FundedIQ

Recently Funded Startups in Madison

Updated Sep 2026

FundedIQ tracks 68 funded startups in Madison, with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Madison, along with the 68 most recently funded startups there.

Biotechnology, Health Care and Artificial Intelligence hold the most companies by sector. Startups in Madison closed 39 funding rounds over the last 24 months, 22 of them in the last 12 months, and raised $279M in disclosed capital. The median disclosed round is $1.2M, with the middle half of rounds falling between $230K and $9.6M.

Biotechnology and Health Care lead this market. Capital comes from specialized firms focused on life sciences and technical innovation. These investors prioritize deep expertise over generalist reach. Small teams dominate the sector, which means founders retain significant control over early decisions. Approaching this segment involves targeting high technical literacy and specialized scientific knowledge.

Madison funded startup statistics

Funded startups in Madison
68
tracked in the database
Funding rounds, last 12 months
22
39 over 24 months
Disclosed capital raised, 24 months
$279M
32 of 39 rounds disclosed an amount
Median round size
$1.2M
middle half $230K to $9.6M

Most recent funding round on record: Aug 2026.

68 most recently funded startups in Madison

68 shown

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

A
Madison, United States · Analytics, Artificial Intelligence (AI), Data Management, Financial Services, Internet, Local Advertising, Market Research, Property Management, Real Estate Investment, Search Engine
ApartmentIQ offers automated market survey solutions for multifamily real estate, leveraging public data for…
Series C ·
$25M
C
Madison, United States · Biotechnology
Calimetrix is committed to creating MRI phantoms for use in both clinical and research settings within the MR…
Series Unknown ·
$100k
S
Steam Instruments
Madison, United States · Biotechnology
Steam Instruments is an early-stage startup company developing and commercializing technologies to improve…
Series Unknown ·
Undisclosed
C
Madison, United States · Media and Entertainment
Civic Media is a network of news and progressive talk radio stations. Focus on local, regional, and state…
Seed ·
$2.7M
E
Madison, United States · Artificial Intelligence (AI)
EnsoData provides AI-powered solutions for sleep medicine diagnosis and data analysis. Their main focus is to…
Series Unknown ·
Undisclosed
C
Madison, United States · Biotechnology
Cellectar Biosciences is a company that specializes in creating and advancing medical products for detecting,…
Series Unknown ·
$35M
F
Fudi Protein
Madison, United States · Food and Beverage
Fudi Protein is developing a patented technique to extract RuBisCO protein from alfalfa on a commercial…
Seed ·
Undisclosed
T
TimberHP
Madison, United States · Manufacturing
TimberHP converts plentiful American wood fiber into energy-efficient construction materials that benefit…
Series Unknown ·
Undisclosed
G
Madison, United States · Food and Beverage
Guajana Rum is a family-owned distillery in Puerto Rico that honors its rum-making legacy based on sugarcane…
Series Unknown ·
$50k
A
Madison, United States · Health Care
Asto CT was founded on the principle of offering safe, high-quality fan-beam imaging to improve quality of…
Series Unknown ·
$27M
A
Madison, United States · Apps
Amulet is a company that has developed a compact, speedy, and easily transportable food sensor platform. This…
Series Unknown ·
$760k
R
Madison, United States · Energy
Realta Fusion, a startup that originated at the University of Wisconsin-Madison, is working on creating a…
Series Unknown ·
$9.5M
V
Madison, United States · Consumer Electronics
Vimotis is a biomechanics company that offers a device to directly measure muscle tension during dynamic…
Pre-Seed ·
$130k
O
Madison, United States · Healthcare, Artificial Intelligence (AI)
Olli Health is a healthtech company that offers AI-powered home health coding & OASIS QR.
Venture - Series Unknown ·
$10M
G
Madison, United States · Biotechnology, Healthcare
Gregor Diagnostics is a molecular diagnostics company developing a screening test technology for prostate…
Venture - Series Unknown ·
$240k
E
Madison, United States · Artificial Intelligence (AI)
Disruption in healthcare is accelerated by the need for improved diagnostics, novel pharmaceutical therapies,…
Venture - Series Unknown ·
$40M
C
Madison, United States · FinTech, Finance, Healthcare
Cylerity is a financial services company.
Seed ·
$4.0M
C
Carepool
Madison, United States · Health Care
Carepool offers specialized transportation services in Wisconsin for individuals who require mobility…
Series Unknown ·
Undisclosed
S
Madison, United States · Financial Services
Self Fund Health provides self-funded insurance options for employees with the aim of making healthcare more…
Seed ·
$1.4M
H
Madison, United States · B2B Software, Healthcare
Hedge Health is a software company that offers an app for physical therapists and their clients to create…
Seed ·
$200k
I
Madison, United States · Biotechnology
Immuto Scientific is a biotechnology company that offers analytic insights to pharmaceutical companies to…
Seed ·
$8.0M
A
Madison, United States · Agriculture, FinTech, Finance
Agrograph is a global agrifinance company offering field-scale predictive models for earning potential of…
Venture - Series Unknown ·
$600k
I
Intelligible
Madison, United States · Artificial Intelligence (AI)
Many artificial intelligence systems rely on prompts, which are not effective for analyzing real enterprise…
Angel ·
Undisclosed
R
Madison, United States · Financial Services
RoofMarketplace is an online platform that allows insurance companies to find affordable options for…
Series A ·
$7.0M
S
Madison, United States · Biotechnology
SpayVac for Wildlife is a biotechnology company that develops vaccines for controlling fertility in wildlife…
Seed ·
$1.0M
A
Madison, United States · Health Care
AIQ Solutions develops a medical device technology platform that revolutionizes the treatment response of…
Series Unknown ·
$380k
C
Madison, United States · Energy
The goal of C-Motive is to develop industrial torque motors and higher-efficiency renewable generators for…
Series Unknown ·
$380k
G
Madison, United States · Biotechnology
GoDx is a biotechnology research facility working on creating an uncomplicated diagnostic test to identify…
Series Unknown ·
$100k
S
Madison, United States · Biotechnology
