gener8tor Ranks Top 16 In Annual Accelerator Rankings
Wisconsin startup accelerator gener8tor made the “gold” category on this year’s Seed Accelerator Rankings Project (SARP) report.
Now in it’s fifth year the SARP has become a bible of sorts to those ranking the seed accelerator phenomenon. The Seed Accelerator Rankings Project is an independent non-partisan research entity run by academics. For the past five years they’ve been able to dig into the core of some of the country’s most popular accelerators and independently rank them based on valuation, qualified exit, qualified fundraising, survival and founder satisfaction. Often times accelerators won’t talk about some of these metrics publicly in fear that they might turn off investors or potential startup applicants.
For an accelerator to be ranked in the study they must meet the definition of accelerator; a fixed, cohort based program with a mentorship and education component that culminates in a pitch event or demo day. The accelerator must have graduate 10 alumni and be based in the United States.
This year’s top rated programs were Angel Pad and Y-Combinator.
Wisconsin’s startup accelerator gener8tor ranked in the gold category alongside 500startups, HAX, Healthbox, IndieBio, MassChallenge, R/GA and SkyDeck. This was the third time that gener8tor showed up in the top sixteen. It’s also the first time that Cincinnati’s Brandery accelerator, did not.
gener8tor holds cohort based full accelerator programs in Milwaukee and Madison every year. They’ve also added programs in Beloit, and there are rumors that they may expand into Indianapolis.
“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,” says Troy Vosseller, gener8tor Co-Founder.
We’ve been reporting on gener8tor since they started. They are the epitome of an “everywhere else” startup accelerator. “
“gener8tor is one of only four programs ranked in the top 16 that do not have a presence in California. The other three are Chicago-based Healthbox, the University of Chicago’s New Venture Challenge (NVC) and Boston-based MassChallenge.” Vosseller said in a statement.