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
‘Better together’: Kansas City gaming startups level up with new entertainment venues
The eSports industry is blowing up, Brandon Williams said. And Kansas City gaming enthusiasts need places to join the party. “It’s a stereotype, but overall, gamers mostly are introverts,” said Williams, co-owner of E-Sports Bar KC in Shawnee. “It’s good to get out of the house and into a setting where there are other people…
Ex-KC Chiefs player opens coworking spa space to boost creativity, holistic wellness (Photos)
With long hours and potent job stresses, entrepreneurs often are more mindful of their business’s health than their own, said Joe Mays. The former Kansas City Chiefs linebacker teamed with his wife, Toyia, to open a coworking spa space within their holistic wellness venture, The Laya Center. Targeting individual and small-team innovators, the duo hopes…
Bacon Explosion pizza partnership with Minsky’s tops meaty six months for Megan Day
There’s more than one way to slice Burnt Finger BBQ’s signature sausage log, Megan Day said. For the Bacon Explosion Pizza, that’s julienned — with barbecue sauce and pickles. “The taste that comes through from the Bacon Explosion is the star of that pizza,” added Mike Burr, general manager for Minsky’s Pizza, which has partnered…
Former Google, Uber exec running for office in Kansas
Mapping expert Brian McClendon is plotting a route to the Kansas State Capitol. The former Google and Uber executive on Monday launched his candidacy for Kansas secretary of state, a role that would task him with administering state elections and voter registration. Currently, a research professor at the University of Kansas, McClendon co-founded the tech…