Jumpstart Foundry opens up to later-stage startups, introduces 2019 portfolio

Jumpstart Foundry opened up its application requirements to a larger group of startups this year, and the result is a portfolio filled with more mature companies, largely from outside Tennessee. Jumpstart, an accelerator-turned-early-stage-investment fund, announced on Tuesday its 2019 portfolio of 15 startups chosen from more than 300 applicants. This year, the fund accepted companies seeking a $4 million valuation in addition to the $2 million valuation at which Jumpstart traditionally makes investments. Jumpstart…
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