Sofia Fund

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.