HAX Accelerator Champions Innovation: $250K Investment Supercharges ERA-Backed Startup's Journey!

Entrepreneurs Roundtable Accelerator (ERA), New York City’s premier technology accelerator and early-stage venture capital fund, is thrilled to announce that it has raised $250,000 from HAX Accelerator to fortify its mission of empowering visionary startups. Since its inception in 2011, ERA has been at the forefront of nurturing innovation and transforming ideas into thriving enterprises. With over 330 start-ups already in its portfolio, ERA’s remarkable track record includes alumni companies that have collectively raised more than $2 billion in capital and exceeded $10 billion in market capitalization, solidifying its reputation across global industries. This latest infusion of funds will be strategically deployed to enhance ERA’s signature mentor-driven four-month sessions conducted twice a year—in the winter and summer—further enriching the accelerator’s robust program. The capital will enable ERA to invest $150,000 on a post-money SAFE in exchange for a 6% stake in each carefully selected start-up, ensuring that emerging companies receive critical early-stage financial support alongside an extensive network of seasoned mentors. Beyond monetary backing, ERA provides its entrepreneurs with premium resources including free office space, substantial hosting credits from leading cloud providers, and comprehensive support services through its network of legal, finance, accounting, and other business-service professionals. The funding announcement marks an exciting chapter for ERA as it continues to drive growth and shepherd transformative technological advancements. By leveraging the invaluable investment from HAX Accelerator, ERA is better positioned than ever to identify and nurture the next generation of industry leaders, fueling both local innovation in New York City and global market impact. This new venture not only reinforces ERA’s commitment to early-stage entrepreneurship but also highlights the enduring value of collaborative support in the startup ecosystem.