Despite the pandemic, the United States venture capital liquidity market exceeded expectations last year, according to a report by PitchBook-NVCA Venture Monitor. In fact, aggregate exits gained most of their value later in the year, with $138.2 billion of the total $290.1 billion achieved in Q4 2020.
That momentum has carried into 2021 across the country, including in Wisconsin. Here’s a look at a few startups in Wisconsin that have seen recent exits.
GrocerKey Aquired by Point Pickup
In August, Madison-based GrocerKey was acquired by Point Pickup, an eCommerce same-day delivery grocery service that delivers in all 50 states, in a deal worth $42 million. GrocerKey Jeremy Neren co-founded the company in 2014. Investors include Woodman’s Markets and dunnhumby Ventures.
Uncrowd Acquired by StartupFuel
Uncrowd is a venture capital fundraising platform in Milwaukee founded by Forest Richter in 2020. One year later, the company was acquired by Toronto-based StartupFuel in a six-figure deal. Uncrowd participated in Impact Innovation Academy, a four-week entrepreneurship program run by gener8tor.
Curate Acquired by FiscalNote
Also in August 2021, Curate was acquired by FiscalNote, a global policy and marketing information platform (financial details of the transaction were not disclosed). Curate, a Madison startup that was co-founded in 2016 by CEO Taralinda Willis, counts Idea Fund of La Crosse and Allos Ventures as investors.
healthIO Acquired by Milliman
Wearable device company healthIO, based in Brookfield, was acquired by Milliman out of Seattle in June 2020. Terms of the deal were not disclosed. Sanjay Mohan co-founded HealthIO, which listed GE Healthcare as a partner, in 2016.
healthfinch Acquired by Health Catalyst
Madison-based healthfinch, which was founded in 2011, provides a workflow integration engine delivering insights and analytics into EMR workflows. In July 2020, data and analytics company Health Analytics out of Salt Lake City acquired healthfinch for $40 million. Investors include Adams Street Partners, JumpStart Ventures and Chicago Ventures.