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Florida Funders launches second fund

November 19, 2020 - Florida Funders has raised $10 million from 29 investors for Florida Funders Fund 2 LLC. The fund is anticipated to total $75 million, according to a Nov. 18 filing with the U.S. Securities and Exchange Commission. Florida Funders, a hybrid venture capital firm and angel investor network, declined comment on the filing. In August, Tom Wallace, managing partner, told the St. Pete Catalyst that  Fund 1,  which launched in mid-2017, had invested in 34 companies and nearly fully allocated the $18 million in that fund.

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