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
The not-so-secret Sauce behind KC hip hop entrepreneur’s success: Authenticity
Royce “Sauce” Handy wears his influences and inspiration like pins on the outside of his well-worn jean jacket. The KCK-born hip hop entrepreneur embraces his identity: A collector of Goosebumps books. A student of history. A fan of 1990s family sitcoms. And he’s unapologetically black. His lips twist into a smile and his eyes brighten…
Startup Hustle podcast duo pledging $50K in Full Scale tech resources at Pure Pitch Rally
Early stage businesses need more than cash — they need the tools to grow, said the hosts of the KC-based Startup Hustle podcast. “Good ideas in startups move faster when they’re supported by successful business people in the community,” said podcast co-host Matt DeCoursey, announcing the plan late Wednesday to award $50,000 in tech resources,…
ProjectUK introducing specialty accelerator’s latest cohort Oct. 10 at Travois
Project United Knowledge is the only Kansas City accelerator that truly fosters collaboration between entrepreneurs and those in the industry establishment, said Quest Moffat. “It’s the biggest and most dramatic reason that we’re different from other accelerators in the Midwest region,” said Moffat, ProjectUK founder. “Co-building is where the corporation and the people that run…
New Wichita and San Antonio locations tickle Chicken N Pickle itch for expansion
North Kansas City’s Chicken N Pickle is picking up speed faster than a pickleball soaring across one of the business’ popular courts, said Laurie Morrissey. Hatched within eyesight of the downtown Kansas City skyline, the entertainment venue is making a game-changing serve with its fast-casual approach to community recreation and the evolution of America’s fastest…