2023 TOP INVESTORS IN VC-BACKED STARTUPS BASED IN METRO MILWAUKEE

The organizations and individuals listed below have invested in companies we defined as Milwaukee-area startups in our Metro Milwaukee Innovation DataTool. They are ordered based on the number of investments they have made in those companies; data on the value of these investments were not available.

Click here for our list of Milwaukee-area startups. (Source: PitchBook Data, Inc.)

Investor Primary Investor Type HQ Location # of Investments in MKE Area Startups
gener8tor Accelerator/Incubator Madison, WI 39
Wisconsin Economic Development Corporation Government Madison, WI 37
BrightStar Wisconsin Foundation Venture Capital Milwaukee, WI 24
National Science Foundation Government Alexandria, VA 15
CSA Partners Venture Capital Milwaukee, WI 12
The BREW Accelerator Accelerator/Incubator Milwaukee, WI 12
Cream City Ventures Corporate Venture Capital Milwaukee, WI 11
Right Side Capital Management Venture Capital San Francisco, CA 9
Winnebago Seed Fund Venture Capital Neenah, WI 8
Wisconsin Super Angel Fund Angel Group Milwaukee, WI 8
Arenberg Holdings Venture Capital Milwaukee, WI 7
gBETA Accelerator/Incubator Madison, WI 7
Golden Angels Investors Angel Group Brookfield, WI 7
Madworks Accelerator Accelerator/Incubator Madison, WI 7
UWM Research Foundation Limited Partner Milwaukee, WI 7
WAFTT Capital Venture Capital Mequon, WI 7
Ideadvance Accelerator/Incubator Madison, WI 6
Plug and Play Tech Center Accelerator/Incubator Sunnyvale, CA 6
Rock River Capital Partners Venture Capital Madison, WI 6
U.S. Department of Health and Human Services Government Washington, DC 6
Advocate Aurora Health Corporation Downers Grove, IL 5
Doyenne Group Accelerator/Incubator Monona, WI 5
National Institutes of Health Government Bethesda, MD 5
Department of Energy Government Washington, DC 4
Evergreen Climate Innovations Venture Capital Chicago, IL 4
Gateway Capital Partners (Milwaukee) Venture Capital Milwaukee, WI 4
Imagine H2O Accelerator/Incubator San Francisco, CA 4
M25 Venture Capital Chicago, IL 4
Project Pitch It Corporation 4
American Family Ventures Corporate Venture Capital New York, NY 3
Jeffrey Rusinow Angel (individual) Ozaukee County, WI 3
MaSa Partners Impact Investing Madison, WI 3
N29 Capital Partners Venture Capital Manitowish Waters, WI 3
Sachse Family Fund Family Office Milwaukee, WI 3
Sand Hill Angels Angel Group Mountain View, CA 3
Serra Ventures Venture Capital Champaign, IL 3
StartUp Health Venture Capital San Francisco, CA 3
TitletownTech Venture Capital Green Bay, WI 3
WERCBench Labs Accelerator/Incubator Milwaukee, WI 3
Wisconsin Investment Partners Venture Capital Madison, WI 3
Arch Grants Not-For-Profit Venture Capital Saint Louis, MO 2
Arpa-E Government Washington, DC 2
Baird Capital PE/Buyout Chicago, IL 2
BBG Ventures (North America) Venture Capital New York, NY 2
Beta Boom Venture Capital Salt Lake City, UT 2
Betaworks Ventures Venture Capital New York, NY 2
Capital Midwest Fund Venture Capital Mequon, WI 2
Christopher Armbrust Angel (individual) Mequon, WI 2
Clean Energy Ventures Venture Capital Boston, MA 2
Connetic Ventures Venture Capital Covington, KY 2
Cornerstone Angels Angel Group Northbrook, IL 2
