I  Betaspring


     Office Locations:

95 Chestnut, Third Floor
Providence, RI 02903
Phone: 401-400-2382



  • Seed



  • Information Technology
  • Software & Internet



    Betaspring is a mentorship-driven, Providence-based startup accelerator program for technology and design entrepreneurs who are ready to build a product and launch a company. The Betaspring program runs twice a year for 12 weeks during both the Spring and Fall. During the first ten weeks, the teams involved will work hard on developing working prototypes from concepts, or on scaling the business if there is already a working model. Each week, teams will meet with advisers that will offer feedback on the concepts, ideas and prototypes, as well as provide valuable insight into how to scale a company, deal with obstacles along the way, and how to manage large scale adoption when it comes. The final two weeks of the program will be spent honing team pitches as participants present to and receive feedback from experienced entrepreneurs and investors. During the Demo Day event, Betaspring teams present their company to investors. Betaspring will also provide teams with a small amount of seed capital (up to $20,000) free legal counsel, incorporation filing, and other legal work necessary to make startups investable at a scale. Additionally, teams have access to Betaspring HQ, a fully-equipped workspace for participants and the other teams to get together to meet, share ideas and work on their companies. Teams that choose to remain in Providence for 12 months after completing the program are eligible for a $50,000 equity investment from the city of Providence. Since 2009, Betaspring has accelerated 57 companies and alumni have raised $20M in follow-on funding.



      Fund Name



    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Allan Tear Co-Founder and Managing Partner
    Bill Cesare Principal
    Melissa Withers Managing Director


    Portfolio companies include:


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