Stem Pharm was established in 2015 to provide reliable synthetic biomaterials tailored to meet the needs of…
Series Unknown ·
$80k
C
Madison, United States · Food and Beverage
Culina Health offers personalized virtual nutrition counseling by registered dietitians to improve health…
Series A ·
$7.9M
R
Madison, United States · Health Care
Recovery.com helps make the first step in an individual's path to recovery the right step through…
Series Unknown ·
$5.0M
E
Madison, United States · Real Estate
Eminent Development Corporation is redefining the real estate development industry by creating inclusive,…
Series Unknown ·
$250k
T
Madison, United States · Software Development
Technova Industries is a Wisconsin-based company specializing in modernizing security systems by seamlessly…
Seed ·
$1.0M
F
Madison, United States · Biotechnology
Forward BIOLABS is a biotech company providing shared life science labs with complete amenities and support,…
Series Unknown ·
$190k
I
Madison, United States · Biotechnology
Intuitive Biosciences enhances non-human primate (NHP) research by providing safer, more effective, and…
Series Unknown ·
$80k
U
Madison, United States · Data and Analytics
Understory is a company that specializes in weather infrastructure and analytics. It focuses on detecting…
Series A ·
$15M
P
Madison, United States · Biotechnology
Plumb Pharmaceuticals utilizes innovative quantload technologies developed in-house to create…
Seed ·
$100k
H
Huddle Up
Madison, United States · Data and Analytics
DotCom Therapy specializes in providing speech therapy, occupational therapy, and mental health services via…
Series C ·
Undisclosed
R
Madison, United States · Manufacturing
Re Mixers produces items for dispensing two-part adhesives, with static mixing nozzles being a key component…
Series Unknown ·
$800k
P
Madison, United States · Manufacturing
Pyran is involved in the creation of eco-friendly paint and plastic materials by utilizing catalytic…
Series Unknown ·
$5.4M
M
Madison, United States · Health Care
Dr. Josh Mezrich, a transplant surgeon, has created MezLight as a sterile option to the traditional…
Series Unknown ·
$100k
S
Sparta Biomedical
Madison, United States · Health Care
Sparta Biomedical specializes in producing cartilage-like implants for the knee, designed to address chondral…
Series Unknown ·
Undisclosed
A
Madison, United States · Software
AirDeck is a convenient and efficient tool for incorporating voiceovers into demo or pitch decks. It allows…
Seed ·
$750k
O
Otologic Technologies
Madison, United States · Artificial Intelligence (AI)
The AI tools offered by Otologic Technologies assist clinicians in the more precise diagnosis of ear-related…
Seed ·
Undisclosed
I
Madison, United States · Real Estate
IVO Systems, Inc. provides a software platform to aid heavy civil construction firms such as those working on…
Series Unknown ·
$1.5M
O
OurGov
Madison, United States · Government and Military
The software system known as OurGov is designed to enhance the efficiency of businesses, non-profits,…
Pre-Seed ·
Undisclosed
O
Madison, United States · Community and Lifestyle
OnLume, a company that was established in Madison, Wisconsin in 2015, offers simple and practical solutions…
Series Unknown ·
$2.8M
B
Madison, United States · Commerce and Shopping
The leading provider of premium beverages with #AlcoholFree and healthy options and advantages We provide…
Seed ·
$650k
S
Madison, United States · Education
The dependable global leader for video capture, management, and webcasting solutions in education, business,…
Series Unknown ·
$8.5M
C
Madison, United States · Biotechnology
Grant ·
$340k
P
Madison, United States · Data and Analytics
Polco further develops how neighborhood authorities and constituents convey through web-based confirmed…
Venture - Series Unknown ·
$9.8M
R
Madison, United States · Artificial Intelligence (AI)
RedFox AI assists Biotech and Life Sciences associations with embracing the inventive force of Conversational…
Undisclosed ·
$30k
B
Madison, United States · Financial Services
Benny loans to workers of public corporations so they can partake in their manager's stock buy plans.
Pre-Seed ·
$1.0M
M
Madison, United States · Health Care
Moxe Health smoothes out the bi-directional trade of clinical information between wellbeing plans and…
Series B ·
$30M
I
Madison, United States · Administrative Services
Internship on Demand offers help to students and companies by bridging the gap between college and careers.
Pre-Seed ·
$60k
F
Madison, United States · Apps
Fetch Rewards is a mobile shopping platform that enables users to earn and redeem rewards. The platform…
Series E ·
$240M
S
Madison, United States · Events
Everyday, teams, businesses, and family lose precious time looking for spaces to practice, work, and host…
Seed ·
$100k
R
Madison, United States · Health Care
RehabPath helps make the first step in an individual's path to recovery the right step through knowledgeable,…
Seed ·
$800k
M
Madison, United States · Health Care
Marley Medical is a virtual primary care clinic, focused on people with common chronic diseases.
Seed ·
$9.0M
B
Madison, United States · Biotechnology
BrainXell provides a range of high-purity, iPSC-derived human neurons for research and development with a…
Venture - Series Unknown ·
$13M
L
Madison, United States · Mobile
LineLeap provides mobile fast pass entry for popular bars and nightclubs allowing customers to skip long…
Seed ·
$5.5M
D
Madison, United States · Artificial Intelligence (AI)
DataChat is all about the conversation. With our novel Conversational Intelligence technology, user can carry…
Series A ·
$25M
F
Madison, United States · Biotechnology
FluGen is a biopharmaceutical company specializing on the prevention and treatment of seasonal and pandemic…
Grant ·
$11M
R
Madison, United States · Data and Analytics
Redox accelerates the development and distribution of healthcare software solutions with a full-service…
Series D ·
$45M
G
Madison, United States · Administrative Services
GrocerKey develops a grocery e-commerce platform to help brick and mortar retailers become digital leaders.…
·
$2.4M
O
Madison, United States · Community and Lifestyle
Outguided is a platform to discover and book guided outdoor adventures. Outguided connects travelers with…
·
$300k
A
Madison, United States · Health Care
Allergy Amulet is the world’s smallest and fastest consumer food allergen sensor, testing for common…
·
$4.1M
L
Madison, United States · Internet Services
LÜM is a Madison startup building a streaming music platform and social network that helps up-and-coming…
·
$3.0M

