Wisconsin Economic Development Corporation (WEDC)

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