Indiana Angel Network Fund (IANF)
Supporting seed investment in Indiana-based companies
Key information & criteria
Up to $500K
Seed stage financing with additional follow-up funding
Elevate Advisor services
Access to Elevate Ventures Tech offerings (Partnered with AWS, Hubspot, Google Cloud Startup Program, and more)
Co-investment of at least 50%
Addressable market of $500M+
Strong team with industry experience and prior startup experience
Well-articulated value proposition
What to expect after applying
The Elevate team will assess and triage to the appropriate next step.
Present to Elevate
The Elevate investment team will evaluate if you are a fit through initial vetting and an in-person presentation and provide a recommendation for investment.
You will be asked to provide roughly 50 items for us to complete our due diligence process.
Final review & closing
The Elevate team will then review the recommendation and decide whether to approve it for closing.
Once finalized, you are responsible for providing quarterly reports to Elevate while receiving portfolio-company benefits.
Apply for the IANF
On the application form, select “Direct Investment” from the dropdown menu to begin your application for the IANF.