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Techstars is an elite start-up accelerator with 18 programs in 14 cities throughout the U.S and Europe. Founded in 2006, Techstars was recently recognized by a joint Kaufman Fellows and Kellogg School of Management Report as the #1 accelerator program in the world. The Techstars philosophy focuses on deep mentorship and surrounding a small number of companies with highly engaged members of the entrepreneurial ecosystem to coach and support them to success. Iron Gate Capital invested in two funds associated with the Techstars accelerator: “Star Power Partners II”, which invests Seed capital as convertible bridge financing in a vast majority of Techstars companies; and “Techstars Ventures 2014”, which invests Series A and B venture capital in a select number of Techstars program graduates as well as interesting companies around the Techstars ecosystem.