A four-month, hybrid programme in New York City, twice a year. ERA invests $150,000 on a post-money SAFE, the same amount for every company, converting into preferred shares representing 6% of the post-money valuation at the next equity round. Works across generalist, B2B, consumer and SaaS companies.
Investment
US$150,000 (Above North America median $100k · Above global median $61.3k)
Equity taken
6% (Above North America median 5% · At global median 6%)
Duration
17 weeks (Longer than North America median 13 wks · Shorter than global median 20 wks)