About Flywheel Fund
Flywheel Fund is a venture capital firm founded in 2020. It is primarily based out of Bloomington, United States. As of May 2025, Flywheel Fund has invested in 15 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Energy Tech and Environment Tech. Most recently it participated in the $***** Seed round of Prediction Guard Overall, Flywheel Fund portfolio has seen 2 acquisitions, namely Qualifi. A lot of funds co-invest with Flywheel Fund, with names like Elevate Ventures sharing a substantial percentage of its portfolio. Flywheel Fund has team of 7 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Flywheel Fund's List of Top Investments
Flywheel Fund has a portfolio of 15 companies. Their most notable investments are in Laxis and Stagetime.Their portfolio spans across and United States. They have invested in Enterprise Applications, Energy Tech, Environment Tech and 10 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Flywheel Fund:
1. Aerovy
Software provider for managing electric aviation goals and infrastructure. It provides solutions such as energy infrastructure planning, energy operation management, energy cost optimization, location-optimized analysis, and more.
Key facts about Aerovy
- Founded Year: 2022
- Location: West Lafayette (United States)
- Stage: Series A
- Total Funding till date: $7.17M
- Employee Count: 12 as on Aug 31, 2026
- Investors: M25, Flywheel Fund and 2 Others
- Latest Funding Round: Series A, Aug 28, 2026, $*****
Developer of in-vitro diagnostic test for the detection of debilitating diseases across oncology and chronic kidney disease. The company offers PanCystPro uses a proprietary platform to detect biomarker levels and activity in minute volumes of pancreatic cyst fluid for patients at higher risk for pancreatic cancer diagnosed with pancreatic cystic lesions.
Key facts about Amplified Sciences
- Founded Year: 2016
- Location: West Lafayette (United States)
- Stage: Seed
- Total Funding till date: $8.62M
- Employee Count: 14 as on Aug 31, 2026
- Investors: IU Ventures, OCA Ventures and 16 Others
- Latest Funding Round: Seed, Jun 04, 2026, $*****
- Highlight: Editors' Pick
3. Laxis
AI-powered sales productivity and meeting intelligence platform. It helps businesses automate prospect research, sales outreach, meeting documentation, and CRM updates. It streamlines the entire sales lifecycle from finding prospects to managing customer conversations and follow-ups. It uses artificial intelligence for extracting information and insights and transcribing meetings.
Key facts about Laxis
- Founded Year: 2020
- Location: Evansville (United States)
- Stage: Seed
- Total Funding till date: $1.5M
- Employee Count: 14 as on Aug 31, 2026
- Investors: Allos Ventures, Elevate Ventures and 6 Others
- Latest Funding Round: Seed, Oct 19, 2023, $*****
4. Civic Champs
Online platform for volunteer management. It allows volunteers to track their hours, activities and automate the reminders. It enables users to track the time spent on transferring and recreating data. It allows users to manage micro-donations, a dashboard to view insights and updates. It is available on the Google Play Store and Apple App Store.
Key facts about Civic Champs
- Founded Year: 2018
- Location: Bloomington (United States)
- Stage: Seed
- Total Funding till date: $1.51M
- Employee Count: 8 as on Aug 31, 2026
- Investors: IU Ventures, Richard King Mellon Foundation and 9 Others
- Latest Funding Round: Seed, Jun 15, 2022, $*****
- Highlight: Editors' Pick
5. Yourco
Cloud-based platform for employee communication. It offers two-way communication platform which enables communication between managers and non-desk employees. It allows managers to send mass notifications to all employees and managers can schedule messages to be sent to employees at a specific date and time. It is the tool availble on the subscription-based pricing model.
