gener8tor Oklahoma City Invests $800K into Eight New Innovative Startups for 12-Week Accelerator Program
Published: Friday, April 19, 2024 Source: Staff Reports
Eight new fast-growing startup companies from across the country have each been selected to receive a $100,000 investment and participate in the gener8tor Oklahoma City Investment Accelerator.
The selected startups are: meal matching app Availyst; digital and traditional asset platform Coast; developer tool Guidepad; real-time travel data analysis platform Meander; manufacturing export platform MyAddo; alternative energy juice Rejuvenation; web optimizer Roboamp; and tech talent evaluator ScoreAI by Simbiosis.
gener8tor Oklahoma City Investment Accelerator invests $100,000 into each of eight high-growth startups per cohort across all industries and business models. Accepted startups take part in the intensive 12-week, cohort-based accelerator program, which includes 1:1 coaching, mentorship-driven programming, $1M+ in deals and perks, and 100+ connections to the gener8tor network of mentors and investors.
gener8tor Oklahoma City Investment Accelerator program received more than 120 applications from across the country for the program. The eight selected companies were chosen based on their growth potential and investor readiness.
“This program represents an exciting opportunity for entrepreneurs and startups to access the resources and support needed to thrive in today’s rapidly evolving business landscape,” said Jennifer McGrail, executive director of the Oklahoma Center for the Advancement of Science & Technology.
The gener8tor Oklahoma City Investment Accelerator program is part of the OKlahoma Accelerator Program funded through the Oklahoma Legislature and is made possible through partnerships with the Oklahoma Center for the Advancement of Science and Technology, Cortado Ventures, and Boyd Street Ventures.
“Cortado Ventures partners with the best to source and support innovative companies in the Midcontinent. Partnering with gener8tor and investing alongside in outstanding pre-seed companies is a force-multiplier and embodies our vision to back founders building outside traditional coastal hubs. The gener8tor model proves the advantage of backing companies at the forefront of this third wave of innovation,” said Nathaniel Harding, Managing Partner of Cortado Ventures.
At the end of the gener8tor Oklahoma City Investment Accelerator program, the startup founders will pitch their companies to investors, community partners and the public at a Showcase event at 6 p.m. on June 12 at Skyline on Bricktown Canal (RSVP).
Startup founders interested in learning more about gener8tor’s programming or applying to a future gener8tor Oklahoma City program can visit the gener8tor Oklahoma City Investment Accelerator website, or reach out to Managing Director Anita Ly at anita@gener8tor.com. Those interested in mentoring these companies or getting involved in other ways are also encouraged to connect.
