TitletownTech Research
Investment Thesis
TitletownTech is a venture capital firm born from a unique partnership between the Green Bay Packers and Microsoft, founded in 2018 and launched in 2019. The firm invests in early-stage, scalable ventures with exceptional founders building emerging technology across five core verticals: Digital Health, Manufacturing, Supply Chain, Agriculture, and Energy. Its stated mission is "digitally transforming industries core to the strengths of our partners and region," leveraging its unique network of corporate partners (Microsoft, the Packers organization, and a growing base of regional limited partners) to give portfolio companies access to enterprise relationships, technical resources, and go-to-market support that a typical seed fund cannot offer.
Stage Focus
TitletownTech invests across early stages, from pre-revenue through Series A. It participates in seed, seed extension, and Series A rounds, and occasionally follows on in later rounds for existing portfolio companies (e.g., participating in Realta Fusion's $36M raise).
Check Size
Initial investments typically range from $200,000 to $2 million per deal, consistent with a fund built for first checks into pre-revenue and early-revenue companies, with reserves for follow-ons.
Lead Tendency
The firm describes itself as "happy to lead deals or co-invest," indicating flexibility rather than a strict lead-only or follow-only mandate. Coded as "both" given explicit statement of willingness to do either.
Recent Activity
TitletownTech has been actively deploying capital through 2025 and into 2026:
- May 2025: Participated in Realta Fusion's $36M raise for its "fusion-in-a-bottle" reactor.
- July 2025: Backed Cobionix's funding round for autonomous medical robotics.
- April 2025: Selected Ateios Systems and Ubicept as inaugural picks in the firm's new $1M "TitletownTech Startup Draft," a pitch competition timed to the NFL Draft.
- February 2025: Backed Tusk Logistics' $2M raise for an alternative carrier management platform.
- January 2025: Backed Springbok Analytics' Series A for muscle health assessment software (later received FDA 510(k) clearance for MuscleView in October 2024).
- June 2025: Opened, alongside Microsoft, WEDC, and UW-Milwaukee, a first-of-its-kind AI Co-Innovation Lab to accelerate manufacturing innovation.
- The firm closed its second fund at roughly $70M in mid-2023, bringing total capital raised since inception to approximately $95-100M in AUM as of early 2025, and has continued to deploy from that vehicle through 2025 and 2026.
Fund status is best characterized as actively deploying, given the steady cadence of new investments and the ongoing Startup Draft program launched in 2025.
Portfolio Highlights
TitletownTech's portfolio spans roughly 38 companies across its five focus verticals, including: Realta Fusion (fusion energy), Springbok Analytics (musculoskeletal health, FDA-cleared), Cobionix (autonomous medical robotics), Renaissant (freight/logistics, raised a $5M Series A in 2024), GenLogs (freight intelligence), Tusk Logistics (alternative parcel carriers), Fork Farms (indoor vertical farming), Ateios (battery electrode manufacturing), Vayu Aerospace (cargo UAVs), Oculogica (eye-tracking for concussion detection, featured in a Military Medicine study), Ubicept (computer vision for low-light environments), Trusted Health (healthcare labor marketplace), Midwest Games and Demiplane (gaming), and StatusPRO (sports VR). No exits have been publicly reported to date; the portfolio is still relatively young (fund launched 2019, most investments from 2021 onward).
Team
- Craig Dickman - Managing Partner
- Jill Enos - Managing Partner
- Grace Schattner - Chief of Staff
- Kelly Williams - Partnership & Growth Navigator
- Chloe Kinderman - Director, Investment Management
- Nicole Boucher - Finance & Accounting
- Kathryn Clouse - Director, Co-Innovation
- Matt Adamczyk - Technologist in Residence
- Mark Juetten - Director, Discovery Collaboration
- Josie Turner - Program Manager, Discovery Collaboration
- Varsha Vishwakarma, Ansuman Sasmal, Abhinav Arabelly - AI Engineers, Microsoft AI Co-Innovation Lab
- Jason Zander - Chief Technical Advisor (Microsoft EVP)
- Mike Gallagher - Senior Strategic Advisor (former U.S. Representative, joined May 2024)
- Additional venture partners/advisors: Shaleen Devgun, Dr. Ashok Rai, Angela Ruggiero, Eric Matzke
The firm is led by two Managing Partners (Dickman and Enos) operating with a partnership decision process, supported by a dedicated Co-Innovation team and a Microsoft-staffed AI Co-Innovation Lab that provides in-residence technical support to portfolio companies.
Decision Process
Structured as a partnership decision process between the two Managing Partners, supported by an investment management team (Chloe Kinderman) and informed by corporate/strategic partners. No committee structure is publicly described.
Founder Preferences
TitletownTech looks for "exceptional founders" building scalable technology in its five target verticals, with a strong preference for founders based in or connected to Wisconsin and the broader Midwest region, though the firm will invest anywhere in the U.S. and Canada if there is a strong strategic fit with its corporate network.
Geographic Focus
Primary geographic focus is Wisconsin and the Midwest, with investment scope extending across the United States and Canada. The firm is headquartered at 1025 Lombardi Avenue, Green Bay, WI, inside the Titletown District adjacent to Lambeau Field.