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
KC is creating jobs like never before; here’s what’s behind the surge (hint: it’s small biz hiring)
Editor’s note: KCSourceLink and MOSourceLink are non-financial, community partners of Startland News. The latest ‘We Create Jobs’ report highlights the continued economic impact of KC’s small businesses and tech startups Kansas City startups created more than 19,700 jobs in 2022, yet again creating more jobs than in any of the previous five years. Additionally, as…
Food fit: Kansas City health startup attains Endeavor Heartland greenlight at first KC selection panel
Moving forward in the process to become an Endeavor Entrepreneur builds on 18 months of momentum for the newly branded Attane Health, said founder Emily Brown. Her Kansas City-based, food- and nutrition-focused startup moved one step closer to the Endeavor designation — a move that ultimately would elevate Attane Health on a global scale —…
Waldo Thai owner serves first chef collaboration for Kemper Museum’s Artist Dinner Series
The first in a series of three dinner events at the Kemper Museum of Contemporary Art is set to feature James Beard semifinalist Pam Liberda, head chef and owner of Waldo Thai — creating a one-of-a-kind dining experiences blending together the creative worlds of food and art. “Kemper Museum has always cultivated connections between contemporary artists…
No ribbon cutting when a business closes, Plowboys founder says: Know how to start (and stop) on your own terms
A year and a half after Todd Johns closed his restaurants to focus instead on Plowboys-branded retail products, Johns would rather leave a legacy that’s felt within the Kansas City barbecue community than be known as a legend, he shared. “I’d rather know that I helped someone here,” the president of Plowboys Foods told attendees…