IU Philanthropic Venture Fund has recently announced its first successful exit from the fund's investment portfolio with the acquisition of Doxly.
Doxly is an Indianapolis-based company led by founding CEO and IU alumna Haley Altman and Executive Chairman Christopher Clapp. It is a software as a service product that helps users collect and centralize legal documents in one place.
The IU Philanthropic Venture Fund invests in IU-connected companies and startups, and earned equity returns to the fund.
IU Ventures is a nonprofit organization dedicated to empowering Indiana University faculty, alumni and friends to support and invest in IU-affiliated innovation. The IU Philanthropic Venture Fund is one of its three major programs that aim to provide opportunities for IU-affiliated individuals and support growing enterprises.
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Sydney TAFE has teamed with a new clothing and retail social enterprise, The Social Outfit charity, to launch a dynamic collaboration that would enable students to gain real fashion industry skills and take on their own creativity and rich cultural heritage to produce garments for The Social Outfit’s store and adjoining workshop in Newtown.