# IAN Fund

> IAN Fund is a VC fund in Vermont backing Internet, Software and Health Care. See 16 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Vermont, United States
- Total investments: 16
- Last investment: Jan 2023
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/international-avalanche-nest-egg
- X (Twitter): https://www.twitter.com/ianfund
- Website: http://ianfund.org
- Facebook: https://www.facebook.com/avalanchefund

IAN Fund is a VC fund in Vermont focused on Internet and Software. The International Avalanche Nest-Egg is a non-profit fund designed to support the children and families of avalanche victims, as well as provide educational and preventative services aimed at reducing avalanche fatalities worldwide.The IAN fund was founded in 2013 in loving memory of skier Ian Lamphere, who was killed in the Loveland Passavalanche in April of that year. Over $40,000 was raised to support his fiancee and baby daughter Madelyn. Three short months later, the IAN fund was created to help others facing the same tragic and sudden sense of loss.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.5M–$2M |
| Series A | $2M–$5.1M |
| Series B | $20M–$22M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Internet | 4 | 25% |
| Software | 3 | 19% |
| Health Care | 3 | 19% |
| SaaS | 2 | 13% |
| Clean Energy | 2 | 13% |

47 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 6 | 38% |
| Seed | 4 | 25% |
| Series B | 2 | 13% |
| Funding Round | 2 | 13% |
| Angel | 1 | 6% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 13 | 81% |
| Indonesia | 1 | 6% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| trezi | Trezi is India’s first a fully immersive virtual reality platform for the building industry that dramatically transforms design collaboration and communication experience, communication and collaboration by bringing together all project stakeholders to review, modify and experience in the design within an immersive environment - in real-time andat full scale and color - regardless of the users’ physical location. process to collaborate in real-time and at full scale. Trezi advances the understanding of spatial design for all users project stakeholders, and improves product search, discovery and selection. This results in reduced errors and costs, faster and better decision-making, and ultimately greater business impact and profitability. | $2M | Series A | Jan 11, 2023 |  |
| WebEngage | WebEngage is a full-stack marketing automation and customer data platform that helps consumer businesses drive more revenue from their existing customers and anonymous users through highly contextual and personalized user engagement across channels like Email, Mobile and Web Push Notifications, In-app Messages, SMS, Web Overlays, Facebook, andWhatsApp.WebEngage’s marketing automation platform also allows brands to craft and deliver cross-channel campaigns based on data-driven user insights, intelligent user profiles, and smart segments. Marketers and product managers can orchestrate lifecycle marketing campaigns within seconds by using the DIY journey builder feature which simplifies the process of executing and managing complex cross-channel campaigns at scale. | $20M | Series B | Aug 02, 2022 |  |
| Truemeds | Truemeds is a health-tech startup. Its mission to make medicine affordable for chronic patients. | $21.8M | Series B | Apr 26, 2022 |  |
| Skit | Vernacular.ai is an AI-first SaaS business driven with the mission to end bad call center experiences. We help enterprises in enhancing customer experience through intelligent voice conversations by automating call center queries.VIVA (Vernacular Intelligent Voice Assistant) is our Voice AI-powered call center automation platform that helpsenterprises streamline contact center operations and enhance customer experience & engagement.Empowered by our speech recognition engine and natural language understanding technology, you can now hold human-like conversations every time and Increase your self-service effectiveness. | $5.1M | Series A | May 06, 2020 |  |
| trezi | Trezi is India’s first a fully immersive virtual reality platform for the building industry that dramatically transforms design collaboration and communication experience, communication and collaboration by bringing together all project stakeholders to review, modify and experience in the design within an immersive environment - in real-time andat full scale and color - regardless of the users’ physical location. process to collaborate in real-time and at full scale. Trezi advances the understanding of spatial design for all users project stakeholders, and improves product search, discovery and selection. This results in reduced errors and costs, faster and better decision-making, and ultimately greater business impact and profitability. |  | Series A | Feb 19, 2020 |  |
