Three Thirty Five

Announcing GCT’s Third Cohort of Startups!

We hope everyone is having a fantastic summer. Please pardon the recent radio silence on our end; we’ve been very busy here at GCT. Today, we announced our third cohort of 19 companies for 2016 – 2017 with fantastic coverage from Business Insider.

Selected from over 1,000 applications, this year’s was our most competitive class to date with a <2% acceptance rate. The 2016 - 2017 class builds on the momentum and excellence of our previous two classes, which collectively have raised ~$90MM and increased in headcount by ~80%. Furthermore, in keeping with GCT objectives, this newest class is not just excellent and poised for success, but diverse as well. Across three classes now, nearly ⅔ (64%) of GCT companies are founded by either a woman, veteran, or person of color.

Taken together with the fact that GCT continues to operate our 45k sq ft Build coworking space for GCT-graduate companies, and that we will be opening the 50k sq ft Hub@GCT this August, GCT now operates the largest, explicitly tech-focused community of startups under one roof that we know of in New York City. That each company is vetted as they walk through the door likewise ensures our curated community is not just large, but also remarkably high achieving.

Put another way… With over 100,000 sq. feet and ~100 premier technology companies under its purview, GCT has built one of the largest, most selective and simultaneously most inclusive verticalized tech ecosystems in the world.

This is a long road to have traveled in two-and-a-half years and we’re deeply appreciative of all of your support in helping us get to this point.

Without further ado then, click here for a brief description of each of the 19 companies in GCT’s 2016 – 2017 class!

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