Key facts about Yourco
- Founded Year: 2020
- Location: Indianapolis (United States)
- Stage: Series A
- Total Funding till date: $8M
- Employee Count: 29 as on Aug 31, 2026
- Investors: Allos Ventures, Elevate Ventures and 4 Others
- Latest Funding Round: Series A, Mar 10, 2026, $*****
Flywheel Fund's Year-on-Year Investment Trends
Flywheel Fund has invested in 15 companies over the last 6 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Prediction Guard and most recent follow-on round was in FloVision Solutions.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 5 | 0 | 5 |
2022 | 3 | 0 | 3 |
2021 | 4 | 2 | 6 |
2020 | 1 | 0 | 1 |
Flywheel Fund's Investments by Stage
Flywheel Fund has made 14 investments in Seed stage with an average round size of $1.3M and 1 investment in Series A stage with an average round size of $4.93M.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 1 |
Note: We have considered here, only first round of investments
Flywheel Fund's Investments by Sector
Flywheel Fund has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Vertical SaaS, Environment Tech and Sustainability Tech. Notably, it has invested in 14 Enterprise (B2B) companies, 14 Tech companies, 12 Software companies and at least 7 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
Consumer | 3 |
Vertical SaaS | 3 |
Environment Tech | 2 |
Sustainability Tech | 2 |
Others | 11 |
Note: We have considered here, only first round of investments
Flywheel Fund's Investments by Geography
Flywheel Fund has made most investments in United States (15).Flywheel Fund's recent investments
Flywheel Fund has not made any investment in 2026 so far.Here are the most recent investments by Flywheel Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 13, 2025 | United States | Seed | 2630 | [+10] | |
Feb 29, 2024 | United States | Seed | 3181 | - | |
Oct 24, 2023 | United States | Seed | 8019 | [+3] | |
Oct 19, 2023 | United States | Seed | 3130 | [+4] | |
Oct 12, 2023 | United States | Seed | 6586 | [+1] |
Acquired companies in Flywheel Fund's Portfolio
2 companies from Flywheel Fund's portfolio have been acquired. The most recent acquisition was Qualifi in Oct 2025 by Humanly for $*****.Here are Flywheel Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 14, 2025 | May 13, 2021 | Seed | 7406 | |
Jun 29, 2023 | Sep 01, 2021 | Seed | 3863 |
Team profile of Flywheel Fund
Flywheel Fund has a team of 7 members. Flywheel Fund's team does not sit on the board of any company as of now.Co-investors of Flywheel Fund
Over the past 6 years, 77 investors have co-invested in Flywheel Fund's portfolio companies. This includes funds and angels.
- Invested before Flywheel Fund: Elevate Ventures, IU Ventures and 14 others have invested in rounds before Flywheel Fund. There are 6 companies where Elevate Ventures has invested before Flywheel Fund and 4 companies where IU Ventures has invested before Flywheel Fund.
- Top Co-investors of Flywheel Fund: 40 investors entered a company along with Flywheel Fund. These include investors like Elevate Ventures (5 companies).
- Invested after Flywheel Fund: A total of 21 investors have invested in Flywheel Fund's portfolio after their investments. Top Investors include National Science Foundation (1 company), Gastro (1 company) and High Alpha (1 company).
Recent News related to Flywheel Fund
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Yourco Raises $2M in Seed FundingFinSMEs•Oct 24, 2023•Yourco, Ground Game Ventures, Allos Ventures, Start Something Ventures and 2 others
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Laxis Raises $1.5M in Seed FundingFinSMEs•Oct 23, 2023•Laxis, Elevate Ventures, Flywheel Fund, Allos Ventures and 3 others
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Aerospace startup closes pre-seed funding with $800KInside INdiana Business•Oct 12, 2023•Aerovy, Flywheel Fund, M25, Purdueinnovates
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SecondSight Raises $3M in Seed FinancingFinSMEs•Oct 13, 2022•Secondsight AI, Indiana'Ventures, Cooks Venture, Flywheel Fund and 2 others
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Qualifi Raises $2.5 Million to Eliminate Recruiting’s Biggest Bottleneck: Phone ScreensRad AI•Feb 17, 2022•Qualifi, Rally Ventures, Techstars, Sixty8 Capital and 7 others
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FloWaste Raises a $1.1M Pre-Seed Round To Reduce Food Waste With Machine LearningThe Spoon•Nov 08, 2021•FloVision Solutions, Rockstart, FloWaste, Underdog Labs and 1 other
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Sports Coaching App Gains More InvestorsInside INdiana Business•Oct 19, 2021•ProBook, Flywheel Fund, Skypoint Ventures
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Basketball Stats Software Gains New InvestmentInside INdiana Business•Sep 02, 2021•Blueprint Stats, Flywheel Fund
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Sports Team Management App Receives New InvestmentInside INdiana Business•Aug 02, 2021•ProBook, Flywheel Fund
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Qualifi Raises $600K in Pre-Seed FundingFinSMEs•May 13, 2021•Qualifi, Sixty8 Capital, Elevate Ventures, Queen City Angels and 1 other
