Investments in young, Wisconsin-based companies by angel, venture capital and other equity investors totaled $374 million in 2024, the lowest total since 2018 but still solid by historical standards, the Wisconsin Technology Council reports.
The Tech Council’s annual Wisconsin Portfolio report captured 92 separate deals involving 61 funds, networks and accelerators. Investor data was unavailable for about two-thirds of those deals, but at least 42 out-of-state investors participated in 21 funding rounds. Those 21 rounds alone raised $292 million, or 78% of the total capital tracked.
The top 10 deals by dollar size accounted for 70% of all capital raised, highlighting the outsized role of a few large rounds. However, the median deal size reached $1 million — the highest in more than a decade — showing strength in the broader base of startups.