01Ventura County Innovation Fund
Capital that stays in the county.
We invest in companies that create jobs in Ventura County, and we report on every one of them. Startup Ventura, the nonprofit accelerator, is our deal-flow partner.
02Thesis
Jobs are the return
A fund can measure itself by the people its companies employ. In Ventura County that number is the point, and the fund publishes it every quarter.
Working manuscript
Stay and compound
A company that keeps its headquarters and its hiring in the county compounds value for the place that backed it. Leaving resets that to zero.
Working manuscript
Capital that stays
Local capital that reinvests in local companies does not need an exit to pay off. It needs the companies to keep building here.
Working manuscript
03How it works
1
Startup Ventura trains founders.
2
The fund invests in the ones building here.
3
Those companies hire in the county.
4
The upside funds the next cohort.
04For cities
A quarterly report for your city
Jobs and companies inside your limits, every quarter.
Council-ready materials
Briefing documents your council and treasurer can read as they are.
A founder pipeline
Companies come through Startup Ventura, the accelerator serving the county.
05What we'll report
Jobs in county
Jobs in Ventura County at portfolio companies, broken out by city.
Companies and capital
Companies backed and capital deployed.
Follow-on capital
Follow-on capital raised by portfolio companies.
Share in county
Share of portfolio headcount based in the county.
First report: the fund's first full quarter of investing.
Financial performance never appears on this site. It goes to investors through the fund admin platform.
06Team
Luke Erickson
Managing Partner
Investment committee
The investment committee is being formed. Members are announced when the fund opens.