Iowa Economic Development Authority
1963 Bell Avenue, Suite 200, Des Moines, IA, 50315, United States
Overview
The Iowa Economic Development Authority (IEDA) offers a variety of programs and services to individuals, communities and businesses to attract and grow business, employment and workforce in Iowa. Ground-breaking economic growth strategies focusing on cultivating start-up companies and helping existing companies become more innovative complement the activities underway to retain and attract companies that are creating jobs for Iowans. Developing sustainable, adaptable communities ready for this growth is also an essential part of our work at IEDA — providing programs and resources that help communities reinvest, recover and revitalize to make each community’s vision a reality.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 0
Sector focus
- Government
Investment portfolio
- Proaction
Participated · Equity · Jul 2026
Proaction builds an AI-native fleet management platform and services stack designed to replace fragmented, expensive legacy fleet management offerings. Its platform helps fleets manage critical operational workflows such as maintenance, rentals, registrations, and claims, and the company reports servicing publicly traded and Fortune 500 customers. Proaction emphasizes AI agents and a services platform to give operators higher visibility and lower costs compared with traditional vendors. Following the announced $4.2 million financing, the company plans to accelerate product development, expand AI-enabled operations, and hire across engineering, operations, sales, and customer success. The company is based in Des Moines, Iowa, and is actively hiring to scale its team and operations.
Team
No current team members are available.