Milwaukee
Metro area · United States · Pop. 1.6M
Enterprise value
How much Milwaukee’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Milwaukee, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Milwaukee
VC investment into Milwaukee-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Quarterly report
Milwaukee's latest quarter in venture capital
VC raised by Milwaukee-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by Milwaukee-headquartered companies…
Largest rounds
Largest funding rounds in Milwaukee
A live treemap of the largest VC rounds. Each cell is one round into Milwaukee-headquartered companies, grouped by Dealroom sector.
Largest rounds in Milwaukee - 2026
Notable companies
Top private companies in Milwaukee
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
Milwaukee's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Milwaukee.
Location comparison
How Milwaukee stacks up
Compare Milwaukee with peers from the same country (United States) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in United States ranked by combined EV. Milwaukee's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Bay Area | $20.1T | 8.0× | 895 | $158B | 24.9K |
| 2 | Seattle | $2.9T | 4.5× | 70 | $6.8B | 2,986 |
| 3 | Austin | $2T | 13.7× | 60 | $7.9B | 2,740 |
| 4 | New York City | $1.5T | 5.0× | 325 | $32.2B | 16.7K |
| 5 | Los Angeles | $1.2T | 5.6× | 166 | $17.7B | 8,740 |
| 6 | Boston | $1.2T | 4.4× | 211 | $13B | 6,390 |
| 7 | Miami | $684B | 11.9× | 43 | $3B | 2,955 |
| 8 | San Diego | $326B | 5.0× | 64 | $3.4B | 2,247 |
| 9 | Washington DC | $285B | 3.4× | 62 | $4.3B | 2,576 |
| 10 | Chicago | $264B | 3.7× | 54 | $2.3B | 2,848 |
| 11 | Dallas | $225B | 4.1× | 48 | $2.1B | 2,078 |
| 74 | Milwaukee | $3.6B | 1.8× | 1 | $28.4M | 286 |
More data
Explore Dealroom data →Get the full Milwaukee ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.