimov said they launched seven weeks earlier than planned to help people who had lost jobs move their businesses online.
Olive Technologies
Vancouver, British Columbia
Described an end-to-end platform for IT leaders evaluating major technology decisions. Founders Chris Heard and Dan Harrison said COVID-19 disrupted a sales pipeline built around restaurant chains. They redirected sales toward technology companies and adjusted the product for restaurant customers seeking to reduce IT spending.
Retrocausal
Seattle
Described computer-vision software for front-line worker training, task guidance and analytics based on recorded physical activity. Founders Zeeshan Zia, Quoc-Huy Tran and Andrey Konin said U.S. factory closures slowed sales. They were helping manufacturers create “Safe Return to Work” playbooks with dashboards for social-distancing and PPE practices.
Shotcall
Atlanta
Connected content creators and influencers with fans in streams or games. Founders Thomas Gentle, Gordon Li and Riley Auten said they were reaching out to professional athletes and others whose public-facing careers were on hold, proposing that they play games with fans.
Spyn Pay
Seattle
Described a consumer credit card intended to support wealth-building and responsible spending. Founder Steve Strauch said the company was prioritizing features for debt reduction, savings and bill paying amid the downturn.
Yave
Seattle
Described connected commerce for long supply chains, using coffee as its market example. Founders Scott Tupper, Nicola Claxton and Dan Carlson said the company was supporting Seattle coffee-business partner Onda Origins with working-capital loans during the crisis.
Zendoc
Seattle
Described an AI assistant that found contracts in services including Gmail, Office365, DocuSign, Box and Dropbox, then organized them in a searchable repository with alerts and reminders. Founders Laurent Lathieyre and Olivier Colle said their distributed, lean, pre-revenue team experienced only slight operational impact.

How the pandemic affected the startups

The accounts show no single cohort-wide business response. Exposure to travel, restaurants, factories and in-person work shaped what founders said they needed to change. Some reported demand loss or a disrupted sales pipeline; others described an early launch, a new service, feature priorities or relatively little operational disruption.

Demand losses and sales changes

Caravel anticipated that customers in severely affected industries might churn, and shifted its acquisition focus. Olive Technologies said the restaurant-chain pipeline had been disrupted, prompting a sales redirection and product adjustments. neu reported that travel’s collapse removed demand for its vacation-rental cleaning platform, leading it to offer deep cleaning in other settings. Retrocausal said factory closures slowed sales.

New or accelerated offerings

Introwise brought its online coaching service to market earlier than planned. neu adapted its cleaning work to homes, offices and commercial properties. Retrocausal described support for manufacturers planning workplace returns. Shotcall explored connecting fans with athletes and other public figures through games. These were reported plans and responses in April 2020; the article does not establish their later outcomes.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Changed priorities and limited disruption

Spyn Pay said it was emphasizing debt reduction, savings and bill payment. Yave described working-capital support for Onda Origins. MD Ally said it was working with public-safety leaders on virtual-care triage and preparedness. Zendoc’s founders reported only slight operational impact on their distributed team.

What the 2020 report said about Techstars Seattle

GeekWire reported that Techstars had 50 programs worldwide at the time. It said Techstars Seattle had graduated 100 companies over the preceding decade and that alumni Remitly, Outreach, Skilljar, Bizible, Leanplum and Zipline had collectively raised more than $700 million in investment capital. These are figures reported in 2020, not current totals.

Rank #4

The story also relayed Bloomberg’s comparison of 44 Silicon Valley startups funded in the previous month with 126 in January. That comparison was attributed to Bloomberg through GeekWire, not presented as an original GeekWire count.

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

Source and timeframe

The cohort descriptions, founder accounts, program details and figures above come from Taylor Soper’s April 21, 2020 GeekWire report, “Techstars Seattle: Meet the latest cohort as founders and accelerator adapt amid the pandemic.” The report captures a specific early-pandemic moment; it does not establish whether the companies, products or accelerator arrangements remain active today.

What’s actually slowing this PC down?

Pick the symptom - the matching free tool is one click away.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Crashes, No Sound, or Screen Glitches?Free driver scan
PC Slower Than It Used to Be?Free scan - under a minute

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.