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
Nour’s extends flavor of 39th Street’s ‘restaurant row’ to long-vacant neighborhood cafe
After a lengthy stint developing corporate dining concepts, Kansas City chef Marwan Chebaro has spent two years planning his return to public dining. Set to open in June, Chebaro’s new Nour’s restaurant will showcase his native Lebanese cuisine and culture while helping bring the community together, he said. The venture at 3855 Warwick Blvd., in…
Entrepreneur duo uses KC Current blueprint to acquire Danish football, build multi-club portfolio
A just-announced deal to purchase a premier women’s football club in Denmark reflects Angie and Chris Long’s unwavering commitment to investing in women’s soccer at the highest level, the couple said, noting they’ll continue their work to raise the bar for players, supporters, and communities both nationally and internationally. Ballard Capital, a sports entertainment-focused investment…
How tech can put humanity back in hiring: Interview app brings beta test to Kansas City
Automation in the hiring process is leaving critical details — and quality, diverse talent — out of the jobs market, said Chelsea Parker, a Kansas City human resources innovator whose new Interview app aims to reconnect recruiters and applicants on a human level. “Interview is the TikTok of LinkedIn,” said Parker, the HR trendsetter behind creating an…
Time runs out for Missouri angel investor tax credit push as legislators close session early
A last-minute effort to pass legislation to boost Missouri entrepreneurs and innovators was thwarted earlier this month when state lawmakers abruptly ended their legislative session, said Jason Wiens, who led advocacy for the creation of a new Show-Me State angel investor tax credit. Amid “escalating partisan tensions” May 14 — and headline grabbing speculation about how…