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Radar · FinTech in Madison

Best FinTech Companies in Madison, United States

The 34 best FinTech companies in Madison, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Understory.

34companies tracked
$87.9Mdisclosed funding
0unicorns
8have raised
Sector wealth & growth · validated company filings
$180Mmedian revenue
+8%median YoY growth
$89.0Bcombined revenue pool
130companies reporting

Biggest earners American Express Co ($10.5B, +9% YoY), Mastercard Inc ($8.3B, +13% YoY), Flex Ltd. ($6.6B, +4% YoY), Fiserv Inc ($5.0B, +10% YoY)

FLIAR INTELLIGENCE · FINTECH × MADISON

Our analysis of 243 FinTech companies

$56.0b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

243companies analysed
98%cloud-native stacks
2025funding peak (by rounds)
45unicorns
2018median founding year

Ranked: Best FinTech companies in Madison

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Understory
Provider of ground-based dot sensors to collect hyperlocal weather data
$58M35 mo agoSeries BAdam Dershewitz
Co-Founder & CTO
2012—50 patents
IoT environmental sensing (rain, strain) and multimedia activity data processing systems
—
2Portal Finance
Provider of E-invoicing compliance management platform
$16M92 mo agoDeadpooled—2016———
3Tascet
Cybersecurity solutions provider specializing in fraud prevention and quantum infrastructure security
$13M170 mo agoSeries A—2005———
4AgroGraph
Provides agriculture information services on crop yields
$500K13 mo agoSeries AJames O'Brien
Co-Founder
2016———
5SimplifIDe
Security solution for secure authentication to enhance customer experience
$285K116 mo agoDeadpooledNick Fuhrman
Co-Founder & CMO
2016———
6My Payment Network
Secure payment software for non-retail businesses, simplifying reconciliation and increasing cash flow
$200K219 mo agoSeedDavid Dunaway
CEO & President
2005PHPFacebook LoginBootstrap+11——
7Telematic
Provider of SaaS solution for telematics
$40K124 mo agoSeedThomas Yates
Founder & CEO
2014———
8Countabout.com
Customizable, secure, and simple personal finance software for budgeting
—100 mo agoSeedJoseph Carpenter
CEO
2012WordPress Block EditorWordPressMySQL+19——

Top 9 FinTech companies in Madison

#1
Series A · Madison, Wisconsin · founded 2016 · 15 employees
$500Kraised
▾

AgroGraph provides agriculture information services. It offers a global platform to provide real-time and historical information on crop yields, land suitability, crop suitability, market prices, risk management, etc. The company claims to provides information using its proprietary technology Agros that combines the data from satellite observations, weather data, and machine learning algorithms to generate field-scale forecasts.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 8.6% of this cohort's audience
Activity: 1 partnerships (incl. Agrograph) announced in 12 mo
Funding rounds
  • Aug 2025Series A$600K
  • Dec 2024Series A$1.7M
  • Aug 2021Seed—
  • Sep 2018Seed$500K
Founders & team
James O'BrienCo-Founder
Investors
Mucker, Idea Fund
#2
Series B · Madison, Wisconsin · founded 2012 · 20 employees
$57.8Mraised
▾

Provider of ground-based dot sensors to collect hyperlocal weather data. The hardware offering detects rain, hail, winds, and other weather events at the surface of the earth. The information collected by the device is analyzed and processed to create real-time datasets and views of the movement and intensity of weather events to provide insight and early detection of risks. The sensors are solar-powered and can detect three-dimensional rain, hail, wind, and other weather at the ground level. It also offers parametric hail insurance for auto dealerships.

Funding rounds
  • Nov 2023Series B$15M
  • Jun 2023Series B$13.1M
  • Apr 2021Series B$5.5M
  • May 2019Series B$7.2M
Founders & team
Adam DershewitzCo-Founder & CTO
Investors
Gener8tor, Bolt, Monsanto, CSA Partners, True Ventures, RRE Ventures
Tech stack
Amazon Web ServicesReactStyled-ComponentsGatsbyGoogle AdsLinkedin Ads
#3
Deadpooled · Madison, Wisconsin · founded 2016 · 70 employees
$15.8Mraised
▾

Provider of E-invoicing compliance management platform. It offers solutions such as process automation, risk management, accountability and traceability, and more.

Funding rounds
  • Jan 2019Series B$14.2M
  • Oct 2018Seed$1.6M
  • Apr 2017Seed—
Investors
Magma Partners
#4
Series A · Madison, Wisconsin · founded 2005 · 11 employees
$13.2Mraised
▾

