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500 Startups debuts fifth batch of accelerator companies

Having thrown open its doors to the startup masses for applications this fall on AngelList, 500 Startups is ready to announce its latest companies: 33 startups will arrive with the fifth accelerator batch this winter.

After the last batch presented at a demo day in July, 500 Startups accepted this group of companies on Oct. 4 and will groom them for a February demo day, said 500 Startups partner Christine Tsai. The accelerator and seed fund will likely hit its namesake goal of investing in 500 companies in 2013, and has been particularly successful so far with international growth.

The full list of startups can be found online here. Some fun facts about the curent batch:

  • 7 of the 33 companies, or 21 percent, have at least one female founder. While this number might not seem especially high, compare it to the only four percent of female Y Combinator founders accepted on average from 2005 to winter 2011.
  • 19 of the 33 companies are international, reflecting founder Dave McClure’s particular focus on looking outside the United States and Geeks on a Plane efforts. The current class has companies from Argentina, Austria, Australia, Brazil, Croatia, Denmark, India, Italy, Latvia & Estonia, Spain and Taiwan.
  • 500 Startups received “hundreds” of applicants via AngelList, since it was the first time they’d done a formal application (previously they selected companies through referral). However, they selected only eight companies from those applicants, putting the AngelList acceptance rate at less than 2 percent.

Thanks to the success with using the AngelList and application process, Tsai said she thinks they’ll use a similar process in the future, although referrals from founders of 500 Startups portfolio companies still play a large role.

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