Founded in 2008, this top 10-ranked accelerator primarily works with pre-Series A startups in healthcare, real estate, smart cities technology, and construction. Startups enter the accelerator with a market-ready product and immediately start conversations with strategic corporates who can serve as valuable partners or as paying customers. During a rigorous 14-week program, founders receive one-on-one coaching, pitch to dozens of potential customers, meet with top-tier venture funds, and gain access to a vast network of helpful alumni and advisors.
Over the years, Dreamit has created an unrivaled ecosystem of some of the most innovative corporate partners in both healthcare and the built environment. These organizations are leaders in innovation at the enterprise level, and the products they use often become the industry standard. For the UrbanTech program, Dreamit works with some of the largest real estate firms and construction companies in the US, including developers like Related, Silverstein, Strategic Property Partners, and Rudin, as well as construction firms like Skanska, Suffolk, and Creative Contractors. On the healthcare side, Dreamit partners with Penn Medicine and IBX to source and accelerate startups, and the customer network includes large healthcare.
In a major announcement in March, the venture fund and accelerator announced an expanded partnership with investor and developer Jeff Vinik, which includes a $12 million investment and Vinik joining as a partner and member of Dreamit’s Board of Directors. This is a notable investment for Vinik, who made his reputation managing over $50B in capital in Fidelity’s Magellan Fund, widely recognized as the world’s best-known actively managed mutual fund.
Since 2008, Dreamit has accelerated over 300 startups, including SeatGeek, HouseParty, LevelUp, Adaptly, Wellth, Biomeme, Redox, and Elevate. These startups have gone on to raise over $800M in follow-on capital raised and have a market cap of over $1.7B.
