IU Ventures manages three investment programs: IU Angel Network, IU Philanthropic Venture Fund (IU PhV), and Innovate Indiana Fund (IIF), which was established in 2010 to support innovation at IU and has been fully invested. The portfolios for all three programs can be seen below.
The Indiana Philanthropic Venture Fund (IU PhV) was established in 2018 as a follow-up to the success of the Innovate Indiana Fund (IIF). IU PhV has $11M to put to work investing in early stage startups with strong connections to Indiana University, including companies with Alumni as founders or members of the C-suite, and companies based on IU technology. The fund is a donated pool of capital, and all equity realizations are returned to the fund for further investment, making the fund evergreen.
The IU Angel Network sources deals for members to invest their own capital. Members have invested in the following companies:
The Innovate Indiana Fund is now a fully invested fund!
The Innovate Indiana Fund (IIF) was established in 2010 to invest at the pre-seed and seed stage in high-potential technology companies with a strong connection to Indiana University. The IIF is currently fully vested and deployed $10M in capital to early stage IU affiliated startups.
The Shoebox Fund (a partnership with the Shoemaker Innovation Center and IU Ventures – as part of its Indiana Philanthropic Venture Fund) launched with a gift of $60,000 from Donna and John Shoemaker in 2020. The fund will support student startups that have been built in the startup incubator known as the Shoebox within the Shoemaker Innovation Center at the IU Luddy School of Informatics, Computing and Engineering.
Nothing on this website should be construed as an offer to sell, or a solicitation of an offer to buy, any security or investment product. IU Ventures and IU Ventures’ Indiana University Angel Network (“IUAN”) are not broker-dealers, investment advisers, and are not registered with the Securities and Exchange Commission, the Financial Industry Regulatory Association or any state securities regulator. Neither IUAN nor any of its principals, representatives of affiliates is providing you any investment advice through your use of this website and IUAN’s platform. Moreover, IU Ventures and IUAN do not provide business advice, financial advice, legal advice, accounting advice or tax advice, and no communication through this website or in any other medium should be construed as such. IU Ventures and IUAN do not endorse any of the information or opportunities presented on this website. In regard to any information or content that may be included, IU Ventures and IUAN have not independently verified any of the information or content provided, and the sole and complete responsibility to assess, review, and verify the information rests entirely with you.