Gener8tor
Gener8tor (stylized gener8tor) is an American startup accelerator that operates in several US cities, including Madison, Milwaukee, and Minneapolis. Since its inception, Gener8tor has invested in 180 companies, which have gone on to raise more than $1 billion in total follow-on financing.
 | This article reads like a press release or a news article and may be largely based on routine coverage. (September 2021) |
| Industry | Venture Capital |
|---|---|
| Founded | June 2012[1] |
| Headquarters | |
Number of locations | 3 (2017) 46 cities (2021) |
Key people | Troy Vosseller, Joe Kirgues, Maggie Brickerman, Abby Kursel |
| Brands | gBETA
NMotion Motown Accelerator OnRamp Conference Series |
Number of employees | 90+ |
| Website | Official website  |
Gener8tor (stylized gener8tor) is an American startup accelerator that operates in several US cities, including Madison, Milwaukee, and Minneapolis.[2]
Since its inception, Gener8tor has invested in 180 companies, which have gone on to raise more than $1 billion in total follow-on financing.[3][4]
Program
[edit]Gener8tor offers $20,000 in exchange for 6–7% of equity and another $80,000 in the form of an uncapped convertible note.[5][6]
Each class happens in a different city, with Madison in the Spring, Minneapolis in the Summer, and Milwaukee during the Fall. Each class lasts about 3 months.[7]
In its Madison 2017 class, Gener8tor accepted 5 out of 691 companies.[8][9][needs update]
History
[edit]Gener8tor's first fund was backed by Dan Armbrust, founder of Granite Microsystems, a Mequon, Wisconsin equipment manufacturer, and Dan Bader, president and CEO of Bader Philanthropies. gener8tor is a sponsor for Front Row Motorsports driver Todd Gilliland in the NASCAR Cup Series.[10]
Gener8tor Fund II
[edit]CSA Partners Venture Management, a venture capital fund backed by Chris Abele, Milwaukee County Executive, and former president and CEO of the Argosy Foundation, Wisconsin Investment Partners, and other individual investors contributed $2.1 million to "Gener8tor Fund II". The funds are for operations and investments of the Gener8tor companies.[11]
References
[edit]- ^ Newman, Judy (June 16, 2012). "Tech and Biotech: gener8tor looks to grow new Wisconsin tech firms". Wisconsin State Journal.
- ^ "Gener8tor's Minneapolis accelerator gets new leader". www.bizjournals.com. Retrieved July 17, 2017.
- ^ "Statistics". gener8tor. Retrieved July 17, 2017.
- ^ Journal, Judy Newman | Wisconsin State. "Gener8tor unleashes its latest class of startups". madison.com. Retrieved July 17, 2017.
- ^ "Apply". gener8tor. Retrieved July 17, 2017.
- ^ "Badger Business Generators: Joe Kirgues & Troy Vosseller". Wisconsin Alumni Association. March 8, 2015. Retrieved July 17, 2017.
- ^ "Gener8tor named one of the country's top 16 accelerators". Retrieved July 17, 2017.
- ^ Moe, Alex (May 15, 2017). "Premiere Night showcases gener8tor's latest group". WisBusiness.com. Retrieved July 17, 2017.
- ^ "Errund joins top startup accelerator - The Errund Blog". The Errund Blog. February 2, 2017. Retrieved July 17, 2017.
- ^ "gener8tor, Ruedebusch Development to Continue Sponsorship of Todd..." Racing America. Retrieved March 30, 2024.
- ^ Lee, Troy (December 1, 2014). "Gener8tor's New Fund Worth $2.1M". madisonstartups.com. Eat Drink Madison, LLC. Retrieved June 23, 2015.