Sofia Fund

Sofia Fund is an angel group and venture capital firm based in Minnesota that backs women-led, technology-based startups at the early stage. It focuses on information technology and managed services, business products and services, health and wellness, and clean technology, investing in areas such as software, data management, e-commerce, materials and energy efficiency. The firm typically provides small initial investments in one or two rounds and supports portfolio companies toward profitable exits within a few years. Its main office is in Minneapolis, reflecting a regional focus on founder-led ventures with diverse leadership.

Joy Lindsay

Partner

Past deals in Minnesota

Clinician Nexus

Seed Round in 2019
Clinician Nexus provides a cloud-based platform for clinical rotation management used by health systems, schools, and students to coordinate clinical experiences. The platform enables clinical sites to add capacity, assign students to rotations, and facilitates end-to-end management of rotations with a transparent, people-centered interface. It supports workforce development by helping institutions manage rotations, track participation, and access analytics to improve performance and alignment with value-based care. The solution combines technology products, workforce analytics, and workflow services to streamline rotation scheduling, reporting, and related processes.

Abilitech Medical

Venture Round in 2019
Abilitech Medical is a medical device company that develops assistive technology and orthotic devices to help individuals with neuromuscular conditions regain independence in daily activities. Its flagship AbiliTech Assist aids elbow and shoulder flexion and extension, enabling functional movement for conditions such as multiple sclerosis, muscular dystrophy, spinal cord injury, and stroke. The devices combine springs, motors, and a proprietary algorithm to support arm function and improve the ability to perform everyday tasks. Abilitech serves patients, clinicians, and clinical partners and was founded in 2016 and is headquartered in Eden Prairie, Minnesota.

Kidizen

Series A in 2017
Kidizen operates a resale marketplace in the United States, connecting parents to buy and sell pre-loved clothing, gear, toys, and accessories for children. Its platform enables users to create storefronts, earn money, and engage with other mothers through shared experiences and styles. Kidizen offers an iOS and Android application, catering to products for girls, boys, toddlers, and babies.

Kidizen

Debt Financing in 2015
Kidizen operates a resale marketplace in the United States, connecting parents to buy and sell pre-loved clothing, gear, toys, and accessories for children. Its platform enables users to create storefronts, earn money, and engage with other mothers through shared experiences and styles. Kidizen offers an iOS and Android application, catering to products for girls, boys, toddlers, and babies.

Vixar

Venture Round in 2014
Vixar Inc. is a manufacturer of short wavelength vertical cavity surface emitting laser (VCSEL) and LED-based optical components and subassemblies, primarily serving sensor and device applications. Founded in 2005 and based in Plymouth, Minnesota, Vixar provides high-performance, cost-effective VCSEL products that emit wavelengths ranging from 660 to 1850 nm. The company's offerings enhance the performance, size, and energy efficiency of optoelectronic devices across various sectors, including biomedical, industrial, military, automotive, office products, and consumer industries. Vixar was established by Dr. Klein Johnson and Dr. Mary Hibbs-Brenner, who played significant roles in developing VCSEL technology at Honeywell for high-speed fiber optic data communications. In 2018, Vixar became a subsidiary of OSRAM Licht AG.

Vixar

Series B in 2012
Vixar Inc. is a manufacturer of short wavelength vertical cavity surface emitting laser (VCSEL) and LED-based optical components and subassemblies, primarily serving sensor and device applications. Founded in 2005 and based in Plymouth, Minnesota, Vixar provides high-performance, cost-effective VCSEL products that emit wavelengths ranging from 660 to 1850 nm. The company's offerings enhance the performance, size, and energy efficiency of optoelectronic devices across various sectors, including biomedical, industrial, military, automotive, office products, and consumer industries. Vixar was established by Dr. Klein Johnson and Dr. Mary Hibbs-Brenner, who played significant roles in developing VCSEL technology at Honeywell for high-speed fiber optic data communications. In 2018, Vixar became a subsidiary of OSRAM Licht AG.

Coolibar

Series D in 2008
Coolibar is a Minneapolis-based company that specializes in designing, manufacturing, and marketing sun protection products for individuals of all ages. Founded in 2001, the company offers a diverse range of items, including sun-protective clothing, sun hats, swimwear, sunglasses, umbrellas, and sunscreens. Coolibar's commitment to sun safety is reflected in its comprehensive portfolio aimed at providing effective protection from harmful UV rays.

Tactile Medical

Series A in 2007
Tactile Systems Technology, Inc. is a medical technology company based in Minneapolis, Minnesota, focused on developing and providing innovative medical devices for chronic diseases. The company specializes in products designed to improve the management of conditions such as lymphedema and chronic venous insufficiency. Among its offerings is the Flexitouch Plus system, a pneumatic compression device for lymphedema treatment, and the Entré System, a portable device for at-home treatment of venous disorders. Additionally, Tactile Medical provides the ACTitouch system for managing chronic venous insufficiency and the Airwear Gradient Compression Wrap, marketed as Aero-Wrap, which aids in managing venous issues and lymphedema. Established in 1995, Tactile Systems aims to enhance patient care and promote effective home treatment solutions for these chronic conditions.
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