IRVC

What IRVC does

IRVC (Iranian Venture Capital Association / انجمن سرمایه‌گذاری خطرپذیر ایران) is a non-profit employers' trade association founded in 1391 (2012-2013) that represents Iran's venture capital and innovation financing ecosystem. Headquartered in Tehran within the Noor and Shokufeh Innovation Fund building, it operates as a membership-based body with 150+ member organizations across seven specialized categories: research and technology funds (61+), corporate venture capital funds (22+), listed VC funds (6+), venture capital companies (48+), financing and crowdfunding companies (22+), credit agencies (10+), and innovation accelerators (29+). The association structures its work through five specialized commissions covering research/tech funds, corporate VC, VC firms, financial services, and innovation acceleration.

The association's core product is not a technology platform but a portfolio of institutional services: regulatory advocacy and government liaison, standardized industry practices, annual ecosystem reporting (the 1403 report identified 524 active entities), a quarterly journal launched in 1405, specialized training workshops (legal investment management, scenario planning, credit evaluation, and a 126-hour Expert Valuation course), co-investment facilitation, the INTIFA national award launched in 1404, and a group supplementary health insurance program with Bimeh Alborz covering 1,500+ member employees. Distribution is primarily through the irvc.ir website (bilingual Persian/English), direct secretariat engagement, and the Evand event platform; physical events are hosted at the Noor and Shokufeh Innovation Fund venue.

The business model is membership-fee-driven subscription revenue, supplemented by event and workshop participation fees. While the association does not publicly disclose its own financials, its member ecosystem collectively holds over 31.9 trillion rials in registered capital, has deployed 7.2 trillion rials in investments, issued 62.2 trillion rials in guarantees, and extended 332.3 trillion rials in facilities, with the guarantee default rate at just 0.46%. As a non-profit, IRVC does not have venture capital backing, PE ownership, or public shareholders; it is governed by an elected board led by Chairman Seyed Mohammad Hossein Sajadian Niri and Secretary-General Abbas-Ali Kargaran.

Name

IRVC

Legal name

Iranian Venture Capital Association (انجمن سرمایه‌گذاری خطرپذیر ایران)

Website

https://irvc.ir

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

IRVC is a non-profit trade association representing Iran's venture capital and innovation financing ecosystem, serving 150+ member organizations across research funds, VC firms, corporate VC, listed VC funds, financing companies, credit agencies, and accelerators through advocacy, training, publications, and standardized industry practices.

Ownership category

akta.pro rank

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Membership fees and association services: IRVC operates as a membership-based industry association. Revenue is generated through membership fees paid by its 150+ member organizations, which include research funds, VC firms, corporate VC funds, financing companies, credit agencies, and innovation accelerators. The association also organizes workshops, publishes annual reports and a quarterly journal, and facilitates group insurance programs for members.
2. Event and workshop fees: IRVC charges participation fees for specialized workshops and training programs such as legal investment management, scenario-based planning, and credit evaluation workshops.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

IRVC is the national trade association representing Iran's venture capital and innovation financing ecosystem. It serves 150+ member organizations — including research and technology funds, corporate VC funds, listed VC funds, VC companies, financing companies, credit agencies, and innovation accelerators — through advocacy, publications, specialized workshops, networking events, and member benefit programs such as group health insurance.

Product overview

IRVC (Iranian Venture Capital Association / انجمن سرمایه‌گذاری خطرپذیر ایران) is a professional trade association representing Iran's venture capital and innovation financing ecosystem. It is not a technology product company but rather a membership-based industry organization. The association operates through five specialized commissions (Research & Technology Funds, Corporate VC, VC Firms, Financial Services, and Innovation Accelerators), offers member services such as supplemental health insurance, publishes a quarterly journal and annual ecosystem reports, and organizes educational workshops and events. The association's portfolio consists primarily of institutional membership services, publications, and professional development programs rather than commercial technology products.

Differentiator

Problem solved

Functional benefit

Products and services

• Association Membership Program Institutional membership tier for venture capital and innovation financing organizations in Iran, providing access to advocacy representation, networking events, training programs, and member benefit programs including group health insurance.
• IRVC Quarterly Journal Official quarterly periodical publication of the Iranian Venture Capital Association that examines investment challenges, ecosystem risks, co-investment models, and innovative financing instruments for VC practitioners.
• Annual Innovation Financing Ecosystem Report Comprehensive annual data-driven report documenting investment volumes, guarantee issuance, facilities extended, and crowdfunding activity across Iran's innovation financing ecosystem.
• Specialized Training Workshops Fee-based training programs and workshops on legal management of investments, scenario-based planning, credit evaluation, bank facilities, and other operational topics for VC fund managers and professionals.
• Group Supplementary Health Insurance Program Pooled supplementary health insurance plan offered to employees of IRVC member companies and their families, with competitive premium rates derived from the pooled participant base and installment-based annual billing.
• INTIFA National Innovation Financing Award Iran National Innovation Technology Financing Award (INTIFA) — an annual national recognition program identifying top-performing entities in Iran's innovation financing ecosystem to promote standardization and policy advocacy.

Quantifiable outcome

• Guarantee default rate of only 0.46%, demonstrating maturity of guarantee instruments and risk management practices across the ecosystem.
• +3 more outcomes

Named customers10 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered flagship, minor and core.

