Powerful Answers competition, receiving $1 million, and Handy (Boston 2012) Letter from the CEO raised $50 million, making them leaders in their industry of home cleaning services and bringing their fundraising total to an impressive $111 million. JOHN HARTHORNE Additionally, Turo (Boston 2010) raised $47 million and Localytics (Boston 2010) raised $35 million. Dear friends, Meantime, we have been busy preparing for our new programs in Israel and Switzerland as well as taking the next steps toward a launch in Mexico. Our The past year has been one of great change and transformation for program in Jerusalem will host the highest-impact startups in Israel and the MassChallenge, as we have matured into a truly global organization.In 2015, region. MassChallenge Switzerland launched in 2016, in an especially attractive we launched our first accelerator outside the US: MassChallenge UK, which ecosystem for its biotechnology, small business innovation, and large industry supported 90 high-impact startups in London. Our team has grown to over fifty links. We are also preparing for a launch in Mexico City, where we have been employees globally, we recruited high-quality talent into our executive team, we impressed by the talent and high caliber startups, including Estrenon, a 2015 accelerated 218 startups, we held seven Bridge Programs in six countries, and Boston Diamond Winner. we worked with over 100 sponsors. These positive indicators will only continue in 2016, as MassChallenge is poised to more than double in size again, with three In 2015 we expanded closer to “home” as well, launching MADE@ new accelerator programs launching on three continents. MassChallenge, a prototyping space designed specifically for hardware startups, based adjacent to our Boston accelerator. MADE@MassChallenge Our startups have already made a great impact. Our growing international supported over 30 startups in 2015 and demand is strong among our new alumni pool of 835 startups have now raised over $1.1 billion in outside funding, applicants. We also announced a partnership with the City of Newton and an achievement which puts us firmly at the top of the pack globally among the Cambridge Innovation Center to develop an innovation space in Newton, accelerators. Our alumni have also created over 6,500 high-paying, quality Massachusetts, to foster entrepreneurial growth in local markets. jobs and 32,500 indirect support jobs that add to their communities and the global economy. These are truly impressive achievements that validate progress We couldn’t do any of this without the generous support from our partners and towards our greater goals of creating jobs and building strong entrepreneurial sponsors, and of course, our incredible startups. Thank you for being on the ecosystems around the world. journey with us so far. We are just getting started so hang on tight! Our impressive alumni had some great wins in 2015: ViralGains (Boston 2013) Sincerely, raised $7.7 million in their Series A, Bounce Imaging (Boston 2012) won Verizon’s John Harthorne 44