The fifth cohort started on Friday and will participate in an intense twelve week program that helps develop and prepare startups to pitch investors on demo day and then continue as successful companies past that. Gener8tor invests capital, resources, support and mentorship into the companies.
The midwest accelerator program has become extremely competitive, receiving over 450 applications for the five available spots. Gener8tor reports that since 2012 their 23 startup graduates have gone on to raise close to $25 million dollars in follow on funding. Those startups have also created more than 150 jobs.
The Milwaukee Business Journal reports that three of the five companies in this cohort are from Wisconsin which is what the Gener8tor founders were hoping for.
Here are the five startups:
- Beekeeper (Madison) Beekeeper Data’s collaborative software platform allows companies to make smarter decisions with their vast amounts of data.
- Hitlist (Provo, Utah) Hitlist “takes the annoyance out of advertising,” through a SaaS application that uses gamification techniques to display user data for online publishers. The app was developed at the request of advertising giant J. Walter Thompson.
- Modern Movement (Madison) Modern Movement is creating the next generation of balance training products by combining instability and three-dimensional movement with sensor-based performance measurement and tracking.
- Project Foundry (Milwaukee) Project Foundry is an intuitive, Web-based platform that helps students and teachers manage and expedite authentic personalized learning, with features like Google Drive integration, collaborative communication, standards-based reporting and student self-assessment.
- Stock Mfg. Co. (Chicago) Stock is a vertically integrated, domestically made clothing brand that blends an innovative sales model with old-school, American craftsmanship. Stock is the preferred outfitter of clients including Goose Island Beer Co., Soho House Chicago and Alinea Restaurant Group.