Wisconsin Investment Partners Invests in gener8tor Alumni
Leading Angel Group Commits $11,000 Investments in each Company Graduating from gener8tor in 2014
MADISON – Wisconsin Investment Partners (WIP) and gener8tor announce that WIP is committing to invest $11,000 (up to $110,000 in all) in each startup emerging from the gener8tor Winter and gener8tor Summer programs in 2014.
Said WIP Co-‐Manager Andy Shrago, “We’re excited to join with gener8tor in investing in the great companies emerging from their accelerator programs.” Added gener8tor co-‐founder Troy Vosseller, “we are thrilled to partner with one of Wisconsin’s most prestigious angel groups by jointly investing in some of the region’s best startups.” WIP joins Angels on the Water and gener8tor in bringing the total amount of guaranteed follow-‐on funding available to companies emerging from the gener8tor program to $70,000 per company.
WIP and gener8tor will announce the commitment on stage at gener8tor’s Premiere Night event on April 3 at the Barrymore Theater. Over 400 investors, entrepreneurs, business and government leaders are registered to attend the event.
WIP was formed in 2000 with just over 20 members. Since then the organization has grown to over 70 members. WIP has invested nearly $20 million in over 40 early-‐stage companies, predominantly Wisconsin-‐based. gener8tor was formed in 2012 and has invested in over 23 emerging companies of which 16 are headquartered in Wisconsin. gener8tor’s 23 portfolio companies have raised close to $20 million in outside funding. In the process, gener8tor’s portfolio companies have created close to 100 full-‐time jobs.
Premiere Night event details:
Thursday, April 3
5:00-‐9:00 pm
Barrymore Theatre
2090 Atwood Ave
Madison, WI 53704
Ticketing for the event is by invitation and request. Please address any inquiries to joe@gener8tor.com.
For more information, visit www.gener8tor.com or follow us at @gener8tor. gener8tor is thankful for the support of American Family Insurance as its premier program sponsor.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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