BrightStar Wisconsin Foundation

BrightStar Wisconsin Foundation operates as a non-profit venture capital firm, a 501(c)(3) organization that directs philanthropic capital into Wisconsin's early-stage technology companies. It functions by accepting charitable donations and then making equity investments into promising startups within the state. A core aspect of its operational model involves re-deploying successful investment returns back into the entrepreneurial ecosystem, fostering continuous growth and job creation.

The foundation was co-founded in 2013 by angel investor Thomas M. Shannon and Jeffery Harris, alongside seven other prominent business leaders. Their collective insight stemmed from a desire to address the outflow of talent and capital from Wisconsin, recognizing the critical need to cultivate a robust local economy. This led to the establishment of BrightStar as a mechanism to channel resources efficiently, nurturing the state's burgeoning startup landscape.

The foundation primarily supports Wisconsin-based entrepreneurs and early-stage tech companies, aiming to develop high-growth ventures. Its overarching vision is to serve as an enduring philanthropic conduit, ensuring that the state retains its top talent and innovative enterprises. By focusing on creating high-paying jobs, BrightStar Wisconsin Foundation helps position the state to compete, prosper, and thrive economically into the future.