Founded in 1997, the Wolverine Venture Fund is the world’s first student-run Venture Capital Fund, with a mission of enriching student education and achieving returns on invested capital. Since inception it has invested in more than 27 companies and increased its assets from $2M to $7M through M&A and IPO exits.
In 1988, a Growth fund was established by the Regents of the University of Michigan for donors interested in contributing to high-risk, high-return investments to benefit the Business School. Launched in 1997 with an eight-member advisory board and six students, the Wolverine Venture Fund took the high-risk, high-return mission of the Growth Fund several steps further.
More than a dozen companies in industries ranging from biomedicine and Health IT to advanced materials and Internet technology compose the WVF portfolio.
We invest in companies that have achieved enough progress in their space to attract a priced round of venture capital from an established venture capital firm that will serve as the lead investor.
12 veteran venture capitalists serve as either Advisors or Friends of the Fund. These individuals, plus the two faculty directors, guide the Fund’s educational and investment processes.