Wisconsin-based venture capital firm gener8tor Management LLC is known for its prestigious equity startup accelerator programs and the dozens of free early-stage entrepreneurship programs it runs nationwide.
But the firm is also affiliated with a lesser-known angel investment group — gANGELS — that recently backed two fast-growing companies in southeast Wisconsin.
Formed in 2019 and led by gener8tor investor Nicole Justa of N29 Capital Partners LLC of Manitowish Waters, gANGELS now has close to 70 members — most of which are in Wisconsin, Justa said. Last year, the group backed 10 companies, six based in Wisconsin, with investments totaling around $1 million, she added.
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