January 25, 2018
Allstacks, an NC IDEA LABS alumni and NC IDEA SEED grant recipient, is back in class at Techstars Austin for the next 13 weeks. Chosen from a pool of over 1,000 applicants, Allstacks joins nine other companies in Techstars Austin’s sixth accelerator class in their new downtown space. The companies will benefit from mentor engagement and fundraising preparation in a city with a rich tech community and robust investor network.
Allstacks, led by CEO Hersh Tapadia and CTO Jeremy Freeman, quantifies productivity of software engineering by providing managers additional visibility into team performance.
“Being a part of NC IDEA LABS and NC IDEA SEED has provided us the critical structure and process around customer discovery and validation allowing Allstacks to gain traction, said Hersh Tapadia, CEO at Allstacks. “The network and support we’ve built in the Triangle have been essential to our company’s success. Spending a few months in Austin will allow us to establish new connections and insight that will help accelerate our company’s growth.”
“Hersh and Jeremy have been doing all the right things to identify a real customer problem,” said John Austin, Senior Director at NC IDEA. “And now that they have landed on a product with some traction, Techstars will be a great place for them to take the next step,” he added.
Allstacks is in good company and will be working closely with a unique cohort during their time in Austin that includes six companies from the Carolinas (one other Triangle colleague), with seven of the ten led by minority or female founders.
Allstacks joins two other NC IDEA SEED grant recipients that have participated in recent Techstars’ cohorts. The Wed Clique, a platform for wedding venues to sell curated vendor packages to their clients, attended Techstars Austin in 2017. Ampogee, gamifying manufacturing by engaging and motivating employees to achieve operational excellence, participated in the inaugural class of Techstars Kansas City in the Summer/Fall of last year.
Written by NC IDEA Director, Andrea Cook