The companies in the fifth cycle had to have a validated product, positive growth, the intention to move to the US within two years and revenues of at least $500,000
Deloitte Launchpad, an accelerator program established in 2020 by Deloitte, has announced the ten start-ups that will participate in its fifth cohort. The accelerator program supports Israeli growth-stage companies looking to penetrate the US market with the aid of Deloitte's global network.
The chosen ten companies will receive guidance from American and Israeli teams. They will help in laying the foundations of start-ups for relocating to America, establishing a robust sales infrastructure and securing funding for their next rounds.
As a pre-requisite, companies in the fifth cycle had to have a validated product, positive growth, the intention to move to the US within two years and revenues of at least $500,000. The program will provide content on topics such as preparing for due diligence, access to venture capital and assistance in relocating founders and their families.
The new cohort includes companies such as Alison.ai, an AI-powered creative analysis platform for videos, Browsi, an AI SaaS platform for top-tier digital publishers and Sedric, a compliance excellence platform for next-gen financial companies. Other companies include Ox Security, a software supply chain security solution and Datricks, a data-driven SaaS solution for financial compliance.
Since its launch, 33 companies have participated in Deloitte Launchpad, collectively raising $545 million. The program has helped these start-ups gain access to Deloitte's global network, which has been instrumental in their successful penetration of the US market.
Deloitte Launchpad is a unique accelerator program that focuses on Israeli companies looking to expand into the US market. The program's emphasis on providing guidance on issues such as relocation, sales infrastructure, and funding is crucial in helping start-ups navigate the challenges of entering a new market. The inclusion of topics such as preparing for due diligence and access to venture capital further demonstrates Deloitte Launchpad's commitment to supporting start-ups at every stage of their growth.
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