South Bend, Indiana, United States In 1863 was created 1st Source Bank, which is appeared as Corporate Investor. The main department of described Corporate Investor is located in the South Bend. The company was established in North America in United States.
The fund is generally included in less than 2 deals every year. The top activity for fund was in 2018. Deals in the range of 1 - 5 millions dollars are the general things for fund. This 1st Source Bank works on 4 percentage points more the average amount of lead investments comparing to the other organizations.
The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the 1st Source Bank, startups are often financed by Elevate Ventures. The meaningful sponsors for the fund in investment in the same round are Elevate Ventures, Purdue Foundry, Jim Larkin. In the next rounds fund is usually obtained by IrishAngels.
Among the most popular portfolio startups of the fund, we may highlight Nanovis, Vennli. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. We can highlight the next thriving fund investment areas, such as Content Marketing, Medical Device. Besides, a startup needs to be aged 4-5 years to get the investment from the fund.
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Notable deals
| Company | Industry | Round Size | Date | Investors | Location |
SIMBA Chain | $1M | 13 Jan 2020 | Indiana, United States | ||
Vennli | $1M | 05 Mar 2014 | South Bend, Indiana, United States |
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| Company | Industry | Round Size | Date | Investors | Location |
SIMBA Chain | $1M | 13 Jan 2020 | Indiana, United States | ||
Vennli | $1M | 05 Mar 2014 | South Bend, Indiana, United States |
