Investor Type | Firm |
Industries | Mobile |
Investing | United States |
Investment Range | $2,930,000 - $25,000,000 |
Purple Arch Ventures is a venture capital fund that serves as a community of Northwestern investors, executives, entrepreneurs, and individuals enthusiastic about innovation. They invest in a diverse range of industries, including mobile, and are not affiliated with Northwestern University. Annually, they aim to invest in fifteen to twenty-five deals across various stages, industries, and geographies, with a specific interest in Northwestern-connected companies. Demonstrating a commitment to innovation and growth, they engage in substantial yearly fundraising, offering investment opportunities in new funds and allowing access to Syndication investment opportunities. Their investment portfolio showcases over 120 companies, with notable investments in Sondermind, Axiom Space, and Dataminr. They are distinguished as part of Alumni Ventures, recognized as America's largest venture firm for individuals and a 'Top 20 Venture Firm' (CB Insights '24). Their investment strategy encompasses a maximum investment of $25,000,000 and a minimum investment of $2,930,000, establishing them as a private, for-profit fund that enables investors to engage with high-caliber venture rounds that might otherwise be inaccessible. Purple Arch Ventures places a significant emphasis on leveraging the Northwestern alumni network to fuel its investment endeavors, providing both capital and strategic resources to foster the growth of promising ventures. Their extensive community encompasses over 34,000 members and 650+ alumni investors, testifying to the strength and reach of their network. The firm prides itself on a seamless diligence and investment process, offering a simplified route to venture investment for their expansive network of accredited individuals.