
Alchemist Accelerator
San Francisco accelerator for startups that sell to businesses, open to companies incorporated anywhere, including India.
Alchemist Accelerator at a glance
| Established | 2012 |
|---|---|
| Address | San Francisco, United States |
| Programmes | 4 standing programmes · 1 open call right now |
| Stages supported | Prototype, MVP, Early revenue |
| Fees | 0 of 2 programmes that state a policy are free |
| Equity | 0 of 3 programmes that state a policy take no equity |
| Official website | www.alchemistaccelerator.com |
| admissions@alchemistaccelerator.com |
Programs by Alchemist Accelerator
1 open now · 3 past · Filter all programs
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Which Alchemist Accelerator programme fits you
4 programmes compared by who they are for, the stage they accept, how long they run and what they cost.
By stage
- Prototype
- Alchemist Chicago
- MVP
- Alchemist Flagship Program, Alchemist Chicago, Alchemist Japan
- Early revenue
- Alchemist Flagship Program, Alchemist Japan
| Programme | Best for | Stage | Duration | Format | Cost |
|---|---|---|---|---|---|
| Alchemist Flagship Program | Technical founding teams building enterprise technology, incorporated anywhere in the world. | MVP – Early revenue | Six months | Hybrid | Paid, takes equity |
| Alchemist ChicagoWith Polsky Center for Entrepreneurship and Innovation, University of Chicago, Duality, IBM | Pre-seed and seed deep tech teams who can spend a week in Chicago in person. | Prototype – MVP | One-week bootcamp, then roughly six months for the teams that advance | Hybrid | Takes equity |
| Alchemist Japan | Enterprise technology teams who can spend three months in Tokyo. | MVP – Early revenue | Three months in Tokyo, then the six-month San Francisco programme | In person | Paid, takes equity |
| Alchemist DohaWith Qatar Research, Development and Innovation (QRDI) Council | Enterprise tech founders who want a Gulf and MENA base. | — | Not stated | — | — |
Track record
What Alchemist Accelerator reports about its portfolio.
These are Alchemist's own published figures, self-reported and carrying no date. Its pages do not fully agree: the home page shows a capital-raised total in one strip that its programme page contradicts in another, and staff biographies quote a higher exit count than the home page and the questions section do. We publish only the figures Alchemist states consistently, and we have left the conflicting ones out.
All figures self-reported — alchemistaccelerator.com, as of Sept 2026.
Programmes they run
Standing programmes at Alchemist Accelerator, separate from the funding calls above.
One application form covers all of these. The main San Francisco programme is the one open to an Indian-incorporated startup that cannot travel: Alchemist says companies may be located anywhere and that it can be attended remotely. The regional programmes are not equivalent substitutes, and their terms differ from the main one: Chicago requires a week in Chicago in person and your own visa, Japan requires three months in Tokyo. Dates on Alchemist's site are behind the calendar, so check the apply page rather than trusting a published start date.
Alchemist Flagship Program
AcceleratorA six-month accelerator in San Francisco for startups whose revenue comes from businesses, attendable remotely and open to companies incorporated anywhere in the world.
Best for: Technical founding teams building enterprise technology, incorporated anywhere in the world.
- MVP – Early revenue
- Six months
- Hybrid
- Paid, takes equity
What you get, who can apply and how to applyHide details
This is Alchemist's main programme and the one an Indian-incorporated startup can actually join. It runs for six months and it is aimed at technical founding teams building enterprise technology. Alchemist states that its companies may be located anywhere in the world, that it has alumni across the United States, Europe, the Middle East, Africa and Asia, and that its investment structure accommodates your country of incorporation. Applications are rolling and the form is live.
What you get
- An investment into the company on founder-friendly terms, usually a SAFE, which offsets the programme's tuition fee.
- Credits and discounts from partners for cloud computing, legal work and marketing.
- A coach paired to you for the whole programme, plus mentors, operators and domain experts matched to your company.
- Weekly gatherings, workshops on customer discovery, enterprise sales, go-to-market and fundraising readiness.
- Feedback Summits: hour-long office hours with venture investors, booked first come, first served.
- A closing Demo Day to an invitation-only investor audience, held virtually, with a live preview event in San Francisco a month earlier.
- Co-working space in San Francisco at no cost, for founders who are there.
- Permanent access to the alumni and mentor network after the programme ends.
Who can apply
- Startups that monetise from enterprises. B2B and B2B2C both qualify, hardware or software, large customers or small.
- AI-SaaS and deep tech companies. Consumer businesses do not fit.
