IDEA Fund Partners

IDEA Fund Partners is a venture capital firm based in Chapel Hill, North Carolina, established in 2007. The firm focuses on seed and early-stage equity investments, primarily targeting technology, software, healthcare, materials technologies, and medical device sectors. IDEA Fund Partners aims to support entrepreneurs and their ventures in emerging geographies, particularly in the southeastern United States. The firm not only provides financial backing but also offers company-building expertise to foster growth and innovation within its portfolio companies. By engaging with its limited partners, entrepreneurs, and the communities it serves, IDEA Fund Partners seeks to create a positive impact while driving economic development in the regions it operates.

Joe Darcy

Principal

Lister Delgado

Founder and Managing Partner

Zakiya Alta Lee

Senior Associate

Robert Templeton

Senior Associate

Past deals in Laundry and Dry Cleaning

Spiffy

Venture Round in 2021
Spiffy, Inc. is a mobile service provider based in Durham, North Carolina, specializing in on-demand car washing, detailing, and oil change services. Founded in 2014, the company utilizes a smartphone application and website to allow customers to schedule appointments quickly and conveniently. Spiffy’s services are eco-friendly, employing methods that recycle water and eliminate runoff. The application facilitates seamless communication and payment, enhancing the overall customer experience. By offering a range of vehicle maintenance options, Spiffy aims to support vehicle owners in managing their automobiles efficiently, whether for individual use or fleet management.

Spiffy

Series C in 2019
Spiffy, Inc. is a mobile service provider based in Durham, North Carolina, specializing in on-demand car washing, detailing, and oil change services. Founded in 2014, the company utilizes a smartphone application and website to allow customers to schedule appointments quickly and conveniently. Spiffy’s services are eco-friendly, employing methods that recycle water and eliminate runoff. The application facilitates seamless communication and payment, enhancing the overall customer experience. By offering a range of vehicle maintenance options, Spiffy aims to support vehicle owners in managing their automobiles efficiently, whether for individual use or fleet management.

Spiffy

Series B in 2018
Spiffy, Inc. is a mobile service provider based in Durham, North Carolina, specializing in on-demand car washing, detailing, and oil change services. Founded in 2014, the company utilizes a smartphone application and website to allow customers to schedule appointments quickly and conveniently. Spiffy’s services are eco-friendly, employing methods that recycle water and eliminate runoff. The application facilitates seamless communication and payment, enhancing the overall customer experience. By offering a range of vehicle maintenance options, Spiffy aims to support vehicle owners in managing their automobiles efficiently, whether for individual use or fleet management.

Spiffy

Series A in 2017
Spiffy, Inc. is a mobile service provider based in Durham, North Carolina, specializing in on-demand car washing, detailing, and oil change services. Founded in 2014, the company utilizes a smartphone application and website to allow customers to schedule appointments quickly and conveniently. Spiffy’s services are eco-friendly, employing methods that recycle water and eliminate runoff. The application facilitates seamless communication and payment, enhancing the overall customer experience. By offering a range of vehicle maintenance options, Spiffy aims to support vehicle owners in managing their automobiles efficiently, whether for individual use or fleet management.
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