i2E Inc.'s nearly 20 years of supporting Oklahoma's entrepreneursPublished: Tuesday, October 24, 2017 By: Scott Meacham Source: NewsOK
It's been almost 20 years since i2E first began providing business expertise and funding to Oklahoma's emerging small businesses.
In that time, we've supported more than 675 companies. Portfolio companies have attracted $590 million in private investment from banks, venture capital funds, angels and other strategic investors. Our two most recent exits, WeGoLook at $35 million and Selexys Pharmaceuticals, acquired by Novartis for up to $665 million, earned places in the record books.
We have learned what it takes, and entrepreneurs in this region have learned that we have the know-how and focus to help them succeed. That's why i2E sees virtually every high-growth entrepreneurial deal in the state. With more than $50 million of investment capital under management, we serve companies in all phases of the business cycle.
I want to pause on those words “under management.” In investor-speak, “under management” typically refers to the sum of capital committed across a firm's active funds. That's true for i2E as well. But there's more to it than that.