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Florida Innovation Capital
Florida Innovation Capital is an investment firm that manages venture capital investment funds. It provides pre-seed and seed-stage capital to technological...
Florida Innovation Capital
Florida Innovation Capital is an investment firm that manages venture capital investment funds. It provides pre-seed and seed-stage capital to technological companies. Founded in 2022 in Jacksonville, Florida, the firm has made 2 investments, including Alteon in April 2023.
General information
Firm type
Private Equity
Year founded
2022
Location
Region
North America
Country
United States
City
Jacksonville
Corporate office
Jacksonville, FL, United States
Principals
Michael Munz
General Partner
Nicholas Danton
General Partner
Tim Stokes
General Partner
Gwen Griggs
General Partner
Jeff Lyons
General Partner
Whitney Harper
General Partner
Frequently asked questions
Who runs investment decisions at Florida Innovation Capital?
Investment decisions are led by a team of six General Partners: Michael Munz, Nicholas Danton, Tim Stokes, Gwen Griggs, Jeff Lyons, and Whitney Harper. The firm's website lists these individuals as bringing decades of international experience in investment and business leadership. A Technical Advisory Board of PhDs and researchers also participates in the deal-review process, evaluating feasibility and intellectual integrity.
What investment stages does Florida Innovation Capital target?
The firm states it invests across sectors and growth stages, from early-stage startups through expansion and late-stage growth. Its strategy focuses on market-ready innovations supported by solid evidence. No specific stage allocation or fund size has been disclosed.
Does Florida Innovation Capital have verifiable portfolio companies?
No. The firm's portfolio page lists Game Works, Facebook, Twitter, YouTube, Pinterest, and Webflow, but these appear to be placeholder content from a website template rather than genuine investments. No verifiable portfolio companies have been publicly disclosed as of this profile's research date.
How does Florida Innovation Capital source deals?
FIC has not publicly detailed its sourcing model. The firm emphasizes its Florida roots and global reach, with a network of professionals and advisors. Its Technical Advisory Board of PhDs, researchers, and innovators may provide science-oriented deal flow, but specific sourcing channels remain undisclosed.
Is Florida Innovation Capital structured as a traditional venture capital firm?
FIC is a private equity fund that blends a traditional General Partner structure with a formal Technical Advisory Board. This group of PhDs and subject-matter experts evaluates the technical merit of every opportunity, which is unusual for early-stage venture firms. The firm has not published its fund structure, vehicle types, or limited partner composition.
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