A recent ranking of America’s top tech accelerators has St. Louis-based Capital Innovators in the top 10.
The ranking considers factors such as its portfolio companies’ valuations; exits from portfolio companies; how much money portfolio companies have gone on to raise; survival rate; founder satisfaction; and the accelerator’s alumni network.
Last year, Capital Innovators ranked tied for No. 6 on the list.
Capital Innovators, led by CEO Judy Sindecuse, hands out $50,000 investments to six startups twice per year. It’s the only accelerator in the top 10 to not have a significant presence on either coast.
To date, Capital Innovators has invested $2.3 million in tech startups. Capital Innovators’ portfolio companies have gone on to approximately $100 million from investors since graduating from the program. Those companies have also gone on to create more than 500 jobs.
Its most recent class, which was announced in February, includes EmADgine (Santa Clara, California); FocalCast (Milwaukee, Wisconsin); Jobsite Unite (Des Moines, Iowa); and St. Louis startups Dabble, NATIV Labs and MeterGenius.
Sindecuse is also starting her own tech fund, which will likely invest in Capital Innovators’ portfolio companies upon completion of the program. Already, Sindecuse has raised more than $4 million for the fund.