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
ScaleUP! KC wants ambitious startups to top $1M
Looking to surpass $1 million in revenue? The immersive, mentor-led business program ScaleUP! Kansas City has opened up applications for its sixth cohort. “ScaleUP! Kansas City continues to fill a key and vital gap in our entrepreneurial ecosystem,” said Jill Meyer, program director of ScaleUP! KC. “Building a business is hard and lonely work and…
Godfather of content marketing joins the DivvyHQ team
Kansas City-based tech firm DivvyHQ just snagged an industry pioneer in content marketing for its board of directors. The Chief strategist for the Content Marketing Institute, Robert Rose recently joined the DivvyHQ team to lend his years of content marketing expertise. A nationwide speaker and author, Rose has developed content customer experience strategies for such…
Missouri named Hyperloop semifinalist, offering 760 mph alternative to I-70
Missouri is in the running to land a futuristic transportation system that would move people between Kansas City and St. Louis in only 23 minutes. On Wednesday, transportation tech firm Hyperloop One announced 11 semifinalist routes in the U.S. that could receive its system that propels vehicles at speeds of about 760 miles per hour.…
After $8.5M raise, KC-based Pepper eyes IoT dominance
From app-controlled toilets to smart egg trays, the world of IoT is rapidly expanding. In fact, by 2020, it’s expected that more than 24 billion internet-connected devices will be online. And now one well-heeled Kansas City-based IoT startup wants to serve as the hub for those gadgets. After it recently raised a $8.5 million Series…