
Cortado Ventures
Description
Cortado Ventures is a prominent seed-stage venture capital firm headquartered in Oklahoma City, strategically focused on the Midcontinent region of the United States. The firm invests in overlooked foundational sectors, including B2B SaaS, energy technology, logistics, aerospace, fintech, and advanced manufacturing. Their investment thesis centers on identifying high-growth potential companies outside traditional coastal tech hubs, aiming to capitalize on the significant innovation occurring in states like Oklahoma, Texas, and Kansas. Cortado Ventures seeks to provide not only capital but also critical mentorship, strategic guidance, and network access to its portfolio companies, fostering their growth and market penetration.
The firm has demonstrated consistent growth in its capital base, successfully closing its inaugural Cortado Ventures Fund I at $20 million in 2021. Building on this momentum, Cortado Ventures announced the first close of its second fund, Cortado Ventures Fund II, in April 2023, with a target size of $60 million. This expansion in fund size underscores their commitment to scaling their investment activities and deepening their impact across the Midcontinent. Their typical initial investment ranges from $500,000 to $1.5 million, targeting seed-stage companies poised for significant disruption within their respective industries.
Cortado Ventures positions itself as a crucial catalyst for the burgeoning startup ecosystem in the Midcontinent. By focusing on sectors that are foundational to the region's economy and often overlooked by larger, more geographically constrained funds, they are helping to bridge a significant funding gap. Their approach emphasizes long-term partnerships with founders, providing the necessary resources to navigate the challenges of early-stage growth and achieve scalable success. This strategic regional focus, combined with a robust capital base and hands-on support, makes Cortado Ventures a key player in fostering technological innovation and economic development in the heartland.
Investor Profile
Cortado Ventures has backed more than 56 startups, with 3 new investments in the last 12 months alone. The firm has led 14 rounds, about 25% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Health Care, Information Technology.
- Led 1 rounds in the past year.
- Typical check size: $500K – $1.5M.
Stage Focus
- Seed (52%)
- Series A (25%)
- Pre Seed (13%)
- Series Unknown (5%)
- Convertible Note (2%)
- Series C (2%)
- Series B (2%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Health Care
- Information Technology
- Medical
- Artificial Intelligence (Ai)
- Biotechnology
- Medical Device
- Industrial Automation
- Manufacturing
- Machine Learning
Frequently Asked Questions
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