Capital Factory’s mission is to be the Center of Gravity for Entrepreneurs in Texas, the number one startup state in the U.S. Last year more than 200,000 entrepreneurs, programmers and designers gathered day and night, in-person and online for meetups, classes and co-working.
With boots on the ground in Austin, Dallas and Houston, we meet the best entrepreneurs in Texas and introduce them to their first investors, employees, mentors and customers. According to Pitchbook, Capital Factory has been the most active investor in Texas since 2013.
“People like George Kozmetsky and Pike Powers ignited the spark for our tech community many years ago and others have contributed along the way. We’re fortunate to be the right place, right now and we need to make sure we don’t screw it up. We can’t keep Austin exactly the same forever – so we want to be smart about how we grow and how we change while maintaining our creative and entrepreneurial spirit.” – Joshua Baer, CEO & Founder of Capital Factory
Austin’s economy is robust and diversified, but tech startups are at its core. About 20 years ago, companies like Dell, Tivoli and Trilogy built a foundation that created jobs, attracted investment and trained the next generation of entrepreneurs. Those forward thinkers went on to start companies such as Bazaarvoice, HomeAway, Indeed and RetailMeNot. Now there’s a new generation of startups brewing- it’s a virtuous cycle that we’re just beginning to see the benefits of.
Two years ago Capital Factory announced its commitment to the Texas Startup Manifesto, an effort to turbocharge collaborations across the state in order to help connect the critical components of the startup ecosystem and create real change in the world. Texas is unlike any other entity when it comes to tech hubs, it’s a powerhouse full of diverse cities that are all within a short driving distance of each other. On any given day at Capital Factory you can encounter: a handful of local angel investors, venture capitalists from outside Texas, a Fortune 500 company executive, a state or federal government official, a delegation visiting from another country, a group of school kids or even an Army General.
Capital Factory is proud to be a new Center of Gravity for Defense Innovation. We’ve joined forces with the U.S. Army Futures Command, AFWERX, the Defense Innovation Unit, the National Geospatial-Intelligence Agency and a team of Booz Allen Hamilton’s defense innovators to collaborate on problems facing our military today and into the future. This is an unprecedented collaboration between the public and private sector that brings together entrepreneurs and government innovators shoulder-to-shoulder in a coworking environment where they can learn from each other.
Our future is full of unique collaborations that will contribute to the further development of Texas’ startup ecosystem. Capital Factory was recently recognized as a Certified B Corporation, which means that we meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. We aim to continue providing quality experiences in our community, and creating more entrepreneurs who will change the world with technology.