State of Wisconsin Investment Board

Venture Capital

Wisconsin public pension fund managing WRS and state trust assets.

4+ investments · 3 portfolio companies

Growth
Late Stage
Early Stage
Financial Services
Real Estate
Founded
1951
AUM
$162.0B
Portfolio Companies
3
Total Investments
4
Last Investment
Nov 2025

Investment Thesis

Fiduciary management of Wisconsin Retirement System assets with diversified multi-asset allocation including alternatives, venture, and global equities.

State of Wisconsin Investment Board is a Venture Capital firm. It has made 4 investments, including FLUGEN INC, Madison Vaccines and Elephas Biosciences. Focus areas include Financial Services and Real Estate.

Portfolio3

Co-investors9

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9 co-investors across 12 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×7 · Other ×1 · Corporate VC ×1 · 13 shared rounds

Investment History

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