TribalScale is seeking applications for the second cohort of its Venture Studios program.
TribalScale launched the Venture Studios program in early 2018 with the goal of creating and suppporting startups in the financial services, automotive, media, and travel and hospitality industries.
“We are very pleased with the success of our first cohort earlier this year and the disruptive startups we partnered with,” said Kirstine Stewart, TribalScale’s president and chief revenue officer. “Based on the positive feedback from our corporate partners, we are doubling down our resources for cohort two.”
TribalScale’s first cohort included four startups who received investment, customer introductions, product development resources, business mentors, recruiting assistance, and marketing services. Two of the startups included Mesh and Senso.AI, who TribalScale noted for exploring work with banks.
FinTech startup Every raised a $600,000 seed round, while Troupe raised a $250,000 seed round for its AI platform targeting the transportation industry.
“Entrepreneurs choose to partner with Venture Studios because of our true value-add venture model that supercharges their scaling potential,” said Sheetal Jaitly, TribalScale’s CEO. “In addition to providing equity financing, TribalScale connects startups with decision-makers at Fortune 500 companies, works side-by-side with them to help them build and orient their products to the needs of large enterprises, and provides global distribution capabilities through our offices around the world.”
Applications are open here and include an investment of up to $500,000.
Photo via Unsplash.