Prosper HealthTech Accelerator

You will receive hands-on, care focused go-to-marketing and fundraising consulting for three-months and access to our network, seed capital, and office space for you and your team.

Our deal terms are very straight-forward and founder friendly. PHTA receives a 6% common equity stake in your company. PHTA usually ends up with less than 4% of the common stock after your seed+ round.

No. PHTA does not get a board seat. We get information rights like financial statements and capitalization tables.

We have no interest in stealing your idea and that would be bad business for us. We won’t show your application to anyone outside of PHTA-gener8tor. We see hundreds of applications each year and many have very similar ideas. For this reason, we do not sign NDAs.

On occasion, we accept companies with a single founder, but having a strong team of two or three founders greatly increases your chance of being accepted.

No. Terms are fixed across cohorts. We do not make exceptions.

No. Accepting PHTA's terms is required for participation.

Our program is in-person for 12-weeks in Birmingham, AL. We use this time to de-risk our investment in portfolio companies, practice strategic networking, and hyper focus on helping you meet your KPIs.

While there will be some virtual meetings with mentors and investors, our program is in-person Monday - Friday. There is no virtual option.

The focus of the program is helping our companies build sustainable, profitable businesses. We encourage the founders of our portfolio companies to spend the majority of their time marketing their business, following up with leads, and executing for interested customers. This is not a school or a pedantic program. There are structured elements including one-on-ones, office hours, founder discussions, and events that are geared to expanding your network and resolving challenges you are facing. You will be asked to meet with a lot of people during the first month of the program. This will be a distraction from the blocking and tackling of marketing and sales, however, our alumni have found that these relationships pay off in the long run. During the last month of the program, most of our portfolio companies spend a significant amount of time raising capital and preparing for showcase.

Most gener8tor alumni companies raise a seed round between $250k and $1M upon completion. We'll guide you in crafting your pitch, gaining early customers, and mastering the strategies for angel or venture capital funding. Our introductions and investor events can be crucial to your fundraising success. However, while we significantly boost your chances, raising capital still requires substantial time and effort on your part.

You are part of PHTA for the life of your company. We hope that our portfolio companies see us as an extra founder or special advisor. We are often the first people that our founders email when they are doing something new or have a difficult decision to make. Most founders see us as experienced friends rather than investors and realize that they can talk to us about things that they might not be comfortable talking to others about initially. This includes reviewing contracts, investor term sheets, discussing employee issues or key hires, or just getting a beer to blow off some steam. We continue to make introductions and help whenever we are called upon. Once PHTA, always PHTA.

Other than spending 5 minutes each month to update us on your progress, no. Though we do hope you continue to be an active member of the PHTA and support/mentor other portcos.