Two fintech startups graduate from Microsoft Accelerator

Source: Microsoft

Today, 30th June, in London, a new cohort of the UK’s most dynamic and exciting high-technology start-ups graduated from Microsoft Accelerator London’s 14-week programme.

The £100m company line-up pitched to corporate investors, Microsoft Clients and VCs in a bid to secure Series A funding.

During the last quarter the Microsoft Accelerator team have been mentoring the 11 digital companies on a 1:1 basis, delivering comprehensive technical audits in addition to providing the knowledge, expertise, tools and resources to build sustainable businesses and attract customers.

Microsoft Accelerator is a global initiative designed to give innovators the help they need to make the transition from start-up to large-scale enterprise. The program is a short cut to success; Participants gain access to Microsoft’s global network, $0.5m of cloud technology, and dedicated office space in London.

The accelerator, led by CEO in Residence, Warwick Hill, has established itself as a fiercely successful mentoring program in London’s tech scene where innovators can develop their ideas without giving up equity. Warwick Hill said:

“Microsoft Accelerator is here to make good companies great. We know what investors are looking for - we get start-ups fighting fit and ready for series A. We stand out from the crowd because we don’t take equity and start-ups aren’t required to build MS tech into their products.

“By the end of the programme, start-ups are pitch-ready for series A. We provide on-going support, and actively seek to introduce potential customers and partners to one another. Following 14 intense weeks, we provide quarterly reviews as part of our alumni program as well as support throughout the Microsoft ecosystem.

The next round of applications is now open. Apply before 31 Jul to Microsoft Accelerator London

“We are looking for digital technology start-ups from a whole range of industries, from FinTech to personalised medical technology to big data management and everything in between”. He added, “applications close on 31 July, so get in quick!”
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