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
Claure, Bloch, Helzberg to discuss the entrepreneurial ‘grind’
About 90 percent of startups fail. And those that don’t must toil to walk the path of success. That grind to prosperity will be the subject of discussion during a speaking series that will feature titans of Kansas City entrepreneurship. Kansas City’s Startup Grind — a program funded by Google for Entrepreneurs — aims to…
Pop Bookings nearing seed round goal
Kansas City-based Pop Bookings has snagged $150,000 of its seed round that will boost development and marketing of its online event-staffing platform. The company ultimately hopes to push its round to $250,000 before closing, Pop Bookings CEO Erika Klotz said. A recent graduate of business accelerator SparkLabKC, Pop Bookings opened its round in April at $250,000, with…
Guest Columnists Wanted!
Startland News is seeking well-informed people and thought leaders who want to contribute their knowledge and experiences to the community. If you are interested in innovation, technology, business strategies and/or the startup community, and have something to say, we want to hear from you! As a Guest Columnist, you’ll hunt your own ideas or learn…
ECJC president to become Kansas commerce secretary
George Hansen, president and CEO of the Enterprise Center of Johnson County (ECJC), is moving on to serve the Sunflower State in a broader capacity. Hansen, who was appointed to lead the ECJC in June of 2013, will serve as Kansas Gov. Sam Brownback’s Secretary of Commerce. The ECJC is a non-profit venture development organization…