- Companies incorporated anywhere. There is no US incorporation requirement and no requirement to relocate.
- Teams that are not yet incorporated: the form asks where and when you expect to register.
- Teams of two or three are preferred. Purely technical teams are admitted. Solo founders are accepted at a higher bar.
How selection works: Alchemist weighs the founding team first and the market second. It looks for a distinctive technical founder who explains complicated things clearly, makes good trade-offs and has product sense, and for a team other talented people would want to join. Prior enterprise experience is not required. Applications are reviewed at the next review date after you submit.
How to apply: Fill in the single application form on Alchemist's apply page. You may submit at any time. You hear back within about three weeks of the review date you applied against. If invited, you sit a fifteen-minute virtual interview with a panel, and an offer follows the week after. Questions about admissions go to admissions@alchemistaccelerator.com.
One practical warning: the dates published on Alchemist's site are behind the calendar. Its questions section still describes a class starting in January 2026 as the next one, and says deadlines are listed on the home page when the home page lists none. The application form itself is live, so apply rather than waiting for a date.
Alchemist Chicago
AcceleratorA deep tech programme run with the University of Chicago's Polsky Center, with a quantum path shaped with Duality. Applications for the current round have closed.
Best for: Pre-seed and seed deep tech teams who can spend a week in Chicago in person.
- Prototype – MVP
- One-week bootcamp, then roughly six months for the teams that advance
- Hybrid
- Takes equity
With Polsky Center for Entrepreneurship and Innovation, University of Chicago, Duality, IBM
What you get, who can apply and how to applyHide details
Alchemist Chicago is run in partnership with the Polsky Center for Entrepreneurship and Innovation at the University of Chicago. Quantum founders who advance are also worked with by Duality. The published application deadline for the current round has passed, so this is between intakes.
Everyone starts with a one-week bootcamp in Chicago, for up to thirty startups, covering customer discovery training, investor readiness workshops, coaching and mentorship, with co-working space at the UChicago Science Incubator, IP strategy support, grant-writing advice and access to university student talent. Up to fifteen teams then advance into a structured curriculum with mentorship, investor engagement, founder retreats and access to the wider Alchemist network. Advancing teams receive a SAFE investment, co-working space in San Francisco and partner perks.
Who can apply
- Pre-seed or seed-stage deep tech startups.
- Technical founding teams of at least two co-founders.
- Founders able to attend the bootcamp in Chicago in person.
- Global founders are welcome, but must obtain their own visas and be fluent in English.
- No University of Chicago affiliation is required.
How selection works: the bootcamp is itself the filter. Teams advance on team strength, market opportunity, technology differentiation, traction and readiness to scale.
How to apply: through the same Alchemist application form, ticking Alchemist Chicago as an additional programme of interest. Watch the Alchemist Chicago page for the next round's dates.
Alchemist Japan
AcceleratorA three-month in-person programme in Tokyo that feeds into the San Francisco programme. Between intakes: the next deadline and start date are listed as to be announced.
Best for: Enterprise technology teams who can spend three months in Tokyo.
- MVP – Early revenue
- Three months in Tokyo, then the six-month San Francisco programme
- In person
- Paid, takes equity
What you get, who can apply and how to applyHide details
Alchemist Japan is a three-month in-person accelerator in Tokyo for enterprise technology startups, after which participants join the six-month San Francisco programme. Its page currently lists both the next application deadline and the next start date as to be announced, so it is between intakes.
Alchemist states that startups are selected mainly from Japan, but that startups around the world, including Asia, are eligible. The binding condition for an Indian founder is the residency: you must be able to take part in the three-month programme in Tokyo in person. Co-working space in Tokyo is provided at no cost. Alchemist invests cash for equity on terms it describes as flexible by stage, and founders cover their own living and travel costs.
Who can apply
- Distinctive, technical founding teams building enterprise technology.
- Early-stage startups focused on the enterprise space, B2B or B2B2C.
- Deeply technical teams with business co-founders or advisers.
- Teams aiming to build a global-scale company.
- Founders who can take part in the three-month in-person programme in Tokyo.
How to apply: through the Apply link on the Alchemist Japan page. The process is rolling and interview slots are filled first come, first served.
Alchemist Doha
AcceleratorA Doha-based programme for enterprise tech startups across Qatar, MENA and emerging markets, run with the Qatar Research, Development and Innovation Council. No dates are published.
Best for: Enterprise tech founders who want a Gulf and MENA base.
