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
Fund Me, KC: KCGeoLab is bringing geographical science, open data to the mainstream
Editor’s note: Startland News is continuing its new segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs to share their stories to gain a little help from their supporters. If you or your startup is running a crowdfunding campaign, let us know by contacting news@startlandnews.com Who are you?…
KC mom turns entrepreneur to help kiddo’s kidney condition
In 2013, Tamra Johnson’s daughter faced a life-or-death situation. After contracting an E. coli bacterial infection, Johnson’s daughter, Maleena, lost function to both of her kidneys. Fortunately, a kidney transplant from Maleena’s father, Jamie, saved her life, but it created a new problem: hydration. Maleena was expected to drink over four liters of water per…
Focused on KC, the Lean Lab welcomes five new ed tech startups
The Lean Lab, a Kansas City-based education tech accelerator, is returning for its fourth year with a new approach that aims to be more community focused and sophisticated. During a Tuesday event, the Lean Lab announced the five new startups in its 2017 cohort at a breakfast at the recently renovated Corrigan Station. Katie Boody,…
Innovation coach Diana Kander: Failure is an option
Editor’s note: The opinions expressed in this commentary are the author’s alone. Yes, you could fail, and it would be embarrassing. People would talk about it. People you know. But let’s be honest, they’re only trying to reassure themselves about the risk-averse choices they’ve made. Yes, you could fail, and it could get you fired. I’m…