OKLAHOMA CITY (Aug. 15, 2022) — Cortado Ventures announces it is starting the second close for its Fund II at $40 million. The Oklahoma City-based venture capital firm has already reached half of their $80 million Fund II goal in under 5 months, and has begun the second close process on the first $40 million funds raised. This announcement will bring Cortado’s total assets under management to $70 million.
“This milestone in our firm’s growth shows we are on the path to success and it will allow us to continue to invest in technology of the future that transforms legacy sectors, built by many overlooked founders in the Midcontinent region,” said Managing Partner Nathaniel Harding.
Cortado’s Fund I, which closed in 2021 and raised $20 million, has invested in 28 companies to date, culminating in more than $500 million total enterprise value and creating more than 100 high-paying technology jobs. Cortado’s Fund II will drive continued growth in enterprise technology companies including fintech, aerospace, life sciences, AI, energy technology, and logistics.
This continued focus and investment will bring to fruition one of Cortado’s goals to back Oklahoma and the Midcontinent’s success story for generations to come.
About Cortado Ventures
Cortado Ventures is an early-stage venture capital firm that invests in ambitious, growth-driven companies, backing a new generation of economic prosperity for Oklahoma and the Midcontinent region. As one of the largest VC funds in Oklahoma, Cortado’s focus is on tech companies bringing innovative solutions to the energy, logistics, life sciences, aerospace and the future of work sectors. For more information, visit cortado.ventures.