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Milwaukee

Metro area · United States · Pop. 1.6M

A public taster of the full Milwaukee ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

🦄 Unicorns & $1B exits
1
Ever reached $1B · chart: new unicorns per year
🐎 Thoroughbreds
1
Chart: companies with tracked revenue history
Enterprise value
$3B
Actual EV series, 2015-2025

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

Every $15M+ VC round into Milwaukee-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
Live from Dealroom API Open full VC dashboard

Startup funnel

Milwaukee's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
94
Seed
61
Series A
27
Series B
15
Series C
9
Decacorn
1

* Conversion rates are derived from current counts.

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.

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.

Decacorns $10B+ valuation 1
Clarios
Thoroughbreds+ $100M+ revenue 1
Clarios

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.

University-linked startup formation
11
University spinouts
171
Total alumni-founded companies
118
Of which startups (<$15M raised)
38
Breakouts ($15M-100M)
15
Scaleups ($100M+)

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.

More data

Explore Dealroom data →
Country United States Country · North America · Pop. 340.1M · #1 country by EV Region North America Continent / region · Pop. 60M · #2 region by EV

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Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.

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