Teri Willey

Teri Willey is an accomplished executive in the field of venture capital, particularly known for her role at IU Ventures, the early-stage venture and angel investment arm of Indiana University. She returned to Indiana in 2018 to lead IU Ventures, where she has been instrumental in developing several high-impact investment funds, including the Indiana Philanthropic Venture Fund, which focuses on supporting university-affiliated startups.

Career Highlights

• Leadership at IU Ventures: Willey has significantly contributed to IU Ventures' growth, overseeing an increase in the fund's management from $11 million to $16 million. Under her guidance, over 50% of investments have been directed toward companies with women or minority leaders, earning IU Ventures the "Investor of the Year" award at TechPoint's Mira Awards in 2021.12
• Focus on Diversity: Willey has emphasized the importance of diversity in leadership within the companies IU Ventures supports, arguing that diverse teams yield better products and financial results.2 Her efforts have positioned IU Ventures as a leader in promoting inclusivity within the venture capital landscape.1
• Transitioning Roles: In September 2022, Willey announced her decision to step down as managing director but planned to continue working with IU Ventures in a reduced capacity while pursuing personal interests related to healthcare innovations.15

Educational and Professional Background

Willey is recognized as a national authority on licensing and commercialization of scientific discoveries. Her career spans various roles in both the U.S. and the U.K., transitioning from the chemical industry to venture capital and angel investing. She has also served on boards and committees that focus on fostering entrepreneurship and innovation within academic settings.346

Impact on Indiana's Economy

Through her leadership, Willey has helped elevate Indiana University's reputation as a significant player in the venture capital ecosystem, providing critical early-stage funding that supports local economic growth and innovation.12 Her work is seen as vital for nurturing startups that contribute to key sectors such as life sciences and pharmaceuticals.1

In summary, Teri Willey's contributions to IU Ventures and her commitment to supporting diverse entrepreneurial talent have made her a notable figure in the venture capital community.