Cybersecurity solutions provider specializing in fraud prevention and quantum infrastructure security. They offer a security system that serves as the backbone of an organization's enterprise risk strategies, enforcing security protocols to protect borders and boundaries, secure critical assets, and prevent cyberattacks and fraud. Their Global Uniqueness Registry ensures users are unique, preventing synthetic identities and impersonation. They provide security credentials, not dependent on devices, controlled by the organization, eliminating risks like account takeover and phishing. They transform Zero Trust architectures into prevent-and-protect strategies, utilizing security credentials immune to compromise. They prevent fraud in payments and point-of-sale, stopping synthetics and imposters. They offer solutions for financial, healthcare, government, payments, telecom, travel, retail, education, and insurance industries. They provide a high-value security asset owned and controlled by the organization, bringing a profound change to its enterprise risk strategies.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 300 LinkedIn followers
Funding rounds
  • Aug 2012Series A$13.2M
Tech stack
WordpressMysqlPhpDraftpress HfcmContact Form 7Yoast Seo
#5
Deadpooled · Madison, Wisconsin · founded 2016 · 5 employees
$285Kraised
▾

SimplifIDe provides a security solution for secure authentication to enhance customer experience. The company provides a SaaS solution based on the facial, fingerprint, and voice recognition. Products offered by the company are ACCESS SimplifIDe, ENGAGE SimplifIDe and FUDU. ENGAGE SimplifIDe provides the facility to improve customer experience by providing simple and secure authentication. It can be used to provide services in call center operations, BPO service centers, social media integrity, and remote representative login.

Funding rounds
  • Feb 2017Seed$25K
  • Aug 2016Seed$1M
  • May 2016Seed$260K
Founders & team
Nick FuhrmanCo-Founder & CMOJeff McAllisterCo-Founder & CEO
#6
Seed · Madison, Wisconsin · founded 2005 · 5 employees
$200Kraised
▾

Secure payment software for non-retail businesses, simplifying reconciliation and increasing cash flow. This is a turnkey solution offering secure payment options from websites, social media, mobile platforms, and more. It reduces manual payment processing and increases cash flow with specialized, easy-to-use payment software built to facilitate and manage unique payment needs. The platform offers a wealth of reports to streamline reconciliation. It is a Level One PCI Compliant Provider, independently audited annually to guarantee adherence to the highest payment industry security standards. Features include secure login, optional financial account information storage, and password reset functionality. It supports mobile, online, and in-person payments, providing a comprehensive payment solution. The platform uses SSL technology for data encryption, ensuring payment account numbers are never viewable. It is PCI-DSS certified, the industry standard for internet-based financial services transactions.

Funding rounds
  • Jul 2008Seed$200K
  • Nov 2006Seed—
Founders & team
David DunawayCEO & President
Investors
Innovation Works, Arc Capital Development
Tech stack
Amazon AlbAmazon S3Amazon Web ServicesBootstrapCloudflareFacebook Login
#7
Seed · Madison, Wisconsin · founded 2014
$40Kraised
▾

Provider of SaaS solution for telematics. It offers an app over the cloud to monitor the driving habits of people and facilitate usage-based insurance. Using the SaaS-based smartphone app, insurers can bring down the spending on dongles.

Funding rounds
  • 2016Seed$40K
Founders & team
Thomas YatesFounder & CEO
Investors
Global Insurance Accelerator
#8
Seed · Madison, Wisconsin · founded 2012
—raised
▾

Customizable, secure, and simple personal finance software for budgeting. It is a stand-alone solution for personal budgeting and finance, offering an easy-to-use online application for tracking spending and managing finances. The platform automatically syncs data from banking, credit card, loan accounts, and investment balances. It provides a clean, ad-free experience without complicated features. Users can import data from Quicken and Simplifi, set up custom categories, and utilize customizable reports to save money and plan for the future. The software offers features like transaction downloading, custom categories, and data control, ensuring user privacy. It is a SaaS platform with subscription and pricing plans, offering a free trial. The platform supports budgeting, reporting, and financial planning.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 52 LinkedIn followers
Funding rounds
  • 2018Angel—
Founders & team
Joseph CarpenterCEO
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesApache Http ServerGoogle WorkspaceJquery
#9
Acquired · Madison, Wisconsin · founded 1975 · 974 employees
—raised
▾

TASC (Total Administrative Services Corporation) provides a platform for businesses to access various finance and accounts management services. It offers a text and email notification system, a debit card, a mobile app, claim and payments processing system, tax & audit management, welfare & benefits management etc. It also offers various products such as AgriPlan, BizPlan, GROUP ACA Employer Reporting, COBRA, ERISA, FlexSystem, FMLA, Form 5500 Preparation, Funded HRA, HIPAA Compliance, PayPath (Payroll), Retiree Billing, Transit & Parking etc.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers — 69.1% of this cohort's audience
Founders & team
Daniel RashkeCEO & Owner
Investors
OnRamp Insurance Conference
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAngularAnime.Js

Funding & investor landscape

$87.9Mtotal disclosed funding
7companies funded
22disclosed rounds
0rounds last 90 days
Most active investors
Gener8tor2 rounds
4490 Ventures1 rounds
Arc Capital Development1 rounds
Arenberg Holdings1 rounds
Bolt1 rounds
CSA Partners1 rounds
Climate Capital1 rounds
EXA Capital1 rounds
Future Shape1 rounds
Global Insurance Accelerator1 rounds

