{"id":54186,"date":"2023-10-20T16:26:43","date_gmt":"2023-10-20T16:26:43","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/streethawk-brought-into-500-startups-nest-startupsmart\/"},"modified":"2023-10-20T16:26:43","modified_gmt":"2023-10-20T16:26:43","slug":"streethawk-brought-into-500-startups-nest-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/streethawk-brought-into-500-startups-nest-startupsmart\/","title":{"rendered":"StreetHawk brought into 500 Startups nest – StartupSmart"},"content":{"rendered":"
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Australian mobile app engagement platform StreetHawk<\/a> has been accepted into American seed fund and accelerator 500 Startups<\/a>. <\/p>\n

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The service, which allows users to track viral engagement of applications and identifies ways to improve growth, was founded by David Jones and Linda Fernandez.<\/p>\n

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They\u2019ll now be based in San Francisco as they take part in the 500 Startups four-month accelerator program, which has a portfolio<\/a> of over 1000 companies from more than 50 countries.<\/p>\n

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As part of the program, the startup receives $US125,000 for 5% equity, valuing it at $US2.5 million.<\/p>\n

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The team will also get access to a range of mentors and potential investors that are involved with the program.<\/p>\n

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Jones says the access to these networks is more exciting than the funding.<\/p>\n

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\u201cIt\u2019s not about the money, it\u2019s about the depth of the network that\u2019s there,\u201d he says.<\/p>\n

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\u201cThere\u2019s such a rich array of mentors and investors in that community. It\u2019s an incredible network.\u201d<\/p>\n

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StreetHawk is one of 35 startups to be participating in 500 Startups\u2019 14th<\/sup> batch<\/a>.<\/p>\n

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Jones says its focus on distribution is what made the program particularly appealing for StreetHawk.<\/p>\n

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\u201cThe difference between (Y Combinator) and 500 Startups is that there\u2019s a very strong distribution and growth aspect to 500,\u201d he says.<\/p>\n

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\u201cYou meet with an entrepreneur in residence and distribution team once a week, and that\u2019s almost like having a personal trainer. They keep you honest with what you\u2019re committed to doing.\u201d<\/p>\n

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Alumni from the 500 Startups accelerator include Punchd, which was acquired by Google, 9GAG, Chalkable and TouristEye.<\/p>\n

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Along with the accelerator funding, Jones says they\u2019ll also be looking to close a further funding round in the next five or so months, culminating with a demo day at the end of the program.<\/p>\n

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Although originally planning to move into Asia, StreetHawk has instead pivoted to the US, and hopes the accelerator program will help with this expansion.<\/p>\n

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\u201cWe explored a hypothesis last year with Southeast Asia and it really didn\u2019t work for us,\u201d Jones says.<\/p>\n

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\u201cWe\u2019ve been focusing on the US since May, and that\u2019s put us in touch with companies that are much more agile and ready.\u201d<\/p>\n

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Also including in 500 Startups\u2019 latest batch is Australian Nicholas Cooper\u2019s Dubai-based education startup Apptuto<\/a>.<\/p>\n

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Raising your <\/i>first round of capital<\/i><\/a>? Starting a <\/i>crowdfunding campaign<\/i><\/a>? Want to grow your business <\/i>with Instagram?<\/i><\/a> StartupSmart School can help.<\/i><\/p>\n

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Australian mobile app engagement platform StreetHawk has been accepted into American seed fund and accelerator 500 Startups. \u00a0 The service,<\/p>\n","protected":false},"author":2,"featured_media":58214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,27,8,9,28,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/54186"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=54186"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/54186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/58214"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=54186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=54186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=54186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}