4490 Ventures


4490 Ventures is a Madison, Milwaukee, and Northern Wisconsin[1] early-stage information technology venture capital fund.

The "early stage venture fund"[2] began with 30 million dollars[3][4][5][6] from the State of Wisconsin Investment Board and the Wisconsin Alumni Research Foundation.[4][7][8]

4490 Ventures "is intended to generate attractive returns and build value for state retirement fund participants and WARF’s primary beneficiary, the University of Wisconsin–Madison" and will focus on early-stage companies primarily in Wisconsin.[9] Its goal is to "to diversify investing operations at the two bodies beyond their historical emphasis on life sciences companies—and to provide more local support for nascent software or hardware ventures".[10]

Greg Robinson, a former San Francisco, California Bay Area venture capital investor, is the general partner.[11][4][12][13]

The venture capital fund is a lead investor in HealthMyne[14] and has also invested in Abodo[15] and EatStreet.[16]

The majority of the 4490 portfolio companies have to be based in Wisconsin.[10]


References

  1. ↑ Newman, Judy (May 11, 2014). "Executive Q&A: Greg Robinson holds the key to a new pot of money to help young Wisconsin companies". Wisconsin State Journal. Retrieved March 10, 2017.
  2. ↑ Newman, Judy (October 7, 2014). "EatStreet funding reaches $10 million". Madison.com. Retrieved March 10, 2017.
  3. ↑ Gallagher, Kathleen (January 22, 2014). "Start-ups 'get the meeting' with larger players at OnRamp". jsonline. Gannett. Retrieved March 9, 2017.
  4. 1 2 3 Romell, RIck (March 4, 2014). "New venture capital fund names general partner". jsonline. Gannett. Retrieved March 9, 2017.
  5. ↑ Ivey, Mike (February 25, 2015). "Start me up: With a new hub for venture funds downtown, investors look to cash in". The Cap Times. Retrieved March 9, 2017.
  6. ↑ Engel, Jeff (March 4, 2014). "California VC Greg Robinson to Lead Wisconsin’s 4490 Ventures". xconomy. Retrieved March 9, 2017.
  7. ↑ Ivey, Mike (February 25, 2015). "Start me up: With a new hub for venture funds downtown, investors look to cash in". The Cap Times. Retrieved March 9, 2017.
  8. ↑ Engel, Jeff (March 14, 2014). "4490 Ventures Head Brings Silicon Valley Experience, Midwest Mindset". xconomy. Retrieved March 9, 2017.
  9. ↑ "Investment Board, WARF launch $30 million venture fund to target early-stage companies". wisc.edu. March 19, 2013. Retrieved March 9, 2017.
  10. 1 2 Roush, Wade (December 17, 2013). "SWIB, WARF Narrow Search for Investment Manager at 4490 Ventures". xconomy.com. Retrieved March 10, 2017.
  11. ↑ Rommell, Rick (March 4, 2014). "New venture capital fund names general partner". jsonline. Gannett. Retrieved March 9, 2017.
  12. ↑ Engel, Jeff (March 14, 2014). "4490 Ventures Head Brings Silicon Valley Experience, Midwest Mindset". xconomy. Retrieved March 9, 2017.
  13. ↑ Bauter, Alison (March 12, 2014). "New venture capital fund's leader talks syndicates, why Wisconsin needs 'wins'". bizjournals. Retrieved March 10, 2017.
  14. ↑ Gallagher, Kathleen (September 26, 2016). "HealthMyne raises $6.9 million". jsonline. Gannett. Retrieved March 1, 2017.
  15. ↑ Newman, Judy (August 1, 2014). "Tech and Biotech: Imbed Biosciences and Abodo add to their coffers; Exact Sciences adds a past governor to its board". madison.com. Retrieved March 10, 2017.
  16. ↑ Newman, Judy (December 7, 2015). "Eat Street lands $15 million investment round". Wisconsin State Journal. Retrieved March 10, 2017.

See also

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