Transforming your founder
Journey from zero to one
"Sputnik” means partner - and we mean it. We show up early, stay hands-on and go the distance with you
Sputnik ATX VC back bold founders outside Silicon Valley and help them go from gritty to great. Startup bootcamp includes sales training, traction building, and a cohort of sharp founders pushing each other to win. We call it an accelerator. You’ll call it the moment things started to click.
HOW WE INVEST
Your ideas, brought to life with clear strategy, creative design, and flawless execution rooted in transparency
Investment
Terms of 30% discount
Investment Options
Hear from the founders we’ve backed
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3D - MOTION - DESIGN - BRANDING - WEBFLOW
3D - MOTION - DESIGN
All Sputnik ATX VC companies in the accelerator program receive investment on our SAFE note. The idea of a “SAFE note” comes from the YC funding model. YC is a great accelerator program, and their note was originally developed to avoid wasting time negotiating valuation when funding large groups of companies in cohorts.
Similarly, the Sputnik ATX VC SAFE note enables us to focus on adding real value to what you do, and we agree to figure out the value later when you raise additional funds in your next formal funding round
HOW WE INVEST
Your ideas, brought to life with clear strategy, creative design, and flawless execution rooted in transparency
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Explore the answers to common queries, and if you don’t find what you’re looking for, our support team is always ready to assist you.
👩 Top ranked woman-owned and woman-led VC / accelerator
💡 Industry-agnostic - just look at our portfolio, it shows!
🌱 Pre-seed ($100K check size with up to $400K in follow-on funding)
📈 Growth focused - we only make money when founders make money. No fees
🤠 Texas based - apply from anywhere if you want to be here
👏🏻 Our portfolio of founders is diverse. Talent doesn't have a singular "look".
Each startup in our main program receives a $100,000 investment from Sputnik ATX and up to $400,000 more in follow-on funding. No fees.
We host our application through a third party, Gust.com, so Sputnik staff is notable to help with technical difficulties. Please email support@gust.com
The SAFE document states that the "discount rate" is 70%.
To persons unfamiliar with legal documents and their particularlyindecipherable vernacular, this appears at first blush to be bait and switch onthe stated 30% discount rate.
The discount price is: 70% X the Standard Preferred Stock sold in EquityFinancing. Basically, it says 70% because that is the multiplier needed to endup with a 30% discount.
Yes, when in doubt, apply with what you've got. Proper formation / registrationjust has to happen before the program starts and is not necessary for theapplication. We require that our startups are registered as Delaware C-corpsbefore we wire funding. For now, fill out the SAFE with your currentregistration. If your startup is selected we will help you work it out.
Applications for the Summer cohort are due around June 25th. We'll have 2cohorts per year; Winter applications will be due around December 25th.
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