1809 Capital Announces New $10 Million Venture Fund For Miami University Alumni

1809 Capital, a new venture fund established to benefit Miami University alumni announced the first close of its initial fund as it seeks to reach its $10M funding goal. The growth-stage fund aims to attract top-tier venture capital deal flow and plans to donate a majority of its carried-interest to the Miami University Foundation to support entrepreneurship at Miami.

With this first closing of capital, the fund is now active, and has closed on its first investment, Coda.io located in Mountain View, CA, participating with leading west coast venture capital syndicate partners.

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Miami, FSB Graduates' Companies Raise Nearly $1B in Funding in 30 Days

Miami, FSB Graduates' Companies Raise Nearly $1B in Funding in 30 Days It’s been a busy month for several companies founded by Farmer School and Miami University graduates as they brought in nearly a billion dollars in combined funding. ​ Mad Rabbit Tattoo, with founders Oliver Zak ’19 and Selom Agbitor ’19, and chief financial officer Drew Fallon ’19, had a $2 million seed round, including funding from RedHawk Ventures OROS, an outerwear company co-founded by Michael Markesbery ‘15 and Rithvik Venna ’15, had a $14.5 million Series A round Olive, a medical software technology company founded by Sean Lane ’02, had a $400 million growth equity round Electrada, a company founded by Kevin Kushman ’91 to build out a network of electric vehicle charging stations, raised $20 million Loop, a company that works to make online returns more efficient founded by Jonathan Poma ’08, raised $65 million in a Series B round Paycor, a payroll and HR software company founded and led by Bob Coughlin ‘83, entered the public market for the first time with an IPO Over the past 30 days, the six companies have raised more than $927 million in the private and public markets, with a combined market valuation across those six companies of almost $10 billion.

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All-In-One Doc Startup Coda Reaches $1.4B Valuation In $100M Raise

All-In-One Doc Startup Coda Reaches $1.4B Valuation In $100M Raise In the battle for the almighty blinking computer cursor, all-in-one doc startup Coda is gaining steam. The startup, which offers customizable and collaborative documents, has raised $100 million in a Series D funding round that values it at $1.4 billion, more than double its valuation a year ago. ​ “Our viewpoint is that the lines between the different document formats are artificial and that anyone can make a doc as powerful as an app,” says Shishir Mehrotra, Coda’s cofounder and CEO. ​ A year after Kleiner Perkins led an investment in Coda, this newest funding comes from a surprise source: the Ontario Teachers’ Pension Plan (OTPP). Other major investors include Kleiner Perkins, General Catalyst, Greylock, Khosla Ventures, Madrona Ventures, Underscore VC, NGP Capital, and Renegade Partners.

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