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
Pipeline receives up to $2M from Kauffman Foundation grant
Pipeline Entrepreneurs announced Tuesday that the fellowship program is deepening its relationship with the Ewing Marion Kauffman Foundation and receiving a challenge grant of more than $2 million over the next four years. The grant amount is dependent upon private fundraising with the foundation matching dollar-for-dollar, a release said. Launched in 2006, Pipeline offers an…
KC entrepreneurial educator: ‘Zip code shouldn’t determine success’
Entrepreneurship education should begin as early as kindergarten, said Rachel Foster. “The younger my students are, the more creative they are, and the less the world has had time to tell them that it’s ‘not possible’ or ‘you can’t do that,’” said Foster, entrepreneurship teacher at Lee A. Tolbert Community Academy. “If we are able…
Events Preview: Smart City Tech summit, Intentional Collisions
There are a plethora of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter, or curious community member — we recommend these upcoming events for you. Are you hosting a relevant community event? Add it to the KCSourceLink Calendar for increased exposure. Email info@kcsourcelink.com for assistance. Smart City…
Techstars KC demo day: How to build inclusive teams that give first
When Lesa Mitchell first learned she’d be managing director of the inaugural Techstars KC program, she thought to herself, “Wow, I’m going to have the most inclusive program in the world,” she said Thursday at the program’s demo day event. As it turns out, diversity and inclusion can be difficult to apply — even with…