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Long Beach Accelerator

Micro-fund

USAI/MLB2B SaaSHealthtechClimateEnterpriseConsumerOther

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Investment thesis

The Long Beach Accelerator is a public-private-academic partnership between the City of Long Beach, California State University Long Beach (CSULB), and Sunstone Management, designed to provide emerging technology companies with the resources and runway they need to flourish. Each startup receives between $75,000 and $150,000 in equity funding (in exchange for ~7% equity) alongside a tailored 4-month program covering product-market fit, sales and marketing, business operations, and demo-day preparation. The LBA is focused on providing exceptional vision and value to its ecosystem, and in seeking out and supporting companies founded by diverse entrepreneurs — giving them real government access, university resources, key industry partnerships, and introductions to follow-on investors.

Notable quotes

This investment demonstrates our accelerator's unique and significant value to startups looking for a pathway to explosive growth and allows us to compete with more established Silicon Valley institutions.

Andrea White-Kjoss · Long Beach Accelerator press release via BusinessWire (lbaccelerator.org/sunstone-lba-hyper-growth) · 2022

Sunstone and American Lending Center are committed to investing in America's innovative ecosystem and creating a diverse, unique competitive startup culture. This new funding opportunity will allow us to exponentially accelerate startups and create jobs for Americans across the country.

John Shen · Long Beach Accelerator press release via BusinessWire (lbaccelerator.org/sunstone-lba-hyper-growth) · 2022

Our meeting was synergistic, with perfect timing. We agreed to work together to fulfill both our goals. I told John that we needed to involve an academic partner to provide the educational support and mentoring for startups.

John Keisler · sunstonecities.com/lba — Public-Private-Education Partnership Creates Long Beach Accelerator

Team

Vivian Shimoyama

Chief Executive Officer

B2B SaaSAI/MLConsumerOther

Ragan Robertson, PhD

Director of Operations

Bio/PharmaDeep TechOther

John Keisler

Board Member / Co-Founder

B2B SaaSAI/MLClimateOther

Wade Martin

Board Member / Co-Founder

B2B SaaSEnterpriseOther

Brenda Wunsch

Co-Chair of the Board

ConsumerEnterpriseOther

Sue Malone

Co-Chair of the Board

Other

Recent investments

CompanyRoundSizeDate
DelphireAccelerator2021-02
SensegrassAccelerator2022
EvolectricAccelerator2021-02
123 Baby BoxAccelerator2021
AircadaAccelerator2022
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Closed Loop PlasticsAccelerator2021
SesameAccelerator2023
FluteAccelerator2023-07-20
BusinesswiseAccelerator2023

Frequent co-investors

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