Investment Firms in Madison, Wisconsin, United States
Anchored by the University of Wisconsin-Madison, this ecosystem is distinguished by its strong research commercialization, particularly in healthcare and fintech. The venture capital activity is closely tied to academic innovation, fostering a pipeline of seed and early-stage companies. Its collaborative environment and focus on translating university research into enterprise solutions are defining characteristics.
Madison, Wisconsin, United States's investment landscape is shaped by Fintech, with 50% of its 6 investment firms focused on this sector. The most active by portfolio size are American Family Ventures, TruStage, and State of Wisconsin Investment Board.
Fintech dominates the investment landscape in Madison, with 50% of investment firms focused on this sector.
Madison has a long history of venture capital, with Wisconsin Alumni Research Foundation operating since 1925.
Last updated: 28 April 2026
Investment Firms
6
Total Investments
36
Top Sector
Fintech
Top Stage
Series B
Top Investment Sectors in Madison
The most popular sector focus among Madison investment firms is Fintech, with 3 investment firms (50%) investing in the space. This is followed by Healthcare (2), Insurance (1), Cybersecurity (1), Media & Entertainment (1).
Investment Stages in Madison
Madison investment firms are most active at the Series B stage (3 investment firms). This is followed by Series C (2), Seed (1), Series A (1), Pre-Seed (1).
American Family Ventures
Madison, Wisconsin, United States
25 investments
Seed, Series A
Fintech, Healthcare, Insurance …
TruStage
Madison, Wisconsin, United States
3 investments
Series B, Pre Seed
Fintech, E-Commerce & Marketplace
State of Wisconsin Investment Board
Madison, Wisconsin, United States
3 investments
Series C, Series B
Biotech & Life Sciences, Healthcare
CMFG Ventures Discovery Fund
Madison, Wisconsin, United States
2 investments
Legal, Fintech
gener8tor
Madison, Wisconsin, United States
2 investments
Mobility & Transportation, Food & Agriculture
Wisconsin Alumni Research Foundation
Madison, Wisconsin, United States
1 investments
Climate & Energy