Industries with the most funded startups in Madison

Sector counts across all 68 tracked companies in Madison. A company assigned more than one industry is counted in each.

Funding stages in Madison

How the last 24 months of funding rounds for funded startups in Madison break down by stage.

Stage
Rounds, last 24 months

A further 24 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Madison startup funding data

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 68 funded startups in Madison currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (7 of 39 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Madison is dated Aug 2026.

The table above shows the 68 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded startups are there in Madison?

FundedIQ tracks 68 funded startups in Madison. This page lists the 68 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have startups in Madison raised?

Startups in Madison tracked by FundedIQ have raised $279M in disclosed capital across 39 funding rounds over the last 24 months, including 22 rounds in the last 12 months. 32 of those 39 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded startups in Madison?

Biotechnology has the most, with 14 companies, followed by Health Care (10), Artificial Intelligence (8) and Data and Analytics (4). Sector counts include every company assigned that industry, and a company can carry more than one.

What is a typical funding round size for startups in Madison?

The median disclosed round over the last 24 months is $1.2M, and the middle half of rounds fall between $230K and $9.6M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

What is the most common funding stage for startups in Madison?

Seed is the most common labelled stage, with 8 rounds in the last 24 months, ahead of Series A (3) and Angel (1). A further 24 rounds were announced without a stage label and are not counted here.

How often is the Madison startup funding data updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Madison is dated Aug 2026. Counts and totals on this page are recomputed on every refresh.

Related listings

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.