The Alchemist Accelerator is a new venture-backed initiative focused on accelerating the development of seed-stage ventures that monetize from enterprises (not consumers). The accelerator’s primary screening criteria is on teams, with primacy placed on having distinctive technical co-founders. The accelerator seeds around 75 enterprise-monetizing ventures through three programs per year. Over 50% close institutional rounds within 12 months of their Alchemist Demo Day. Ventures, Menlo Ventures, Redpoint Ventures, Social + Capital Partnership, and True Ventures.