Software as a Service is our flagship vertical, which we have been investing in and accelerating since the beginning. SaaS is also, without a doubt, one of the largest industries in the world. We have invested in more than 220 companies and our portfolio has a success and survival rate above 77%.
So if you have a B2B SaaS company with initial traction, a passionate and solid team, and most of all – a great ambition to go global, join our Wise Guys SaaS program starting June 2021.
The program will be run from Vilnius, Lithuania, with online and on-site modules. Applications for this program are closed!
Up to 50k € cash investment plus 25k € program for up to 9% equity
250+ mentors, 200+ investors, and 500+ alumni
Intensive up to 5 months long mentoring program
In 2020 Startup Wise Guys have launched a new acceleration program format. The program is adapted to meet the needs of today’s startups and apart from intensive mentoring also offers implementation time. The program is built around three main topics – sales, fundraising and company building to cover all aspects of accelerating sales, company, and founders.
March - May: Applications Open
Startups can apply online and take part in the Pitch days, get invited and take part in the Online Pre-acceleration program, or catch the SWG team for a chat during startup events. Follow our Facebook page for updates on upcoming events.
June: Selection Bootcamp
Our selection committee, consisting of investors, mentors, and the Wise Guys team, will select up to 25 startups who will be invited for the 2-day Selection Bootcamp.
June: Setting the Fundamentals
Setting clear KPI and goals, as well as working on the founder and team alignment.
July: Customer Discovery
Working on the target market and customers to find and validate the ideal customer persona and value proposition.
July: Fundraising fundamentals
Understanding the fundamentals of fundraising – the process, landscape and main players, as well as determining the fundraising needs based on a financial model.
August: Sales strategy development
Preparing a holistic sales strategy built on inbound or outbound sales, setting sales goals.
Crystallizing the pitch storyline and developing the pitch deck.
September: Company building
Understanding the legal requirements, preparing the company scaling and hiring plans, learning from successful founders and peers.
September: Sales acceleration
Active work and iteration on sales strategy with a dedicated coach to hit the sales targets.
September: Fundraising strategy development
Fundraising strategy development including fundraising materials, negotiations, cap table management, and investor due diligence.
October: 6 months roadmap
Preparing a plan for the next 6 months on the tech, sales and business sides.
October: Fundraising and Demo Day
Broad exposure to business angels and VCs.
After program care
Continued on-demand help will be provided from the Startup Wise Guys team and mentors, as well as a never-ending journey as a part of the Startup Wise Guys alumni community will follow.
The Baltics overall rank on highest positions in terms of starting and ease of doing business. Just like in neighboring Estonia and Latvia, Lithuania as well has a special startup visa for non-EU founders. Lithuania has had the most new startup visas issued in H1 2020 compared to Estonia and Latvia. For more perks on building a startup in Lithuania go to the Baltic Startup Scene Report.
We have a deep network of 250+ mentors who are experts in their fields or founders of startups themselves. Here are some of our top mentors you will get the chance to meet and learn from during the accelerator program.
Running an accelerator is a bit like running a sports camp! This is the kick-ass team that will keep you on track with KPIs, give constructive feedback, and make the acceleration program a life-changing experience!
Wise Guys SaaS – Vilnius is the fourth accelerator program run in Lithuania by Startup Wise Guys as a part of the „Financial instrument „Accelerator fund”, financed by European Regional Development Fund (ERDF)”.
Applications for this program are closed, but open for other programs, so you can still hit that apply button below, fill in the application form, and we will reach out to you!
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