Profile
StartOut Growth Lab is an accelerator focused on supporting LGBTQ+ entrepreneurs. Based in a collaborative community environment, it provides resources, mentorship, and a supportive network to help businesses scale. Composed of experienced founders and business leaders, the team is dedicated to fostering an inclusive ecosystem where LGBTQ+ and allied founders can thrive. StartOut Growth Lab stands out for its zero-equity model, offering mentorship and introductions to investors with no financial strings attached.
The Lab invests in a wide array of industries including AI, HealthTech, SaaS, and Digital. StartOut’s program does not involve direct financial investment, but rather focuses on strategic guidance and providing founders with tools for growth. Their approach aligns with assisting start-ups in securing capital, aligning product milestones, and creating investor-ready plans. Although they do not manage funds in a traditional sense, their capital and resource access through partnerships significantly supports entrepreneurs.
Notable startups that have been part of the StartOut Growth Lab program include AvatarBuddy.ai, Eddii - a health management platform, Learningly.ai, DoTheMost.ai - engagement platform, and Plumcheck.io. Through these companies, StartOut has influenced sectors like AI and HealthTech, facilitating significant growth and job creation. The lab’s alumni have opened doors to numerous opportunities and scaled their ventures considerably.
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