Marin Sonoma Impact Ventures: Closes Fund I, at $6.6M

Marin Sonoma Impact Ventures Closes Fund I, at $6.6M

• Marin Sonoma Impact Ventures, a Corte Madera, CA-based venture capital firm, closed its Fund I, at $6.6M
• 62 investors supported the fundraise including prominent North Bay CEOs, seasoned professional investors, serial startup founders, and public company executives and board chairs
• MSIV Fund I plans to make early-stage venture capital investments across sectors in companies that aim to grow and create jobs across Marin + Sonoma counties
• The fund has completed four investments in local startup companies, which includes Corte Madera’s Finalis, Larkspur’s Novi, Santa Rosa’s Operant Networks, and Mill Valley’s NewRetirement
• The firm targets completing investments in 15 North Bay startup companies over the course of its three-year investment period
• MSIV has spurred the creation of a Marin + Sonoma startup community, led by MSIV VP Community Elizabeth Murphy and MSIV Startup Advisor in Residence Mike P Lewis