Multi-stage Fund

ISAV is a balanced approach to growing Iowa-based companies through multiple phases of their growth, including:

  • Early stage startups: pre- or early-revenue companies just getting started
  • Rapidly growing, young companies with demonstrable marketplace traction, scaling up
  • Expansion or later stage companies of any age with plausible exit in view

Industry Sectors

ISAV is focused on Iowa's key industry sectors with world-class mentors and industry-leading corporate partners.

  • Biotechnology, healthcare, and medical technologies
  • Education technologies
  • Engineering and automation technologies
  • Agriculture, food & bio-processing
  • Insurance & finance technologies
  • Transportation & logistics technologies

Iowa's first Venture Studio

The natural evolution of the accelerator model, our venture studios support founders during their entire journey. All ISAVentures portfolio companies receive access to:

  • Capital from pre-seed to expansion
  • Fundraising support for additional capital
  • Education, mentoring & coaching for founders and their teams from Iowa Startup Accelerator
  • Peer groups for CEOs
  • Marketing & sales support
    • Sales strategy
    • CRM & marketing technology
    • Marketing design
  • Product development
    • Product strategy
    • Product design (UI/UX)
    • Prototyping labs ( 3D printing, PCB, etc.)
    • Software & hardware development
  • Hiring support (Recruiting & retention)
  • Agile Training & Coaching

Full-time, professional management

Experienced General Partner: ISA Ventures' General Partner, Eric Engelmann, founded and grew Geonetric in Cedar Rapids from 1999 until 2015. An experienced angel investor, Eric has invested in more than 40 companies through Iowa Startup Accelerator Fund I and actively mentors many of our region's entrepreneurs.

Experienced counsel: Frank Camp, formerly Associate General Counsel at Transamerica, is ISAV General Counsel, supported by Drew Larson of BrownWinick.

Professional team: In 2020, the team will grow to five, all focused on the success of the Fund.

24/7 online access: Fund information is available to limited partner investors online 24/7, providing easy access to every investment made and all fund documents, including K1s.

Advisory Team

The full-time staff will be advised by a small group of advisors, including:

Steve Gray of Gray Venture Partners, a highly experienced global investor in numerous companies

Cammie Greif, co-founder of TaxAct and mentor-in-residence at Iowa Startup Accelerator from 2014-2019.

Bruce Lehrman, founder of Involta

An additional advisor will be selected by the end of 2019.

Investing in ISAV

Accessible: The Fund is intended to be easy for experienced and newer investors alike, with a minimum investment for accredited individual investors of $20k/year for 5 years, starting in 2020.

Diversification: The Fund will invest in about 125 companies from 2020-2024, across a variety of industry sectors; companies will range from early stage startups to mature, expanding companies.

Iowa-based portfolio: All companies that receive investment from ISAV will be required to maintain principal operations in the state of Iowa.

Iowa Innovation Fund Tax Credits: limited partner investors may receive substantial tax benefits through the Iowa Innovation Fund program

Follow-on Opportunities: ISAV investors will have the first opportunity to invest more in portfolio companies as sidecar investments

Learn more: Offers are made only through the Private Placement Memorandum. Accredited investors interested in learning more about becoming an investor in the fund can contact Eric Engelmann at eric@isaventures.com.