betaworks

Betaworks is a start-up platform based in New York. We focus on the intersection of media and technology. Our platform combines three areas of expertise.

A studio where we build products like Giphy, Dots, bitly and Tweetdeck.

An investment fund for early stage start-ups related to the areas we are building in. Previous investments include: Tumblr, Kickstarter, Medium and Gimlet.

And camp; a thematic accelerator program for start-ups in frontier technology such as Bots, AI and Verbal Computing.

We work to bring together these three areas to create extraordinary companies and work with exceptional people combining art and science.

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Studio

We have built products for the social web since 2007. Recent successes include Giphy; the search engine for gifs, Dots; the beautiful mobile gaming franchise and Poncho; the popular weatherbot.

Some of our earlier studio products included Bitly, Chartbeat, and Tweetdeck, which was sold to Twitter. In 2012 we also acquired and relaunched Digg and Instapaper, which was sold to Pinterest in 2016.

Our current focus is in conversational interfaces; in other words, bots, verbal computing and AI. In the summer of 2016 we launched and raised money for Dexter, an elegant platform for building bots for brands and services.

Fund

We make seed and early stage investments in great people and companies at the intersection of media and technology. We look for companies that fit our thesis and will make our network stronger.

Typically our seed investments are $250k and we are among the first to invest. For example, we were one of the earliest investors in Tumblr, Kickstarter, and Tweetdeck. More recent investments include Product Hunt, Medium, Howdy, Slash Keyboard and Gimlet Media. We have made a number of investments in the Bot and Chat space through our first accelerator camp: Botcamp.

As the name betaworks suggests, we like betas – we prefer prototypes to decks. If you have something great we’d love to speak with you. Contact the fund team here.

Camp

Based on the success of our first accelerator program, botcamp, in the summer of 2016, we continue to run thematic pre-seed investment programs.

Camp at betaworks is a 11-week long program to help entrepreneurs build companies in specific areas of focus, such as conversational interface. During these programs, entrepreneurs have access to relevant industry leaders and betaworks teams, to assist with general company-building needs and topics specific to each camp’s theme (e.g. messaging, AI, NLP, etc.) All camp companies receive pre-seed financing. In the case of Botcamp this was $200k.

Our next Camp will be voicecamp, focusing on conversational software that interacts with users in a way that is increasingly similar to how humans interact with each other.