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Capital & Finance

Wisconsin VC Funding for June 2023

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According to Pitchbook, Wisconsin startups raised at least $19.5 million in June.

Milwaukee-based Frontdesk is the developer of an apartment rental platform designed to serve business and leisure travelers. The company is currently operating in 35 U.S. markets with over 1000 units in more than 150 buildings.

Frontdesk raised $4.89 million of Series B-3 venture funding from undisclosed investors on June 12, 2023, putting the company’s pre-money valuation at $53 million. To date, the company has raised $28.70 million in capital.

Company NameAmount RaisedFunding TypeLocationFounded
Understory$13.13 MillionVCMadison2012
Frontdesk$4.89 MillionVCMilwaukee2017
AirDeck$0.75 MillionVCMadison2019
CareDirect$0.73 MillionAngelMilwaukee2017
SprecherUndisclosedVCGlendale1985
Trace AppUndisclosedVCMadison2021

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