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Zuru
4 Level
469 Review
1360.25 Karma

Review on Acceleprise by Olugbenga Ajayi

Revainrating 4 out of 5

Acceleprise is really redesigning how business are run through its accelerator project that focuses on Saas B2b

Acceleprise is an accelerator project established in 2012 with purpose of giving mentorship to founders in SaaS business. SaaS is an acronym for software as a service, it is a branch of cloud computing in which software solution are rented through cloud services to companies and individuals for a price. Beside Saas, acceleprise also support platform as a service(Paas), artificial intelligence (AI), health care sloution and lots more as long as it can provide technical based solutions that can affect the way businesses are run and yield huge ROL There are many companies that have the potentials to offer such services but it has been very difficult for them to grow because of lack of funding, investors, customers and mentorship.

Acceleprise help in this area by providing all of these in one package. It offers 5 months mentorship programme during which founders could access capital through fundraising, loans, ready investors and they are also provided with ready customer base for their solutions. As a requirement though, 5% equity is demanded which in my opinion is good enough.

Acceleprise as an accelerator has being around for a while and has maintained a good record of success throughout its existits existence. it has accelerated more than 150 companies and many these companies have added value and increased the adoption of cloud computing as a means to change the future of running business as well as increased outputs.

Acceleprise also has good partneship with great companies like Brex and others which contribute in a large way to the success in the founder's access to loans and advisory.



Pros
  • It provides great opportunity for founders in Saas B2B business to grow
  • Accepeprise has maintained a long record of success
  • It has partnership with great companies and investors
Cons
  • It requires 5% equity which may be cumbersome for some founders
  • It is more popular in the North America