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
KC’s MixTape Monkey curates 11 million users through hip hop streaming service
Taking a long sigh, an underground mixtape mogul logs off from a live Q&A session with customers. Inside his two-bedroom downtown Kansas City apartment, Mark Serrano stares out a window overlooking the corner of 12th and Walnut streets. “Online I have this huge community, itʼs overwhelming,” said Serrano, referencing his staggering global user base of…
New home for Back2KC: Kansas City Startup Foundation expands talent pipeline efforts
It’s the Kansas City Startup Foundation’s turn to drive the tour bus, said Darcy Howe, announcing Monday the transfer of the Back2KC talent pipeline initiative to KCSF, the nonprofit ecosystem-building organization that also powers Startland News. The move means KCSF will take ownership of the program for its Oct. 3-4 return, adding a full-time team…
UMKC-powered tech could help visually-impaired Kansas Citians see via artificial intelligence
Gharib Gharibi is driven to succeed by a desire to pay it forward, he said, riding a high from his startup’s first-place, $20,000 win at UMKC’s Regnier Institute Venture Creation Challenge. “They helped us transform our technology from the computer lab to the real world,” Gharibi, founder of DeepLens and a UMKC PhD student, said…
iWerx Gladstone opens, expanding Northland coworking community (Photos)
Northland startups and business owners need more collaborative workplaces to call their own, Bob Martin said less than a year ago. This week, iWerx Gladstone turns that vision into reality. “More than just a place to work, iWerx Gladstone is a business development center committed to making connections and stimulating personal and professional growth,” said…