• Noor and Shokufeh Innovation Fund (صندوق نوآوری و شکوفایی)flagshipStrategic or Co-development PartnerIRVC's headquarters is co-located within the Noor and Shokufeh Innovation Fund building in Tehran. The association maintains a close operational relationship with this government-affiliated innovation fund, and its chairman serves on the fund's working group.
• Bonyad Novah Afarin Pajvak (بنیاد نوآفرین پاجوک)minorGTM or Marketing PartnerBonyad Novah Afarin is listed as a collaborator on the INTIFA award program launched by IRVC in 1404.
• Secretariat of the Specialized Working Group for Research and Technology Funds of the Noor and Shokufeh Innovation Fund (دبیرخانه کارگروه تخصصی صندوق‌های پژوهش و فناوری صندوق نوآوری و شکوفایی)coreStrategic or Co-development PartnerCo-organizer of the specialized credit evaluation workshop, representing the government's innovation financing arm and regulatory oversight function for research and technology funds.
• Arzyabaran Taamin Value-Creator Credit Scoring Company (شرکت اعتبارسنجی ارزش‌آفرین اعتماد)coreStrategic or Co-development PartnerCo-organizer of the specialized credit evaluation workshop, providing credit scoring expertise for knowledge-based companies and contributing to the association's professional development programs.
• Bimeh Alborz (بیمه البرز)coreStrategic or Co-development PartnerSelected as the insurance provider for the group supplementary health insurance program offered to member companies' employees and their families, covering over 1,500 individuals. The program has been running for four years with competitive rates due to pooled participants.
• Research and Technology Fund Karimeh (صندوق پژوهش و فناوری کریمه)coreStrategic or Co-development PartnerCo-organizer of the group health insurance program for member companies. The Karimeh Fund also supports IRVC's secretariat operations and administrative coordination.
• Bonyad Tosee Farda (بنیاد توسعه فردا)minorStrategic or Co-development PartnerCollaborated with IRVC on the scenario-based planning workshop for investment managers, providing futures studies expertise and scenario planning methodology.
• Sharif Technology Park (پارک علم و فناوری شریف)minorStrategic or Co-development PartnerIRVC supported the Nawatech startup event hosted at the Sharif Technology Park building, supporting AI-based startup development in collaboration with Fanava group and Kooleh group.
• Sherif University (دانشگاه صنعتی شریف)minorStrategic or Co-development PartnerSupported the Nawatech startup event held at the Sharif Technology Park, supporting AI-based startup ideas and providing a platform for technology entrepreneurship.
• Shahid Beheshti University Financial Group (گروه مالی شریف)minorStrategic or Co-development PartnerCollaborated with IRVC on the 8th edition of the Expert Valuation Specialist training program, a 126-hour course designed to train specialists for financial institutions and investment companies.
• Government and regulatory bodies (نهادهای دولتی و تنظیم‌گر)coreOthersIRVC works with government bodies including the Ministry of Science, Research and Technology, the Ministry of Industry, Mine and Trade, the Securities and Exchange Organization, and the Central Bank on regulatory frameworks, licensing, and policy advocacy for the venture capital ecosystem.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Regional players

• African Venture Capital Association (AVCA): Pan-African industry body promoting VC/PE investment in Africa. Comparable as an emerging-market VC association publishing annual benchmarking reports and providing member training and advocacy.
• Australian Investment Council: Australian private capital industry association representing PE/VC firms. Comparable in structure as a country-level industry body providing advocacy and member services, though operating in a developed market context.

Direct peers

• LAVCA (Latin American Venture Capital & Private Equity Association): Regional trade association supporting the VC/PE industry across Latin America. Comparable as a regional VC association with member advocacy, industry data publications, and training programs in an emerging market.
• EMPEA (Emerging Markets Private Equity Association): Global industry association for private capital in emerging markets. Directly comparable given IRVC's emerging-market context and focus on innovation-financing data, advocacy, and member services for VC investors.
• National Venture Capital Association (NVCA): The US national trade association for the venture capital industry, representing VC firms and providing advocacy, policy, and member services. Directly comparable as a country-level VC industry body with similar advocacy, data publication, and member-service functions.
• Indian Venture and Alternate Capital Association (IVCA): India's VC and alternate capital industry body. Comparable as an emerging-market national VC association providing policy advocacy, member training, and ecosystem data.
• British Private Equity & Venture Capital Association (BVCA): UK industry body for private equity and venture capital, representing members before regulators and providing training, events, and data. Comparable as a national VC/PE association with policy advocacy and member-services model.
• Canadian Venture Capital Association (CVCA): Canadian industry association for VC and PE with research, advocacy, and member-services functions. Comparable as a country-level VC industry body producing ecosystem data and representing investors.

Broad incumbents

• Invest Europe: European private equity and venture capital association representing pan-European and country-level VC/PE activity. Comparable as a regional industry body with advocacy, benchmarking reports, and training programs.
• ASIFMA (Asia Securities Industry and Financial Markets Association): Broad regional industry association covering securities and capital markets across Asia. Comparable as a wider financial-markets advocacy body, but with a broader mandate beyond venture capital specifically.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/irvc-association

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IRVC