Company Overview

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Founded:
January 1, 2007
Founders:
Billy Chasen, Andrew Weissman, John Borthwick
Employees:
10
Headquarters:
New York, NY
Funding:
$47.5M
Categories:
Collaboration, Coworking, Social Media
Description:
betaworks is a startup studio. Building and seed investing in next generation internet companies.

Detailed Description

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Founded in 2008, betaworks is a company of builders. A tightly linked network of ideas, people, capital, products and data brought together in imaginative ways to build out a more connected world. At first glance we seem to do many things. But first and foremost, we're builders, seeking to create a more sustainable innovation model. The more we build, the more we learn, the more we get ideas for peripheral things, all related, connected -- in a loosely coupled network of products and companies.

betaworks is structured as a company-- a single company that owns larger pieces of the things it has built and smaller pieces of the things it has invested in. It operates as a network: a tightly linked network of ideas, people, capital, and data united to build out a more inspired and useful connected world. betaworks makes seed-stage investments in this ecosystem. To us, seed investing means "first money in." Our typical investment size is $150,000-200,000. We always invest as part of a syndicate of angels and early stage VCs. Our requirements from an investment perspective are simple, though narrow. Investments must be early stage, heavily tech focused, and have a working (public or private) prototype. We are a powerpoint-free zone.

We build and work closely with companies that we view as core to our vision, examples include: Summize/Twitter Search, bitly, [TweetDeck](www.crunchbase.com/company/tweetdeck), Chartbeat. And more recently, Digg, Dots, [Giphy](www.Giphy.com) and [Instapaper](www.crunchbase.com/company/Instapaper), which betaworks acquired in April of 2013. We attract the kind of people who could start their own company, but they don't necessarily want to run a company. They'd rather be the co-founder of eight things than tied down for years as the sole founder of one. They'd rather build.

Current Team (19)

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Past Team (19)

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Investments (103)

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Board Members and Advisors (12)

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Acquisitions (4)

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Investors (18)

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Offices/Locations (1)

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  • betaworks

    416 W 13th Suite 203

    New York, NY 10014

    USA

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Images (2)

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  • 16ca346a6fcc24b314df0df4adc20e84