About Illuminated Funds Group
Illuminated Funds Group is a venture capital firm founded in 2006. It is primarily based out of Cave Creek, United States. As of Oct 2020, Illuminated Funds Group has invested in 9 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Series B round of Ketos Water Overall, Illuminated Funds Group portfolio has seen 1 acquisition, namely Pyx Health. A lot of funds co-invest with Illuminated Funds Group, with names like Motley Fool Ventures sharing a substantial percentage of its portfolio. Illuminated Funds Group has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B
Portfolio Acquisitions
Illuminated Funds Group's List of Top Investments
Illuminated Funds Group has a portfolio of 9 companies. Their most notable investmentis in Ketos WaterTheir portfolio spans across and United States. They have invested in Enterprise Applications, High Tech, HealthTech and 6 other sectors, across stages such as Series B stage. Here is the list of top investments by Illuminated Funds Group:
1. Pyx Health
Pyx Health offers an online platform for patient engagement via an automated communication system. The platform provides an automated communication system for patients and outpatient engagement. The platform has an inbuilt chatbox system that interacts with the patients when required. The platform has been build by the company in order to solve loneliness problems that patients might face.
Key facts about Pyx Health
- Founded Year: 2017
- Location: Tucson (United States)
- Stage: Acquired
- Total Funding till date: $18M
- Employee Count: 126 as on Aug 31, 2026
- Investors: S2G Investments, Arizona Founders Fund and 7 Others
- Latest Funding Round: Series B, Jun 06, 2025, $*****
- Highlight: Acquired

2. Ketos Water
Provider of automated systems for real-time water quality monitoring. The company offers hardware, software, connectivity, automated reporting, and predictive analytics. It serves industries including agriculture, municipalities, and industrial operations. The company's systems monitor parameters and provide alerts.
Key facts about Ketos Water
- Founded Year: 2015
- Location: Milpitas (United States)
- Stage: Series C
- Total Funding till date: $44.8M
- Employee Count: 55 as on Sep 30, 2026
- Investors: SVB, Motley Fool Ventures and 17 Others
- Latest Funding Round: Series C, May 21, 2024, $*****
- Highlight: Editors' Pick
Key facts about Climate First Bank
- Founded Year: 2014
- Location: United States
- Stage: Series A
- Total Funding till date: $68.4M
- Employee Count: 165 as on Aug 31, 2026
- Investors: AllianceBernstein, Wellington and 5 Others
- Latest Funding Round: Series A, Jun 10, 2026, $*****

4. Botco AI
Developer of AI agent platform for automating tasks and workflows. The platform offers agents trained for specific use cases, including clinical support, care access, and government service automation. It integrates with existing systems, such as CRM, CMS, and EHR/EMR platforms. The platform provides real-time dashboards to view conversation insights and performance metrics.
Key facts about Botco AI
- Founded Year: 2016
- Location: Scottsdale (United States)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.6M
- Employee Count: 25 as on Aug 31, 2026
- Investors: State48 Ventures, Alchemist Accelerator and 8 Others
- Latest Funding Round: Seed, Sep 29, 2021, $*****
- Highlight: Editors' Pick
Leading media company focused on green building and sustainable growth. The company is dedicated to raising the bar on home performance through its various media channels, consulting services, and educational programs. It offers a range of resources, including magazines, ebooks, webinars, and podcasts, covering topics such as building science, sustainable products, and code updates. The company provides smart data and insights to help industry professionals and consumers make informed decisions about sustainable housing. It promotes responsible growth through projects, articles, and initiatives focused on energy efficiency, healthy homes, and carbon offsets. The company fosters a community of green building enthusiasts through its online platforms and events, encouraging collaboration and innovation in the pursuit of a more sustainable future.
Key facts about Green Builder Media
- Founded Year: 2005
- Location: Gunnison (United States)
- Stage: Funding Raised
- Employee Count: 17 as on Sep 30, 2026
- Investors: Woodgen, Illuminated Funds Group and 1 Other
Illuminated Funds Group's Year-on-Year Investment Trends
Its most recent first time investment was in Ketos Water.Illuminated Funds Group's Investments by Stage
Illuminated Funds Group has made 1 investment in Series B stage with an average round size of $15M.Illuminated Funds Group's Investments by Sector
Illuminated Funds Group has a diverse portfolio, with companies operating in the Enterprise Applications, Environment Tech, High Tech, Internet of Things - Industry Applications and Sustainability Tech. Notably, it has invested in 6 Enterprise (B2B) companies, 5 Tech companies, 4 Software companies and at least 1 company focusing on AI-Native.Sector | No. of Investments |
|---|---|
Enterprise Applications | 1 |
Environment Tech | 1 |
High Tech | 1 |
Internet of Things - Industry Applications | 1 |
Sustainability Tech | 1 |
Note: We have considered here, only first round of investments
Illuminated Funds Group's Investments by Geography
Illuminated Funds Group has made most investments in United States (1).Illuminated Funds Group's recent investments
Illuminated Funds Group has not made any investment in 2026 so far.Here are the most recent investments by Illuminated Funds Group:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 26, 2020 | United States | Series B | 5278 | [+6] |
Acquired companies in Illuminated Funds Group's Portfolio
1 company from Illuminated Funds Group's portfolio has been acquired. The most recent acquisition was Pyx Health in Feb 2024 by Inquisit Health for $*****.Here are Illuminated Funds Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 04, 2024 | - | - | 9277 |
Team profile of Illuminated Funds Group
Illuminated Funds Group has a team of 1 member located in United States. Illuminated Funds Group's team does not sit on the board of any company as of now.Co-investors of Illuminated Funds Group
Over the past 6 years, 15 investors have co-invested in Illuminated Funds Group's portfolio companies. This includes funds and angels.
- Invested before Illuminated Funds Group: Better Ventures, Rethink Impact and 4 others have invested in rounds before Illuminated Funds Group. There is 1 company where Better Ventures has invested before Illuminated Funds Group and 1 company where Rethink Impact has invested before Illuminated Funds Group.
- Top Co-investors of Illuminated Funds Group: 4 investors entered a company along with Illuminated Funds Group. These include investors like Motley Fool Ventures (1 company).
- Invested after Illuminated Funds Group: A total of 5 investors have invested in Illuminated Funds Group's portfolio after their investments. Top Investors include Accenture (1 company), Citi Impact Fund (1 company) and Tenfore Holdings (1 company).
Recent News related to Illuminated Funds Group
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AI-based water analytics startup Ketos raises $18 millionAIBusiness•Feb 24, 2026•Ketos Water, better ventures, Illuminated Funds Group, Ajax Strategies and 5 others
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KETOS Closes $18 Million in Series B Funding to Accelerate Operational Intelligence Driven by Water InsightsKetos Water•Oct 26, 2020•Ketos Water, Illuminated Funds Group, Rethink Impact, Ajax Strategies and 5 others

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