Top 50 Startup Accelerators Based on Data — Now Updated for 2025

The best startup accelerators are NOT Y Combinator and Techstars, according to data. These are the top 40 accelerators based on exit rate.
January 20, 2021

Looking for the best startup accelerators in 2025? We analyzed hundreds of programs across the U.S., and the results may surprise you. (Spoiler alert: it’s not Y Combinator or Techstars!)

With more than 3,000 startup accelerators worldwide and over 1,000 in the U.S., choosing the right accelerator program can be overwhelming. That’s why our 2025 Startup Accelerator Rankings focus on what matters most to founders: the accelerator’s proven ability to help startups succeed.

Unlike other lists based on brand recognition or hype, our ranking uses real data, specifically each accelerator’s exit rate, or the percentage of portfolio startups that reached a successful exit, such as an acquisition or IPO.

The Top Startup Accelerator in the U.S. for 2025: Financial Health Network

According to our analysis, the number one accelerator in the U.S. for 2025 is Financial Health Network with an impressive 52.63% exit rate. Other high-performing accelerators include:

  • Betaworks with a 37.06% exit rate
  • AngelPad with a 35.83% exit rate
  • GrowthX with a 35.71% exit rate
  • Plug and Play Insurtech with a 25.77% exit rate

These accelerators are consistently turning early-stage startups into successful, high-growth companies.

Y Combinator, Techstars, and 500 Global Don’t Lead in 2025

While programs like Y Combinator, Techstars, and 500 Global (formerly 500 Startups) are some of the most recognizable accelerator names, they are not leading the pack this year.

In 2025, 500 Global ranks eighth, Techstars comes in twenty-sixth, and Y Combinator is twenty-eighth, with an exit rate of just 11.05%, which is roughly one-fifth that of Financial Health Network.

If your goal is to maximize your chances of a successful exit, it may be time to look beyond the usual suspects. Emerging accelerators like Financial Health Network, Betaworks, and AngelPad are delivering real results and higher exit rates for early-stage founders.

Rank Accelerator Portfolio Companies Exits Exit Rate Crunchbase Profile
1Financial Health Network191052.63%Link
2Betaworks1977337.06%Link
3AngelPad1204335.83%Link
4GrowthX14535.71%Link
5Plug and Play Insurtech972525.77%Link
6SixThirty1243125.00%Link
7Healthbox881618.18%Link
8Capital Factory1923317.19%Link
9500 Global245541616.95%Link
10Innovation Works3515415.38%Link
11Telluride Venture Accelerator20315.00%Link
12Travel Startups Incubator22313.64%Link
13The Brandery60813.33%Link
14Alchemist Accelerator5336812.76%Link
15AngelList1582012.66%Link
16Mucker Capital2172611.98%Link
17Founders Factory1511811.92%Link
18Health Care Service Corporation17211.76%Link
19Evergreen Climate Innovations43511.63%Link
20Techstars489656211.48%Link
21Forum Ventures4244811.32%Link
22Entrepreneurs Roundtable Accelerator (ERA)3644111.26%Link
23Rockies Venture Club63711.11%Link
24Y Combinator604766811.05%Link
25Plug and Play182620111.01%Link
26THE WORLD BANK37410.81%Link
27Betaspring74810.81%Link
28Pioneer Square Labs2129.52%Link
29Queen City Fintech5459.26%Link
30Village Capital357308.40%Link
3125Madison4848.33%Link
32MassChallenge30692427.89%Link
33Future Labs1317.69%Link
34South Park Commons176137.39%Link
35gener8tor254187.09%Link
36Boomtown Accelerators157117.01%Link
37Neo10276.86%Link
38ShelterTech1516.67%Link
39OneRise1516.67%Link
40NextFab1516.67%Link
41Capital Innovators12486.45%Link
42Softeq Development1616.25%Link
43Founders, Inc.8356.02%Link
44SOSV1447865.94%Link
45AlphaLab11875.93%Link
46Google for Startups1694975.73%Link
47XLerateHealth8045.00%Link
48Blue Startups10554.76%Link
49HAX345144.06%Link
50AcceliCITY powered by Leading Cities380153.95%Link

Data via Crunchbase

Bigger Is Not Better

The 2025 startup accelerator rankings show that small accelerators often deliver better results than the big names. Programs like Financial Health Network, Betaworks, and AngelPad top the list with exit rates above 35 percent, far ahead of large accelerators such as Y Combinator and Techstars, which both hover around 11 percent.

Smaller programs like GrowthX, Plug and Play Insurtech, and SixThirty also achieve strong exit rates, proving that hands-on support and selectivity can outperform scale.

Meanwhile, the biggest accelerators, including 500 Global and MassChallenge, show lower exit rates despite thousands of portfolio companies. At the bottom of the list, accelerators such as Blue Startups, HAX, and AcceliCITY have exit rates below 5 percent.

In short, startups that join smaller, focused accelerator programs have up to seven times higher chances of reaching a successful exit compared to those in large global accelerators.

The Best Small Startup Accelerators with Fewer than 100 Portfolio Companies

Since it's clear that bigger isn't necessarily better when it comes to startup accelerators, we wanted to see which micro accelerators with fewer than 100 portfolio companies but more than 10 come out on top.

Not surprisingly, smaller startup accelerators tend to perform much better at helping their portfolio companies reach successful exits than the large, popular programs.

Here are the top micro accelerators ranked by the exit rate of their portfolio companies.

Rank Accelerator Portfolio Companies Exits Exit Rate Crunchbase Profile
1Financial Health Network191052.63%Link
2GrowthX14535.71%Link
3Plug and Play Insurtech972525.77%Link
4Healthbox881618.18%Link
5Telluride Venture Accelerator20315.00%Link
6Travel Startups Incubator22313.64%Link
7The Brandery60813.33%Link
8Health Care Service Corporation17211.76%Link
9Evergreen Climate Innovations43511.63%Link
10Rockies Venture Club63711.11%Link
11Betaspring74810.81%Link
12The World Bank37410.81%Link
13Pioneer Square Labs2129.52%Link
14Queen City Fintech5459.26%Link
1525Madison4848.33%Link
16Future Labs1317.69%Link
17Neo10276.86%Link
18ShelterTech1516.67%Link
19OneRise1516.67%Link
20NextFab1516.67%Link
21Softeq Development1616.25%Link
22Founders, Inc.8356.02%Link
23XLerateHealth8045.00%Link
24Blue Startups10554.76%Link
25Health Wildcatters9633.13%Link
26MassChallenge Mexico3512.86%Link

Data via Crunchbase

The key takeaway is that smaller startup accelerators often deliver stronger results, helping portfolio companies reach successful exits more effectively than many larger programs. However, not all small accelerators perform equally well. Those near the bottom of the list for portfolios under 100 still fall behind the lower-performing programs in the overall top 50.

In Summary

While this analysis is based on data, it is not without limitations. Metrics such as founder satisfaction, valuation growth, exit size, and long-term outcomes would provide a more complete picture. Still, the data suggests that smaller accelerator programs tend to outperform larger and more established ones, raising important questions about where true startup success is being cultivated.

Hopefully this research helps founders identify the startup accelerators that best fit their growth goals and long-term success.

An Important Caveat About this List

We pulled data on accelerators from Crunchbase. I'm sure there are some gaps in the data, but it's probably more than good enough to get a reliable ranking. However, there probably isn't much of a difference between, say, number fifteen and sixteen on the list.