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On Deck

Startup accelerator for early-stage founders

Overview

ODF by On Deck helps people at the exploration stage of starting a company by bringing together 80–100 peers to work through early questions and get started. It works through a cohort-based, peer-learning approach where participants validate their team, product direction, target customers, and funding plan using feedback, introductions, and guidance from the group. It differs from typical accelerators by focusing on the exploration phase and collective problem-solving within a large, like-minded community rather than only on later-stage funding or one-on-one mentorship. The goal is to help more people start better startups by clarifying the missing pieces early and deciding the right next steps to build a viable business.

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About On Deck

Simplify's Rating
Why On Deck is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

ConsultingVenture Capital

Company Size

1,001-5,000

Company Stage

Series B

Total Funding

$59.8M

Headquarters

Los Angeles, CA

Founded

2019

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Simplify's take

What believers are saying

  • Love On Deck is live, and Friends On Deck launches Summer 2026.
  • Vibes On Deck and Everything On Deck extend engagement into fall and winter.
  • ODF28 began Q3 2026, preserving cohort momentum and selective community demand.

What critics are saying

  • Erik Torenberg left co-CEO duties by 2026, signaling leadership churn after repositioning.
  • On Deck keeps shrinking scope, diluting the original career-network thesis.
  • No fresh funding since 2021 leaves hiring, runway, and exit options constrained.

What makes On Deck unique

  • ODF28 still runs 80-100 person founder fellowships with no equity, plus 3,000 alumni.
  • On Deck Society extends the brand into dating, friends, and community products in 2026.
  • Perks and scholarships keep attracting early founders despite higher program costs.

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Funding

Total Funding

$59.8M

Above

Industry Average

Funded Over

0 Rounds

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