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Key people at Illumen Capital.
Illumen Capital was founded in 2016 by Daryn Dodson (Managing Partner and Founder).
Illumen Capital operates as an institutional investment firm, establishing a fund of funds that strategically deploys capital into venture, growth, and private equity funds. The firm’s core capability involves integrating investment capital with its proprietary web-based platform, IllumenIQ®, which provides educational programs, strategies, and tools designed to mitigate bias and foster inclusive hiring, investment, and company support practices within its portfolio managers.
The company was founded in 2016 by Daryn Dodson. His insight stemmed from pioneering research, including studies published in the Proceedings of the National Academy of Sciences in partnership with Stanford SPARQ, which demonstrated how implicit bias can influence investor decision-making and result in overlooking high-quality investment opportunities. This foundational understanding underscored the potential for financial gain by addressing systemic biases in capital allocation.
Illumen Capital partners with institutional investors seeking access to top-tier impact fund managers. The firm's vision centers on cultivating a more inclusive and optimal asset management industry. By actively working to reduce bias in investment processes, Illumen Capital aims to unlock stronger financial performance while directing capital to founders and entrepreneurs who have historically been underestimated, thereby advancing a more equitable financial ecosystem.
Key people at Illumen Capital.
Illumen Capital was founded in 2016 by Daryn Dodson (Managing Partner and Founder).
Illumen Capital has 1 tracked investment across 1 company. The latest tracked deal is $23.0M Series B in WorkWhile in June 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2025 | WorkWhile | $23.0M Series B | Rethink Impact | Arkitekt Ventures, Cake Ventures, Khosla Ventures, OWL Capital, Reach Capital, TechAviv Founder Partners, Vamos Ventures, Fidji Simo, Sagi PAZ, Siqi Chen, Citi, GingerBread Capital, Vinod Khosla |