Ankona Capital: Closes First Fund, at $66M

Ankona Capital Closes First Fund, at $66M

  • Ankona Capital, a Newport Beach, CA-based growth-stage venture firm, closed its first fund, at over $66m
  • Led by Jared Smith, Newth Morris, Josh Harmsen, and Brian Mesic, the company invests in emerging growth stage B2B software companies
  • While national in focus, the firm has deep roots in southern California
  • The firm invests $5 to $15m into early growth-stage B2B software companies which typically have $5-$15m in recurring revenues
  • In addition, the company has an Operating Partner program to help identify and diligence target companies and mentor entrepreneurs and CEOs
  • The firm’s current portfolio companies include VideoAmp, a cross-screen video audience measurement company (Los Angeles, CA);
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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