These 6 companies made it to Backstage Capital's first Philly accelerator
Summary
Los Angeles-based venture firm Backstage Capital announced today the companies it selected for its three-month, multi-city accelerator program aimed at underserved founders. In the Philly iteration of the program, six companies will spend three months receiving mentorship and connections to other investors, and Backstage will invest between $25,000 and $100,000 in capital into the startups. “The city of brotherly love is ready to embrace a remarkable group of up-and-coming companies focused on convenience and confidence as Backstage Philadelphia welcomes its inaugural cohort,” said Liz Brown, managing director of the local accelerator, in a Medium post. “These companies will go through 3 months of consulting, development, and financial guidance before joining the ranks of Backstage Headliners. Our crew could not be more excited to support the founders as they grow.” Here are the companies on tap to join the local program: • Hale — A connected vaporizer pen that lowers nicotine intake over time in a bid to curb smoking addition.