Incubating and growing new ventures at speed

Success story: BCG Digital Ventures

Boston Consulting Group Digital Ventures is the venture building branch of Boston Consulting Group. It aims to disrupt old business models by matching corporate expertise and resources with the innovation and flexibility of startups. Examples of successful companies that BCGDV have incubated include Coup, Matmatch, and Heycar.

The challenge

BCGDV-incubated startups tend to have large amounts of investment behind them, meaning that they have the ability – but also the need – to grow quickly. BCGDV needed a trusted partner who could consistently deliver on bringing in top talent to these projects.

The result

ACELR8 first collaborated with BCGDV to help grow Matmatch’s technical team in their Munich office. After successfully recruiting engineers for Matmatch, we contributed to some of DV’s other projects in Berlin, including Heycar (a platform for premium used cars), AtFarm (which uses satellite images to optimise agriculture), and NIST (digitalisation of real estate financing).

In 2017 we further strengthened our collaboration with BCGDV by becoming their official talent partners in Berlin. Since March 2018, we have been working in-house at BCGDV. From August 2018 we have been building out a pilot programme to establish a new cohort within DV: Talent Architecture. We sent four Talent Partners – Swenja, Viola, Joyce and Edmund – to help DV with this mission.

The Talent Architecture cohort was the first recruitment team within DV focused solely on venture hiring. The pressure was on to deliver; both in order to find the exceptional talent that these early-stage ventures needed in order to be successful, and to deliver a successful pilot.

After some key technical hires for multiple different ventures, including LabTwin and Up42, the pilot was deemed a success. Talent Architecture has been established as a new cohort with DV Berlin, and will hire for all ventures that DV Berlin incubates in the future.


Sector
Venture capital
Snapshot
ExecutiveAgencyConsultancyTalent partnerGrowth

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