- Minneapolis-based angel fund Sofia Fund announced that it is expanding to the Kansas City market
- Sofia Fund managing partner Laura McCoolidge is going to oversee the investments in the Kansas City area
Sofia Fund — a Minneapolis-based angel fund that invests in early stage, women-led, high-growth, and technology-based companies — announced that it is expanding to the Kansas City market. Sofia Fund managing partner Laura McCoolidge will be overseeing the fund’s local investments in the Kansas City area.
Prior to joining Sofia Fund, McCoolidge was the managing director of the Mid-America Angels investment network. And she was the executive director of Nebraska Angels where she oversaw the doubling of its investing members.
“Extending our footprint to Kansas City gives us access to an active investment community that attracts entrepreneurs from throughout the world, particularly female founders,” said Sofia Fund CEO and managing partner Cathy Connett in a statement.
The Sofia Fund managing partner team includes McCoolidge (who joined on June 1st) along with Connett, Lisa Crump, Joy Lindsay, and Dee Thibodeau.
Sofia Fund originally started out as the Women to Women network in 1998. And Sofia generally targets investments at a range of $500,000 to $2.5 million. Currently, Sofia Fund manages $5.5 million.
Featured image credit: Laura McCoolidge
