The TinySeed x MicroConf team is growing! We’re now hiring a Remote Community Manager to coordinate and lead our two communities. We’d love it if you have previous familiarity and a love for working with early-stage startups and founders. Bonus points if you are already a member of the MicroConf Community.

We’re fortunate to be continuously amazed by the quality and number of applicants for TinySeed’s annual accelerator program. With each successive batch, the quality of applications has grown, and this round’s batch is also our most international to date, with eleven founders based outside the U.S.

We’re thrilled to share that our portfolio company SeekWell was acquired by ThoughtSpot, representing TinySeed’s first firm to announce an exit. SeekWell was founded by Mike Ritchie and Thabo Fisher, who graduated from TinySeed’s 2020 accelerator program

We’re excited to announce we’ve raised our second fund, totaling more than $25M, allowing us to invest in and support 100+ companies over the next three years across North and South America. Notable investors include Bloomberg Beta, Eric Ries, Patrick McKenzie, Steli Efti, and Rand Fishkin.

Our terms allow our founders to remain in control of when they reinvest profits back into their business vs. when they pull them out as dividends. We determine a fair salary cap with the founders, where profits taken out of the company above that salary are considered dividends. Which leads to a common question: How do we determine the salary cap?

The TinySeed accelerator team (Rob Walling, Einar Vollset, and Tracy Osborn) took questions about our third batch application in a live webinar. We’re getting the recording transcribed and timestamped now (we’ll update this post when it’s done) but in the meanwhile, we’ve listed out some of our most frequently asked questions below:

In the past 18 months, we’ve backed 23 fast-growing SaaS companies out of nearly 1600 applications. And we would have funded dozens more if we’d had the capital at our disposal. That’s why we’re raising our second fund.

In the last 15 months, we’ve backed 23 fast-growing SaaS companies across two continents. We’ve proven out our model — in fact, we would have funded dozens more from our nearly 1600 applications if we’d had the investment capital. Now we’re raising our second fund so we can continue to invest in a broad index of hundreds of hand-picked independent SaaS companies using our simple, founder-friendly terms.

We were blown away by the sheer number and quality of the applications we received for TinySeed’s second batch. Over the last few months we’ve been working hard to narrow down the field of amazing candidates, and today we’re proud to announce that these twelve companies are in our 2020 batch of startups:

It’s been an exciting few weeks as we’ve been announcing each of the companies accepted into our inaugural batch. And what a group they are! We’re phenomenally excited about our founders and their companies and are enjoying the chance to work alongside them and help accelerate their growth.

We’re thrilled to announce that Derrick Reimer, founder of SavvyCal, has joined the 2019 TinySeed accelerator batch. SavvyCal is the most efficient way to schedule meetings without wrecking your calendar.

We’re excited to announce that Paul Kogan, the new owner of LessAccounting, has joined the 2019 TinySeed accelerator batch. LessAccounting is an easy-to-use accounting system that provides…

We’re excited to announce that Popsicle, founded by Gary Tuch, has joined the 2019 TinySeed accelerator batch. Popsicle helps schools simplify their after-school classes, care, and camps through paperless enrollment…

Today we’re excited to announce that Loadster, founded by Andy Hawkes, has joined the 2019 TinySeed accelerator batch. Loadster is a load testing SaaS for websites…

We’re excited to announce the next company in our 2019 accelerator batch: ClientRock, a client intake automation suite for law firms founded by Brian Marble, from Portsmouth, NH…

We’re excited to include Gather in TinySeed’s 2019 accelerator batch, founded by Scottie and Brian Elliott. Gather is a new breed of tool for the Interior Design & Architecture industry…

The next company joining TinySeed’s 2019 accelerator batch is Summit, founded by Matt Wensing in Austin, Texas. SimSaaS’s goal is to drop the cost of forecasting a SaaS business…

Today we’re delighted to announce the next company in our 2019 accelerator batch, Reimbi, built to address the difficult and lengthy process of reimbursing job candidates for interview expenses…

Since applications closed for our first accelerator batch on February 15th, we’ve been hard at work narrowing down the nearly 900 submissions. We are astounded by the sheer number..