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Present to a room of investors on Demo Day
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DreamIt Philly 2015


Join us for an experience that will change your life!

DreamIt’s accelerator programs clear the way for the brightest, high-potential teams to hone their ideas and focus on developing and executing the strategies that will create long-term business success. We foster rapid growth of our portfolio companies by bringing together exceptional people and their ideas with the funding, mentorship and support they need to build thriving businesses that can succeed in the long-term.

Since 2008, DreamIt Ventures has launched 179 companies who have gone on to raise over $176M and have an enterprise value greater than a half a billion dollars.

We’re looking for the brightest people with the best ideas. If you have a great team and a great idea, check out DreamIt’s upcoming accelerator schedules!

Latest News & Updates

Jan
04
2014 Proves To Be a Year of Growth and Success for DreamIt Ventures


by David Bookspan, co-founder DreamIt Ventures

2014 was an explosive year of growth and success for DreamIt.  I took some time over the holidays to reflect on where we started and where we have come.

Mike, Steve, and I launched DreamIt in 2008 with a mission to pay-it-forward by building process around startups that stripped away as many obstacles, and put as many resources behind them as possible to enable the most promising founders to build their companies faster.  In the last six years, DreamIt has grown to a team of 14 Partners, 13 world class companies supporting specific vertical tracks, 175-plus 1:1 mentors, over 20 world class service providers, scores of technology providers, and countless supporters.  Together, this community has rallied around the mission of helping to launch companies that can tilt the globe.

Since 2008, DreamIt has launched 179 companies including companies like SeatGeek, LevelUp, Notehall (acquired by Chegg NYSE:CHGG), Parsely, Biomeme, Mindsnacks, and Adaptly.  DreamIt Companies have gone on to raise close to $180M in follow-on funding and at a market value over half-billion dollars.

In 2014, many DreamIt companies surpassed milestones and achieved well-deserved recognition:

– Biomeme (DreamIt Health Philadelphia ‘13) was deployed to West Africa by the U.S. Department of Defense to help the world fight Ebola.

– Elevate Labs (DreamIt Philly ‘10) was named the #1 App in the Apple App Store

– SeatGeek (DreamIt Philly ‘09) closed their Series B round of $35M led by Accel Partners and with star investors such as Peyton Manning, Carmelo Anthony and NAS

– Stylr (DreamIt NY ‘13) was acquired by Walmart

– Seratis (DreamIt Health Philly ‘13) won the Verizon Powerful Answers Award

– Nikhil Sethi and Garrett Ullom the founders of Adaptly (DreamIt Philly ‘10), were named to Forbes 30 under 30

– Senem Guney, Priya Buthani, and Allison Berliner, all DreamIt Female Founders, were named as the three fellows for the 2015 Alliance of Women Entrepreneurs Building Bridges program

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Dec
08
Diversity in Tech: Not just a Silicon Valley Problem, it’s an American Problem


written by William Crowder, Managing Director for DreamIt Access

The topic of diversity in tech continues to make national headlines. In nearly every instance the conversation is about the efforts underway in Silicon Valley. Even the region’s most recognized accelerator, Y Combinator made USA Today headlines last week as its president announced the firm’s push to recruit more diverse founders and said “I wish that all other venture funders thought about this the way we do…In the meantime, we have this incredible competitive advantage because no one else is doing this.”

While that might be true in Silicon Valley, when one steps outside of that region they realize that the revelation is not new wisdom. I am amazed by the amount of attention and energy being expended at attempting to solve such a huge and historic problem on a relatively small scale. In other words, the rest of “us” lives in the rest of the U.S.  Diversity in tech is not a geographic concern; rather it is a mindset that must be changed across the entire country if we expect to see any meaningful progress.  Believe it or not, Silicon Valley is not the cure for what ails us.  The Valley will ultimately be a part of the solution and I am glad to hear that it is finally realizing what many have been aware of for quite some time, that there is underrepresentation across the entire tech landscape and that should and must change.

I am a partner at a highly regarded global startup accelerator DreamIt Ventures, which has helped launch over 179 companies over the last 6 years.  At DreamIt we have taken a proactive approach to addressing the diversity in tech issue.  Specifically, in 2011 we started that work by creating a component within our accelerator cycles that would specifically recruit startups led by founders from underrepresented populations.  In partnership with Comcast we intentionally set about the creation of a program and environment that was open and welcoming to new ideas, perspectives, and problems to solve.  Since creating the DreamIt Access program, we have seen the diversity in each class increase and more importantly we have seen firsthand the power it has in the development of high quality startups and founders.

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