MissionOG closes first venture fund with $35 million in assets under management

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MissionOG announced the final close of its first fund which invests in early and growth-stage B2B companies. The firm began investing in 2013 and now has eleven companies in its portfolio. With an impressive group of individual LPs, the firm brings an operator’s approach to sourcing deal flow, vetting potential investments, and working with portfolio companies post-investment.

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Investment firm MissionOG (http://www.missionog.com) today announced the final close of its first fund with $35 million in assets under management. The Fund applies an operational approach to investing, providing human and financial capital to early and growth stage B2B focused technology companies. This methodology along with the extensive business experience of its partners, advisors, and individual investors, has established a powerful structure to find, vet, and work with high growth companies.

MissionOG began investing in 2013 and now has eleven companies in its portfolio, including FactorTrust, Pay4Later, Journey Sales, and Behalf. Focused on accelerating technology-based business services companies with enterprise distribution, existing and targeted sectors include financial services and payments, enterprise software, and media and content.

“We are excited to announce the close of our first fund with the strong backing of an impressive group of Limited Partners,” said Gene Lockhart, chairman and managing partner at MissionOG. “This capital close allows us to not only support the growth opportunities within the current portfolio, but also invest in additional world-class companies.”

The managing partners of MissionOG have an extensive track record of leading high growth companies to significant outcomes. In addition to companies they have founded, the principals of the Fund have also held leadership positions in industry leaders such as MasterCard, Bank of America, Citibank, and CEB.

“The opportunity that we saw in the market was to leverage our experience as entrepreneurial operators to be true partners to the companies in which we invest,” remarked George Krautzel, managing partner of MissionOG. “While early in the life of our firm, that valuable differentiation has attracted a developing portfolio of top-notch growth companies and a top-tier group of institutional co-investment partners.”

The operator’s approach to investing extends beyond the managing partners of MissionOG. The unique methodology for early and growth stage investment has also attracted a strong group of advisors and individual investors to the Fund.

“We have brought together an extremely effective team of advisors and investors whose extensive networks and experience have delivered significant contributions to the Fund,” noted Andy Newcomb, managing partner of MissionOG, “We developed a platform that leverages the collective value of these partners to build better deal flow, conduct smart diligence, find talent, and open business development opportunities for our portfolio.”

For a complete list of the MissionOG partners, advisors, and team members, visit: http://www.missionog.com/people/

About MissionOG
MissionOG provides human and financial capital to early and growth stage B2B technology companies. We apply our experience and capabilities to a group of highly skilled and passionate entrepreneurs whose businesses are on the cusp of exponential growth. Headquartered in Philadelphia with offices in New York City, the MissionOG Fund is managed by entrepreneurial operators who have effectively built early to growth stage businesses and guided them through successful acquisitions. For more information visit: http://www.missionog.com

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