# Northwestern Mutual Black Founder Accelerator

> Northwestern Mutual Black Founder Accelerator is a VC fund backing Software and FinTech. See 23 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Madison, United States
- Total investments: 23
- Last investment: Oct 2023
- Lead investor: 78%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/gener8tor/
- X (Twitter): https://twitter.com/gener8tor
- Website: https://gener8torblackfounderaccelerator.com/
- Facebook: https://www.facebook.com/gener8tor

Northwestern Mutual Black Founder Accelerator is a VC fund in Madison focused on Software and FinTech. Northwestern Mutual Black Founder Accelerator powered by gener8tor invests in high-growth startups founded by Black entrepreneurs.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 8 | 35% |
| FinTech | 5 | 22% |
| SaaS | 4 | 17% |
| Financial Services | 4 | 17% |
| Artificial Intelligence | 4 | 17% |

38 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 11 | 48% |
| Pre-Seed | 7 | 30% |
| Grant | 1 | 4% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Shur | Shur is a B2B2C connecting the financial services industry to millions of Professionals with Student Loans. Our company-based financial wellness programs integrate alternative credit scoring, advice, insurance, and banking. Borrowers move from debt to wealth creation, while we build new revenue for banks and other financial institutions. | $100K | Seed | Oct 09, 2023 |  |
| CashEx | CashEx is a digital banking mobile application platform used to send and receive money without any transaction fee. This platform offers features like easy signup, a multi-currency wallet, zero transaction cost, a fund wallet, and swap currency. The company is headquartered in Cambridge, Massachusetts. | $100K | Pre-Seed | Oct 09, 2023 |  |
| Foresight | Foresight is led by a passionate team of tech, lending, and banking veterans and backed by Techstars and Northwestern Mutual. | $100K | Pre-Seed | Oct 09, 2023 |  |
| ModernTax | ModernTax is API platform that enables financial and fintech companies to access and verified IRS taxpayer records and (2) an employee financial benefits platform providing benefits teams with a comprehensive tool to automate taxable events. ModernTax answers the tax and accounting industry’s need for: 1. Connection between taxpayers and businessproviders 2. Accessibility of tax data and virtual tax filing services 3. Efficiency of processes for tax and accounting service providers | $100K | Seed | Oct 09, 2023 |  |
| Athlytic | Athlytic is an AI-enabled marketplace that connects student-athletes with potential brand partners. Athlytic allows student-athletes to take advantage of monetizing their likeness without taking away from their ability to perform at a high level in their prospective sport. | $100K | Seed | Oct 09, 2023 |  |
| Shur | Shur is a B2B2C connecting the financial services industry to millions of Professionals with Student Loans. Our company-based financial wellness programs integrate alternative credit scoring, advice, insurance, and banking. Borrowers move from debt to wealth creation, while we build new revenue for banks and other financial institutions. | $100K | Pre-Seed | Oct 09, 2023 |  |
| Home Lending Pal | Home Lending Pal charges lenders monthly to implement fairness solutions to increase fairness and profits. We remove preconceived notions from lenders that increased fairness equals decreased profits while building trust and engagement with marginalized communities.Our monthly software + CRA Qualifying Marketing fees for banks aim to increasecompliance, speed, and readiness through automation. HLP customer success teams lead marketing optimizations to increase application volumes, approval, and take rates. | $100K | Seed | May 04, 2023 |  |
| UzObi | UzObi is empowering individuals to make healthcare decisions that are morally directed and based on their beliefs. | $100K | Grant | Sep 27, 2022 |  |
| UzObi | UzObi is empowering individuals to make healthcare decisions that are morally directed and based on their beliefs. | $100K | Grant | Sep 27, 2022 |  |
| UzObi | UzObi is empowering individuals to make healthcare decisions that are morally directed and based on their beliefs. | $100K | Grant | Sep 27, 2022 |  |

10 of 23 investments shown.

## Co-investors
- [The BFM Fund](https://shizune.co/investors/profile/black-founders-matter) — VC Fund, 2 deals together
- [Black Operator Ventures](https://shizune.co/investors/profile/black-ops-ventures) — VC Fund, 2 deals together
- [Bronze Valley](https://shizune.co/investors/profile/bronze-valley) — VC Fund, 2 deals together
- [Fund for Health](https://shizune.co/investors/profile/fund-for-health) — VC Fund, 2 deals together
- [gener8tor](https://shizune.co/investors/profile/gener8tor) — VC Fund, 2 deals together
- [Genius Guild](https://shizune.co/investors/profile/genius-guild) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Northwestern Mutual Black Founder Accelerator invest in?

Northwestern Mutual Black Founder Accelerator invests primarily in Software, FinTech and SaaS startups, most often at Seed and Pre-Seed stage. Most of the 23 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Northwestern Mutual Black Founder Accelerator last invest?

The most recent investment recorded for Northwestern Mutual Black Founder Accelerator closed in Oct 2023. Shizune tracks 23 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co