QCA First Funds, established in 2003, focuses on supporting fledgling companies to reach critical milestones and attract further investment. The fund is managed by members of the Queen City Angels with additional support from the Tri-State Growth Capital Fund. It primarily targets early-stage investments, leveraging matching funds from the State of Ohio's Third Frontier Action Fund to maximize impact.
Notable portfolio companies include Intellirod Spine, which has raised $1 million, and Petbrosia, which has raised $2 million. The fund is managed by experienced mentors who provide both oversight and strategic guidance to portfolio companies. This hands-on approach ensures that startups receive the necessary support to navigate early challenges and scale effectively.
Portfolio Snapshot
Observed round participation, including acquisitions and grants. Current holdings, investor exits, and write-offs are not established.
