Betaworks Camp is an innovative program designed to support startups, especially those exploring frontier technologies like AI. It combines investment, mentorship, and collaborative experiences to foster growth in early-stage companies.
Betaworks Camp is driven by a mission to empower startups in developing cutting-edge technologies. The primary focus is on supporting companies that navigate through emerging tech landscapes. Betaworks aims to be a catalyst for innovation by providing necessary resources and guidance. The vision is to build a robust community where startups can grow alongside like-minded innovators. Focused investments help foster groundbreaking advancements, ensuring startups have the backing needed to succeed in highly competitive fields.
The structure of Betaworks Camp is uniquely designed to facilitate startup growth. This 13-week in-residence accelerator program offers a blend of mentorship and investment for emerging tech companies.
Participants have access to the Betaworks team and industry leaders, providing comprehensive support in various fields, including product development and fundraising.
Camp activities are thoughtfully curated to meet the unique needs of startup development. This structure encourages close collaboration, allowing for tailored programming, events, and activities that directly benefit participating companies.
Each cohort at Betaworks Camp includes 8-10 companies selected for their potential in frontier technologies. Diversity within cohorts is prioritized, enhancing the range of ideas and solutions explored.
Companies in the "Agents Cohort" tackle areas like AI and machine learning, focusing on innovative strides in these domains. The AI-centered approach aligns with Betaworks' history of investing in AI since 2016.
The balanced composition of each group fosters an environment where creative solutions thrive, driven by interactions among startups at the forefront of technology.
Betaworks Camp Incubator offers various programs focused on emerging technologies. These initiatives support startups by providing resources, funding, and mentorship from industry leaders. Participants gain access to unique opportunities to develop their products and strategies.
AI Camp focuses on supporting early-stage companies leveraging artificial intelligence. It provides $500,000 in funding to foster innovation in new AI applications.
Emphasizing the development of native AI software applications, participants can explore machine learning, agents, and synthetic media. The program also highlights the importance of creating tools that augment human cognition and improve workflows.
Botcamp is designed for startups developing bots and middleware solutions. These tools often integrate into existing platforms to enhance user experiences and automate processes.
Participants work on refining programming strategies to create adaptable, efficient bot solutions. This initiative helps startups navigate the complexities of middleware, ensuring that their products are ready for market entry.
Voicecamp is an initiative aimed at advancing technologies involving voice recognition and voice-activated applications.
Startups participating in Voicecamp focus on generative AI and its application in voice technology. They work on improving machine learning algorithms and developing tools that enhance voice-driven user interfaces.
Voicecamp provides a platform for creating applications that harness the potential of voice as a primary interface.
Visioncamp targets startups specializing in computer vision and related technologies. The program encourages innovation in vision-based applications by supporting projects that improve visual data processing and analysis.
Visioncamp participants explore areas like augmented reality, enhancing user interactions with digital content. This initiative supports the creation of applications that can interpret and interact with visual inputs efficiently.
Audiocamp is an initiative focused on startups working with audio technology. It provides guidance on developing applications that utilize sound in innovative ways.
Participants explore technologies such as generative AI to create new ways of interacting with sound. Audiocamp supports startups in building applications that integrate audio into various aspects of user experience and communication.
Betaworks Camp provides a robust framework for startups, including personalized mentorship, resources for product development, and assistance with investment strategies. This creates an environment where emerging companies can thrive and reach their full potential.
Betaworks Camp offers direct access to experienced mentors who provide strategic insights and feedback. These mentors help startups refine their business models and achieve product-market fit.
Through regular meetings and one-on-one sessions, founders gain valuable advice on scaling their businesses effectively. Guidance extends to networking opportunities with industry experts, which further aids founders in navigating challenges and seizing opportunities within their market.
Mentorship is tailored to address individual startup needs, ensuring that each company receives focused support essential for their unique journey.
Startups benefit from structured product development programs designed to accelerate innovation. Betaworks Camp equips teams with resources to advance their technological capabilities and improve user experiences.
The camp promotes rapid prototyping and iteration cycles, pushing startups to refine their products through real-world testing. Collaboration with peers and technicians fosters a creative environment that encourages problem-solving and breakthrough ideas.
With access to a network of developers and designers, participants are better positioned to build robust, scalable products that meet market demands efficiently.
