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Montana's Entrepreneurial Ecosystem Hits Another Milestone - Frontier Fund 2 Fully Invested - New Frontier Angels to Launch in October 2017

August 8, 2017View for printing

Frontier Angel Fund 2, http://www.frontierfund2.com, committed its remaining investable capital at the member meeting on Friday, July 28 in Bozeman.

The portfolio concluded with 19 investments, including 5 lead investments in Montana-based companies. Larry Cates, Chairman of the Fund said, "we are delighted to have found such great investment opportunities and helped some terrific entrepreneurs.

The acceleration of the startup world in Montana, the rise of angel syndication networks in the region, and the passionate engagement of our investors has fueled some great opportunity." Frontier Fund 2 now enters portfolio management mode.

Combined, Frontier Funds 1 and 2 have invested nearly $15 million between the Funds and the corresponding investments from individual members.

Frontier Angels will soon debut its new structure and tech-focused strategy with new leadership. Liz Marchi, cofounder Frontier Funds 1 and 2, said "It's a great time for me to hand the group to the next generation. There are some exciting new evolutions of the angel investing model here in Montana coming along soon.

Frontier Angels will continue to accelerate the growth of the entrepreneurial ecosystem here in Montana under new leadership with a much larger group of investors, including a strong emphasis on activating more women investors and entrepreneurs." Ms. Marchi will shift her attention to work with the Montana State Chamber Foundation to build initiatives to support entrepreneurship as part of the Chamber's Envision 2026 initiative, and to working with Marchi Ranch Wagyu beef.

For more information about Frontier Angels please see http://www.FrontierAngels.com


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