- Not stated
With Qatar Research, Development and Innovation (QRDI) Council
What you get, who can apply and how to applyHide details
Alchemist Doha supports enterprise tech startups across Qatar, the MENA region and emerging markets, using Doha as a launch pad. It is run with the Qatar Research, Development and Innovation Council and gives founders access to its Innolight platform, alongside investment, customer development support, business model coaching and Alchemist's global mentor network. Co-working and community programming are offered in Doha.
Alchemist publishes no dates, deadline or cohort status for this programme, and no terms for its investment. It can be ticked as an additional programme of interest on the main Alchemist application form, so it is at least taking expressions of interest.
Who can apply: enterprise technology startups looking to engage with the MENA region. No eligibility list beyond that is published.
How to apply: tick Alchemist Doha on the main Alchemist application form.
Incubation tracks
The routes into Alchemist Accelerator, and what each one includes.
| Track | Type | Space | Includes |
|---|---|---|---|
| Alchemist Flagship ProgramSix months, hybrid. Attendable remotely from India; opens with an in-person week in the San Francisco Bay Area. Paid, with tuition offset by an investment, and equity is taken. | Acceleration | — | 1:1 coaching, Weekly gatherings, Enterprise sales and go-to-market workshops, Investor feedback summits, Demo Day, Partner credits, Co-working space in San Francisco, Permanent alumni network access |
Labs & facilities
Equipment and space on campus.
Alchemist is a programme rather than a campus. The space it offers is co-working, free, and only useful if you are in the city it sits in.
Co-working space, San Francisco
Offered at no cost to founders on the main programme who are in the Bay Area during it. Alchemist Japan separately provides co-working in Tokyo, and Alchemist Chicago participants get space at the UChicago Science Incubator.
Support services
Help offered alongside funding and space.
Business advisory
Every founder is paired with a coach for the programme, plus matched mentors, operators and domain experts, and one-off consultations with experts on specific problems.
Market access
Workshops on customer discovery, enterprise sales and go-to-market, and access to Alchemist's corporate partner network.
Legal & finance
Partner credits and discounts covering legal fees, cloud computing and marketing, plus fundraising support: story and deck work, targeted investor introductions and a Demo Day slot.
How to apply to Alchemist Accelerator
Check you are an enterprise company first
Alchemist screens on where your revenue comes from, not on your product. If businesses pay you, you fit, whether that is B2B or B2B2C, hardware or software, a licence or a subscription. If consumers pay you, this is the wrong programme and no amount of polish on the application will change that. Say plainly, in your first line, who the paying customer is.
Decide which programme you are really applying to
There is one form, and it covers the main San Francisco programme by default. You can tick additional programmes on the same form. For an Indian founder the main programme is the one that works: it accepts companies incorporated anywhere and it can be attended remotely. Alchemist Chicago and Alchemist Japan both require you to be physically present for a set period, in Chicago and in Tokyo respectively, and Chicago also asks you to sort out your own visa. Do not tick a regional programme you cannot actually attend.
Answer the location question honestly
The form asks whether you would take part in the Bay Area or remotely, and remote is one of the listed answers. Picking it is not a penalty. What will hurt you is claiming you will relocate and then not doing it. Bear in mind that sessions are scheduled for California and Europe hours, so plan for late nights, and that the opening week and many community events are in person.
Put almost all your effort into the team section
Alchemist says the most important element is the team, starting with the technical founders, and the market matters second. It looks for a technical founder who can explain complicated things clearly, makes good trade-offs, has product sense and cares about outcomes. It also asks itself whether talented people would want to join your team. So the founder brags it asks for are not filler. Give each co-founder two or three concrete, checkable achievements.
- Two or three co-founders is what it prefers.
- Purely technical teams are admitted; a business-side co-founder who can carry the story to customers and investors is the ideal addition.
- Solo founders are accepted, at an explicitly higher bar. If you are solo, be specific about who you are hiring next and why they will say yes.
Prepare the rest of the form before you start
The application asks for a lot of specifics, so gather them first:
- Your country of incorporation, incorporation date, and the legal names of every entity if you have more than one.
- The cap table: each founder and shareholder with their percentage.
- Any funding raised or committed, with terms.
- Current monthly revenue, growth over the last twelve months, the metrics you track beyond revenue and cost, what is limiting faster growth, and your top customers today.
- A link to a pitch deck or one-pager.
- A video of three minutes or less introducing the team and the product, publicly accessible and not password protected. Alchemist says production quality does not matter.
- A description of your business in 280 characters or fewer.
