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2017 | 2018

We’re beyond excited to share the results of our second year.

2018 Report

Year two results!

We’re beyond excited to share the results of our second year. The data presented in this impact report accounts for the results of Gen.3 and Gen.4, a total of 59 startups that completed the program from March 2017 to March 2018. In addition, we offer preliminary results of pre18, the pre-acceleration program created after hurricane Maria.

All the information was collected from their exit and alumni surveys, as well from data gathered by the parallel18 team.

A #HurricaneStrong year

Total Revenue

For Gen.3 and Gen.4

$24,448,965

Total revenue across all Generations $55,577,002

Total revenue in Puerto Rico

For Gen.3 and Gen.4

$8,140,764

Total revenue across all Generations $17,043,222

puerto rico

Total revenue
in Puerto Rico

For Gen.3 and Gen.4

Investment

For Gen.3 and Gen.4

$17,794,000

Total investment across all Generations $29,604,000

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Investment raised in Puerto Rico

For Gen.3 and Gen.4

$2,670,000

Total investment from PR across all Generations $3,709,000

Investment raised in Puerto Rico

For Gen.3 and Gen.4

Portfolio valuation

For Gen.3 and Gen.4

$244,215,000

Total investment across all Generations $425,715,000

pre18: revenue in the program

$541,000

Pre18: revenue in the program

Applications

Companies applying by generation

Applying countries by generation

Download the full report.

2018 Report