Betaworks Camp aids startups in securing crucial funding through a combination of initial investments and strategic advice.
Selected companies receive up to $500,000, which serves as a foundation for further growth and development. Participants are educated on effective fundraising techniques and the nuances of structuring deals, including crafting a Safe Note to attract additional investors.
Betaworks also provides connections to a wide network of venture capitalists and angel investors, increasing exposure and opportunities to secure further funding. This comprehensive support system gives startups a competitive edge in capital acquisition.
The application process for the Betaworks Camp program is straightforward and competitive. Founders interested in participating can apply online, and applications are reviewed on a rolling basis. Priority is given to those who submit early.
The final deadline for applications is typically set around mid-January, and the program begins in February.
Applicants are evaluated based on their potential to innovate within the chosen themes of the program, such as AI or frontier technologies. Betaworks invests in 8-12 companies per cycle, focusing on pre-seed and early-stage ventures with disruptive ideas.
Selected entrepreneurs gain access to the Betaworks network and resources over a 13-week in-residence program. During this period, they work closely with industry leaders on product development, branding, and fundraising. This experience helps them build a strong foundation for their companies.
The program concludes with a Demo Day where startups present their progress to potential investors and industry experts. This event is an opportunity for founders to showcase their growth and attract additional support.
Betaworks Camp cultivates a strong network that extends into the NYC tech ecosystem, fostering collaboration and connection within its community. This culture supports startups by providing essential opportunities to engage with co-investors and leverage an advanced AI stack.
Located in the heart of New York City, Betaworks Camp is well-positioned within a vibrant tech ecosystem. The city is a hub for innovation, attracting talent and investment from around the globe.
This strategic location offers entrepreneurs access to a diverse pool of potential collaborators, partners, and resources.
Startups benefit from proximity to major financial institutions, media companies, and a range of tech firms. Additionally, the city's diverse market presents opportunities for testing and fine-tuning products in a real-world setting. Being part of the NYC tech ecosystem provides startups with the leverage to scale quickly and efficiently.
Betaworks places a strong emphasis on fostering collaboration and networking. It offers structured opportunities for startups to interact with co-investors, industry leaders, and fellow entrepreneurs.
This interaction helps build valuable relationships and facilitates knowledge exchange, a cornerstone for innovation.
Networking events and mentoring sessions are organized regularly to bring together various stakeholders in the tech community. Such initiatives support the growth of startups through shared insights and experiences.
The emphasis on collaboration is further enhanced by access to an advanced AI stack, which equips entrepreneurs to build and refine their cutting-edge solutions.
Betaworks Camp is at the forefront of supporting startups that are leveraging cutting-edge technologies. The focus is primarily on AI-driven advancements, encompassing multiple areas such as machine learning platforms, infrastructure, and new AI tools.
Betaworks Camp provides significant support to companies working in the AI and machine learning space. Their program aids in the development of sophisticated AI models and innovative solutions that harness the full potential of generative AI.
Companies selected for the camp benefit from expert guidance in exploring AI applications that improve human workflows and efficiency.
The focus is on practical applications in the real world, assisting startups to transform theoretical AI concepts into viable products. The camp emphasizes agentic AI, which is particularly impactful in automating and enhancing decision-making processes.
Industry leaders are involved to provide insights and mentoring, enabling startups to fully capitalize on AI and machine learning technologies.
A robust infrastructure is critical for AI development, and Betaworks understands this well. They offer support in building and optimizing infrastructure that supports accelerated compute requirements.
This ensures startups can efficiently train and deploy their AI models, an essential aspect for rapid prototyping and scaling.
Startups are given access to state-of-the-art tools and platforms that streamline AI development processes. This includes everything from data handling to advanced analytics, ensuring that new solutions can be developed with durability and scalability in mind.
The program helps equip startups with the infrastructure to manage large datasets and complex computations, which are crucial for machine learning tasks.
The camp places a strong emphasis on nurturing emerging AI technologies. This includes generative AI, which creates new content and ideas, and agentic AI for automation and intelligent systems.
An example of technology support at Betaworks Camp is the focus on collaborations with platforms like HuggingFace, which are integral to AI advancements.
Stability AI is another area of interest within the program, helping startups stabilize and secure AI deployments.
By investing in emerging technologies, Betaworks Camp positions its cohorts to be leaders in the AI space, ready to tackle future challenges with efficiency and innovation. This proactive approach ensures that the startups are not only relevant today but also prepared for tomorrow’s technological shifts.
Betaworks Camp has played a pivotal role in shaping startups by offering strategic guidance and resources. Their focus on innovation and growth has led to successful alumni and a positive industry reputation.
Betaworks Camp has helped many startups transform ideas into successful ventures.
Notable achievements include startups like Plastic Labs leveraging AI and data for creative solutions. The incubator's backing often includes a significant check size, facilitating extensive development.
Companies in the portfolio benefit from Betaworks' expertise in augmentative AI and personalization, translating into unique, groundbreaking product features. Insights into marketing and attribution ensure these companies maintain a competitive edge and reach their potential audience effectively.
Graduates from Betaworks Camp often achieve impressive growth metrics.
The structured support helps startups like Bunch expand their market presence rapidly.
By focusing on personal development and leadership, entrepreneurs learn to scale their ventures sustainably.
Access to Betaworks' networks further fuels growth, enabling collaborations with industry leaders and potential investors.
This sustained expansion underscores the program's effectiveness in preparing young companies for the competitive landscape.
Betaworks Camp impacts the technology sector by fostering innovation.
It has been at the forefront of trends, such as augmentative AI and personalization, influencing broader industry standards.
Their focus on AI applications has set benchmarks in product development techniques.
As Betaworks continues to invest in AI-driven initiatives, its participants often lead in market innovation, ensuring Betaworks remains a significant influencer in tech-driven entrepreneurship.
Betaworks Camp Incubator provides structured support for startups through various stages of development.
This includes focusing on specific types of startups, offering detailed application processes, and supplying a range of resources. It also connects startups with Betaworks Ventures for further opportunities.
Betaworks Camp generally focuses on incubating startups in the tech industry, particularly those involved with frontier technologies.
This includes areas such as artificial intelligence and audio innovation. More information about this focus can be found through visiting Betaworks’ official website.
To apply, startups typically need to fill out an application available on the Betaworks Camp page.
Applications often require details about the startup's mission, team, and technology focus. This process is designed to assess the startup's potential to thrive in Betaworks’ structured environment.
The program at Betaworks Camp typically lasts for 13 weeks.
During this time, startups receive intensive mentoring and support to develop their products and strategies. This structured timeline provides a focused environment aimed at helping startups reach critical milestones.
Betaworks Camp offers a variety of resources, including one-on-one mentorship, tailored programming, and strategic events.
Startups also receive assistance with product development, data science, and branding. These resources are designed to enhance the startup's growth potential significantly. More about Betaworks' programs is detailed on their Render home page.
Betaworks Ventures often acts as a financial supporter and mentor to startups in the Camp Incubator.
This relationship aims to foster growth and provide further investment opportunities. The collaboration helps startups to secure both financial backing and strategic guidance.
Past cohorts have successfully launched products and secured substantial funding post-incubation. Success metrics typically include product launches, user acquisition growth, and follow-on funding from investors.
Founder Exclusive Deal:
Up to 3,500 bonus and 3% cash-back on all card spend [3], 6 months off payroll, and 50% off bookkeeping for 6 months, free R&D credit
Get StartedFounder Exclusive Deal: Up to 3,500 bonus and 3% cash-back on all card spend [3], 6 months off payroll, and 50% off bookkeeping for 6 months, free R&D credit
*Every is not a bank. Banking services provided by Thread Bank, Member FDIC. The Every Visa Business Debit Card is issued by Thread Bank, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted.
For Every customers with deposit accounts on Thread Bank, your deposits qualify for up to a maximum of $2,500,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at go.thread.bank/sweepdisclosure and a list of program banks at go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions on the sweep program.”
**Terms and conditions apply to the Cashback rewards program. Cashback earned will be credited to your account daily. ATM transactions, the purchase of money orders or cash equivalents, and account funding made with your debit card are not eligible for Cashback. Please refer to the Rewards Terms and Conditions for more details. No minimum opening deposit or minimum balance required.
***Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://go.thread.bank/sweepdisclosure and a list of program banks at https://go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions regarding the sweep program.
[1]Yield is an annualized 4-week T-bill rate when held to maturity as of [08/21/24] [date must be within the last 7 days] . The rate shown is subject to price fluctuation and is net of fees. T-bills are purchased at a discount to par (par= $1,000), with the price being subject to market fluctuation. The amount of T-Bills available at a particular yield will depend upon the sellers’ offer size; any remaining cash balance after the purchase may not earn the same yield. In general the bond market is volatile, and fixed income securities carry interest rate risk. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income securities also carry other risks, including inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties.
[2]Yield as of [08/21/24]. The SEC yield for a money market fund is calculated by annualizing its daily income distributions for the previous 7 days. You should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. This and other information is found in the fund’s prospectus. Please read the prospectus before investing. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund. Yields fluctuate and past performance is no guarantee of future results.
[3] Atomic Invest LLC (“Atomic”), through a clearing relationship with Pershing LLC (“Pershing”) offers a cash sweep program. Funds in transit to or from Program Banks are generally not FDIC-insured. The Sweep Program is administered by Pershing, LLC. Deposits at each Program Bank are insured by the FDIC up to $250,000 for each insurable capacity. Based on eligibility criteria, the two FDIC-insured programs (“Bank Deposit Programs”) offered are 1) Dreyfus Insured Deposits (DIDI) and 2) Liquid Insured Deposits. Funds deposited into each sweep program, in aggregate, are eligible for up to $2,500,000 of FDIC insurance. The sweep programs can be configured so that once the funds reach one or more Program Banks (up to $250,000 for each insurable capacity at up to ten Program Banks), then the next Bank Deposit Program is initiated. Although certain types of accounts, such as trust accounts may be eligible for additional FDIC insurance based on the number of beneficiaries, funds will be allocated to each Program Bank in such a way that provides up to $250,000 of FDIC insurance for individual accounts and $250,000 of FDIC insurance for trust and other corporate account types, in each case per Program Bank. If clients elect to exclude one or more Program Banks from receiving deposits the amount of FDIC insurance available through the Atomic Invest account may be lower. Clients are responsible for monitoring their total assets at each Program Bank, including existing deposits held at Program Banks outside of the Atomic Invest account, to ensure FDIC insurance limits are not exceeded, which could result in some funds being uninsured. For more information on FDIC insurance please visit www.FDIC.gov. Deposits held in Program Banks are not protected by SIPC. For more information see Pershing’s Terms and Conditions and the Atomic Invest Form ADV Part 2A.
Every, Inc. has an engagement with Atomic Invest, LLC (“Atomic Invest”), an SEC-registered investment adviser, to bring you the opportunity to open an investment advisory account. Investment advisory services are provided by Atomic Invest. Companies which are engaged by Atomic Invest receive compensation of 0% to 0.85% annualized, payable monthly, based upon assets under management for each referred client who establishes an account with Atomic Invest (i.e., exact payment will differ). Atomic Invest also shares a percentage of compensation received from margin interest and free cash interest earned by customers with Every, Inc.. Every, Inc. is not a client of Atomic Invest, but our engagement with Atomic invest gives us an incentive to refer you to Atomic Invest instead of another investment adviser. This conflict of interest affects our ability to provide you with unbiased, objective information about the services of Atomic Invest. This could mean that the services of another investment adviser with whom we are not engaged could be more appropriate for you than Atomic invest. Neither Atomic Invest nor Atomic Brokerage, LLC (FINRA registered broker-dealer and member of SIPC), nor any of their affiliates is a bank. Investments in securities are Not FDIC insured, Not Bank Guaranteed, and May Lose Value. Investing involves risk, including the possible loss of principal.
Before investing, consider your investment objectives and the fees and expenses charged by Atomic Invest and/or Atomic Brokerage. Advisory services through Atomic Invest are designed to assist clients in achieving a favorable outcome in their investment portfolio. They are not intended to provide tax advice or financial planning with respect to every aspect of a client’s financial situation and do not include investments that clients may hold outside of Atomic Invest. For more details about Atomic Invest and/or Atomic Brokerage, please see the Form CRS, Form ADV Part 2A, the Privacy Policy, and other disclosures. Custodial and clearing services are provided to Atomic Invest and Atomic Brokerage by Pershing LLC.
