# IU Angel Network

> IU Angel Network is a VC fund in Bloomington backing Health Care and Software. See 18 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Bloomington, United States
- Total investments: 18
- Last investment: Aug 2024
- Lead investor: 72%
- Last updated: Aug 2026
- Website: https://iuventures.com/investors/

IU Angel Network is a VC fund in Bloomington focused on Health Care and Software. IU Angel Network facilitates connections between startup companies and prospective investors among Indiana University’s global community of alumni, faculty, staff, students and friends, to further Indiana University’s mission of fostering a pervasive entrepreneurial culture that contributes to the prosperity of the State of Indiana, the nation andthe world.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 5 | 28% |
| Software | 3 | 17% |
| Analytics | 2 | 11% |
| Education | 2 | 11% |
| Mobile Apps | 2 | 11% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 39% |
| Angel | 3 | 17% |
| Venture - Series Unknown | 3 | 17% |
| Pre-Seed | 2 | 11% |
| Series A | 1 | 6% |

6 stages tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Sunny | Sunny is an online retail business company. They serve women's menstrual needs. Their products include self-care products, menstrual cups, and applicators. | $250K | Seed | Aug 28, 2024 |  |
| The New Savant | The New Savant offers candles which are made up of original scents in eco-friendly packaging. | $90K | Angel | Jun 18, 2024 |  |
| Primary Record | Primary Record is an android application. It helps in the documenting, managing, and sharing of healthcare information of individuals and familes. | $65K | Seed | Feb 21, 2024 |  |
| Adipo Therapeutics | Adipo Therapeutic is a biotechnology company that develops polymer-based nanotherapeutics. Its nanotherapeutics utilizes adipocyte browning technique to convert energy-storing bad fat cells into energy-burning good fat cells to transform the treatment of obesity and type 2 diabetes, enabling patients to lose bodyweight naturally and restoringmetabolic balance for millions of people living with diabetes. | $1.9M | Convertible Note | Jan 31, 2024 |  |
| TrueLeap | TrueLeap is a education technology solutions company.TrueLeap digitally intelligent platform is designed to provide an intuitive and affordable solution for educational institutions worldwide. | $95K | Angel | Nov 29, 2023 |  |
| Cardinal Spirits | Cardinal Spirits is operates as a craft distillery and offers spirits like gin, vodka, whiskey, and liqueurs. | $50K | Venture - Series Unknown | May 30, 2023 |  |
| MetaCX | MetaCX’s mission is to help SaaS and digital product companies transform how they sell, deliver, renew and expand with one connected digital experience that includes the customer at every stage. By creating shared spaces that allow suppliers and buyers to define and measure outcomes, MetaCX helps align sales, success, and delivery teams around thereal business impact that customers can see. Headquartered in Indianapolis, MetaCX has raised $14 million from Upfront Ventures and High Alpha and is led by former executives from Salesforce, ExactTarget, Facebook, and Pendo. | $250K | Venture - Series Unknown | Jan 31, 2023 |  |
| The Bee Corp | The Bee Corp’s product, Verifli applies data analytics to beehives to help growers ensure effective pollination through infrared inspection technology. The Bee Corp increases yield for farmers by monitoring the number, health and distribution of pollinating bees. | $1.1M | Venture - Series Unknown | Feb 07, 2022 |  |
| Stagetime | Stagetime is the professional hub for the performing arts, allowing industry members to showcase their portfolio, build quality connections, find opportunities, collaborate with like-minded professionals, and more. | $1.5M | Seed | Nov 16, 2021 |  |
| Stagetime | Stagetime is the professional hub for the performing arts, allowing industry members to showcase their portfolio, build quality connections, find opportunities, collaborate with like-minded professionals, and more. | $1.5M | Series A | Nov 16, 2021 |  |

10 of 18 investments shown.

## Co-investors
- [Flywheel Fund](https://shizune.co/investors/profile/flywheel-fund) — VC Fund, 5 deals together
- [Elevate Ventures](https://shizune.co/investors/profile/elevate-ventures) — VC Fund, 3 deals together
- [Gravity Ventures](https://shizune.co/investors/profile/gravity-ventures) — VC Fund, 3 deals together
- [HPA (Hyde Park Angels)](https://shizune.co/investors/profile/hyde-park-angels) — VC Fund, 2 deals together
- [IU Ventures](https://shizune.co/investors/profile/iu-ventures) — VC Fund, 2 deals together
- [M25](https://shizune.co/investors/profile/M25-VC) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does IU Angel Network invest in?

IU Angel Network invests primarily in Health Care, Software and Analytics startups, most often at Seed and Angel stage. Most of the 18 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did IU Angel Network last invest?

The most recent investment recorded for IU Angel Network closed in Aug 2024. Shizune tracks 18 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.

# About Shizune
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