A new venture fund designed to strengthen the local entrepreneurial ecosystem has officially launched with a strategic investment in St. Petersburg-based Spontivly.
Veteran investors Ashby Green and Kim Vogel founded the Coastal Community Fund to support oft-overlooked seed-stage startups throughout Florida. However, the two will prioritize burgeoning Tampa Bay companies.
The investment in Spontivly will allow the data analytics software startup to boost its local workforce. Vogel, program manager for Tampa Bay Tech’s Apprentice Network, believes a lack of communication among stakeholders hinders growth opportunities…