Idea Fund Venture Management, LLC
Emerging managerSEC exempt reporting adviser (venture capital exemption).
- Website
- https://www.ideafundvc.com/
- HQ
- WI
Idea Fund Venture Management, LLC partners with seed- and early-stage startups across the Upper Midwest. Its team includes Jonathon Horne, Managing Director; Libby Weber, President; Garrett Lauderdale, Vice President; Srilata Manikandan, Analyst; and Travis Erath, Talent Partner. Portfolio companies include The Jenny Project, OfferingTree, Quiver Quantitative, and Agrograph.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Pre-seed, Seed | Not enough dated deals | Seed |
| Sectors | Not stated | Not enough dated deals | AI applications, Enterprise SaaS |
| Regions | WI | Not enough dated deals | WI |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2018 | 2 | AI applications, Agtech, Construction and proptech |
| 2019 | 3 | AI applications, Enterprise SaaS, Construction and proptech |
| 2020 | 1 | AI applications, Enterprise SaaS |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Idea Fund of La Crosse II, L.P. Idea Fund partners with seed and early-stage startups across the Upper Midwest, investing before a first sale or product and spreading capital across technologies, industries and locations. Sectors include information technology, health IT, data analytics, supply chain, agriculture, manufacturing and financial services. Inferred from the firm's website | 2022 | $31.53M (Form D) | Late investment period |
03 · People across funds
- Jonathon Horne, Managing Director of the General Partners
Idea Fund of La Crosse II, L.P. (Named on Form D)
- Libby Weber, Manager of the General Partners
Idea Fund of La Crosse II, L.P. (Named on Form D)
- Garrett Lauderdale, Vice President
- Srilata Manikandan, Analyst
- Travis Erath, Talent Partner
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026