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Speed Accelerator
AddedFeb 17, 2024
UpdatedJun 28, 2026
Speed Accelerator

Speed Accelerator

Operating

Speed: A Beirut-based tech accelerator empowering software startups globally with mentorship, funding, and a vast network.

Location
Beirut, Beirut Governorate, LB
Founded
2014
Firm
Compare
Portfolio
Fundraising
Employees

Speed is a tech accelerator based out of the Beirut Digital District that empowers software startups to succeed and scale globally through a 3-month mentorship-driven program, $30,000 in funding, and a lifelong network of mentors and partners. The accelerator offers software startups $30,000 in financial support, an intensive 3-month mentorship-driven program that includes in-house mentorship, mentorship from experts, workshops, access to a network of investors, and a free working space at BDD, in exchange for 5% equity in common shares.

Startups also receive lifelong support from a network of 100+ local and international mentors, the opportunity to be sponsored by Speed for a 2-week immersion program in Silicon Valley in partnership with LebNet, technology perks worth $1M+ through the accelerator’s partnership with the Global Accelerator Network (GAN), and a fast-track referral to the 47 Techstars programs around the world.

Speed Accelerator - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments2
Current Portfolio Count2
Total Portfolio Exits0

Top Investment Stages

Pre-Seed2 (100.0%)

Stage Mix

Pre-Seed 100%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Wanowi logo

Wanowi

Groovy Antoid logo

Groovy Antoid

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Speed Accelerator - Classification

NAICS
  • 520000Finance and Insurance
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 523900Other Financial Investment Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 7300Business Services
Show 2 more industry codes
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541000Professional, Scientific, and Technical Services