Florida Funders is the most active investor in the state, according to venture capital data firm CB Insights. It’s quite an achievement for the young funding network.
Both active in the state’s startup ecosystem, Tom Wallace and Marc Blumenthal from the Tampa Bay area partnered up about three years ago to raise Florida Funders’ first venture capital fund for early-stage startups. Now that the $18 million fund has been almost fully invested, Florida Funders is now raising its second fund.
