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1809 CAPITAL NEWS


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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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The Farmer School Department of Entrepreneurship has announced its first three Ryan Family Scholars for 2020-2021. Funded by a $1 million gift from Jim Ryan ’80 and his wife Michelle, the program takes a holistic approach to supporting student success. Recipients will receive tuition, room & board and fees up to $20,000 annually. Students may major in any discipline, provided they are minoring or co-majoring in entrepreneurship.

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To read more about this program and its recipients please read, Department of Entrepreneurship announces first Ryan Family Scholars, on Miami University's News page.





 
 
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