A methacrylate-functionalized phosphorescent Ir(III)-complex has been synthesized, characterized, and applied as a monomer in radical copolymerizations. Together with methyl methacrylate, the complex has been copolymerized under free radical polymerization conditions. Aiming for host-guest-systems, applicable e.g. in organic light emitting devices (OLEDs), the complex was further copolymerized with a methacrylate-functionalized carbazole derivative using the atom transfer radical polymerization technique. Applying gel permeation chromatography, in combination with a photodiode array detector, could clearly prove the formation of the copolymers. The optical properties of the photoactive monomers as well as the copolymers were investigated by absorption and emission spectroscopy (in solution). For the carbazole-copolymer, the emission originates almost exclusively from the complex. This provides evidence of an efficient intrachain energy transfer, which makes the system an interesting candidate for potential OLED applications.