Company will use bridge funding for new product launch Bloomington, IN--After its $500,000 investment in the company’s seed round, the IU Philanthropic Venture Fund is making a second $500,000 investment in a bridge round for Boston-based mentorship platform Mentor Collective. Investors in the round include edtech...
IU Ventures has announced a follow-on investment in Qumulex, a commercial security company that unifies on-premises and cloud storage, accessibility, and utilization. Last year, IU Philanthropic Venture Fund invested in the startup’s seed round, and now that Qumulex has exhibited success—particularly during a year of...
Bloomington, Indiana— Podchaser, a podcast database co-founded by IU alumnus Cole Raven, recently closed a $4m funding round with participation from the IU Angel Network. “The podcasting space was already a rapidly emerging market prior to the pandemic,” observed Jason Whitney, Executive Director of the...
Ziptility, a Bloomington-founded startup, helps municipalities manage, maintain water Leaders of the IU Philanthropic Venture Fund have announced a second investment in Ziptility, a utility management software collaboration company. The new $100,000 in funding follows the initial $250,000 investment made in July 2019. Teri Willey, executive...
Despite challenges created by the global coronavirus pandemic, IU Ventures had a hugely successful 2020 calendar year. Several investment milestones were reached, and new initiatives were put in place to springboard into an even stronger 2021. During 2020, IU Ventures: Made seven follow-on investments/commitments to companies in its...
The IU Angel Network has announced an investment in Boost, a mobile app that syncs with learning management systems to aid both students and teachers in a time of increased online learning. Like a virtual personal assistant, Boost sends due date reminders for unfinished projects,...
Focus on Entrepreneurship, Diversity, and Student Experience Bloomington, IN—In the process of formalizing an “EIR” program that will host executives, entrepreneurs, and experts in residence, IU Ventures has brought IU alumnus James “Jim” Fielding back full-circle to Indiana. Fielding assumes an intersectional role to serve students,...
Founders and Funders Network Continues to Deliver, Evolve Bloomington, Indiana—The growing network of impactful angel investors and founders that make up the IU Angel Network is attracting recognition and value from other entities in the startup space. Five industry sponsors—Bridge Bank, InnovateMap, Carbon Group, CliftonLarsonAllen...
In 1957, when storied IU swimming and diving coach Doc Counsilman took the reigns as head coach, he did what most every head coach does when inheriting a franchise. He took a step back and started to measure his athletes and examine the facilities to...
We’ve been inspired by the resilience of the founders we work with and their contributions to society during the pandemic. We look forward to the role they will have in the post-pandemic recovery...
