The Midas Accelerator is a part of Paralect, the world’s first ecosystem for non-technical founders and a team of 200+ creators who hustle and have fun alongside outstanding entrepreneurs.
Several times per year we select up to 12 startups to participate in a 1-month equity-free bootcamp. The top 3-4 startups are then promoted to the 3-month accelerator and get $100k investment.
Every startup gets services worth $100,000. It’s not money in the bank, but we’ll help you raise that too.
We take 5% of equity via SAFE ($2M Post-Money Valuation Cap and No Discount) with a Pro-Rata side letter.
The accelerator program is customized for each founder and their needs. We select only 4 startups per batch to maximize their potential.
Gain insights from experienced mentors through weekly classes and AMA sessions. It’s like an MBA on steroids — but better.
We accept startups that investors deem "too early". We warmly welcome solo-founders, indie hackers, and pre-seed startups with no traction.
Discounts and free accounts for helpful tools like Clerky, Pulley, Notion, Github, and Intercom. And much more.
You get a full-time team of 8 people to develop a product, design a go-to-market strategy, and support future fundraising.
Our relationship doesn’t end on launch day. We keep in touch with our founders and help them navigate the startup roadmap.
We are pleased to announce that submissions to the new batch will be open Mar, 1st – Apr, 23rd!