4490 Ventures

4490 Ventures is an early-stage venture capital firm headquartered in Madison, Wisconsin, with a strategic focus on investing in innovative software and technology companies. The firm targets a range of high-growth sectors, including B2B SaaS, artificial intelligence and machine learning, data analytics, financial technology, and cybersecurity. While primarily focused on the burgeoning tech ecosystem across the Midwest, 4490 Ventures also extends its investment reach to promising opportunities beyond this region, demonstrating a broad yet targeted approach to its portfolio development.

The firm typically engages with companies in their Seed, Series A, and Series B funding rounds, often taking on a lead or co-lead investor role. Their initial investment checks are substantial, generally ranging from $5 million to $8 million per company. This commitment reflects their strategy to provide significant capital to early-stage ventures, enabling them to scale operations, accelerate product development, and expand market presence effectively.

Over its operational history, 4490 Ventures has demonstrated a consistent growth in its capital base, indicative of its increasing influence and investor confidence. The firm successfully raised its first fund, 4490 Ventures Fund I, amounting to $30 million in 2013. This was followed by 4490 Ventures Fund II, which closed at $50 million in 2018, further solidifying their capacity. Most recently, in 2022, they closed their third fund, 4490 Ventures Fund III, at $75 million, bringing their total capital under management to approximately $155 million. This progression underscores their commitment to supporting the next generation of technology leaders.