Technology at the core. Ownership for the long term.

State Madison is a technology company and the parent of businesses in professional services, community development, and investment. Across these fields, technology is fundamental to how we think about business.

Our interest is in the relationship between technology and the work itself: how information informs a decision, how software supports a service, and how a better system can change what an organization is able to do.

As a holding company, we provide a permanent home for our businesses. Long-term ownership creates room to develop expertise, invest in useful systems, and build relationships that deepen over time.

Each company has its own focus and operates independently. What connects them is a shared approach: understand the field, build technology around its needs, and develop a business with lasting purpose.

Our companies apply a common foundation in technology to distinct fields, each with its own customers, partners, and opportunities.

State Madison

• Halsted, Haines & Co.

  Professional services connecting business strategy, research, and applied artificial intelligence.

  • Running Start Digital

    Websites, marketing systems, and AI workflows built around the needs of small businesses. A Halsted, Haines & Co. brand.

  • Built By Hackers

    AI-versus-AI cybersecurity and practical cyber hardening for small businesses. A Halsted, Haines & Co. brand.

• Built By DAO

  A technology platform for community development, combining shared software with local city cohorts.

• Voss Hale

  State Madison's investment arm, spanning private equity, direct investments in companies, and real estate.

We are interested in businesses with a clear purpose and opportunities where technology can materially improve how work gets done. Our perspective extends across established businesses, emerging ideas, and ventures developed with partners.

We consider acquisitions, selected minority investments, and new ventures. A useful starting point is the business itself: the need it serves, the people behind it, and what thoughtful ownership could help it become.

For a project or opportunity within a particular field, explore the relevant company below.

Technology strategy, consulting, and AI development

Halsted, Haines & Co.

Community development and city cohorts

Built By DAO

Websites, marketing, and AI for small businesses

Running Start DigitalA Halsted, Haines & Co. brand

Cybersecurity and AI-versus-AI hardening

Built By HackersA Halsted, Haines & Co. brand

Private equity, company investments, and real estate

Voss Hale

Acquisitions, partnerships, and general inquiries

State Madison

legal@statemadisoncompanies.com

For business opportunities, partnerships, or questions about State Madison, please write with a brief introduction and the context for your inquiry.