Dark Knight Capital Ventures Venture Capital Milwaukee, WI 2
Darrell Silver Angel (individual) New York, NY 2
Energy Foundry Venture Capital Chicago, IL 2
Five Mile Capital Partners Asset Manager Stamford, CT 2
FOR-M Accelerator/Incubator Milwaukee, WI 2
Gary Comer PE/Buyout Waukesha, WI 2
Health Wildcatters Accelerator/Incubator Dallas, TX 2
HealthX Ventures Venture Capital Madison, WI 2
Idea Fund of La Crosse Venture Capital La Crosse, WI 2
Jennifer Abele Angel (individual) 2
Joel Abraham Angel (individual) 2
Joseph A. B. Hausch Angel (individual) 2
Kevin O'Brien Angel (individual) Brookfield, WI 2
Lancaster Investments Family Office Madison, WI 2
Lupa Systems PE/Buyout New York, NY 2
Marc Lasry Limited Partner New York, NY 2
Medical College of Wisconsin Endowment Limited Partner Milwaukee, WI 2
Milwaukee 7 Venture Capital Milwaukee, WI 2
MKE Tech Hub Coalition Other Milwaukee, WI 2
Motivate Venture Capital Venture Capital Chicago, IL 2
NIH Seed Not-For-Profit Venture Capital Bethesda, MD 2
Northwestern Mutual Corporation Milwaukee, WI 2
Ravi Kalla Angel (individual) Madison, WI 2
Seven Seven Six Venture Capital Jupiter, FL 2
Slojo Investments Venture Capital Chicago, IL 2
Stormbreaker Ventures Venture Capital San Francisco, CA 2
SVG Ventures-THRIVE Venture Capital Los Gatos, CA 2
The Milky Way Tech Hub Impact Investing Milwaukee, WI 2
Tundra Angels Angel Group Green Bay, WI 2
TVC Capital PE/Buyout San Diego, CA 2
Twenty Seven Ventures Venture Capital Grand Cayman, Cayman Islands 2
U.S. Department of Energy Government Washington, DC 2
Union Square Ventures Venture Capital New York, NY 2
Winnow Fund Venture Capital Madison, WI 2
Wisconsin Alumni Research Foundation Venture Capital Madison, WI 2
11.2 Ventures Accelerator/Incubator Chicago, IL 1
30Ventures Venture Capital Madison, WI 1
5 Lakes Forum Corporation Milwaukee, WI 1
94labs Accelerator/Incubator Milwaukee, WI 1
9Mile Labs Venture Capital Seattle, WA 1
Adie Akuffo-Afful Angel (individual) 1
Agropromyshlennaya Kompaniya OGO Corporation Moscow, Russia 1
Alligator Holdings Venture Capital Waukesha, WI 1
Allos Ventures Venture Capital Carmel, IN 1
Amit Pamecha Angel (individual) Herndon, VA 1
Amit Sevak Angel (individual) Princeton, NJ 1
Amy Slawson Angel (individual) 1
Angels on the Water Angel Group Oshkosh, WI 1
Applied Equity Partners Growth/Expansion Boston, MA 1
Arthur Ventures Venture Capital Minneapolis, MN 1
Aster Capital Venture Capital Paris, France 1
AT&T Aspire Accelerator Accelerator/Incubator San Francisco, CA 1
Backstage Capital Venture Capital Los Angeles, CA 1
Badger Fund of Funds Venture Capital Madison, WI 1
Barbara Baade Angel (individual) 1
Benjamin Gaddy Angel (individual) Kirkland, WA 1
Bill Staudenmaier Angel (individual) 1
Blackthorne Partners PE/Buyout Delafield, WI 1
Bold Brain Ventures Venture Capital Pittsburgh, PA 1
Bootstrappers Venture Capital Saint Paul, MN 1
Booz Allen Ventures Corporate Venture Capital San Francisco, CA 1
bp Ventures Corporate Venture Capital London, United Kingdom 1
BraceUnder VC-Backed Company Chicago, IL 1
Brand Capital International Corporate Venture Capital Redwood City, CA 1
Breakout Labs Not-For-Profit Venture Capital San Francisco, CA 1