| Furtados School of Music | Furtados School of Music (FSM) partners with visionary schools to help them provide their children the best in music education and therefore its resultant benefits. | $2.4M |  | Nov 19, 2019 |  |
| Zypp Electric | Zypp Electric is an EV delivery app that operates in the last-mile space. Zypp is working to convert all deliveries for e-commerce, grocery, medicine, and food verticals to go electric with an e-scooter sharing app. Making last-mile delivery more affordable, time-saving, and with zero emission. Zypp, through its continuous efforts to invest andstrategize toward the mission of zero-emission, has become the first EV logistics player to turn into an EBITDA-positive business. | $2M | Seed | Nov 14, 2019 |  |
| Noccarc | Noccarc is an engineering company currently having innovative critical care products for the healthcare industry. Incorporated in 2017 by IIT Kanpur graduates, Noccarc began with the vision to disrupt the hardware industry in India by developing high-quality and innovative products that cater to real-world problems.Post the pandemic induced inMarch, given the surge in demand for ventilators, Noccarc decided to take up the challenge to design and develop a fully functional indigenous ICU ventilator. Noccarc has now ventured into the development of critical care ICU devices and currently has NOCCARC V310- an advanced ICU ventilator commercially available in the market. As on date, 3000+ units of NOCCARC V310 have been installed in various private and government hospitals across India.Meeting top of the line specifications, NOCCARC V310 has gained tremendous acceptability in the market because of its best-in-class intuitive user interface and high value-to-price offerings, making it the best option for healthcare professionals.Noccarc Robotics aims to be a leading product and manufacturing company which provides disruptive solutions to various social and environmental problems and create wealth for the society. Noccarc has many accolades including: • Winner- National Award for Technology Startup 2021 • Winner- IISF National Startup Award 2020 under Ventilators & Other Medical • Winner- 11th Aegis Graham Bell Awards, Innovative Medical Equipment Category • Winner- CIF Canada India Healthcare Innovation Awards 2021 ,to name a few.Both co-founders Harshit Rathore and Nikhil Kurele were part of the prestigious Forbes Asia 30 under 30 list of 2020 and have also been awarded as winners of Nina Saxena Excellence in Technology Award 2020 . | $1.5M | Seed | Sep 11, 2019 |  |
| Chakr Innovation | Chakr Innovation is a material science startup that develops cleantech products for diesel generators that reduce emissions. Its devices use advanced retrofit emission control technology and IoT-enabled monitoring systems to convert diesel pollution into cleaner air and make energy production sustainable and environmentally friendly. It also allowsindustries to focus on material science technology specifically geared toward air quality enhancement. | $2.3M | Series A | Jun 06, 2019 |  |
| Little Black Book | LBB engaged in search and discover highly recommended places, products, local experiences & much more. | $5M | Series A | Apr 03, 2019 |  |

10 of 16 investments shown.

## Co-investors
- [IAN Angel Fund](https://shizune.co/investors/profile/ian-fund-ba3d) — VC Fund, 12 deals together
- [IAN Group](https://shizune.co/investors/profile/indian-angel-network) — VC Fund, 6 deals together
- [Blume Ventures](https://shizune.co/investors/profile/blume-ventures) — VC Fund, 3 deals together
- [YourNest Venture Capital](https://shizune.co/investors/profile/yournest-venture-capital) — VC Fund, 3 deals together
- [Orios Venture Partners](https://shizune.co/investors/profile/orios-venture-partners) — VC Fund, 2 deals together
- [Rockstud Capital](https://shizune.co/investors/profile/rockstud-capital) — VC Fund, 2 deals together

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## FAQ

### What does IAN Fund invest in?

IAN Fund invests primarily in Internet, Software and Health Care startups, most often at Series A and Seed stage. Most of the 16 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is IAN Fund's check size?

IAN Fund typically joins rounds of $1.5M–$2M at Seed, $2M–$5.1M at Series A and $20M–$22M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds IAN Fund participates in.

### When did IAN Fund last invest?

The most recent investment recorded for IAN Fund closed in Jan 2023. Shizune tracks 16 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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