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Capital & Finance

A second look at Q1 VC funding

According to PitchBook data, 30 Wisconsin-based startup companies raised at least $119.48 million in venture capital in the first quarter of 2024. 

Wisconsin investors led eight deals, resulting in $86.72 million invested in companies headquartered in the state.

Eleven documented Q1 investments came from startup accelerators. Plug and Play Tech Center out of Sunnyvale, California, invested in Fitchburg-based Isomark. Global Insurance Accelerator, headquartered in Des Moines, Iowa, made a $50,000 investment in Green Bay-based AppEase.

Accelerator powerhouse gBETA, headquartered in Wisconsin, made undisclosed investments in nine emerging Wisconsin-based companies.

Below is the list of Wisconsin companies that received disclosed VC funding in the first quarter of 2024.