BRIIA Accelerator/Incubator San Ramon, CA 1
BrokerTech Ventures Accelerator/Incubator Des Moines, IA 1
Bronze Valley Not-For-Profit Venture Capital Birmingham, AL 1
Business Incubator Center Accelerator/Incubator Grand Junction, CO 1
Cameron Ventures Venture Capital Oklahoma City, OK 1
Capital Factory Venture Capital Austin, TX 1
CFV Ventures Venture Capital Charlotte, NC 1
Cheryl Brandt-Dib Angel (individual) 1
Cirque Ventures Venture Capital Salt Lake City, UT 1
Comeback Capital Venture Capital Cleveland, OH 1
Concordia Angel Network Angel Group Austin, TX 1
Concordia University Wisconsin Corporation Mequon, WI 1
Connected Ventures Family Office Sterling, VA 1
Constellation Brands (NYS: STZ) Corporation Victor, NY 1
Covenant Capitol Angel (individual) 1
Creative Destruction Lab Accelerator/Incubator Toronto, Canada 1
D1ASP0RA Accelerator/Incubator Madison, WI 1
Daniel Rotman Angel (individual) 1
Daniel Terry Angel (individual) 1
Daren Cotter Angel (individual) Springfield, OH 1
Dave Sachse Angel (individual) Milwaukee, WI 1
David Kellogg Angel (individual) London, United Kingdom 1
David Young Angel (individual) 1
DBO Capital Venture Capital Panama 1
Deborah Quazzo Angel (individual) Chicago, IL 1
Del Johnson Angel (individual) 1
Delaware Division of Small Business Government Dover, DE 1
Department of Agriculture Government New Delhi, India 1
Discovery to Product Accelerator/Incubator Madison, WI 1
Donte Murry Angel (individual) 1
Draper Richards Kaplan Foundation Impact Investing Menlo Park, CA 1
Duncan Niederauer Angel (individual) New York, NY 1
Dundee Venture Capital Venture Capital Omaha, NE 1
Emerson Collective Impact Investing Palo Alto, CA 1
Eniac Ventures Venture Capital New York, NY 1
Environmental Systems Research Institute Corporation Redlands, CA 1
FinRebel Venture Capital New York, NY 1
First Trust Capital Partners Venture Capital Wheaton, IL 1
Forum Ventures Venture Capital New York, NY 1
Froedtert Enterprises Venture Capital Mequon, WI 1
Gaingels Venture Capital Burlington, VT 1
gAngels Angel Group CA 1
Geekz Ventures Accelerator/Incubator Mableton, GA 1
Gian Dilawari Angel (individual) Great Falls, VA 1
Gian Perrone Angel (individual) 1
Global Insurance Accelerator Accelerator/Incubator Des Moines, IA 1
Goodwater Capital Venture Capital Burlingame, CA 1
GreenGage Capital Family Office Wilmette, IL 1
Greentown Labs Accelerator/Incubator Somerville, MA 1
GVP Climate Venture Capital 1
Hari Madamalla Angel (individual) Saint Louis, MO 1
Health Level Seven International Corporation Ann Arbor, MI 1
HealthCap Venture Capital Stockholm, Sweden 1
Healthcare Innovation Pitch Venture Capital San Francisco, CA 1
i.Lab at UVA Accelerator/Incubator Charlottesville, VA 1
Impact America Fund Venture Capital Oakland, CA 1
Inflect Health Venture Capital Emeryville, CA 1
ISA Ventures Venture Capital Cedar Rapids, IA 1
J Heavey Angel (individual) 1
James Sietstra Angel (individual) 1
January Ventures Growth/Expansion Boston, MA 1
Jefferson DeAngelis Angel (individual) Madison, WI 1
JetBlue Ventures Corporate Venture Capital San Francisco, CA 1
Joe Kirgues Angel (individual) 1
John Haupt Angel (individual) 1
Jon Eckhardt Angel (individual) 1
Jonathan Hua Angel (individual) San Francisco, CA 1
