Northwestern Mutual Black Founder Accelerator - aVenture Asset Manager Research
Location
Madison, WI, US
Founded
2021
The Northwestern Mutual Black Founder Accelerator, based in Madison, Wisconsin, focuses on investing in high-growth startups founded by Black entrepreneurs. The accelerator typically invests in pre-seed and seed-stage companies, with investment amounts generally around $100,000. Their portfolio includes diverse sectors, reflecting a commitment to fostering innovation and growth among Black-led startups.
Notable portfolio companies include Qualifi, Stimulus, and 4Degrees, each having raised significant funding. The accelerator is powered by gener8tor, a nationally recognized startup accelerator. The program offers unique value-add services such as mentorship, networking opportunities, and access to additional capital resources, aiming to support the growth and success of their portfolio companies.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies14
Current Portfolio Count14
Top Investment Stages
Seed7 (53.8%)
Pre-Seed6 (46.2%)
Stage Mix
Seed 54%Pre-Seed 46%
Concentration shown as share of disclosed investments by stage.
