The Antler Experience
Antler's Residency program is a great platform for starting and growing startups. Operated by Antler, a well-known early-stage venture capital firm, this two-step program is meticulously designed to transform new business ideas into successful companies.
The Antler Deal
After an intensive six-week residency period, approximately 15 startups receive a $500,000 investment, access to offices in 27 different locations, and valuable access to Antler's extensive global network.
The Antler residency
The Antler residency journey begins with a clear mission: to assist founders in:
- 🤝 Finding their co-founder.
- 🏗 Developing and testing ideas they are uniquely qualified to build.
- 🤑 Incorporating & Funding their new startup.
- 🚀 Launching and rapidly building momentum with their first product.
All delivered in a thoughtful, curated, human experience.
What Sets the Antler Residency Apart?
During an intensive six-week period, Antler selects approximately 80 founders from a competitive pool of over 6,000 applicants at each of its three strategic hubs: Austin, New York, and Boulder. This selection process immerses participants in a network of more than 240 top-tier entrepreneurs nationwide.
A Week in the Life at Antler
Each week is filled with activities designed to foster community and personal growth:
- Town hall Meetings: Weekly gatherings where teams share progress and seek collective insight.
- Family Meals and Wellness Activities: From communal dining to wellness sessions involving hiking, yoga, and more, Antler encourages a balanced lifestyle.
- Founder Pods: Small, supportive groups that help forge deep connections and provide emotional and strategic support.
Financial Backing Tailored to Startup Needs
The financial structure is designed to empower founders with various funding options:
- Initial Support: $2,500 equity-free for founders relocating to participate.
- Equity Investment: $250,000 in exchange for 9.09% equity, structured as a post-money SAFE at a $2.75 million post-money valuation.
- Follow-on Capital: An additional $250,000 term sheet for ongoing financial support.
Dedicated Support and Office Hours
Antler's commitment to early-stage startups is evident in their hands-on approach. Founders enjoy extensive access to the Antler team during the initial eight weeks, benefiting from personalized guidance. Those securing investment continue to receive lifelong support as part of the Antler global portfolio, with the team acting as a versatile co-founder.
A Truly Global Network
Antler's influence spans across 27 locations worldwide, boasting over 1,000 portfolio companies. This vast network provides unparalleled opportunities for cross-pollination and global market entry.
In Conclusion
The Antler Experience is more than just a funding initiative; it's a comprehensive ecosystem designed to transform visionary ideas into market-leading businesses. By providing an environment that nurtures both personal and professional growth, Antler empowers founders to not only succeed in their current ventures but to become enduring contributors to the global entrepreneurial landscape.