Julie Crosby Angel (individual) 1
Justin Mortara Angel (individual) Madison, WI 1
K8 Ventures Family Office Northbrook, IL 1
Karl Muth Angel (individual) 1
Keane D'Souza Venture Capital Venture Capital Brookfield, WI 1
Kendall Karpf Angel (individual) 1
Keystone Healthcare Technologies P Ltd Corporation 1
Kimmy Paluch Angel (individual) 1
La Macchia Group Corporation Milwaukee, WI 1
Larry Bernstein Angel (individual) 1
Launch Ventures Venture Capital Vancouver, Canada 1
Launchbox Accelerator/Incubator Dublin, Ireland 1
Mairs & Power Venture Capital Venture Capital Saint Paul, MN 1
Marcus Lemonis Angel (individual) 1
Mark Bakken Angel (individual) Madison, WI 1
Mark Sellers Angel (individual) 1
Marquette University Endowment Limited Partner Milwaukee, WI 1
Mary Avery Angel (individual) 1
Masao Tejima Angel (individual) 1
MassChallenge Accelerator/Incubator Boston, MA 1
Matchstick Ventures Venture Capital Minneapolis, MN 1
MC Capital Venture Capital Coral Gables, FL 1
Metrodora Ventures Venture Capital New York, NY 1
Michael Cudahy Angel (individual) 1
Microsoft for Startups Accelerator/Incubator Redmond, WA 1
Midwest Energy Research Consortium Not-For-Profit Venture Capital Milwaukee, WI 1
MIT Innovation Initiative Accelerator/Incubator Cambridge, MA 1
Mitsubishi Heavy Industries (TKS: 7011) Corporation Tokyo, Japan 1
Mitsubishi UFJ Capital Venture Capital Tokyo, Japan 1
Nameless Ventures Venture Capital Chicago, IL 1
National Science Foundation Innovation Corps Program Accelerator/Incubator Alexandria, VA 1
Newlin Venture Capital Chicago, IL 1
NFI Ventures Venture Capital Camden, NJ 1
Northwestern Mutual Capital Mezzanine Milwaukee, WI 1
Northwestern Mutual Future Ventures Corporate Venture Capital Milwaukee, WI 1
Nurse Capital Venture Capital Chicago, IL 1
NVIDIA GPU Ventures Corporate Venture Capital Santa Clara, CA 1
NVNG Investment Advisors Fund of Funds Madison, WI 1
Open Prairie Ventures Asset Manager Effingham, IL 1
Orrick Corporation San Francisco, CA 1
Oshkosh (NYS: OSK) Corporation Oshkosh, WI 1
Outlier Ventures Accelerator/Incubator London, United Kingdom 1
Owl Ventures Venture Capital San Francisco, CA 1
Pat Farley Angel (individual) 1
Patrick McKenna Angel (individual) 1
Patrick Willms Angel (individual) 1
Peter Gunder Angel (individual) 1
Pi Ventures Venture Capital Bengaluru, India 1
Plymouth Growth Venture Capital Ann Arbor, MI 1
Precursor Ventures Venture Capital San Francisco, CA 1
Progression Fund Venture Capital Los Angeles, CA 1
Prudent Capital Mezzanine Washington, DC 1
Rally Ventures Venture Capital Menlo Park, CA 1
ReadWrite VC-Backed Company San Francisco, CA 1
Reed Dohmen Angel (individual) 1
Repsol Foundation Accelerator/Incubator Madrid, Spain 1
Rev1 Ventures Venture Capital Columbus, OH 1
Revolution/ROTR Venture Capital Washington, DC 1
RevTech Labs Accelerator/Incubator Charlotte, NC 1
Rezon8 Capital & Advisory Group Growth/Expansion Reston, VA 1
Rick Stratton Angel (individual) Chicago, IL 1
Rockstart Accelerator/Incubator Amsterdam, Netherlands 1
Rohan Oza Angel (individual) San Francisco, CA 1
Room & Pillar Corporation 1
Ross Leinweber Angel (individual) 1
SageSure PE-Backed Company Jersey City, NJ 1
Salesforce Ventures Corporate Venture Capital San Francisco, CA 1
