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, Chartbeat. And more recently, Digg, Dots, Giphy and 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.
Funding Rounds (3) - $47.5MUpdate
Current Team (14)Update
|Jul 5, 2016||Betaworks Ventures 1.0||Unknown Amount|
Sub Organizations (1)Update
|Sep 22, 2016||TechCrunch - Scale Model, the betaworks-backed tool for audience targeting, goes self serve|
|Aug 23, 2016||TechCrunch - Pinterest acquires Instapaper, which will live on as a separate app|
|Jul 16, 2016||FinSMEs - NYC-based Startup Studio Betaworks Launches $75M Fund|
|Jul 15, 2016||Business Insider Australia - More than 140 tech leaders agree: 'Trump would be a disaster for innovation'|
|Jul 14, 2016||CNBC - An open letter from technology sector leaders on Donald Trump’s candidacy for president|
|Jul 14, 2016||Venture Beat - Pinterest acquires the team behind mobile apps Highlight and Shorts|
|Jul 14, 2016||The Verge - Dots & Co is a chill phone game in a no chill world|
|Jul 5, 2016||Venture Beat - Apple’s unexpected approach to bots|
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