Midwest VC, area startup vet join Firebrand Ventures following $17.7M fund raise
April 25, 2018 | Bobby Burch
On the heels of smashing its fundraising goal, Firebrand Ventures has added a pair of new team members.
The Kansas City-based seed fund is welcoming Cincinnati venture capitalist Wendy Lea as an advisor and Kansas City startup vet Maranda Manning as fund associate, said managing director John Fein.
Lea brings a wealth of investment and business experience as well as a global network to Firebrand’s already impressive advisory board. She is now CEO of Cintrifuse, a public-private partnership organization that helps build the Cincinnati tech scene. Lea is also a board member of Techstars and several startups. In 2012 and 2013, Lea was recognized as a Women of Influence in Silicon Valley and San Francisco.
Lea joins a powerhouse advisory board at Firebrand. Techstars CEO David Cohen, Kansas City venture capitalist Keith Harrington, Brian McClendon, former Uber vice president of maps, and Next Coast Ventures co-founder Tom Ball each help Firebrand via its advisory board.
Manning previously worked with Fein while he served as managing director of the Techstars-led Sprint Accelerator where she led day-to-day operations of the program. Most recently Manning served as director of marketing for Kansas City-based tech startup SquareOffs.
”I’m very excited to be working with Maranda again and to welcome Wendy to our stellar advisory team,” Fein wrote in a company blog. “I look forward to the great things I know both will bring to the fund’s mission of investing in exceptional founders!”
Firebrand recently raised $17.7 million for tech ventures in the Midwest, exceeding its initial goal by about 250 percent.
The Firebrand Ventures fund will invest its $17.7 million in about 10 to 12 Midwest startups per year with an average check size of $200,000, Fein said. The fund’s portfolio currently includes 12 companies, including Super Dispatch, FitBark and Sickweather, which call the Kansas City metro home.
2018 Startups to Watch
stats here
Related Posts on Startland News
UMKC and Rockhurst HS team up to add entrepreneurial thinking to curriculum
Although education innovation continues to grow in Kansas City, there is a visible gap between the “school world” and the “real world,” said Greg Owsley. “The school world and real world shouldn’t be separate entities — they should be connected,” said Owsley, STEAM director at Rockhurst High School. “It’s a very exciting time to be…
Made in KC opening two new stores in heart of city
T-shirts are great, Tyler Enders said, but local makers have so much more to offer. Retailer Made in KC is rapidly expanding its footprint across the metro to help Kansas City-based vendors reach an even broader customer base, said Enders, Made in KC co-founder. The company — which carries in its stores everything from locally…
Video: Made in KC expands footprint, mission to cultivate creativity
Made in KC — which carries in its stores everything from locally made barbecue sauce and candles to coasters, prints and T-shirts — is opening new locations at 11th Street and Baltimore Avenue downtown, and at 509 E. 18th St. in the Crossroads. The downtown space is set to debut Dec. 1 with a few features…
RiskGenius CEO named Entrepreneur of the Year at insurance symposium
Innovation in the insurance industry is lagging behind other sectors, but it’s quickly catching up, Chris Cheatham said. “Billions of dollars are now being invested in insurtechs, or new insurance technology solutions,” said Cheatham, CEO and co-founder of RiskGenius. “I think will see a lot more machine learning used to plow through all of the…