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Sputnik ATX

North America, Texas, United States, Austin

Description

Sputnik ATX is an Austin, Texas-based venture capital fund and startup accelerator, uniquely positioned to support early-stage technology companies. Founded with a mission to back "maker-founders," the firm combines capital investment with an intensive, hands-on accelerator program designed to propel startups from concept to market readiness. Their investment thesis primarily targets scalable technology solutions, with a particular interest in sectors such as B2B SaaS, artificial intelligence, and other deep tech innovations that demonstrate strong potential for disruption and growth. The firm's dual approach allows it to provide not only crucial seed funding but also the strategic guidance and operational support necessary for nascent companies to build robust foundations.

The core of Sputnik ATX's model is its structured accelerator program, which typically spans three months. During this period, participating startups receive mentorship from experienced entrepreneurs and industry experts, access to a network of investors, and tailored workshops focusing on product development, market fit, fundraising, and business strategy. A key financial component of their accelerator is an initial investment, which is typically around $100,000 for companies accepted into the program. This initial capital is designed to help founders achieve critical milestones and prepare them for subsequent funding rounds.

Beyond the initial accelerator investment, Sputnik ATX also engages in follow-on funding, demonstrating a commitment to its portfolio companies' long-term success. While the accelerator provides a foundational $100,000, the firm has the capacity to invest up to $500,000 as a first check in promising seed-stage companies, especially those that might not go through the full accelerator but align with their investment criteria. This flexibility allows Sputnik ATX to support a broader range of early-stage ventures, from those needing intensive hands-on development to those further along in their seed round. Their strategic location in Austin, a burgeoning tech hub, provides portfolio companies with access to a dynamic ecosystem and a strong talent pool.

Investor Profile

Sputnik ATX has backed more than 111 startups, with 3 new investments in the last 12 months alone. The firm has led 63 rounds, about 57% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Pre Seed, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Switzerland, Brazil.
  • Strong thematic focus on Software, FinTech, Financial Services.
  • Led 1 rounds in the past year.
  • Typical check size: $100K – $500K.

Stage Focus

  • Pre Seed (86%)
  • Seed (13%)
  • Series A (1%)
  • Angel (1%)

Country Focus

  • United States (86%)
  • Switzerland (3%)
  • Brazil (2%)
  • Panama (2%)
  • Canada (2%)
  • France (1%)
  • Nigeria (1%)
  • Peru (1%)
  • United Kingdom (1%)

Industry Focus

  • Software
  • Fintech
  • Financial Services
  • Health Care
  • Artificial Intelligence (Ai)
  • B2b
  • Mobile Apps
  • Information Technology
  • Saas
  • Machine Learning
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Sputnik ATX frequently co-invest with?

Active Capital
North America, Texas, United States, San Antonio
Co-Investments: 1
Capital Factory
North America, Texas, United States, Austin
Co-Investments: 2
Bull Creek Capital
North America, Texas, United States, Austin
Co-Investments: 2
Quansight Initiate
North America, Texas, United States, Austin
Co-Investments: 2
Firebrand Ventures
North America, Missouri, United States, Kansas City
Co-Investments: 1
BW
North America, Texas, United States, Austin
Co-Investments: 1
Kli Capital
North America, Quebec, Canada, Montréal
Co-Investments: 2
Shasta Ventures
North America, California, United States, Portola Valley
Co-Investments: 2
Moonshots Capital
North America, Texas, United States, Austin
Co-Investments: 2
AperiamVentures
North America, New York, United States, New York
Co-Investments: 1

Which angels does Sputnik ATX often collaborate with?

Christopher Leacock
North America, Trinidad and Tobago
Shared Deals: 1
CD
North America, Washington, United States, Kirkland
Shared Deals: 1
JA
North America, Texas, United States, Wimberley
Shared Deals: 1
NB
North America, New York, United States, New York
Shared Deals: 1
SB
North America, California, United States, Los Angeles
Shared Deals: 1
AB
North America, California, United States, Los Angeles
Shared Deals: 1
EM
North America, California, United States, Los Angeles
Shared Deals: 1
JB
North America, Texas, United States, Austin
Shared Deals: 1
NK
North America, New York, United States, New York
Shared Deals: 1
SL
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Sputnik ATX?

AI-Powered Logistics, Cargo Consolidation, Freight Aggregation, Global Shipping, Supply Chain Optimization,

Air TransportationFreight ServiceLogisticsSharing EconomyShippingSoftwareSupply Chain ManagementTransportation
Pre SeedAug 5, 2024
Amount Raised: $100,000
PeerBie

San Francisco, California, United States

Peerbie is an all in one collaboration tool providing project management, communication and automation for modern teams

Enterprise SoftwareProductivity ToolsSocial NetworkSoftware
SeedAug 1, 2024
Amount Raised: $100,000
Paradocs Health

Houston, Texas, United States

Paradocs Health reduces administrative burdens in chronic disease management, improving healthcare quality and reducing costs.

Health CareHospitalMedical
Pre SeedAug 1, 2024
Amount Raised: $165,000
Rex - K12

Milwaukee, Wisconsin, United States

Rex K-12 is a woman and minority-owned business expanding access to Computer Science, AI and Cybersecurity education.

EdTechEducationHigher Education
SeedFeb 2, 2024
Amount Raised: $100,000
Handraise

Austin, Texas, United States

Handraise is unlocking the power of news with AI.

Artificial Intelligence (AI)Market ResearchNewsPublic RelationsSocial NewsSoftware
SeedNov 12, 2023
Amount Raised: $6,400,000
Afforai

Austin, Texas, United States

Your second brain to distill infinite knowledge to produce TRUSTWORTHY research

Artificial Intelligence (AI)Productivity ToolsSaaSVertical Search
SeedNov 1, 2023
Amount Raised: $550,000
Afforai

Austin, Texas, United States

Your second brain to distill infinite knowledge to produce TRUSTWORTHY research

Artificial Intelligence (AI)Productivity ToolsSaaSVertical Search
Pre SeedJul 1, 2023
Amount Raised: $100,000
Shmoody

Austin, Texas, United States

Shmoody is the first mental health app that's actually fun to use!

FitnessHealth CareMental HealthWellness
SeedJun 1, 2023
Amount Raised: $1,400,000
Savimbo

Wilmington, Delaware, United States

Savimbo sells fair-trade carbon credits and biodiversity credits. No middlemen.

Environmental ConsultingEnvironmental EngineeringSustainability
Pre SeedMar 28, 2023
Amount Raised: $400,000
ContextQA

Austin, Texas, United States

AI-Driven Software Test Automation Low-code, No-Code Platform

Artificial Intelligence (AI)B2BDevOpsInformation TechnologySaaSSoftware
Pre SeedFeb 6, 2023
Amount Raised: $100,000