iFly.vc

What is iFly.vc?

iFly.vc is a venture capital firm nurturing the growth of technology-enabled companies. They place initial focus on commerce while embracing opportunities across various industries, especially those that may seem unglamorous yet are rife with unresolved challenges.

Dedicated to backing outperformers poised to redefine consumer spending, particularly for underserved demographics such as ethnic minorities, immigrants, and residents in remote communities, they strive to effect a change in America's financial landscape. iFly.vc aims for a transformative role, building a concentrated portfolio through a thesis-driven approach and eschewing a spray-and-pray mentality.

Financial commitments per investment range from $200,000 to $1,000,000, concentrating on Seed to Series A stages. The fund encourages founders with international experiences and a global vision while remaining locally focused, mirroring iFly.vc's own foundation as a VC in sync with startup culture.

Their commitment is a shared journey, fostering trust, teamwork, and a builder's mindset among entrepreneurs. Champion companies like Weee!, Ume Tea, and ShopVidi among others, exemplify iFly.vc's belief in sectors that promise revolutionary shifts, eschewing the mainstream for significant yet overlooked opportunities. Their team comprises seasoned operatives and advisors who comprise an extensive network with varied industry expertise to guide and magnify their portfolio's success.

This support system enables them to lead oversubscribed rounds, building upon the founders' strengths and iFly's insights to propel growth.

What they say:

We invest in outperformers that accelerate the trillion-dollar shift in consumer spending in America. Founded in late 2016, Fund I Group has backed entrepreneurs who strive to serve the underserved demographics (e.g., ethnic minorities, immigrants, residents in remote communities, etc.).