Notable founders

James O'Brien
Co-Founder · AgroGraph
Adam Dershewitz
Co-Founder & CTO · Understory
Nick Fuhrman
Co-Founder & CMO · SimplifIDe
Jeff McAllister
Co-Founder & CEO · SimplifIDe
David Dunaway
CEO & President · My Payment Network
Thomas Yates
Founder & CEO · Telematic
Joseph Carpenter
CEO · Countabout.com
Daniel Rashke
CEO & Owner · TASC
Prism market signals · United States · country-scoped Prism corpus, 3,947,148 docs

Market landscape — 10 sub-themes by coverage

Share of FinTech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · United States

How research on Fintech is moving in the United States

A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 907 United States-affiliated papers.

research sentiment over time
201620212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 23% → 38% across 2016–2026.
top research entities
  • Film Independent54
  • United States Department of Commerce26
  • Community Partners22
  • University of Virginia18
  • International Monetary Fund12
leading researchers
Crypto Education Research Lab · Kapil Dharika · Bibitayo Ebunlomo Abikoye · Adesola Oluwatosin Adelaja · Stanley Chidozie Umeorah · Pingale, Mandar Vijay · Hajwane, Shaeena Samir · Rogers, Anuoluwapo
▲ Breakthroughs97 · 11%
▲ 0%→11% share
0 median citations96% since 2021mostly methods-led
Breakthroughs are rising (0%→11% of field), led by Financial services.
rising sub-themes (early→recent)
  • Financial services42
  • Database transaction16
  • Payment15
  • Scalability12
  • Credit risk11
Newly emergingFinancial services 0→41 · Database transaction 0→15 · Payment 0→14
Landmark E.T.-RNN · 87 cites
◆ Advancements352 · 39%
▲ 28%→41% share
▲1.5× share momentum0 median citations95% since 2021mostly empirical
Advancements are rising (28%→41% of field), led by Financial services.
rising sub-themes (early→recent)
  • Financial services7→190
  • Financial inclusion2→74
  • Payment2→50
  • Mobile payment3→29
  • Leverage (statistics)1→21
Newly emergingTransformative learning 0→37 · Database transaction 0→34 · Financial literacy 0→32
Landmark Fintech Adoption Drivers for Innovation for SMEs in Indonesia · 143 cites
▼ Concerns281 · 31%
▼ 56%→29% share
▼0.5× share momentum0 median citations83% since 2021mostly empirical
Concerns are cooling (56%→29% of field), led by Financial services.
rising sub-themes (early→recent)
  • Financial services9→149
  • Financial inclusion1→56
  • Payment2→27
  • Investment (military)1→19
  • Cryptocurrency1→17
Newly emergingFinancial market 0→22 · Big data 0→18 · Corporate governance 0→18
Landmark The FinTech Opportunity · 433 cites
RESEARCH HOTSPOTS · United States

Where fintech is researched across United States

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

New York25 · +0.24
Hot · Financial servicesAdvancing · Credit riskOpportunity · Big dataConcern · Financial innovation
Seattle14 · +0.21
Hot · Financial servicesOpportunity · LoanConcern · Financial inclusion
Philadelphia13 · +0.19
Hot · Digital transformationAdvancing · Financial servicesOpportunity · Leverage (statistics)
Boston12 · +0.34
Hot · Financial servicesOpportunity · Key (lock)Concern · Financial innovation
Los Angeles8 · +0.42
Hot · Credit riskOpportunity · Financial services
Ann Arbor8 · +0.49
Hot · Financial servicesAdvancing · Financial inclusionOpportunity · Risk management
SF Bay Area5 · +0.42
Hot · Financial servicesOpportunity · Leverage (statistics)
Chicago5 · +0.08
Opportunity · Financial market
Atlanta5 · +0.36
Hot · Financial servicesOpportunity · Credit card
PATENT SIGNAL · United States

Who's filing fintech patents in the United States

United States fintech patent filing is accelerating — 20 filings from 16 assignees (2016–2025), led by Mastercard International, Verifone, Financial Cloud Innovations; annual filings 1→7.

20 filings16 assigneespeak 7/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Mastercard International20
  • Verifone4
  • Financial Cloud Innovations2
  • Atombeam Technologies2
  • Salah ALI Khalil1
  • LNW Gaming1
  • Kassetty Nikhil1
  • DR Mariappan RAJA1

Common questions

How many FinTech companies are there in Madison, United States?
Radar tracks 34 indexable FinTech companies headquartered in Madison, United States that meet our profile-completeness bar.
What is the total funding raised by FinTech companies in Madison, United States?
The FinTech companies in Madison, United States on this list have raised a combined $87.9M in disclosed equity funding across 7 funded companies.
Which is the highest-funded FinTech company in Madison, United States?
Understory is the highest-funded FinTech company in Madison, United States, with $57.8M in disclosed equity funding.
How many FinTech companies in Madison, United States are funded?
7 of the 34 FinTech companies in Madison, United States on this list have disclosed at least one equity funding round.
How many FinTech unicorns are there in Madison, United States?
None of the FinTech companies in Madison, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Madison, United States FinTech companies?
The most active investors in Madison, United States FinTech companies on this list include Gener8tor, 4490 Ventures, Arc Capital Development, Arenberg Holdings, Bolt.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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