Sting Accelerate is for companies with a launched product/service that can show market traction. The deadline for our Spring 2022 programs has passed, but we may consider late applications for a Wildcard final in January – so hit apply!
What others say about us
We've received tremendous support and guidance. With the help from the coaches, we’ve been able to focus on the right things and move rapidly towards our goals.
What Sting really did for us was to help us think bigger, be more ambitious and set higher goals. We brought one of the coaches onto our Board, that’s how much we like them.
It’s super important to have people who can vouch for you, especially in the early stages. Having the backing of Sting made it easier to attract both capital and new team members.
What you get
If you’re ready to ramp up your business and focus on sales, Sting Accelerate could be for you.
With a seed investment of SEK 500 000 from Propel Capital, you don’t have to worry about expenses while in the program. You get access to the 40 business angles backing Propel as well as intros to other investors to help find and attract the right kind of financing.
Together with our partners, we provide you with the right people and resources to grow your business. If you get in, you will have resources like a corporate and the knowledge of a serial entrepreneur at your fingertips.
Here is what you also get:
Meet your coaches
To give your team and your business maximum support, we have a fantastic lineup of business coaches.
The coaches in the Accelerate program are experienced entrepreneurs and business developers within different verticals and sectors, including SaaS, fintech, health, and sustaintech – within both B2B and B2C.
Below are the coaches you’ll spend the most time with, but you can expect a strong commitment and close support from our whole team.
Cecilia is an expert in B2B, SaaS and marketing, and coaches SaaS and software/services startups.
The hard way. Smarter and faster.
Twice a year, the Sting Accelerates hand-picks and provides eight exclusive companies with a seed investment, tailored coaching, recruitment support, free office space and access to Europe’s broadest network of early-stage investors.
Admission: 2 batches per year, 8 startups per batch
Length: 4 months (Feb-June and Sept-Jan)
Cost: 2% warrant issued to Sting Holding
Investment from Propel Capital: SEK 500 000 convertible note (in addition to Sting’s 2% warrant).
Requirements: Launched MVP and can show traction. Founding team of minimum two people.