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Character

North America, Wisconsin, United States, Milwaukee

Description

Character is a Milwaukee, Wisconsin-based venture capital firm that distinguishes itself through a "human-centric" investment philosophy. Founded with the aim of providing more than just capital, Character actively supports early-stage startups with strategic guidance and operational "sprints." This approach underscores their commitment to fostering long-term growth and success for their portfolio companies, emphasizing deep engagement beyond the initial investment.

The firm primarily targets early-stage ventures, offering a typical first check size ranging from $250,000 to $1,000,000. This focused investment range allows Character to be a significant early partner for promising startups. Their investment capacity is underpinned by Character Fund I, a $10 million fund dedicated to backing innovative companies that align with their human-centric values and growth potential.

Beyond financial backing, Character differentiates itself through its unique "sprints" program, which provides intensive, hands-on support to help founders overcome critical challenges and accelerate development. This operational involvement, coupled with their capital, aims to build resilient and scalable businesses. With a portfolio that includes over a dozen investments, Character is steadily building a reputation for being a supportive and engaged partner in the startup ecosystem, particularly within the Midwest and beyond.

Investor Profile

Character has backed more than 25 startups, with 8 new investments in the last 12 months alone. The firm has led 3 rounds, about 12% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Canada, United Kingdom.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Health Care.
  • Led 1 rounds in the past year.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (52%)
  • Series A (24%)
  • Pre Seed (20%)
  • Series Unknown (4%)

Country Focus

  • United States (92%)
  • Canada (4%)
  • United Kingdom (4%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Health Care
  • Medical
  • Information Technology
  • Industrial Automation
  • Insurance
  • Saas
  • Machine Learning
  • Enterprise Software
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Character frequently co-invest with?

Company Ventures
North America, New York, United States, New York
Co-Investments: 3
Active Capital
North America, Texas, United States, San Antonio
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 4
Flying Fish Partners
North America, Washington, United States, Seattle
Co-Investments: 4
MV
North America, California, United States, Palo Alto
Co-Investments: 2
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 2
Operator Partners
North America, New York, United States, New York
Co-Investments: 4
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 2
Rackhouse Venture Capital
North America, California, United States, Menlo Park
Co-Investments: 2
Section 32
North America, California, United States, San Diego
Co-Investments: 3

Which angels does Character often collaborate with?

AK
North America, California, United States, San Francisco
Shared Deals: 1
CD
North America, California, United States, Alameda
Shared Deals: 1
AR
North America, Illinois, United States, Chicago
Shared Deals: 1
CE
North America, California, United States, San Francisco
Shared Deals: 1
AS
North America, California, United States, San Francisco
Shared Deals: 1
BT
North America, California, United States, Palo Alto
Shared Deals: 1
BB
North America, California, United States, Beverly Hills
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
AC
North America, New York, United States, New York
Shared Deals: 1
AM
North America, New Jersey, United States, Hoboken
Shared Deals: 1

What are some of recent deals done by Character?

Extend

New York, New York, United States

Transform documents into structured data using LLMs. Build custom document automation solutions with unmatched accuracy in days, not months

Software
Series AJun 17, 2025
Amount Raised: $17,000,000
Inductive Bio

San Francisco, California, United States

Inductive Bio provides the information, machine learning, tools, and know-how required to resolve ADMET issues.

BiotechnologyMedical
Series AMay 7, 2025
Amount Raised: $25,000,000
Coheso

Nyack, New York, United States

Coheso is an AI-native legal front door and work management platform for in-house legal and compliance teams.

Series UnknownApr 30, 2025
1Fort

New York, New York, United States

AI platform for business insurance

Artificial Intelligence (AI)B2BInsuranceRisk ManagementSaaSSoftware
SeedApr 17, 2025
Amount Raised: $9,853,517
Sohar Health

New York, New York, United States

Sohar Health automates insurance verification for behavioral health providers with EHR integration and real-time eligibility updates.

Artificial Intelligence (AI)Developer APIsEmployee BenefitsHealth CareInsuranceSoftware
SeedMar 28, 2025
Amount Raised: $3,800,000
Taxo

San Francisco, California, United States

Taxo automates healthcare administration using proprietary AI models

Artificial Intelligence (AI)Generative AIHealth Care
SeedMar 27, 2025
Amount Raised: $5,000,000
SymbyAI

Huntsville, Alabama, United States

AI-driven peer review and replication for scientific papers

Artificial Intelligence (AI)Information TechnologySoftware
SeedFeb 28, 2025
Amount Raised: $2,100,000
Fathom

San Francisco, California, United States

Fathom records, transcribes, and summarizes meetings for enhanced productivity.

Meeting SoftwareSoftwareVideoWeb Apps
Series ASep 19, 2024
Amount Raised: $17,000,000
HATCH

New York, New York, United States

An AI-powered portal for Fundraisers, Marketers and Volunteers to streamline and Maximize their impact.

Artificial Intelligence (AI)Data VisualizationInformation TechnologyMachine LearningSoftware
SeedApr 14, 2024
Amount Raised: $3,100,000
Orbital Materials

London, England, United Kingdom

Building novel solutions for clean air, water and energy with AI.

Advanced MaterialsArtificial Intelligence (AI)
Series AFeb 21, 2024
Amount Raised: $16,000,000