OKLAHOMA CITY, June 30, 2020 /PRNewswire/ -- Cortado
Ventures is pleased to announce the initial close of their fund was
completed in four weeks, with significant progress made toward the
fund's overall target raise. Reaching this milestone in less than a
month since launching is critical in fulfilling their mission to
support high growth disruptive startups.
The Cortado Ventures fund is managed by partners Nathaniel Harding, David
Woods, and Mike
Moradi. The fund invests in early stage companies in a
variety of Oklahoma sectors by
aggregating and managing investor capital, and helps startups grow
through seed funding, collaboration, and mentorship. The
Cortado partners have launched the unique venture capital fund to
build next generation companies which will bring future-ready
technology jobs to the state.
Cortado Ventures is a new venture capital fund launched four
weeks ago—founded by serial entrepreneurs, investors, and
CEOs—backing entrepreneurs who are driving innovation. "We are
committed heart and soul to our endeavor, and couldn't be more
pleased to reach our initial close in a remarkably short period,"
said Managing Partner Nathaniel Harding.
The Cortado partners addressed the challenges posed by
COVID-19. Managing Partner Nathaniel Harding said of their
reason for launching Cortado now: "Recessions are fertile ground
for disruption, and we believe that transformative entrepreneurs
will lead the way in rebuilding how we live, work, and
play. Cortado will help fund this future, and grow
future-ready tech jobs for a diverse Oklahoma economy."
The announcement of Cortado's initial close follows the fund's
formation, targeting $10
million. Said Harding, "We have been overwhelmed that
since our launch day we have closed on $5
million in investor commitments, confirming our view that
investors recognize this generational opportunity."
Cortado Ventures is an early stage venture capital firm
investing in ambitious, growth-driven companies to define a new
generation of economic prosperity for Oklahoma.
If you would like more information about this topic, please call
Nathaniel Harding at (405) 698-1748,
or email nharding@cortado.ventures.
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SOURCE Cortado Ventures