Valence Security is thrilled to be part of the Microsoft for Startups Pegasus Program! A big thank you to Microsoft for consistently supporting the startup ecosystem with programs like these. Here is their blog post:
Unlocking opportunities by bridging the gap between startup solutions and enterprise challenges
Hans Yang, General Manager, Microsoft for Startups
May 3, 2023
Today we are excited to unveil the Microsoft for Startups Pegasus Program, which connects growth-stage startups to thousands of Microsoft’s top customers. The program is an extension of our Founders Hub platform and provides startups additional support by driving top-line revenue for those that have already achieved product-market fit in industries, including AI, health and life sciences, cybersecurity, and retail. The program acts as a matchmaker, identifying enterprise customers with business challenges and connecting them with the right startup solutions.
In pilot, the program has already helped over a hundred startups land enterprise customers, with an average deal size of $350,000.
“Many startups struggle when it comes to enterprise sales,” said Andy Pandharikar, founder and CEO of Commerce.AI. “Working with Microsoft for Startups helps us understand how enterprise customers look at and purchase new innovative products, and through this program we have been able to close nearly $1 million in deals.”