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Florida Funders invests $917K in Bridge

Margie Manning

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Photo credit: Creative Commons

Bridge, a Tampa technology company with an ecommerce beverage alcohol store, received $917,000 from Florida Funders, a  venture capital fund and crowd-funding platform.

The Florida Funders Impact Fund provided $500,000 in capital, and the rest came from the organization’s accredited investor network, a news release said.

Tom Wallace, managing partners of Florida Funders, said Bridge is the first company the fund has seen that brings critical consumer data to wholesalers, suppliers and retailers to offer them insights needed to better manage their products, inventory, and sales force.

Just a few months after launch, Bridge, formerly known as Proof Network Ventures, is generating monthly recurring revenue, according to the news release.

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