Flywheel Fund
Flywheel Fund is a micro VC firm.
- Company typePrivate
- Founded2020
- HeadquartersBloomington, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Flywheel Fund does
Flywheel Fund is a member-managed capital fund based in Bloomington, Indiana. From life sciences and medical devices with an emphasis on software and technology, we invest in early stage and high-potential startups.
Flywheel Fund firmographics
Firmographics- Name
- Flywheel Fund
- Legal name
- Flywheel Fund
- Website
- https://www.flywheelfund.vc
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Flywheel Fund is a micro VC firm.
- Ownership category
- akta.pro rank
Flywheel Fund industry classification
Industry- Product category
- Early-Stage Venture Capital
- NAICS
- Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Micro-PE / Lower Middle Market ETA Funds (FSANALAG)
Keywords
Where Flywheel Fund is headquartered
LocationHeadquarters
- HQ city
- Bloomington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Flywheel Fund business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Venture Capital Returns: Flywheel Fund generates returns through equity investments in early-stage Indiana tech startups. Returns are realized through portfolio company exits via acquisitions, IPOs, or secondary transactions. The fund operates as a pooled investment vehicle where accredited investors contribute capital that is professionally managed to invest in the fund's portfolio companies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Accredited Investor Fund Participation |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Flywheel Fund product offering
Product offeringCore offering
Flywheel Fund is an Indiana-focused early-stage venture capital fund that invests $100K–$1.5M in pre-seed and seed-stage technology startups with an Indiana nexus. The fund pools capital from SEC-accredited investors (minimum $10,000/year over three years) and provides founders with capital, mentorship, and ecosystem connections through the Indianapolis venture community.
Product overview
Flywheel Fund is an Indiana-focused, early-stage venture capital fund that provides fast, founder-friendly capital for pre-seed and seed-stage tech startups based in Indiana. The fund offers two primary service offerings: (1) Investment services for founders, providing typically $100K to $1.5M funding along with mentorship access, and (2) Investor services for accredited investors, offering diversification, professional management, and access to deal flow with a minimum investment of $10,000/year over three years. Flywheel Fund does not offer distinct product modules, sub-brands, or named product offerings—its offering is the fund itself as a single unified service.
Differentiator
Problem solved
Functional benefit
Products and services
- Flywheel Fund Pre-Seed / Seed Investment
- Flywheel Fund LP Subscription
Companies that use Flywheel Fund
Customer profileSegments2 records
Ideal customer profiles2 records
Flywheel Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Flywheel Fund partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- IU InnovatescoreFlywheel Fund provides mentorship to winners of the IU JagStart competition through the Indianapolis venture capital community connection. The partnership supports the regional startup ecosystem by offering training programs (eight weeks) and mentorship to student entrepreneurs.
Scale indicators3 records
Recent moves4 records
Expansion highlights4 records
Flywheel Fund competitors and assessment
Company assessmentDirect peers
- Elevate Ventures: Indiana-focused early- and growth-stage venture fund; Eric Steele previously worked there before founding Flywheel. Operates in the same Indiana geography with overlapping portfolio companies.
- High Alpha: Indianapolis-based venture studio and fund focused on B2B SaaS. Comparable as an Indiana-rooted early-stage investor targeting tech founders, though it operates a studio model rather than direct investing.
- gener8tor: Midwest-based accelerator and micro-VC fund running programs in Indianapolis and other regional cities. Comparable as a Midwest early-stage investor with similar check sizes and accelerator-style programming.
- VisionTech Partners: Indiana-based early-stage investor. Directly comparable geographic focus and pre-seed/seed check sizes for tech and tech-enabled startups in the state.
Regional players
- IU Innovates: Indiana University's startup accelerator and innovation hub; Flywheel has a strategic partnership with IU Innovates and provides mentorship to JagStart winners. Comparable as an Indiana-rooted startup support ecosystem.
- The Mill: Bloomington-based coworking and startup incubator. Scott Reynolds worked with The Mill to launch Flywheel; comparable as part of the same Bloomington startup community and a potential deal-flow source.
- BioCrossroads: Indiana-based initiative investing in and supporting life sciences and tech ventures. Comparable as an Indiana-focused capital and ecosystem player, though focused on life sciences rather than general tech.
- Purdue Foundry: Purdue University's startup accelerator and fund. Comparable as an Indiana university-affiliated early-stage investor that competes for the same Indiana founder pool.
Emerging players
- Antler: Global early-stage VC and accelerator where Senior Analyst Martina Fausto previously worked. Comparable as a pre-seed/seed investor with global coverage and founder-support programs.
- SOSV: Global VC and accelerator running vertical-specific programs including a Mobile-Only Accelerator where Martina Fausto worked. Comparable as a pre-seed investor in tech startups with accelerator-driven deal flow.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Flywheel Fund social profiles
Digital presenceFlywheel Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Flywheel Fund leadership team
Management profileNumber of profiles
Profiles3 records
Flywheel Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Flywheel Fund M&A and investment
M&A and investmentM&A
Investments27 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Flywheel Fund
What does Flywheel Fund do?
Flywheel Fund is an Indiana-focused early-stage venture capital fund that invests $100K–$1.5M in pre-seed and seed-stage technology startups with an Indiana nexus. The fund pools capital from SEC-accredited investors (minimum $10,000/year over three years) and provides founders with capital, mentorship, and ecosystem connections through the Indianapolis venture community.
Is Flywheel Fund a public or private company?
Flywheel Fund is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Flywheel Fund founded?
Flywheel Fund was founded in 2020. It employs 1 to 10 people.
Where is Flywheel Fund based?
Flywheel Fund is headquartered in Bloomington, United States, in the North America region.
How does Flywheel Fund make money?
One revenue line is on record: venture Capital Returns.
Who are Flywheel Fund's main competitors?
Direct peers on record are Elevate Ventures, High Alpha, gener8tor and VisionTech Partners. Regional players are IU Innovates, The Mill, BioCrossroads and Purdue Foundry. Emerging players are Antler and SOSV.
Does Flywheel Fund have an API?
No public API is recorded for Flywheel Fund.
What industry is Flywheel Fund in?
Flywheel Fund's product category is Early-Stage Venture Capital. Its primary akta.pro industry code is FSANALAG, Micro-PE / Lower Middle Market ETA Funds. Its NAICS code is 5259 and its SIC code is 6282.