IDEA Fund Partners is one of the most active seed and early stage venture investors in NC and throughout the Southeast. We typically provide the first institutional money for the companies in which we invest. We like to make small initial investments and set aside plenty of follow-on capital for future rounds. We have invested as little as $100,000 and as much as $750,000 in a round, and can invest up to $1.5M over the life of a company.
We consider ourselves company builders. We typically get involved early on and help entrepreneurs build strong sustainable companies. But we also get out of the way and let managers manage. We typically take on board seats, and if we feel we cannot bring value to a company, we prefer not to invest. As a team, we have advised hundreds and invested in dozens of early stage companies over the past decade.
We are not afraid of investing in pre-revenue companies. In fact, most of our initial investments have been in companies with no revenues. We invest in a broad range of high growth sectors including software, technology with IP protection and medical devices.
We have offices in Durham, NC and Orlando, FL. We invest in companies located in the Southeast and Mid-Atlantic regions of the US. However, because of our early stage focus, we prefer to invest as close to home as possible. We venture out when we make a co-investment with a partner we know and trust.