We just announced our most recent investment in Minneapolis based Cympel.com. I met with the Cympel team back in November in Minneapolis after an introduction from a professor at the U of M Entrepreneurship Program. One founder, Jesse Hultgren (a former salesmen and Best Buy employee) had participated in the U of M program and was looking to raise money for Cympel. Both Jesse and his co-founder, Courtland Caldwell (a Best Buy IT guru), painted a clear picture of their vision for Cympel and what they want to do with the company, which will go beyond just ads. Our investment of $125k is largely based on the talent of the founders as well as the clear vision that they were able to communicate to us.
Straight Shot, our SaaS & e-commerce accelerator, welcomes Cympel and the rest of the inagural class on Monday, July 8th as the accelerator will kick off.
See TECHdotMN article here.