Entrepreneurs Roundtable (ER) is an accelerator based in New York, USA that focuses primarily on helping early-stage startups transform their ideas into viable businesses. Typically, it provides these startups with small amounts of seed money, usually in the range of $100,000 for 8% equity, along with a work space, and a three month program providing intensive mentorship in areas such as product development, marketing strategy, and legal advice.
Since its inception in 2007, ER has run 16 batches and has so far invested in more than 160 companies. These companies have gone on to raise over $350M in subsequent rounds of financing from top VC firms. Companies accelerated by ER operate in a spectrum of industries including but not limited to Fintech, Healthcare, E-commerce and media.
One successful example of a startup accelerated by ER is Bowtie.ai. In 2018, it announced a seed round of $2.8M, following its acceptance into ER’s sixth accelerator batch. Another example is Summer, a startup designed to assist student loan borrowers which graduated from ER in 2019 and has since raised a Series A round of $10M.
ER also hosts a series of free monthly events, Entrepreneurs Roundtable events, where founders can pitch to an investor who provides feedback. These events have garnered popularity and offer networking opportunities to entrepreneurs outside the accelerator program.
A particular initiative of note from ER is the Entrepreneurs Roundtable Japan. This is a bi-annual, one day event designed to help Japanese entrepreneurs and startups learn from successful US entrepreneurs and connect with US investors.
One of the key people associated with ER is Murat Aktihanoglu, a successful entrepreneur, author, and investor who is the managing director of the accelerator. He is known for his active contributions to the NY startup ecosystem and is a mentor at many organisations including Techstars and ERA.
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