Madison Park Development

Madison Development Corporation owns and manages affordable housing units in the Madison area and provides financing for hard-to-finance businesses in Dane County. It is on a mission to help provide quality employment opportunities by making loans to hard-to-finance small businesses; and to provide quality, affordable housing for Madison and Dane County residents.

Dave Scholtens

Vice President Lending

9 past transactions

Invenra

Venture Round in 2016
Invenra Inc. is a biopharmaceutical company specializing in the discovery of biologics, particularly antibodies and their derivatives. Founded in 2011 and located in Madison, Wisconsin, Invenra utilizes a proprietary technology that integrates cell-free expression of full-length antibodies with extreme miniaturization. This innovative approach allows for the screening of a vast number of full-length antibodies in phenotypic assays, facilitating the identification of next-generation biologics. The company boasts a strong scientific foundation and a team of experts with extensive knowledge in genomics, biochemistry, and bioengineering, blending advanced basic research with practical commercial applications.

SmartUQ

Venture Round in 2016
SmartUQ is a predictive analytics and uncertainty quantification software tool that incorporates real-world variability and probabilistic behavior into engineering and systems analyses. Ranging from Fortune 500 companies in engineering and manufacturing to startups and consulting firms, SmartUQ software helps customers solve their difficult analytics problems in industries like automotive, aerospace, and defense, turbomachinery, heavy equipment, medical device, semiconductors, energy, oil and gas, and heating, ventilation, and air conditioning.

Health eFilings

Funding Round in 2016
Health eFilings was founded based on one simple principle: enable Providers to do what they do best, caring for patients, by finding ways to alleviate costly and time consuming administrative tasks that otherwise make it difficult for them to focus on their patients

TrafficCast

Venture Round in 2016
TrafficCast International, Inc. specializes in the development of technology and applications that utilize advanced digital traffic data to deliver real-time and predictive traffic information. Founded in 1999 and headquartered in Madison, Wisconsin, the company offers a range of products including DYNAFLOW, which provides travel time forecasting and road speed monitoring by analyzing GPS tracking data and other sources; BLUETOAD, a Bluetooth detection technology that assesses travel times and vehicle behavior; and TRAFFICCARMA, a crowdsourced mobile application that offers community-based route advice. TrafficCast's services cover over 220,000 miles of roadways, integrating multiple data sources to enhance navigation and traffic management for both consumers and public agencies. The company also maintains additional offices in major cities across the United States and in Shanghai, China.

Digsite

Funding Round in 2016
Digsite, Inc. develops a platform for online insight communities that improve on outdated online focus group technology. Its platform enables moderators to start public or private discussions, upload images and videos, and use survey and mark-up tools; and participants to add their own comments and discussions. The company also provides SmartReporting, which enables marketers and brand managers to bring qualitative research results to life. Digsite, Inc. was founded in 2014 and is based in Madison, Wisconsin.

Stemina Biomarker Discovery

Venture Round in 2012
Stemina Biomarker Discovery, Inc. discovers and develops human cellular models for toxicity screening of drug candidates, chemical compounds, and cosmetic and tobacco ingredients. The company offers Cardio quickPredict, a cardiotoxicity assay that indicates the cardiotoxicity potential of drug candidates and other lead compounds based on changes in human induced pluripotent stem cell-derived cardiomyocyte (iPSC-CM) metabolism and viability; devTOX quickPredict, a biomarker-based, human, in vitro assay that predicts developmental toxicity; devTOXqp in vitro assay that uses human embryonic stem (hES) cells or induced pluripotent stem (iPS) cells to provide a signal of a test article’s potential to disrupt human development; and custom services. The company was founded in 2006 and is based in Madison, Wisconsin.

PerBlue

Venture Round in 2012
PerBlue is an independent mobile games studio based in Madison, Wisconsin. PerBlue makes a free-to-play midcore RPG and strategy games played by millions of people around the world. From the company's bootstrapping roots that began in the founder's college apartments in 2008, the company has grown to become a venture-backed mobile gaming studio with a talented team of 40+ employees. Fueled with the passion to build great products and entertain millions of people, PerBlue endeavors to change the world with fun and innovative mobile game play.

Biosystem Development

Venture Round in 2011
BioSystem Development creates, manufactures, and markets system products for unmet needs in the fields of biotechnology and life science research.

Forte Research Systems

Funding Round in 2011
Forte Research Systems, Inc. develops and markets clinical and translational research management software.