With Boston-based EverTrue raising $5.25 million today, the 2011 class of the TechStars Boston accelerator program has now attracted more funding than any other class. Still a close second is the 2009 Boulder class, and in third place is New York City's winter 2011 class.
"Obviously, dollars raised isn't a great indicator of success. We need to work towards dollars returned to investors," says EverTrue founder Brent Grinna, right. His company helps schools stay in touch with alumni — and ideally, collect more donations from them.
2011 was the year, incidentally, that Katie Rae and Reed Sturtevant took over stewardship of TechStars Boston, which is actually based in Kendall Square.
Here's what the funding totals look like:
(This chart was supplied by EverTrue, using data from TechStars. One note about Boulder 2009: $27 million of its total went to a single company, the e-mail delivery service SendGrid.)
About Scott Kirsner
Scott Kirsner was part of the team that launched Boston.com in 1995, and has been writing a column for the Globe since 2000. His work has also appeared in Wired, Fast Company, The New York Times, BusinessWeek, Newsweek, and Variety. Scott is also the author of the books "Fans, Friends & Followers" and "Inventing the Movies," was the editor of "The Convergence Guide: Life Sciences in New England," and was a contributor to "The Good City: Writers Explore 21st Century Boston." Scott also helps organize several local events on entrepreneurship, including the Nantucket Conference and Future Forward. Here's some background on how Scott decides what to cover, and how to pitch him a story idea.
Subscribe via e-mail
More from Scott
December 9: Web Innovators Group
Demos of new mobile apps and web ventures at the Royal Sonesta Hotel in Cambridge. Free admission; cash bar.
December 10: Fintech Demo Day
Short demos from startups in the financial technology realm.
December 11: Unpitch
Entrepreneurs and investors sit down for lunch, advice, and feedback. Entrepreneurs must apply to participate.