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Pitchbook

Wisconsin VC Funding for September 2023

According to Pitchbook, Wisconsin startups raised at least $9.7 million in September.

Tech entrepreneur and 7Summits founder Paul Stillmank launched 7Rivers earlier this year. The Milwaukee-based startup is helping businesses utilize the latest advancements in artificial intelligence (AI) and machine learning through data analysis.

The company raised $3.5 million of venture funding from undisclosed investors on September 19, 2023. Previously, the company raised $2.95 million of funding from undisclosed investors on June 15, 2023, putting the company’s pre-money valuation at $7.55 million.