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Navigate Accelerator isn't accepting new investments

Navigate Accelerator’s deadline was February 3, 2023

Follow the company to stay updated on their progress, including future investment opportunities


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Campaign ended
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Navigate Accelerator

The future of startup acceleration, backed by Google for Startups
Latinx Founders SaaS Marketplace Finance
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$28,551
Raised
70
Investors
Successfully funded and closed on February 3, 2023.
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Pitch Updates 4 Reviews 14
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Closed on February 3, 2023. Information may not be up-to-date. Campaign closed on February 3, 2023. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Founders and advisors
About Team

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Navigate Partners, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Navigate Accelerator Crowd SAFE Navigate Accelerator Form C .pdf
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Hear from some of the 70 people reserved or invested in Navigate Accelerator


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Highlights


  • A new kind of accelerator that can accept all entrepreneurs
  • Personalized 1:1 support—no one-size-fits-all programming
  • Build a roadmap from startup to exit with a Growth Action Plan
  • 100+ satisfied founders, with more joining weekly
  • $423k ARR in 14 months
  • Providing a vetted and diverse deal flow for VCs

Problem


Early-stage entrepreneurs can't get the support they need to be successful

Top accelerators and support programs reject 90% of founders. Due to their model of small cohorts in group sessions, they inherently have a limited capacity.

Unfortunately, this means many great founders and entrepreneurs get left out. The lack of support directly correlates to the statistic that 90% of startups fail. We believe this failure rate is unacceptable.

Solution


A scalable accelerator that bridges quality with accessibility

Our scalable platform provides 1-on-1 time with dedicated Advisors and digital tools. There is no limit to the number of entrepreneurs we can help succeed.

Instead of taking equity from the early-stage entrepreneurs, we offer bootstrap-friendly pricing that makes it easy for all founders to get the support they need. This model creates a sustainable program that does not rely on choosing "only the best" founders.

Each Entrepreneur gets a custom program based on their stage and industry—as opposed to the standard one-size-fits-all programming that most programs offer.

Product


The platform & processes that turn advice into action

Over the past few years we've developed our Growth Action Plan Framework. This is a keystone of our platform and a big reason why our founders get so much more from our program.

Founders at any stage work with a dedicated advisor to build a game plan using proven frameworks for their success.

After that, regular weekly meetings with their advisor create accountability, provide ongoing support, and keep them on track for their milestones.

In addition, advisors are trained on our platform and software to ensure consistent quality across all advisors.

In addition the Growth Action Plan, each founder gets access to our Startup Toolkit—which includes on-demand content and templates to work through in between advisor meetings.

Traction


Over 100 satisfied founders and strong recurring revenue

We've already worked with over 100 founders, and startups in our program have raised over $10M*. In addition, we've reached $423k in annual recurring revenue and we have new entrepreneurs joining weekly*.

We've built a proven acquisition funnel through scalable channels like Instagram and Google. Our customer acquisition cost is roughly $900 and generates a lifetime value of $5,134.

*As of March 15, 2022

*As of September 20, 2021

Click here for important information regarding Financial Projections which are not guaranteed.

Customers


Helping a diverse group of entrepreneurs at the earliest stages of their journey

Our founders love us.

"It's like having a personal trainer for your startup."

"This accelerator was a game changer! Every week, my startup advisor explained the rules of the startup game like no one has before."

While other programs reject startups based on stage, revenue, number of founders, and other features they think will affect success, we believe all founders should have access to support at any stage.

—

Our accessibility has lead to a diverse group of entrepreneurs in the program.


Business model


Subscription-based marketplace

We use a subscription-based membership model. Our average member pays $1,100 per month to be part of the program, but we have options that start as low as $150/mo.

We can scale because we operate as a marketplace. Navigate connects vetted, trained and experienced advisors with passionate entrepreneurs. This creates a gig economy for advisors looking to help early-stage entrepreneurs.

Market


1.5M new entrepreneurs start every year

More people are choosing entrepreneurship than in previous years. The ongoing wave of entrepreneurship is reshaping the U.S. economy.

Now is the time for a new leader in the early-stage startup space. One that doesn't reject 90% of these new entrepreneurs.

