Sofia Fund

Location:
MinneapolisMN 
Founded:
2006
Size of fund:
$5.5M
Stage:
Seed, Early
 Photo Credit: Courtesy Sofia Fund

Sofia Fund has invested about $10 million in 50 female-led companies and diverse founding teams since its inception in 1998--about half of which have exited. Sofia is now investing out of its second fund, which raised $5.5 million, and seeks out companies in IT, business products and services, and health and wellness. It receives 100 to 150 requests for funding each year. While Sofia is structured as a venture fund (not an angel network), its own investors are individuals rather than institutions. The fund's companies include Oculogica, which makes a technology for diagnosing traumatic brain injuries, and Cognition Therapeutics, which is pursuing treatment for Alzheimer's. Sofia was also an early investor in Tactile Medical, which went public in 2016.

MORE COMPANY INFORMATION

Website:
sofiafund.com