16 Jan Jobs at Madison area startups now top 1,000, survey shows
Posted at 14:12h
in URP News
By Judy Newman, Madison.com
If you were an entrepreneur in the Madison area, 2016 was probably a good year for you.
At least, that’s what the latest figures would imply.
Madison area startups added 150 full-time and 135 part-time jobs in 2016.
That means the young companies now account for at least 825 full-time and 300 part-time employees — or a total of 1,125 people — according to the replies of 58 companies to a poll by the Capital Entrepreneurs mentorship group.
The startups raised a combined $114 million in funding, up 71 percent over the $66.5 million local startups drew in 2015 and $44 million in 2014. That includes 11 businesses — such as mobile restaurant ordering service EatStreet, asthma sensor company Propeller Health and weather data provider Understory — that each raised $4 million or more. Read more …