TLDR:
- Techstars has appointed Andrew Cleland as Chief Investment Officer.
- Cleland will oversee the Investment and Capital Formation teams, lead the accelerator investment selection process globally, and develop the company’s investment products.
- Techstars invested in nearly 700 early stage startups in 2023 and expects to invest in more than 800 in 2024.
Techstars, the most active pre-seed investor in the world, has announced the appointment of Andrew Cleland as Chief Investment Officer. Cleland will replace Jason Seats, who will transition to the role of Senior Fund Advisor. In his new position, Cleland will oversee Techstars’ Investment and Capital Formation teams and will be responsible for providing strategic leadership for the accelerator investment selection process globally, directing the company’s fundraising strategy, and developing investment products.