Stages:

• Early
• Seed

 

Industries:

Communications & Networking

Information Technology

Life Sciences & Healthcare

Software & Internet

 

Description:

The University Venture Fund is an independent venture fund that leverages the innovation of students from around the country. The fund traces its roots to a visit to the University of Utah in 2000 by Geoff Woolley, a venture capitalist who received his M.B.A. from Utah's David Eccles School of Business; he suggested the students start their own venture fund, and several students began raising the seed money. The first fund closed on $5M from institutional and individual investors in 2004, and by 2006, the Fund was managing $18.2M in assets, making it the largest student-run fund by assets under management in the country. Since 2004 the Fund has made 24 investments in a diverse number of industries and stages. UVF promotes entrepreneurship by creating a forum of students to be directly involved in venture capital. It is a collaboration between students seeking an entrepreneurial education and professional venture capitalists to search out high tech and consumer trends with potential. Many of the budding businesses they research and back are founded by entrepreneurs the students' age. Students are immersed in an environment that allows them to recognize and act on social and consumer trends, allowing them to identify and connect with potential investments that may otherwise go unnoticed by the venture capital world.

 

Funds:

Fund Name	Amount	Date
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