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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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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1809 Capital Network Collaborator Andy Collins recognized in GrowthCap’s 40 Under 40

1809 Capital Network Collaborator Andy Collins recognized in GrowthCap’s 40 Under 40 Andrew joined Summit Partners in 2008, and he focuses primarily on the technology sector with an emphasis on software. Prior to Summit, Andrew worked as an investment banking analyst in the Mergers and Acquisitions group at Banc of America Securities. Before that, he worked for ABN Amro Financial Services in Chicago. Andrew holds a B.S. in finance from Miami University. ​ “One of the most exciting parts of my job as a growth investor is having the opportunity to work alongside incredibly dedicated entrepreneurs who are transforming their industries – whether that’s through developing pioneering technology, executing innovative go-to-market strategies, or building passionate communities. I’m continually inspired by the vision and tenacity of these leaders – and I consider it a privilege to be a part of their growth journeys.” – Andrew Collins

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