Sandalphon Capital Venture Capital Chicago, IL 1
Seamless Ventures Accelerator/Incubator Grand Rapids, MI 1
Sean Cleary Angel (individual) Sharon, WI 1
Serena Ventures Venture Capital Washington, DC 1
Serena Williams Angel (individual) Washington, DC 1
Service Provider Capital Venture Capital Golden, CO 1
Sharmila Mulligan Angel (individual) Houston, TX 1
Silicon Pastures Angel Group Milwaukee, WI 1
Small Business Innovation Research and Small Business Technology Transfer Programs Government 1
SoGal Ventures Venture Capital New York, NY 1
Southeast Minnesota Capital Fund Venture Capital Rochester, MN 1
Spero Ventures Venture Capital Redwood City, CA 1
Sputnik ATX Accelerator/Incubator Austin, TX 1
Stanley Ventures Corporate Venture Capital New Britain, CT 1
Start.coop Accelerator/Incubator Manchester, NH 1
Starta Ventures Accelerator/Incubator New York, NY 1
Startup Milwaukee Corporation 1
State Auto Labs Venture Capital Columbus, OH 1
State of Wisconsin Government Madison, WI 1
Storm Ventures Venture Capital Menlo Park, CA 1
Story Stock Exchange Accelerator/Incubator Boulder, CO 1
Sun Mountain Capital Venture Capital Santa Fe, NM 1
Surface Ventures Venture Capital New York, NY 1
SWAN Impact Network Angel Group Dripping Springs, TX 1
Swell Partners Venture Capital New York, NY 1
Swingbridge Other Private Equity Nashville, TN 1
Symphony Alpha Ventures Corporate Venture Capital Madison, WI 1
T-Hub Accelerator/Incubator Hyderabad, India 1
TACK Ventures Venture Capital Brooklyn, NY 1
Target Incubator Accelerator/Incubator Minneapolis, MN 1
Techstars Accelerator/Incubator Boulder, CO 1
Tenex Investment Venture Capital Douglasville, GA 1
Texas Medical Center Venture Capital Houston, TX 1
The Brandery Accelerator/Incubator Cincinnati, OH 1
The Center for Technology Commercialization Government Madison, WI 1
The Community Fund Venture Capital New York, NY 1
The United States Department of Justice Government Washington, DC 1
The Water Council Not-For-Profit Venture Capital Milwaukee, WI 1
The Workers Lab Accelerator/Incubator Oakland, CA 1
Tom Avery Angel (individual) 1
Troy Vosseller Angel (individual) Madison, WI 1
TRS Capital Venture Capital Fort Walton Beach, FL 1
United Therapeutics (NAS: UTHR) Corporation Silver Spring, MD 1
University of Wisconsin-Milwaukee Endowment Limited Partner Milwaukee, WI 1
Various (Acquired) PE-Backed Company Palo Alto, CA 1
VC 414 Venture Capital Milwaukee, WI 1
Venture 53 Venture Capital Atlanta, GA 1
Venture Investors Venture Capital Madison, WI 1
Veritas Innovations Accelerator/Incubator San Francisco, CA 1
VI Ventures Venture Capital Hong Kong, Hong Kong 1
Wakestream Ventures Venture Capital Grand Rapids, MI 1
Warhawk Entrepreneurial Fund Venture Capital Whitewater, WI 1
Whitewater's Community Development Authority Government Whitewater, WI 1
William Hickey Angel (individual) 1
Wind River Corporation Madison, WI 1
Winnie Karanja Angel (individual) 1
Wisconsin Governor's Business Plan contest Government Madison, WI 1
Wisconsin Technology Council Government Madison, WI 1
Young Enterprising Society Accelerator/Incubator Milwaukee, WI 1
Zerology Corporation Middleton, WI 1
Zimmerman Ventures Accelerator/Incubator Greenfield, WI 1