Sofia Fund

Profile

Sofia Fund is an angel group based in Minnesota, founded in 1998. The firm is led by Cathy Connett, Lisa Crump, Joy Lindsay, and Dee Thibodeau, who bring extensive experience as operators and investors. Sofia Fund is distinguished by its focus on investing in women-led growth companies, leveraging technology to solve real-world problems. The team is committed to fostering economic value through gender-diverse teams and scalable business models.

The firm primarily invests in sectors such as information technology, enterprise solutions, and health and wellness, with a focus on B2B markets within the United States. Typical investment sizes range from $100,000 to $500,000, targeting rounds of $500,000 to $2 million. Sofia Fund seeks companies with proprietary positions in large, growing markets, aiming for exits within 3 to 5 years. The firm has invested over $10 million in more than 50 companies.

Notable investments include Dispatch Goods - sustainable packaging solutions, Strategikon Pharma - clinical trial management software, StormSensor - environmental monitoring systems, Tilt - business productivity software, and Abilitech Medical - therapeutic devices. These investments reflect Sofia Fund's commitment to supporting innovative, technology-driven companies.