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Sofia Fund

Founders Cathy Connett Dee Thibodeau Joy Lindsay Lisa Crump

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 21
Average round size
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The average size of a deal this fund participated in
$3M
Portfolio companies 16
Rounds per year 1.24
Lead investments 0
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.19
Exits 3
Key employees 5
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Health Care
  • Biotechnology
  • Medical
  • Software
  • Health Diagnostics
Summary

Sofia Fund appeared to be the VC, which was created in 2006. The venture was found in North America in United States. The main department of described VC is located in the Minneapolis.

Among the various public portfolio startups of the fund, we may underline Cognition Therapeutics, Kidizen, Kenzen For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the most successful fund investment fields, there are Therapeutics, Health Diagnostics. Besides, a startup needs to be aged 6-10 years to get the investment from the fund. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 4 or 5+ of the founder, the chance for it to get the investment is meager.

This organization was formed by Cathy Connett, Dee Thibodeau, Joy Lindsay, Lisa Crump. We also calculated 5 valuable employees in our database.

The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Sofia Fund, startups are often financed by Gaingels, Dolby Family Ventures, Xfund. The meaningful sponsors for the fund in investment in the same round are Golden Seeds, Xfund, Workday Ventures. In the next rounds fund is usually obtained by National Institute on Aging, Golden Seeds, Radius Ventures.

This Sofia Fund works on 9 percentage points less the average amount of lead investments comparing to the other organizations. The usual things for fund are deals in the range of 1 - 5 millions dollars. The fund is constantly included in less than 2 deals per year. The increased amount of exits for fund were in 2018. The high activity for fund was in 2016. Despite it in 2019 the fund had an activity.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Sofia Fund:
Typical Co-investors
Sofia Fund is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Sofia Fund:

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Clinician Nexus

E-Learning
EdTech
Education
Health Care
Software
$1M19 Dec 2019 Minneapolis, Minnesota, United States

Career Planning
Software
Women's
$13M26 Feb 2019 New York, New York, United States

Joylux

Consumer Electronics
Health Care
Therapeutics
$5M22 Dec 2017 Seattle, Washington, United States

Kidizen

Collaborative Consumption
Communities
E-Commerce
Marketplace
Mobile
Parenting
$3M09 Mar 2017 Minneapolis, Minnesota, United States

Oculogica

Health Care
Health Diagnostics
Medical
Neuroscience
$1M17 Mar 2016 New York, New York, United States

Vixar

Biotechnology
Electrical Distribution
Electronics
Manufacturing
$2M30 Apr 2012 Minnesota, United States

Rebiotix

Biotechnology
Health Care
Health Diagnostics
$2M15 Dec 2011 Minnesota, United States

New Moon

Digital Media
Internet
Publishing
Women's
19 May 2008 Duluth, Minnesota, United States

Tactile Medical

Health Care
Medical
Medical Device
$11M30 Oct 2007 Minneapolis, Minnesota, United States

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Total investments 21
Average round size 3M
Rounds per year 1.24
Peak activity year 2016
Lead investments 0
Follow on index 0.19
Exits 3
Group Appearance index 0.57

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Clinician Nexus

E-Learning
EdTech
Education
Health Care
Software
$1M19 Dec 2019 Minneapolis, Minnesota, United States

Career Planning
Software
Women's
$13M26 Feb 2019 New York, New York, United States

Joylux

Consumer Electronics
Health Care
Therapeutics
$5M22 Dec 2017 Seattle, Washington, United States

Kidizen

Collaborative Consumption
Communities
E-Commerce
Marketplace
Mobile
Parenting
$3M09 Mar 2017 Minneapolis, Minnesota, United States

Oculogica

Health Care
Health Diagnostics
Medical
Neuroscience
$1M17 Mar 2016 New York, New York, United States

Vixar

Biotechnology
Electrical Distribution
Electronics
Manufacturing
$2M30 Apr 2012 Minnesota, United States

Rebiotix

Biotechnology
Health Care
Health Diagnostics
$2M15 Dec 2011 Minnesota, United States

New Moon

Digital Media
Internet
Publishing
Women's
19 May 2008 Duluth, Minnesota, United States

Tactile Medical

Health Care
Medical
Medical Device
$11M30 Oct 2007 Minneapolis, Minnesota, United States
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