Propeller Health, an Asthma tracking startup, raised $21.5 million in series C funding. They will use the new funds to expand their product portfolio, which already includes 45 programs. According to CEO David Van Sickle, Propeller would also like to expand globally. The company launch in 2010 and has been growing rapidly thanks to relationships with …
Propeller Health Raises $21.5 Million in Funding Read More »
EatStreet is reported to have raised 11 million in another big round of funding. The mobile food ordering platform is growing rapidly as they now serve 15,000 restaurants in over 250 cities across the US. EatStreet recently moved to new offices on the Capitol Square as they continue to expand. The Madison based company has now raised …
The widely popular mobile role playing game, DragonSoul, was recently acquired from PerBlue by GREE International Entertainment. The DragonSoul franchise has become a household name in mobile gaming with over 9 million players worldwide. GREE international plans to build upon the success of DragonSoul and further increase its reach across Europe and around the world. …
HealthMyne, a Madison-based health IT startup received $6.9 million in a recent funding round. This includes an investment from the Wisconsin Alumni Research Foundation. HealthMyne’s technology analyzes tumor images to help radiologists identify and track cancerous tumors. The product has been approved by the FDA and there are already pilot products in three hospitals. You can …
HealthX Ventures has raised a total of $20 million for an investment fund that focuses on early stage health startups. Founded in 2015 by Mark Bakken, HealthX is already invested in 5 companies (Redox, EnsoData, MovingAnalytics, HealthiPASS, and Epharmix), and they plan to invest in another 5 to 7 companies in the coming few years. The portfolio …
HealthX Raises $20 Million for Digital Health Solutions Fund Read More »
Moxe Health has recently announced a $5.5 million round of funding. The Madison-based company has developed tools that improve the flow of data in the healthcare industry. Among its many uses, Moxe’s software aids in the transfer of information between healthcare systems that use different software for handling patient records. The additional funds will allow Moxe to …
Madison health IT startup Catalyze recently raised $6.5 million in funding. The growing Madison company does cloud computing for hospitals, facilitating communication between their electronic systems and other digital health companies. Catalyze will use the new funds to expand their team and develop new products that will help the broader healthcare industry use data to analyze the quality of …
ABODO recently announced a $4.8 million round of funding. The Madison-based startup is the creator of a popular software used by renters to locate apartments. Their service is already offered in 30 cities across the US, and they plan to use the funding to double that number by the end of 2017. In addition, the …
Ionic recently announced an $8.5 million round of funding. The company, which is based in downtown Madison, is the creator of the popular software development kit (SDK) used to build mobile apps. Ionic has differentiated itself from similar software by integrating their SDK with HTML5 and the Angular JS Javascript framework. By using a web-based …
Understory recently announced that they raised $7.5 million in a Series A round. In addition, the company formerly known as Subsidence is moving its headquarters back to Madison, Wisconsin. Founded in 2012 and a graduate of the Gener8tor accelerator program, Understory is a tech startup that has developed a device that monitors information about the …
StartingBlock Madison has just announced a crowdfunding campaign in order to help close a final funding gap. The exciting new entrepreneurial hub, which is set to break ground this winter, has already raised 85% of the necessary funds. They are now looking for community members to contribute and play a direct role in helping bring …
Gener8tor has announced a free accelerator program for early stage startups tied to Wisconsin State Universities. The six week course, called gBETA, is designed to provide resources and mentoring to young companies in both the Madison and Milwaukee area. It will function similar to Gener8tor’s three month long accelerator; however, companies will not exchange any …
With donations from two more prominent foundations, StartingBlock Madison is gaining momentum. Following significant investments from American Family Insurance and the City of Madison, the most recent donations from the MG&E Foundation and Evjue Foundation come as StartingBlock recently named Scott Resnick as executive director of the future entrepreneurial hub in Madison. “Our innovative enterprise …
StartingBlock Gains Donors and Executive Director Read More »
The Wisconsin Governor’s Business Plan Content has selected 13 finalists from a field of over 200 startups. A majority of this year’s finalists are from the Madison area, including AltusCampus, bluDiagnostics Fertility Finder, ConfPlus, CountAbout, Élevé Technical Innerwear, KIINCE, Nutrient Recovery and Upcycling, OnLume, and Hunt Butler. The competition will conclude at the Wisconsin Entrepreneurs’ …
Fetch Rewards raised $4 million in Series A funding recently. The company, which has developed an innovative app for grocery shoppers, will use the money to scale their business from 10 stores to as many as 100. The service allows customers to track their purchases as they go and apply coupons when they are available. …
Madison and Milwaukee based startup accelerator gener8tor graduated their most recent class of 5 startups. Gener8tor’s Premiere Night took place May 14 at the Barrymore Theater in Madison, where the 5 companies took the stage along with Jack Salzwedel (CEO of American Family Insurance) and the UW Band. Graduates of gener8tor’s latest class include AltusCampus, …
Madison and San Francisco based startup SnowShoe recently announced a $1M funding round. They had previously raised $2.5M in earlier rounds. Founded by three UW graduate students in 2011, SnowShoe sells an intelligent piece of plastic that interacts with touch screens. Among its many uses, the plastic stamp allows users to instantly download music, authenticate …
Capital Entrepreneurs would like to congratulate the eight companies who just completed the Madworks Seed Accelerator program. The most recent class featured a variety of different tech innovations, cashmere baby wraps, a new yoga music company, a product to aid event promotion, and a foot care device for the elderly. Madwork’s 10 week course, which …
Drifty recently completed an additional $2.6 million funding round led by Lightbank in Chicago, with additional participation from Arthur Ventures. Drifty previously raised $1 million in funding last year, and this latest investment marks Lightbank’s second investment in a Madison based company following their investment in PerBlue last year. Drifty is the creator of the …
Healthfinch recently completed a $1.5M financing round led by Jumpstart Ventures. Healthfinch has raised $2.8M total since its founding in 2011. Healthfinch focuses on automating and improving the routine, repeatable work that physicians and healthcare staff are tasked with. The company’s first product, Swoop, focuses on increasing the efficiency of prescription refill requests and is …