Apply early rather than waiting
Applications are rolling and reviewed at the next review date, and Alchemist says the sooner you apply the easier it is to be admitted. It replies within about three weeks of the deadline you applied against. The published dates on the site have not kept pace with the calendar, so do not wait for a date to be announced before submitting.
Be ready for a short interview
If you are invited, it is a fifteen-minute virtual interview with a panel. Fifteen minutes is not long enough to build up to your point. Open with what you sell, who pays for it and what you have proved so far. An offer, if it comes, follows the week after.
Know what you are signing up for
This is a paid programme that takes equity. Alchemist charges tuition, offsets it with an investment into the company, asks for a single-digit percentage of common equity and for the right to co-invest in your follow-on rounds. Founders pay their own travel and living costs. Work out whether the network and the Demo Day audience are worth that to you before you apply, not after you are offered a place.
Warm intros help
The form asks whether someone in the Alchemist community referred you, and whether a partner organisation did. If you know an alum, ask them first. Questions about the process can go to admissions@alchemistaccelerator.com.
About Alchemist Accelerator
Alchemist Accelerator is a six-month accelerator for startups that sell to businesses. It is based in San Francisco and run by Alchemist Accelerator, LLC, with a European entity, Alchemist Accelerator Europe GmbH, registered in Grunwald near Munich. Ravi Belani founded it and chairs it; Ian Bergman is the chief executive.
Alchemist takes companies from anywhere in the world. Its own words are that Alchemist companies may be located anywhere, that it has alumni based in the United States, Europe, the Middle East, Africa and Asia, and that its investment structure is flexible and accommodates your country of incorporation. There is no requirement to be a US company and no requirement to move to the United States. An Indian-incorporated startup can apply to the main programme and be funded as an Indian company.
Who can apply
The real gate is what you sell, not where you are. Alchemist says it supports AI-SaaS and deep tech companies that monetise from enterprises, regardless of business model. It defines an enterprise startup by where the revenue comes from rather than by the product: B2B and B2B2C both qualify, hardware or software, large customers or small, licence or subscription or freemium. A consumer company does not fit.
It prefers founding teams of two or three, ideally with one or two technical co-founders and one business-side co-founder. It will admit purely technical teams. It accepts solo founders, but says the bar for them is significantly higher. Prior enterprise experience is not required. The application asks whether you are already incorporated and, if not, where and when you expect to incorporate, so teams that have not registered a company yet are still inside the funnel.
What it costs
This is a paid, equity-taking programme, and that is worth understanding before you apply. Alchemist charges a tuition fee, and offsets it with an investment into the company on founder-friendly terms, usually a SAFE. It also asks for what it calls a single-digit grant of common equity, and for the right to co-invest a minority amount in later rounds. Founders cover their own travel and living costs.
How programmes work
Each class runs for six months. It opens with an in-person week in and around the San Francisco Bay Area for orientation, workshops and networking. After that the core is a weekly gathering, usually on Thursdays, where founders share progress and get peer feedback, often followed by an expert talk or a workshop. Every founder is paired with a coach. Feedback Summits give founders hour-long office hours with venture investors, booked first come, first served. The programme ends in a Demo Day in front of an invitation-only audience of investors. Demo Day is virtual, with a live preview event in San Francisco a month beforehand.
For an Indian founder the practical question is how much of this needs a plane ticket. Alchemist is explicit that mentorship and programming are available virtually and that founders may take part from wherever they work, and its own application form offers being based outside the Bay Area and preferring to take part remotely as a choice. Two honest caveats sit alongside that. Programming and events are optimised for California and Europe time zones, which is an awkward fit for IST. And many community events happen only in person, including the opening week.
How to apply
One form at the apply page covers everything. Applications are rolling: you may submit at any time, it is reviewed at the next review date, and you hear back within about three weeks of the deadline you applied against. If you are invited, the interview is fifteen minutes and virtual. An offer follows in the week after the interview. Admissions questions go to admissions@alchemistaccelerator.com.
One caution about dates. Alchemist says all its application deadlines are listed on its home page, and at the time we checked the home page listed none, while the questions section still described a class beginning in January 2026 as the next one. The application form itself is live and accepting submissions, so treat the published dates as out of date rather than the programme as shut.
Other Alchemist programmes
Alchemist runs regional programmes alongside the main one, and their terms are not the same. Alchemist Chicago is run with the Polsky Center for Entrepreneurship and Innovation at the University of Chicago, with a quantum path shaped with Duality; it welcomes global founders but requires you to attend a bootcamp week in Chicago in person and to arrange your own visa, and its application deadline for the current round has passed. Alchemist Japan is a three-month in-person programme in Tokyo that feeds into the San Francisco programme; startups from around the world including Asia are eligible, but you must be able to sit the three months in Tokyo, and its next deadline and start date are listed only as to be announced. Alchemist Doha runs with the Qatar Research, Development and Innovation Council and is aimed at Qatar, MENA and emerging markets; it publishes no dates.
Separately, AlchemistX sells innovation programmes to corporations and governments rather than running an open intake for founders. Its named engagements include work with NetApp, LG, AWS, Siemens and several national agencies. It is not a route you apply to directly.
Scale and track record
Alchemist's own figures, self-reported and undated, are more than 750 startups accelerated, more than 70 companies acquired, and a network of around 7,000 mentors and investors. It names Cisco, Dropbox, Box, Palo Alto Networks, Zuora, Otoy and GE among acquirers of its companies. Startups it names itself include LaunchDarkly, Rigetti, OneBrief, ZaiNar and MoEngage, the India-origin customer engagement company it lists as a Class 8 alum. Its pages do not agree with each other on every number, so we publish only the ones it states consistently.
Careers and contact
Alchemist lists open roles on its careers page, based in San Francisco, remote in the continental United States, or hybrid. Speculative applications go to hiring@alchemistaccelerator.com. General support is listed as support@alchemistaccelerator.com on its German imprint.
Get in touch
Send a message to Alchemist Accelerator — we'll forward it on your behalf.
Who they work with
Stage
Sectors
Technology
Tags
Notable alumni
Exits & acquisitions
The team
Ravi Belani
Founder & Chairman
Ian Bergman
Chief Executive Officer
Paula Heddle
Chief Operating Officer
Danielle D'Agostaro
Managing Director
Laurent Rains
Managing Director, Alchemist Platform
Danielle Vivo
Director of Global Partnerships
Ryoko Manabe
Managing Director, Alchemist Japan
Alex Miguel
Head of Dealflow Operations (Admissions & Partnerships)
Frequently asked questions about Alchemist Accelerator
What does Alchemist Accelerator do?
Alchemist Accelerator is a six-month accelerator for startups that sell to businesses. It is based in San Francisco and run by Alchemist Accelerator, LLC, with a European entity, Alchemist Accelerator Europe GmbH, registered in Grunwald near Munich.
Where is Alchemist Accelerator located?
Alchemist Accelerator is based in San Francisco, United States.
What programs does Alchemist Accelerator run?
Alchemist Accelerator currently has 1 open programme: Alchemist Accelerator Flagship Program. 3 further programmes have run in the past.
Which Alchemist Accelerator programme should I apply to?
It depends on how far along your startup is. Prototype stage: Alchemist Chicago. MVP stage: Alchemist Flagship Program, Alchemist Chicago and Alchemist Japan. Early revenue stage: Alchemist Flagship Program and Alchemist Japan. Check the programme's own eligibility before applying — several programmes are sector-specific.
Do Alchemist Accelerator programmes charge a fee?
Most do not. and undefined are free to join, while Alchemist Flagship Program and Alchemist Japan charge a fee.
Does Alchemist Accelerator take equity?
It depends on the programme. and undefined take no equity, while Alchemist Flagship Program, Alchemist Chicago and Alchemist Japan take equity.
What sectors does Alchemist Accelerator support?
Alchemist Accelerator works with startups in SaaS, Deep Tech and AI/ML.
What stage of startup does Alchemist Accelerator support?
Alchemist Accelerator supports startups at the Ideation, Validation and Early Revenue stages.
What facilities does Alchemist Accelerator offer?
Alchemist Accelerator offers Co-working space, San Francisco.
How do I apply to Alchemist Accelerator?
Alchemist screens on where your revenue comes from, not on your product. If businesses pay you, you fit, whether that is B2B or B2B2C, hardware or software, a licence or a subscription. If consumers pay you, this is the wrong programme and no amount of polish on the application will change that. Say plainly, in your first line, who the paying customer is.
Who runs Alchemist Accelerator?
Ravi Belani (Founder & Chairman), Ian Bergman (Chief Executive Officer) and Danielle D'Agostaro (Managing Director).
Who is the CEO of Alchemist Accelerator?
Ian Bergman is the CEO of Alchemist Accelerator.
When was Alchemist Accelerator founded?
Alchemist Accelerator was founded in 2012. It operates as an accelerator.
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