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
Kansas City Startup Foundation and CEED merge, receive $1M donation
Increasing its ongoing support of entrepreneurs, Affinity Worldwide has donated $1 million to the Kansas City Startup Foundation (KCSF), a nonprofit championing and connecting the local startup ecosystem. As part of the donation, Kansas City-based Affinity is also donating ownership of the Center for Entrepreneurial Ecosystem Development (CEED) — the parent organization of Startland News…
Innovation Stockyard feeds effort to protect food chain
When feeding the world, being proactive on animal health technology is vital, Ronan Molloy said. “The reality is, its importance will only hit home when we have a significant event, like a swine flu,” Molloy, president of Innovation Stockyard, said. “Then all of the sudden people will say ‘Oh, why is my fillet now $40…
Students bump shoulders with architects at STEAM Studio
Most children won’t have experience working in a professional environment until they land their first job or internship, Mandi Sonnenberg said. “Some kids may have popped into their mom or dad’s work and have gone to a professional space at least a couple times in their life,” Sonnenberg said. “But for kids in the urban…
Smart City Living Lab opens, targets growing pains of a swelling city
The much-anticipated “Kansas City Living Lab” — a platform for application development that taps the Kansas City Smart City initiative — is now welcoming new tech partners. Using smart city infrastructure, the Living Lab allows innovators to test and commercialize technologies that can solve problems in Kansas City. The project is led by Think Big…