
i2E
Description
i2E (Innovations to Entrepreneurs) is a distinctive private not-for-profit corporation based in Oklahoma City, dedicated to fostering the growth of technology-based entrepreneurs and companies primarily within Oklahoma. Established with a mission to diversify and strengthen the state's economy through innovation, i2E acts as a crucial bridge between promising startups and the capital they need to scale. Its unique structure as a non-profit investor allows it to take a long-term view on economic development, providing both funding and strategic guidance to its portfolio companies.
The organization deploys capital through a tiered funding approach, catering to various stages of company development. For early-stage ventures, i2E manages Proof of Concept (POC) Funds, which provide initial investments typically up to $100,000, helping companies validate their technologies and market fit. As companies mature, they can access i2E's Venture Capital Funds, which offer more substantial investments ranging from $250,000 up to $2 million. While the stated minimum for their VC funds is $250,000, i2E has demonstrated flexibility, with some initial investments, particularly in very early stages or through specific programs, starting as low as $25,000. This broad range allows i2E to support companies from their nascent stages through significant growth phases, often co-investing with private investors to amplify capital infusion into Oklahoma businesses.
i2E boasts a significant track record of impact within the Oklahoma entrepreneurial ecosystem. Since its inception in 2001, the organization has invested over $100 million directly into more than 200 Oklahoma companies, demonstrating a sustained commitment to local innovation. Beyond direct investment, i2E plays a pivotal role in attracting further capital, having helped its portfolio companies raise an impressive $2.5 billion in follow-on funding from other sources. In 2023 alone, i2E continued its active support, deploying $10.9 million across 26 companies. This extensive engagement underscores i2E's critical function as a catalyst for economic development, providing not just capital but also expertise and connections vital for the success of Oklahoma's tech sector.
Investor Profile
i2E has backed more than 24 startups, with 0 new investments in the last 12 months alone. The firm has led 11 rounds, about 46% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Biotechnology, Software, Medical.
- Typical check size: $25K – $2M.
Stage Focus
- Seed (42%)
- Series A (29%)
- Series Unknown (17%)
- Convertible Note (8%)
- Angel (4%)
Country Focus
- United States (100%)
Industry Focus
- Biotechnology
- Software
- Medical
- Health Care
- Health Diagnostics
- E-commerce
- Information Technology
- Manufacturing
- Saas
- Service Industry
Frequently Asked Questions
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