Bascom Ventures

Bascom Ventures is a venture capital fund established by a community of accredited alumni from the University of Wisconsin-Madison. This group consists of investors, executives, entrepreneurs, and innovation enthusiasts who share a connection to the university and its graduate schools. The fund focuses on investing in companies led by University of Wisconsin alumni, with the belief that collective investment efforts yield better outcomes than individual endeavors. Bascom Ventures has managed multiple funds, including those launched in 2018 and 2022, primarily targeting sectors such as software and technology, media, and telecommunications. The fund typically aims to invest in 20 to 30 companies, fostering growth and innovation within its alumni network.

David Allen

Partner

Greg Baker

Founder and Executive Partner

Joshua Schwiesow

Partner

Steve Weinswig

Investor

Past deals in Wisconsin

Full Reign

Pre Seed Round in 2021
Full Reign, founded in 2020 and based in Milwaukee, Wisconsin, operates a recommendation platform focused on hair-care products. The company specializes in formulating sustainable hair care solutions tailored for wavy to curly hair types. By providing alternatives that simplify the hair routine, Full Reign aims to enhance the customer experience while minimizing environmental impact through its innovative packaging and refill processes. This approach not only reduces costs for consumers but also promotes responsible hair care practices.

LÜM

Seed Round in 2020
LÜM is a Madison-based startup that has developed a streaming music platform and social network aimed at supporting emerging artists. The platform enables fans to discover, share, and directly support up-and-coming musicians from around the world. By focusing on local talent, LÜM seeks to bridge the gap in exposure between established artists and new music, fostering a community that promotes undiscovered sounds. The application reimagines the intersection of social media and music streaming, positioning itself as a talent pool for live entertainment. Through its innovative approach, LÜM allows artists to monetize their work and engage with fans throughout their careers, ultimately contributing to a more equitable music landscape.

Somna Therapeutics

Venture Round in 2018
Somna Therapeutics LLC is a medical device company based in Germantown, Wisconsin, founded in March 2012 in partnership with the Medical College of Wisconsin. The company specializes in the development of innovative solutions for laryngopharyngeal reflux (LPR) and extraesophageal acid reflux diseases. Its primary product, the Reza Band, is a non-pharmacologic investigational device that aims to prevent reflux into the larynx, pharynx, and lungs. Somna Therapeutics is focused on optimizing its product design and completing clinical trials to achieve FDA clearance. Following this clearance, the company plans to market its devices to hospitals, physician clinics, and home health care providers, ultimately striving to improve the quality of life for individuals affected by these conditions.

SimpleMachines

Series A in 2018
SimpleMachines, Inc. is a semiconductor design and development company based in Madison, Wisconsin, established in 2016. It specializes in creating a Software-Defined Compute platform that addresses the evolving demands of artificial intelligence, virtual reality, machine learning, robotics, and big data. As traditional computing systems face limitations due to the end of Moore's Law and the increasing complexity of software, SimpleMachines offers a programmable platform that allows for real-time hardware optimization. This innovative approach contrasts with conventional single-purpose systems, which are costly, time-consuming to develop, and often become obsolete upon deployment. The company's platform enables software developers to enhance application performance by dynamically reconfiguring hardware, thus supporting a wide range of use cases and ensuring adaptability in rapidly changing technological environments.

HealthMyne

Venture Round in 2017
HealthMyne, Inc. is a healthcare informatics company based in Madison, Wisconsin, established in 2013. It specializes in providing innovative search, analytics, and imaging solutions primarily for cancer care providers. The company's smart imaging technology supports clinical decision-making by offering real-time, evidence-based insights that enhance diagnostic accuracy and foster collaboration among healthcare professionals. HealthMyne's platform includes features such as automatic tumor staging, dose overlays, specialized reporting, and management of incidental findings, all aimed at improving patient care and optimizing the efficiency of clinical workflows. By integrating electronic health record capabilities with advanced imaging solutions, HealthMyne seeks to reduce care delivery costs while ensuring that clinicians have access to relevant patient information for informed treatment decisions.
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