Wisconsin startup accelerator Gener8tor continues to rack up national recognition for its work.
For the third year in a row, the accelerator has been named among the top 16 startup programs in the U.S. by the independent research entity Seed Accelerator Rankings Project.
The 2017 rankings, released June 5, recognized Gener8tor as a gold tier program. A total of 30 seed accelerators were honored by the Seed Accelerator Ranking Project, which groups the best programs into five tiers: platinum plus, platinum, gold, silver and bronze grades.
“This ranking reflects the commitment from our entrepreneurs, startups, mentors and investors who are working to build a stronger tomorrow across the region and the country,” said Gener8tor co-founder Troy Vosseller in a news release.
Of the top 16 programs recognized, Gener8tor is one of only four programs that do not have a presence in California; the other three are either based in Chicago or Boston. Gener8tor has offices in Madison, Milwaukee and Minneapolis.
The rankings were compiled through measuring weighted metrics in the following categories: valuation, qualified exit, qualified fundraising, survival, founder satisfaction and alumni network. To create the report, founders of the startups were surveyed and confidential startup outcome data was provided by the accelerators.
Founded in 2012, Gener8tor takes on five high-growth startups for a 12-week mentorship program three times a year. The selected companies are then supported with up to $140,000 in investments each, as well as through Gener8tor's network of mentors, technologists, corporate partners, angel investors and venture capitalists.
For the full Seed Accelerator Ranking Project report, click here.