Minneapolis angel investment firm expanding to KC, names McCoolidge managing partner
July 9, 2019 | Startland News Staff
A former leader of the Mid-America Angels fund could be the secret to establishing Minneapolis-based Sofia Fund as a new investment resource for women-led companies within Kansas City, said Cathy Connett.
“The Midwest continues to be a hub of startup activity,’ said Connett, Sofia Fund CEO. “Extending our footprint to Kansas City gives us access to an active investment community that attracts entrepreneurs from throughout the world, particularly female founders.”
Laura McCoolidge joined Sofia Fund as its Kansas City-based managing partner June 1, Connett said, after having served in a similar role for Mid-America Angels for more than a year, ending in March. McCoolidge is one of five managing partners for Sofia Fund.
Sofia Fund “invests in and grows exceptional women-led companies to maximize returns for investors by bringing its portfolio companies successfully to profitable exits,” according to the firm. Its investment team has invested more than $10 million in 50 companies.
Click here to learn more about the kinds of companies sought for Sofia Fund’s portfolio.
McCoolidge is a newly appointed Kauffman Fellow, as well as the former executive director of Nebraska Angels, a member of the Angel Capital Association (ACA), a mentor for Pipeline, and serves as a board director for NE Enterprises LLC, an organization created to evaluate early stage and international investment opportunities for the University of Nebraska Medical Center.
Featured Business
2019 Startups to Watch
stats here
Related Posts on Startland News
Food, IoT, blockchain and AgTech startups join 2018 Sprint Accelerator class
With its fifth cohort of early-stage firms, the Sprint Accelerator scoured the globe for a brood of ag, food and tech startups that aim to leverage area corporate partnerships. The Crossroads Arts District-based accelerator announced on Monday nine new startups that will participate in its 90-day, mentor-driven program. The accelerator pairs startups with wireless carrier…
Rockhurst’s Meet the Makers: Look beyond the cubicle walls
Don’t ignore magical timing within the entrepreneur community, said marketing manager-turned-children’s book author Audrey Masoner. “Kansas City is a place where anything can happen, and you really want to keep your eyes open for connections,” Masoner told a crowd gathered Wednesday for Rockhurst University’s Meet the Makers speaker series. “It’s small enough to be very…
Chef Celina Tio embraces her celebrity brand, welcomes disruptive discomfort
Sitting down to discuss her career a few hours before a Thursday evening rush at The Belfry, celebrity chef and entrepreneur Celina Tio is all business. She’s heard (and answered) every biographical question before. Yet Tio’s eyes gleam and a smile quickly spreads across her face when the conversation turns to her customers at the…
Garmin CEO reveals startup origins, tech hiring challenges, culture of innovation
It began like any other startup, said Clifton Pemble, Garmin’s sixth employee and now CEO of the $11 billion GPS tech firm. “I joined Garmin and it was literally just days later that we were gathered in a little place over at 95th and Pflumm — two rooms in a small strip mall kind of…