Cortado Ventures was highlighted in a recent Forbes article on how micro funds are impacting venture capital. Micro funds are defined as sub-$50 million, or sub-$100 million vehicles to invest in startups. They have at best held serve with the industry overall by volume. Micro funds tend to have a very specific idea of what they want to invest in and specialist micro VC provide expertise and funding for startups in areas that aren’t traditional hotbeds of investor interest.

“Another key tactic for micro-funds that can make them more visible: they’re specializing to stand out. Take AllerFund, currently raising a $20 million fund to focus on early-stage companies tackling food allergies, or Preface Ventures, a $23 million fund that targets enterprise infrastructure companies started by former engineers. Others focus based on geography, such as TampaBay.Ventures, a $20 million vehicle for founders in Tampa Bay, Florida, or Cortado Ventures, a $20 million vehicle focused on Oklahoma. And a growing number of funds are focusing on traditionally under-represented founder groups, such as Sixty8 Capital, which invests in Black entrepreneurs, or XFactor Ventures, a group focused on backing women CEOs. “