VC  Iowa First Capital Fund




     Office Locations:

101 1st Avenue S.E.
P.O. Box 607
Cedar Rapids, IA 52401
Phone: 319-364-4411
Fax: 319-364-4422

 

Stages:

  • Early
  • Seed


 

Industries:

  • Consumer Products & Services
  • Information Technology
  • Medical Device

  •  

    Description:

    Iowa First Capital Fund is a venture capital fund located in Cedar Rapids and managed by Corridor Management Co. The group's first fund, composed of 18 investors, was established to focus on investing in business within Iowa. This fund currently has investments in seven companies ranging from biomedical to computer security, to decorative wildlife and birding products. The group's most recent fund, Iowa First Capital Fund II is composed of 28 investors, and was established to focus on investing in businesses within Iowa. The fund currently has investments in four companies ranging from biomedical to prepaid cell phone distribution to computer programming resources. Iowa First prefers investments from $100,000 to $500,000, and will often serve as lead investor.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Dennis C. Wangeman

     

    Portfolio companies include:


      Cognitive Media
        web link


      Dynamic Broadband
        web link


      VIDA Diagnostics
        web link


     

    Recent News: