As we kickoff 2017, Popwallet is happy to announce that we were accepted into the FirstGrowthVC Accelerator program run by Lowenstein Sandler.
FirstGrowthVC is not a traditional startup accelerator in that they don’t invest money, take equity, or have a demo day. As Pando Daily once wrote, “If anything, it’s more of a community than an accelerator, a way to keep a strong network of alumni, mentors and investors connected.” Program alumni include companies such as Venmo, Birchbox, BaubleBar, and Adaptly.
The program focuses specifically on company founders and the challenges we face when starting a company, and provides a safe place for us to ask questions, share ideas, and learn from our peers lessons both good and bad. Popwallet founder and CTO Wes Biggs is excited to join: “FirstGrowth has an impressive track record of not only spotting exciting young companies like Popwallet, but also building a powerful community of entrepreneurs, advisors and venture capital firms. These are resources that I'm confident will give us an advantage as we take on the rapidly growing adoption of and marketing demand for mobile wallet solutions.”
David Bustos, founder and head of engineering, is also looking forward to networking with engineering leads from program participants and sharing best practices that are unique to early stage technology companies like ours.
Popwallet is part of the “9th Vintage” of FirstGrowth companies, which is another way of saying that the fine people running the accelerator are huge wine geeks. Wine themes permeate the program and that’s just fine by us - after a long day of sessions, speakers, and panels when it’s time to mingle with VCs, there’s nothing better than to do so with a delicious Pinot Noir in hand.
Being accepted into FirstGrowthVC is a great endorsement for our company and we’re proud to work alongside some of New York’s best tech entrepreneurs and alumni through this program, and look forward to the opportunities it will provide in 2017 and beyond.