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
gener8tor offers $20,000 in exchange for 6-7% of equity and another $80,000 in the form of an uncapped convertible note. gener8tor takes no board seats, no preferred shares, and no liquidation preferences.[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]
gener8tor invests in high-growth startups, including software, IT, web, SaaS, e-commerce and hardware.[5]
Acceptance
In its Madison 2017 class, gener8tor accepted 5 out of 691 companies.[8][9]
History
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] In 2024, gener8tor partnered with several municipalities and universities to expand its accelerator programs across additional U.S. regions. For example, the City of Charlotte, North Carolina, launched new gALPHA and gBETA accelerator programs in collaboration with gener8tor to support local entrepreneurs and early-stage startups.[11]
Gener8tor Fund II
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 dollars to "Gener8tor Fund II". The funds are for operations and investments of the gener8tor companies.[12]
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