Character
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
Frequently Asked Questions
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