Members of the Oread Angel Investors network invested $570,000 in Jayhawk-affiliated startups after its inaugural pitch event. The network, an initiative of KU Innovation Park, hosted the event on Nov. 8, 2024, for members to hear from five startups connected to the University of Kansas. The network, which has approximately 70 members, has quickly gained traction after its launch in September 2024, funded by a grant from Kansas Commerce.
“The energy and enthusiasm at our first event showcased what can happen when you forge connections with Jayhawks,” said Adam Courtney, CEO of KU Innovation Park. “It was a great start in bringing together promising startups and investors passionate about supporting businesses with ties to KU. It’s exciting to see this kind of impact in such a short time, and we’re eager to build on the momentum.”
The event showcased five Jayhawk-affiliated companies, including:
- Ideem, a B2B SaaS platform making two-factor authentication easy and invisible
- Invary, a cybersecurity company protecting people, organizations and governments from hidden cyberthreats
- Phoreus Biotech, a bioscience firm offering targeted, precision delivery for the next generation of genetic technology
- Earthgrid, a company using patented plasma technology to tunnel and excavate at a fraction of the cost and time
- Icorium Engineering Company, a startup revolutionizing refrigerant reclamation through the separation of complex mixes
“The network has a unique ability to supply much-needed capital for Jayhawk-affiliated startups and high-quality investment opportunities for alumni, faculty and friends wanting to support KU,” said Chris Rehkamp, director of business services at KU Innovation Park. “Beyond capital, alumni can provide mentorship and support to up-and-coming companies.”
The Oread Angel Investors network is led by KU Innovation Park and supported by the University of Kansas, the KU Alumni Association and the Digital Health Co/Lab at the KU Medical Center. Polsinelli, a national law firm headquartered in Kansas City, sponsors the network.
“The success of the first Oread Angel Investors event showcases both the potential and incredible power of Jayhawks investing in Jayhawks,” said Heath Peterson, president of the KU Alumni Association. “Together, we’re fueling innovation and fostering an even stronger entrepreneurial culture.”
The next members-only pitch event is planned for March. More information about the network, including how to join as an investor or how to pitch the group, can be found at oreadinvestors.com.