About AccelerateBaltimore
AccelerateBaltimore, an accelerator and incubator program founded in 2012, is based in Baltimore, United States. With a presence in 2 countries, it has supported around 47 startups in sectors like Consumer, Enterprise Applications. As of May 2026, AccelerateBaltimore has witnessed 2 portfolio exits. Most notable companies in
its portfolio include Granular, Allovue and WealthyLife. The program is backed by a team of 1 people who primarily support Seed startups based in United States. Its latest investment was a $50K Seed round in Opal HTM on Jan 11, 2022.
Key Metrics
Founded Year
2012
Location
Baltimore, United States
Sectors of Investment
Stages of Investment
Seed, Grant (prize money) & 1 more
Locations of Investment
AccelerateBaltimore's List of Top Investments
AccelerateBaltimore has a portfolio of 47 companies. Their most notable investments are in Arbit and The ClearMask.Their portfolio spans across United States and Canada. They have invested in Consumer, Enterprise Applications, Retail and 23 other sectors, across stages such as Seed, Grant (prize money) and 1 more. Here is the list of top investments by AccelerateBaltimore:1. Granular
Developer of a farm management and analytics platform. It is an agricultural software development company offering digital tools for precision agriculture and farm management solutions. Its platforms enable farmers to optimize operations,improve yields and profitability.
Key facts about Granular
- Founded Year: 2009
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $48.8M
- Employee Count: 106 as on Apr 30, 2026
- Investors: Valor Equity Partners, Khosla Ventures and 9 Others
- Latest Funding Round: Series B, Sep 09, 2015, $*****
- Highlight: Acquired
2. Allovue
Allovue provides financial budgeting and management software for schools. It helps in expense analytics, financial planning, tracking expenses, reporting, and more. It also allows schools to view finances alongside education performance indicators like test scores and attendance. It provides valuable insights into decision making about financial considerations by keeping student performance as the main target.
Key facts about Allovue
- Founded Year: 2013
- Location: Baltimore (United States)
- Stage: Acquired
- Total Funding till date: $13.6M
- Employee Count: 33 as on Dec 31, 2022
- Investors: Baltimore Angels, Seavest Investment Group and 9 Others
- Latest Funding Round: Series A, May 13, 2019, $*****
- Highlight: Acquired
3. WealthyLife
Financial literacy education through online gaming and adaptive testing. The company develops adaptive environments, frameworks, and technologies to enhance financial literacy. It aims to reduce poverty by providing accessible and understandable financial education globally. The company utilizes online gaming and adaptive testing as key components of its educational approach. This is a B2C business model with a social impact focus, offering software solutions for financial education.
Key facts about WealthyLife
- Founded Year: 2012
- Location: Washington, DC (United States)
- Stage: Seed
- Total Funding till date: $225K
- Employee Count: 8 as on Apr 30, 2026
- Investors: Industrial Bank, JPMorgan Chase and 3 Others
- Latest Funding Round: Seed, Aug 02, 2017, $*****
- Highlight: Editors' Pick
CaregiverJobs Now is an online job portal for the healthcare industry. The platform allows employers to search and connect with candidates for job vacancies. Enables candidates to search for jobs based on location, category, keywords and, salary. It also enables employers to post full-time, part-time jobs, internship opportunities, and freelancing.
Key facts about CaregiverJobsNow
- Founded Year: 2015
- Location: Baltimore (United States)
- Stage: Seed
- Total Funding till date: $50K
- Employee Count: 53 as on Apr 30, 2026
- Investors: Village Capital, Civic Accelerator and 2 Others
- Latest Funding Round: Seed, 2017, $*****
5. Minnowtech
Provider of the sensor-based bio-mass monitoring system for shrimp. It uses the sonar technique to collect the data from under the pond. It also transfers the data to an online portal providing real-time access. It also enables the farmers to stop overfeeding and predict the harvest time of the shrimp.
Key facts about Minnowtech
- Founded Year: 2018
- Location: Baltimore (United States)
- Stage: Series A
- Total Funding till date: $625K
- Employee Count: 8 as on Apr 30, 2026
- Investors: America’s Seed Fund, Propel Baltimore Fund and 6 Others
- Latest Funding Round: Series A, Feb 27, 2024, $*****
AccelerateBaltimore's Year-on-Year Investment Trends
AccelerateBaltimore has invested in 47 companies over the last 14 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in Opal HTM and most recent follow-on round was in Mybestbox.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 5 | 0 | 5 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 6 | 0 | 6 |
2018 | 7 | 0 | 7 |
2017 | 3 | 0 | 3 |
AccelerateBaltimore's Investments by Stage
AccelerateBaltimore has made 28 investments in Seed stage with an average round size of $29.5K, 1 investment in Grant (prize money) stage with an average round size of $100K and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
Seed | 28 |
Grant (prize money) | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
AccelerateBaltimore's Investments by Sector
AccelerateBaltimore has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, FinTech and Healthcare. Notably, it has invested in 34 Tech companies, 21 Consumer (B2C) companies, 19 Enterprise (B2B) companies and at least 15 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 12 |
Retail | 8 |
Enterprise Applications | 5 |
FinTech | 3 |
Healthcare | 3 |
Others | 29 |
Note: We have considered here, only first round of investments
AccelerateBaltimore's Investments by Geography
AccelerateBaltimore has made most investments in United States (30).AccelerateBaltimore's recent investments
AccelerateBaltimore has not made any investment in 2026 so far.Here are the most recent investments by AccelerateBaltimore:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 11, 2022 | United States | Seed | 1792 | - | |
Jan 11, 2022 | United States | Seed | 6425 | - | |
Jan 11, 2022 | United States | Seed | 6898 | - | |
Jan 11, 2022 | United States | Seed | 3507 | - | |
Jan 11, 2022 | United States | Seed | 8977 | - |
Acquired companies in AccelerateBaltimore's Portfolio
2 companies from AccelerateBaltimore's portfolio have been acquired. The most recent acquisition was Allovue in Jan 2024 by PowerSchool for $*****.Here are AccelerateBaltimore's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 22, 2024 | Jan 10, 2019 | Series A | 2774 | |
Nov 10, 2022 | - | - | 6893 |
Team profile of AccelerateBaltimore
AccelerateBaltimore has a team of 1 member located in United States. AccelerateBaltimore's team does not sit on the board of any company as of now.Co-investors of AccelerateBaltimore
Over the past 14 years, 20 investors have co-invested in AccelerateBaltimore's portfolio companies. This includes only funds.
- Invested before AccelerateBaltimore: TEDCO, Baltimore Angels and 5 others have invested in rounds before AccelerateBaltimore. There are 2 companies where TEDCO has invested before AccelerateBaltimore and 1 company where Baltimore Angels has invested before AccelerateBaltimore.
- Invested after AccelerateBaltimore: A total of 13 investors have invested in AccelerateBaltimore's portfolio after their investments. Top Investors include TEDCO (5 companies) and Abell Foundation (2 companies).
Recent News related to AccelerateBaltimore
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Allovue Closes $800K Seed Funding |FinSMEsFinSMEs•Feb 06, 2014•Allovue, TEDCO, Baltimore Angels, AccelerateBaltimore and 1 other
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