Build the Next Great Web3 Startup
Beacon provides web3 startups with the support they need to thrive. We provide funding, mentorship and resources curated for web3 startups
What does the program have to offer?
Our 3 month program culminates in a livestreamed Demo Day. At our Demo Day, founders pitch their startups to the top web3 investors and members of the press. Intros and fundraising are conducted through custom software exclusive to Beacon founders and investors.
Interested in attending? Join our community here.
We empower founders from all walks of life building in web3. You can be from any corner of the world to join Beacon.
As far as stage goes, projects that are pre-seed are best suited to the hands-on accelerator model we provide.
We only accept projects with fully public ('doxxed') team members who are comfortable being listed as part of their project on their decks, website, and other public-facing materials.
Yes! We are chain agnostic and look to invest across the entire web3 ecosystem.
Beacon offers standard terms to all companies accepted into our cohort. Every company receives the same investment. The Beacon investment is:
We invest $250k at an $8m post-money valuation for 3.125% of your project equity and 3.125% of the total token supply.
As part of the Beacon terms, we request pro rata rights to maintain our 3.125% ownership level by investing new money in future equity financing rounds.
Definitely. We work with teams that are still incorporating or just hashing out their product design all the way to teams that have raised capital looking to accelerate their growth.
Our mentors are a diverse group of top web3 founders and investors from all over the world. As part of the Beacon community, they join our weekly sessions to share their founding stories and teach Beacon founders how to navigate the challenges of building great web3 companies. You can see the full list of Beacon mentors here.
Lighthouse is Beacon's internal software platform. It's at the core of most of what we do here. Lighthouse serves both founders and investors:
Founders - All Beacon founders get access to Lighthouse. With a Lighthouse account, you get access to our alumni directory where you can connect with other founders with similar interests and backgrounds. Additionally, founders can use Lighthouse to review all of Beacon's preferred vendors who offer special deals and discounts to Beacon projects.
Investors - Approved investors are able to use Lighthouse to connect with the best projects in web3. With Lighthouse, investors can review project details, watch video pitches, read up on founder backgrounds, and, with the click of a button, get introduced to project founders to discuss investment.
Beacon is fully remote but we host optional in-person meetups throughout the program for founders to connect IRL.
The program runs 3 months total. Each week, founders in our program attend one 2-hour session and can also attend optional office hours with our core contributors. Throughout the 3 month program, we also host one-off events outside of our regular schedule. Past one-off events have included VC Panels with top investors, special topic lectures addressing current events happening in web3, and pitch practice sessions with Beacon's core contributors.
Yes! Beacon has an inbound career form that allows great applicants to signal their interest in working for Beacon companies. Beacon founders get access to this database of candidates through Lighthouse.
After submitting your written application, you’ll hear back from us with next steps - either being asked to interview or letting you know that we will not be accepting you into this term’s cohort. If asked to interview, you will meet with our investment team where we will want to learn more about your team’s background, product ideas, and understanding of the problem you are trying to solve. It usually takes 2-3 calls for us to decide if you will be accepted into a Beacon cohort.
We aim to review all applications within one month after the submission deadline. So, if a project submits in a round with a January 31st application deadline, our team will get back to you with an update on your application status by the end of February.
We're committed to working with our founders long after they leave our 3 month program! All founders continue to get access to Lighthouse where they can interact with other Beacon alums and current founders. Further, we host alumni events where past founders can catch up with each other and our team. Last, Beacon founders always get access to our invite-only Demo Days where they can see the latest projects pitch.