Investment committee
Also called: IC
ELI5
The group that makes the investment decision.
Used in conversation
“The deal team is preparing for investment committee.”
Definition
A body responsible for approving or rejecting investments under a fund's governance.
Here “Investment committee” means: A body responsible for approving or rejecting investments under a fund's governance.
Pitch context
You will see “Investment committee” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches fundraising process & investor pipeline.
Why it matters: In fundraising process & investor pipeline, a loose definition can change rights, obligations, approval, disclosure or enforceability.
Caution
Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.
Connected terms
- Individual contributorThe search label “IC” can route to both entries.
Sources & evidence · 6
Direct term-level sources and supporting source families.
- Y Combinator — The Handshake Deal ProtocolDirect source · practitioner · checked 2026-08-16
- National Venture Capital Association — Model Legal DocumentsDirect source · institutional · checked 2026-08-16
- U.S. Securities and Exchange Commission — Small Business Capital Formation GlossaryDirect source · primary · checked 2026-08-16
- U.S. Securities and Exchange Commission — Exempt OfferingsSupporting source family · primary · checked 2026-08-16
- Y Combinator — Safe financing documentsSupporting source family · practitioner · checked 2026-08-16
- Y Combinator — Series A Term Sheet TemplateSupporting source family · practitioner · checked 2026-08-16