StartFast is modeled after the highly successful TechStars program and we expect similar results.
StartFast managing directors have invested in and mentored the following 7 companies which have grown through the recent economic downturn. We have also actively helped them raise 10x the amount of our original seed investments (currently over $30,000,000 and increasing).
|Paper Battery Company||2009||$300,000||Yes||Active|
|PharmAdva||2011||$150,000||Yes||2012 Exited at 1x|
Four of Chuck Stormon’s entrepreneurial efforts have resulted in exits totaling $101 million.
Our first class of StartFast companies in 2012 has to date had the following results:
|StartFast 2012 Company
||Date||StartFast Investment||Raising Funding?