The Breakthrough Lab is open to:
- Entrepreneurial-spirited teams with a minimum of two members. The program allows up to three founders to participate.
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Bank of America Breakthrough Lab®
Educating and empowering entrepreneurs
Bank of America Breakthrough Lab® is an impact accelerator program with a focus on providing business and economic opportunities to women and underrepresented entrepreneurs. Visit our application page to learn more about program eligibility and how it works.
"As a first-time fintech founder, the BTL program significantly expedited my learning process. It afforded us direct access with top-tier industry experts and seasoned investors, who generously shared actionable insights that propelled our startup’s growth. I take immense pride in being a part of this dynamic community"
Stephanie Joseph, Co-founder & CEO, Kura
Meet the Team
Rina Arline | Managing Director, Program Director - Global
Linda Haddad | Director, Program Coordinator - Global
Eveanandi Butler | Director, Program Coordinator - Americas
Natalie Floyd | Vice President, Program Coordinator - EMEA
Jessica Greene | Analyst, Program Analyst - Global
Bank of America Breakthrough Lab’s current cohort
United States
- CampusLush: CampusLush, often called the Eventbrite for colleges, addresses the issue of disconnected campus resources by centralizing everything students need—from events and academic support to career opportunities—into one easy-to-use platform. This solution keeps students engaged and on track for success while providing universities with valuable insights to boost retention and enabling corporations to connect with top, diverse talent for internships and job opportunities.
- Candlelit Care: Candlelit Care™ addresses the Black maternal mental health crisis through both in-person and virtually-assisted perinatal mood and anxiety symptom screening, personalized coaching, guided psychoeducation and same-day provider referrals to offer culturally-affirming, preventive care to new and expecting moms.
- Data Love Co.: The Data Love Co. empowers mission-driven organizations with AI-powered data management tools, enabling them to make impactful, data-driven decisions.
- Flexie: Flexie partners with fast-food franchises to help overcome staffing challenges by providing a flexible CREW (Consistent, Reliable Extended Workforce) to fill shifts on demand.
- MyPlanKeeper: MyPlanKeeper™ bridges the gap between consumers and their trusted retirement providers, ensuring continuity and personalized support through AI-powered emotional intelligence. Experience a retirement focused on your complete well-being: financial, emotional, social, and cognitive.
- Sharely: Sharely helps brokerage firms attract and retain purpose-driven clients with a plug & play impact add-on for investment accounts.
- Value Buddy: For M&A Bankers, SBA Lenders, and Business Brokers who have a slow and expensive underwriting valuation process, Value Buddy provides a streamlined valuation and risk management platform that significantly reduces the time and cost to prepare business valuation reports.
- Credytu: Credytu is a technology company building AI-powered tools to help CDFIs streamline and enhance their lending process, increase their client reach through bilingual and accessible services, and have access to secondary market alternatives to expand their capacity.
- WealthMeUp: Female-first fintech platform seamlessly integrating investing into everyday lifestyle.
LATAM
- Melvinpay: Melvin is a digital solution that allows pet owners to finance their veterinary fees in minutes. It is also an excellent solution for pet clinics to acquire and retain customers by offering flexible payment options.
- Olé: Olé is a fintech startup on a mission to improve gig-workers financial stability in Latin America. We achieve this by working shoulder to shoulder with gig-platforms helping them automate processes by leveraging AI.
- Scalable: Scalable is a fintech for startups - our mission is to help founders unlock the full potential of their business. We connect directly with your billing system, automating the analysis of KPIs such as NDR, CAC-payback. in a data-driven way, and provide agile capital based on this data for you, the founder, to scale your journey without having to undergo necessary dilution.
- Zaut: ZAUT is a SaaS + Fintech platform that formalizes off-the-books employee payments for Brazilian SMEs.
EMEA
- ClearboxHealth: Clearbox's mission is to transform healthcare delivery with its tech-enabled data consultant for healthcare providers and insurers.
- MyPop: MyPop is a B2B SaaS Platform that provides an AI agent that help teams learn from past mistakes to mitigate risk in future projects, seamlessly integrating with everyday tools to coaching teams to improve daily while facilitating their operational needs and measuring impact.
- Octamile: Octamile provides insurers and businesses with the tools to manage insurance processes, enabling embedded insurance, claims automation, and efficient customer onboarding.
- Thred: Thred provides a simplified way for couples to plan, invest and manage their finances together in one place. We aim to help couples confidently achieve their financial goals with peace of mind.
APAC
- Areno: Areno is an AI powered gamified Arena for Fitness and Wellness activities which rewards users for maintaining healthy habits.
- Arishti: Arishti is a cyber security startup building MessageMe® – a consent-based enterprise messaging platform for sensitive communications.
- Vitto: Vitto is a MSME focused FinTech using behavioural data for credit risk profiling and automating credit decisioning with AI assistance.
Program alumni
These are the companies that have graduated from the Bank of America Breakthrough Lab:
United States
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Europe
Latin America
APAC
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In the News
Bank of America Newsroom:
Bank of America Announces Accelerator Program that Provides Economic Opportunities to Entrepreneurs from Underrepresented Communities (05/16/2023)
Global Finance: Global Finance named Bank of America Breakthrough Lab® as one of the world's best innovation labs of 2023 (05/31/2023)
Forbes: Bank Of America’s Launches Program For Underrepresented Entrepreneurs (05/16/2023)
Bank of America Newsroom: Bank of America Announces Accelerator Program that Provides Economic Opportunities to Entrepreneurs from Underrepresented Communities (05/16/2023)
Treasury Management International: TMI named Bank of America Breakthrough Lab® as Best Social Innovator in the magazine’s 2022 Treasury4Good Awards (01/19/2023)
SF Business Journal Article: https://www.bizjournals.com/sanfrancisco/news/2024/03/11/bank-of-america-women-minority-entrepreneurs-vc.html
