Gopher Angels fund two Minnesota tech startups

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Twin Cities-based angel investor network Gopher Angels has recently funded two local tech startups, according to partner David Russick.

Founded by David and his partner Sara Russick, Gopher Angels began pulling individual angel investors together late last year, before indicating this spring that they were ready to start seeing dealflow as a group.

Now with over 20 accredited investors on the roster, they have announced putting $400k into four different ventures, notably $50k each into two tech startups: Online/offline DIY real-estate platform DealCurious (parent company of BuyerCurious) and St. Cloud-based software provider riteSOFT.

“My experience so far has been very positive and I’m very impressed with Gopher Angels as a group especially since they are so new,” said riteSOFT CEO Bruce Hagberg.

“This activity demonstrates that members are parting with their dollars and I would expect a great deal more investing as we continue grow our membership,” notes Russick.

KC Associates

Comments

  • http://twitter.com/kaufenberg Justin Kaufenberg

    Very cool, I think riteSOFT is a smart investment. I’m a big fan of what Bruce is doing.

  • http://twitter.com/kaufenberg Justin Kaufenberg

    Very cool, I think riteSOFT is a smart investment. I’m a big fan of what Bruce is doing.

  • http://www.monkeyislandinc.com/ Colin Hirdman

    Thank you Dave and Gopher Angels for supporting local tech! Congrats DealCurious and riteSOFT.

  • Joe Serrano

    Thanks Gopher Angels! The Russicks are, and have been entrepreneurs, so they bring a spirit of true authenticity to their approach to listen and learn about new technologies and businesses. I am hoping their investments are huge successes so they can bring that great spirit to more businesses and continue to build their war chest.

    • http://tech.mn Jeff Pesek

      Well said, Joe.

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