- A 3-month remote startup accelerator program.
- Access to a network of 300+ founders in 50+ countries.
- An invitation to a 1-month Summit in San Francisco with other Pioneers.
- Free company formation via Stripe Atlas.
- An optional $20,000 investment at a $2M valuation (or higher).
- And much more.
We invest in companies extremely early on—often before they've even incorporated or raised a dollar of funding. That said, companies also go through Pioneer having already raised an angel or pre-seed round. If you've raised $5M or more in a seed round or beyond, you'll be farther along than most companies when they join Pioneer.
When in doubt, apply. Because applications are always open, you can always reapply. We'll often encourage you to reapply after making a bit more progress in the following months—or even weeks!
Because we've designed Pioneer to be as valuable as possible independent of any cash investment, the 1% offer is structured as a post-money SAFE that converts to common stock, instead of the typical preferred stock that an investor would take.
The investment option is a standard $20k post-money SAFE at a $2M valuation, or higher if you've already raised at a larger valuation.
Both the standard offer & the investment option include pro rata rights.
The Pioneer Tournament launched in August 2018 and ended in April 2023. You can read more on our blog.
We review founders in the Top 50 on the Global Leaderboard and choose new Pioneers about every 1-2 weeks. Note that Pioneers are not counted when we review the Top 50. For example, if there are 20 Pioneers in the Top 50, we'll review all projects in the Top 70.
We take into account participants’ leaderboard positions, project descriptions, and progress when making selections. We're experimenting with the cadence and number of winners per week, so cohorts will vary in size.
We will stop selecting new Tournament winners after the Tournament ends on April 25th, 2023. After April 25th, there will be no more progress updates or voting, and the leaderboard will be taken down. Your account & data will still be accessible after that date.