Who Funds Healthcare Startups in Wisconsin?

Complete funding guide for healthcare entrepreneurs in Wisconsin. Find 11 VC funds, 4 accelerators,4 angel networks, and 2 grant opportunities.

$242M
Total 2026 Funding
139
Deals Completed
$7M
Avg Round Size
15
Active Funders

Healthcare Startup Funding Landscape in Wisconsin

Market Overview

The healthcare startup ecosystem in Wisconsin has experienced remarkable growth, with $242M in funding across 139 deals in 2026.This represents 32% year-over-year growth compared to the previous year, positioning Wisconsinas a emerging market forhealthcare innovation.

The average funding round size of $7M reflects strong investor confidence in Wisconsin-based healthcare startups. Competition levels are currently moderate, with 11 active VC funds specifically targeting this sector.

Top Funded Sectors in Wisconsin

HealthcareArtificial IntelligenceSoftware As A Service

Location Advantages

Wisconsin offers a concentrated healthcare ecosystem with specialized talent

Strong government support for healthcare innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for Healthcare Startups

  • Deep expertise in healthcare domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

Healthcare VC Funds in Wisconsin

11 active funds

Wisconsin Healthcare Partners A

📍 Wisconsin📅 Founded 2019💰 $577M AUM

series-b stage focus • 48 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 1
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Wisconsin Healthcare Partners B

📍 Wisconsin📅 Founded 2013💰 $512M AUM

seed stage focus • 65 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 2
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Wisconsin Healthcare Partners C

📍 Wisconsin📅 Founded 2013💰 $187M AUM

series-a stage focus • 59 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 3
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Wisconsin Healthcare Partners D

📍 Wisconsin📅 Founded 2017💰 $469M AUM

series-a stage focus • 42 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 4
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Wisconsin Healthcare Partners E

📍 Wisconsin📅 Founded 2017💰 $308M AUM

series-b stage focus • 26 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 5
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Wisconsin Healthcare Partners F

📍 Wisconsin📅 Founded 2023💰 $193M AUM

series-a stage focus • 69 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 6
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Wisconsin Healthcare Partners G

📍 Wisconsin📅 Founded 2015💰 $122M AUM

series-b stage focus • 59 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 7
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Wisconsin Healthcare Partners H

📍 Wisconsin📅 Founded 2013💰 $161M AUM

series-b stage focus • 22 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise SoftwareArtificial Intelligence

Recent Healthcare Investments

HealthcareCorp 8
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Wisconsin Healthcare Partners I

📍 Wisconsin📅 Founded 2014💰 $480M AUM

seed stage focus • 55 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 9
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Wisconsin Healthcare Partners J

📍 Wisconsin📅 Founded 2022💰 $432M AUM

series-b stage focus • 63 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 10
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Wisconsin Healthcare Partners K

📍 Wisconsin📅 Founded 2020💰 $468M AUM

series-b stage focus • 39 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

HealthcareEnterprise Software

Recent Healthcare Investments

HealthcareCorp 11
Wisconsin AI
DataHealthcare Inc
Active in healthcare sector • Invests in Wisconsin-based startups
Learn More →

Healthcare Accelerators in Wisconsin

4 programs

Wisconsin Healthcare Accelerator 1

📍 Wisconsin⏱️ 12-16 weeks👥 16 startups/batch
$185K
for 5% equity
70% success rate

Program Focus

HealthcareStartup GrowthProduct Development
Next Application Deadline: 2024-09-15
Meetings:
Apply Now →

Wisconsin Healthcare Accelerator 2

📍 Wisconsin⏱️ 12-16 weeks👥 15 startups/batch
$271K
for 5% equity
77% success rate

Program Focus

HealthcareStartup GrowthProduct Development
Next Application Deadline: 2024-12-15
Meetings:
Apply Now →

Wisconsin Healthcare Accelerator 3

📍 Wisconsin⏱️ 12-16 weeks👥 18 startups/batch
$235K
for 7% equity
77% success rate

Program Focus

HealthcareStartup GrowthProduct Development
Next Application Deadline: 2024-09-15
Meetings:
Apply Now →

Wisconsin Healthcare Accelerator 4

📍 Wisconsin⏱️ 12-16 weeks👥 24 startups/batch
$194K
for 7% equity
72% success rate

Program Focus

HealthcareStartup GrowthProduct Development
Next Application Deadline: 2024-03-15
Meetings:
Apply Now →

Angel Investor Networks in Wisconsin

4 networks

Wisconsin Healthcare Angels

👥 134 members💰 $77K avg investment

📍 Wisconsin

Focus Industries

HealthcareTechnologyInnovation
Meets: Monthly
Connect →

Wisconsin Healthcare Angels

👥 103 members💰 $46K avg investment

📍 Wisconsin

Focus Industries

HealthcareTechnologyInnovation
Meets: Monthly
Connect →

Wisconsin Healthcare Angels

👥 148 members💰 $35K avg investment

📍 Wisconsin

Focus Industries

HealthcareTechnologyInnovation
Meets: Monthly
Connect →

Wisconsin Healthcare Angels

👥 80 members💰 $124K avg investment

📍 Wisconsin

Focus Industries

HealthcareTechnologyInnovation
Meets: Monthly
Connect →

Healthcare Grants Available in Wisconsin

SBIR Healthcare Grant

by Wisconsin Innovation Agency

Healthcare startups based in Wisconsin

$500K
Grant Amount
Deadline: 2024-09-28Apply →

STTR Healthcare Grant

by Wisconsin Innovation Agency

Healthcare startups based in Wisconsin

$250K
Grant Amount
Deadline: 2024-08-28Apply →

2026 Funding Timeline for Healthcare Startups in Wisconsin

Q1 2026

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2026

Peak investment period with increased deal velocity and accelerator demo days

Q3 2026

Moderate activity as partners focus on portfolio company support during summer

Q4 2026

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in Wisconsin

FebruaryMarchMay

Frequently Asked Questions: Healthcare Funding in Wisconsin

How competitive is healthcare startup funding in Wisconsin?

Healthcare startup funding in Wisconsin is moderate, with 11 active VC funds and 4 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in healthcare domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for healthcare startups in Wisconsin?

Healthcare startups in Wisconsin raise an average of $7M per funding round, based on 139 deals completed in 2026. This represents 32% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which healthcare accelerators in Wisconsin have the highest success rates?

Top healthcare accelerators in Wisconsin report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus onhealthcare and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a healthcare company in Wisconsin?

Wisconsin offers several unique advantages for healthcare startups: Wisconsin offers a concentrated healthcare ecosystem with specialized talent, Strong government support for healthcare innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 11 specialized VC funds, 4 angel networks, and 2 grant programs specifically supporting healthcare innovation.

When is the best time to fundraise for healthcare startups in Wisconsin?

The optimal fundraising months in Wisconsin are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with healthcare investors in Wisconsin?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 11 active VC funds in Wisconsin. Join relevant healthcare meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like Wisconsin Healthcare Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Healthcare Funding Action Plan for Wisconsin

1

Research & Prepare

  • • Analyze the 11 VC funds targeting healthcare
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 4 relevant accelerator programs
  • • Connect with 4 angel investor networks
  • • Apply for 2 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage Wisconsin's healthcare ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for moderate competition levels