WVF is an evergreen fund that seeks investment opportunities in SaaS, Biotech, Health Tech, Advanced Materials, and other advanced and emerging technologies. The fund invests in priced series seed, A, or B rounds alongside established venture capital firms serving as lead investors.
WVF consists of both PhD and MBA students spanning over 20 areas of expertise.
The investment process is conducted by fund students and typically involves a 3-5 week diligence process before the fund students vote on whether to make an investment. Investments range between $50,000 to $100,000 per round, with additional funds reserved for follow-ons.
WVF is advised by veteran venture capitalists, entrepreneurs, and a Michigan Ross faculty director. Portfolio companies are encouraged to leverage the University's resources and the student advisors.