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
Zenernet defying the status quo, taking on industry giants with OP-fueled solar startup
Overland Park-based Zenernet is soaking in renewed interest in solar, powering its push to become an industry player on the national stage, said JP Gerken. “The growth potential [for solar] is endless,” said Gerken, founder of solar power service provider Zenernet. “I think we’ve barely scratched the surface on what the potential is with residential…
Wesley Hamilton, Crossfit partner on gym space flexing adaptive athletes alongside able-bodied peers
A first-of-its-kind, all-inclusive gym is emerging to reshape what fitness feels like for adaptive athletes, said Wesley Hamilton. “This vision of what we’re about to create here at Crossfit Memorial Hill is magnificent,” said Hamilton, founder and executive director of Kansas City-based nonprofit the Disabled But Not Really Foundation (DBNR), which partnered with the local…
With final flourishes under way, Plexpod River Market opening expected within weeks
Plexpod River Market might be weeks away from opening, but the coworking community’s new location on the KC Streetcar line already is sparking interest among startups, said Gerald Smith. “Magic happens when these entrepreneurs have a platform where they can connect — that’s where sparks fly,” said Smith, co-founder of Plexpod. “The more we can…
How ‘compassion fatigue’ led a TV journalist to bring Healium VR therapy to market
Distress calls poured over the newsroom scanner near Sarah Hill’s desk, day in and day out for 20 years. Each one seemingly growing darker than the last, she recalled. “I was a television journalist. … You have to cover a lot of trauma and a lot of really bad stuff,” said Hill, founder of Healium…