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 [email protected].
SOURCE Cortado Ventures