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Illumen Capital

Illumen Capital is a fund-of-funds based in the United States that focuses on impact investing by addressing systemic inequity in the asset management industry. They aim to reduce racial and gender bias in investing through research-backed strategies and collaboration with fund managers.

Recorded stages
Friends Family, Angel, Accelerator, Pre Seed, Seed, Seed Plus, Series A, Series A Plus, Series B, Series B Plus, Series C, Series C Plus, Series D, Series E, Series F, Growth Equity, Pre Ipo
Recorded regions
United States

Online destinations

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Overview

Illumen Capital is an institutional investor founded to partner with institutional investors and support the next generation of venture and private equity managers. The organization is based in the United States and focuses on creating an inclusive asset management industry to foster an equitable future. They emphasize research-backed investment strategies and have published studies indicating that biases in investment decision-making can lead to missed opportunities. Illumen Capital invests in venture, growth, and private equity funds, aiming to reduce bias in investment allocation to enhance financial performance. They collaborate with fund managers to implement IllumenIQ®, a proprietary platform that provides educational training programs and tools to promote inclusive hiring, investment, and support processes.

Focus

Illumen Capital invests in venture, growth, and private equity funds with a thesis-driven strategy aimed at enhancing financial performance by reducing bias in investment allocation. Their focus includes themes such as education, financial inclusion, climate and sustainability, health and wellness, and inclusive systems. They collaborate with fund managers to implement IllumenIQ®, a proprietary platform that promotes inclusive hiring and investment processes.

Support

Illumen Capital provides value to its portfolio companies through educational training programs and tools designed to promote inclusive hiring and investment processes. Their proprietary platform, IllumenIQ®, equips fund managers with resources to enhance their operational effectiveness and impact.

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