35 years ago today …

35 years ago today, Apple released the first Macintosh. I was almost 21 and selling Apple products back then for a retail computer store on the south side of Milwaukee called ‘The Byte Shop.’ I was one of the first people in Milwaukee to attend Apple’s Macintosh training in Chicago (which I attended in early January 1984). Because I went to the early training, I also was one of the first people in Milwaukee to be able to buy a 128K Macintosh for a discounted price of $1,995 (retail was $2,495, if I remember correctly). It’s amazing what we can buy today for even $1,000! I’ve been a big fan of Apple since they started (and also somewhat disappointed by them many times, too). The next month, in February 1984, I drove down to New Orleans for Softcon, “the first international conference and trade fair for the software industry”. It included an Apple booth with the new Macintosh. While there I met Steve Jobs (and got his autograph) and Guy Kawasaki (Apple Marketing). I still have Steve’s autograph (and several other Apple luminaries).

 

2018 Q2 Milwaukee & Madison Technology Startup Funding

In 2018 Q2, four Milwaukee-area Technology Startups raised a total of $782,999. Congratulations to Swirl Insurance Services, LLC, Scanalytics, Inc., Inventalator, and GenoPalate, Inc.

Also in 2018 Q2, four Madison-area Technology Startups raised a total of $26,861,760! Congratulations to Reciprocal Labs Corp (Propeller Health), SmartUQ LLC, Healthfinch, Inc., and Integrated Vital Medical Dynamics, LLC.

Together, Milwaukee-area and Madison-area Technology Startups raised a total of $27,644,759!

As always, the following caveats apply to the above graph and findings:

  1. All information is from FormDs.Com.
  2. To be included as a Madison-area or Milwaukee-Area Technology Startup Funding event on this report, the business must be located in the Madison-area or Milwaukee-area as defined by FormDs.Com; the business must be in the Technology Industry Group (which includes Computers, Telecommunications, and Other Technology); and the business must not be publicly traded.
  3. I’m not a startup funding professional or an accountant. If there’s something wrong with this report, be nice, tell me directly or LEAVE A COMMENT, and I’ll do my best to correct it.

2018 Q1 Milwaukee and Madison Technology Startup Funding

In 2018 Q1, two Milwaukee-area Technology Startups raised a total of $3,253,734. Congratulations to basic-code and GenoPalate, both of Brookfield, WI.

Also in 2018 Q1, three Madison-area Technology Startups raised a total of $1,425,007. Congratulations to VIP Crowd, GymDandy, and EnsoData.

Together, Milwaukee-area and Madison-area Technology Startups raised a total of $4,678,741!

As always, the following caveats apply to the above graph and findings:

  1. All information is from FormDs.Com.
  2. To be included as a Madison-area or Milwaukee-Area Technology Startup Funding event on this report, the business must be located in the Madison-area or Milwaukee-area as defined by FormDs.Com; the business must be in the Technology Industry Group (which includes Computers, Telecommunications, and Other Technology); and the business must not be publicly traded.
  3. I’m not a startup funding professional or an accountant. If there’s something wrong with this report, be nice, tell me directly or LEAVE A COMMENT, and I’ll do my best to correct it.

2017 Q4 Milwaukee vs Madison Technology Startup Funding

In 2017 Q4, two Milwaukee Technology Startups received $5,497,001 in funding, by far the best quarter since I started tracking in 2016 Q1. In fact, Milwaukee beat out Madison in Technology funding for a quarter for the first time to my knowledge. I don’t say this to emphasize a separation between Milwaukee and Madison, but it is a notable event. In fact, Milwaukee and Madison are really in this together, and raised a combined $7,260,608 in 2017 Q4!

Quarterly investments in technology startups in Milwaukee and Madison over the seven-quarter period including 2016 Q1 through 2017 Q4.

Tracked Funding – Milwaukee, WI:

Tracked Funding – Madison, WI:

NOTE: As always, the following caveats apply to the above graph and findings:

  1. All information is from FormDs.Com.
  2. To be included as a Madison-area or Milwaukee-Area Technology Startup Funding event on this report, the business must be located in the Madison-area or Milwaukee-area as defined by FormDs.Com; the business must be in the Technology Industry Group (which includes Computers, Telecommunications, and Other Technology); and the business must not be publicly traded.
  3. I’m not a startup funding professional or an accountant. If there’s something wrong with this report, be nice, tell me directly or LEAVE A COMMENT, and I’ll do my best to correct it.

2017 Q3 Milwaukee vs Madison Technology Startup Funding

In 2017 Q3, no Milwaukee Technology Startups received funding, which makes for a pretty boring chart! So, instead, I decided to compare Milwaukee to Madison:

Quarterly investments in technology startups in Milwaukee and Madison over the seven-quarter period including 2016 Q1 through 2017 Q3.

It appears technology startups in Madison, WI, have received considerably more funding compared to technology startups in Milwaukee, WI. My calculations show an average of nearly 11 times as much money was invested in technology startups in Madison compared to Milwaukee over the past seven quarters!

NOTE: The following caveats apply to the above graph and findings:

  1. All information is from FormDs.Com.
  2. To be included as a Milwaukee-Area Technology Startup Funding event on this report, the business must be located in the Milwaukee-area as defined by FormDs.Com; the business must be in the Technology Industry Group (which includes Computers, Telecommunications, and Other Technology); and the business must not be publicly traded.
  3. To be included as a Madison-Area Technology Startup Funding event on this report, the business must be located in the Madison-area as defined by FormDs.Com; the business must be in the Technology Industry Group (which includes Computers, Telecommunications, and Other Technology); and the business must not be publicly traded.
  4. I’m not a startup funding professional or an accountant. If there’s something wrong with this report, be nice, tell me, and I’ll try to correct it.

2017 Q2 Milwaukee Technology Startup Funding

The second quarter of 2017 (April 1 thru June 30) is over. Let’s check the status on the funding of Milwaukee technology startups ,,,

From what I can see, only one Milwaukee-area technology startup received any funding:

That means the chart for Milwaukee-area technology startup funding for the past six quarters now looks as follows:

This does not appear to be a good trend for Milwaukee-area technology startups.

The same caveats apply to this report as last quarter:

  1. All information is from FormDs.Com.
  2. To be listed as a Milwaukee-Area Technology Startup Funding event on this report, the business must be located in the Milwaukee-area as defined by FormDs.Com; the business must be in the Technology Industry Group (which includes Computers, Telecommunications, and Other Technology); and the business must not be publicly traded.
  3. I’m not a startup funding professional or an accountant. If there’s something wrong with this report, be nice, tell me, and I’ll try to correct it.

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