Over 4 Million new businesses are created every year. In 2020, 1,520,000 of those businesses were created by new entrepreneurs.


Competition


Existing programs are not accessible or affordable

Equity Accelerators

Equity accelerators are the most popular. They connect entrepreneurs with the advisors, frameworks, and capital they need, and they have strong success rates. The problem is that they accept less than 4% (less than 2% for the popular ones), which leaves the 96% of rejected entrepreneurs without the support they need.

In addition, the amount of equity they take (7%–10%) in the member startups is often seen as too high and not worth the results delivered by the program.

Paid Accelerators

Paid accelerators exist as well. They allow entrepreneurs to keep their equity, but often come with a price tag between $6,000–$20,000. This is simply not affordable for most early-stage founders.

Furthermore, these programs end in 3–5 months—leaving the entrepreneurs back to fend for themselves.

Non-profit/Charity Accelerators

Non-profit and charity accelerators can be a great option for entrepreneurs to learn the basics and make connections in the early stages, but these usually end in 3–5 months and rely on volunteer mentors to deliver the support. This results in mixed-success outcomes for entrepreneurs who participate.

Vision and strategy


Becoming the go-to option for all entrepreneurs building the next big thing

We are on a mission to make successful startups truly accessible

  • We believe everyone deserves a chance at startup success
  • We believe the human connection is irreplaceable
  • We believe founders (not accelerators) should decide how much their equity is worth
  • We believe support doesn’t have a graduation date
  • We believe entrepreneurs need the most support at the earliest stages

Founders and advisors


An experienced team committed to helping entrepreneurs succeed

Deal terms


Valuation cap

$8,500,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for Navigate Accelerator occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Navigate Accelerator is accepting.
Learn more

Maximum investment

$250,000

The largest investment amount that Navigate Accelerator is accepting.
Learn more

Funding goal

$1.24M

The maximum amount the offering can raise is $1.24M.
Learn more

Deadline
Navigate Accelerator needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Nominee Lead

Chief Executive Officer of the Company (currently Pedro Sostre)

Will direct the Nominee on certain matters like voting, amendments and conversions affecting the security.
Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Navigate Partners, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Navigate Accelerator Crowd SAFE Navigate Accelerator Form C .pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Navigate Accelerator.
18 investors
Invest
$250
Receive
  • Receive a pitch deck or website tear down by Navigate CEO, Pedro Sostre.
  • Limited (32 left of 50)
2 investors
Invest
$500
Receive
  • Receive 1 year access to our Navigate Startup Toolkit platform.
  • Limited (48 left of 50)
1 investor
Invest
$1,250
Receive
  • Receive 10% off all standard Navigate packages.
  • Limited (49 left of 50)
2 investors
Invest
$2,500
Receive
  • Receive a 2-month advisory membership which you can use for yourself or share with your favorite entrepreneur.
  • Limited (48 left of 50)

About Navigate Accelerator

Legal Name
Navigate Partners, Inc.
Founded
Aug 2020
Form
Florida Corporation
Employees
0
Website
navigateaccelerator.com
Social Media
Headquarters
Google Map location of of Navigate Accelerator
400 Northwest 26th Street , Miami, FL
Headquarters
400 Northwest 26th Street, Miami, FL, United States 33127

Navigate Accelerator Team
Everyone helping build Navigate Accelerator, not limited to employees

Profile picture of Pedro Sostre
Pedro Sostre
CEO, Co-founder
Profile picture of Andres Vallejo
Andres Vallejo
COO, Co-founder
Profile picture of Susan Cunningham
Susan Cunningham
Lead Advisor
Profile picture of Angel Lacret
Angel Lacret
Advisor
1 more team member
Pedro Sostre
CEO, Co-founder
Andres Vallejo
COO, Co-founder
Susan Cunningham
Lead Advisor
Angel Lacret
Advisor
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Navigate Accelerator

Navigate Accelerator successfully raised $28,551 from 70 investors on February 3, 2023
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Profile picture of Desiree Vargas Wrigley
Profile picture of Desiree Robertson
Profile picture of Furaha Bryant
Profile picture of George Andrew Simons
Dominick, Desiree, Desiree, Furaha, George Andrew, and 65 others invested. 14 Reviews
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