Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Wisconsin Economic Development Corporation (WEDC)

Founders Scott Walker

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 40
Average round size
info
The average size of a deal this fund participated in
$750K
Portfolio companies 39
Rounds per year 3.33
Lead investments 10
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.03
Key employees Soon
Stages of investment
Grant

Areas of investment

  • Biotechnology
  • Health Care
  • Medical
  • Education
  • Communities
Summary

In 2011 was created Wisconsin Economic Development Corporation (WEDC), which is appeared as Corporate Investor. The main department of described Corporate Investor is located in the Madison. The fund was located in North America if to be more exact in United States.

The current fund was established by Scott Walker.

The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Wisconsin Economic Development Corporation (WEDC), startups are often financed by gener8tor, Wakestream Ventures, Start Garden. The meaningful sponsors for the fund in investment in the same round are Madison Development Corporation, Golden Angels Investors. In the next rounds fund is usually obtained by BrightStar Wisconsin Foundation, Serra Ventures, Angels on the Water.

The fund is generally included in 2-6 deals every year. The important activity for fund was in 2016. Deals in the range of 1 - 5 millions dollars are the general things for fund. Speaking about the real fund results, this Corporate Investor is 35 percentage points more often commits exit comparing to other organizations.

Besides, a startup requires to be at the age of 11-15 years to receive the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. The fund has exact preference in some founders of portfolio startups. Among the most successful fund investment fields, there are Medical Device, Energy. Among the various public portfolio startups of the fund, we may underline Codaworx, Whole Trees, Scanalytics

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Wisconsin Economic Development Corporation (WEDC):
Typical Co-investors
Wisconsin Economic Development Corporation (WEDC) is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Wisconsin Economic Development Corporation (WEDC):
There are no funds here. If we find new data, we will add it here.

Funds with similar focus

Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

American Provenance

Chemical
Logistics
Retail
$500K01 Jun 2018 Wisconsin, United States

Megalodon Insurance Systems

Enterprise Software
Management Information Systems
SaaS
Software
$15K22 Jun 2016 Wisconsin, United States

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Wisconsin Economic Development Corporation (WEDC)?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 40
Average round size 750K
Rounds per year 3.33
Peak activity year 2023
Lead investments 10
Follow on index 0.03
Group Appearance index 0.05

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

American Provenance

Chemical
Logistics
Retail
$500K01 Jun 2018 Wisconsin, United States

Megalodon Insurance Systems

Enterprise Software
Management Information Systems
SaaS
Software
$15K22 Jun 2016 Wisconsin, United States
Crunchbase icon

Content report

The following text will be sent to our editors: