STING - Stockholm Innovation & Growth

๐Ÿ’จ Accelerators
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STING, a Stockholm-based startup accelerator, offers funding, mentoring, and coaching to support founders. They have a successful track record with numerous startups raising significant funding and provide ongoing support for startup success.

Published/Updated on Jul 21, 2021

Website: Welcome to Sting

About

"Sting is an accelerator for startups. We are a non-profit organisation, owned by a public-private foundation. This makes us an independent, founder-centric player who always acts based on whatโ€™s best for your startup.

Sting has been around since 2002, supporting hundreds of promising Stockholm-based startups. We have also taken an active part in developing several key components of the startup ecosystem in Stockholm and Sweden for the past 19 years.

Weโ€™ve been named the Best Accelerator in the Nordics and the Main Runway for Startups in Stockholm."

  • Get SEK 500 000 in funding, access to business angels & their networks to you and make follow-on investment, perks, network, mentors, coaches, marketing etc.

Key figures

  • NUMBER OF STARTUPS 305

  • FUNDING RAISED (MEUR) 603

  • SURVIVAL RATE 69%

  • COMBINED VALUATION (EUR) 2 BN

  • EMPLOYEES 2755

  • REVENUE (MEUR) 283

  • INTERNATIONAL SALES 64%

Program benefits

โ€ข Two hours of individual coaching every week to give you the support you need to reach your sprint goals, milestones, and long-term vision.

  • A seed investment of 500ksek from Propel Capital, access to the 40 business angles backing Propel as well as intros to other investors to help find and attract the right kind of financing.

โ€ข Support from Stingโ€™s talent team to recruit and develop the team you need to succeed.

โ€ข Access to Industry Mentors and external experts.

โ€ข A seat in Stingโ€™s coworking space at A house in Stockholm.

โ€ข A forever place in Stingโ€™s community where you can exchange experiences with other dedicated founders. Once a Stinger, always a Stinger. We are there to support you even after you finish the program.

What they are looking for


How to apply

https://sting.co/program/apply/