MissionOG has raised a $19.3M fund so far - Technical.ly Philly

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Aug. 25, 2015 9:58 am

MissionOG has raised a $19.3M fund so far

The Center City venture firm has more than doubled its initial raise ($9 million) from last fall.
London, a city that MissionOG has a few connections to, including a portfolio company and a venture partner that started a fund there.

London, a city that MissionOG has a few connections to, including a portfolio company and a venture partner that started a fund there.

(Photo by Flickr user JasonParis, used under a Creative Commons license)

MissionOG filed an update to its fundraising efforts last week. It has now raised $19.3 million for its fund, according to an SEC filing. It has also raised a $3.4 million parallel fund. A year ago, the venture firm had raised $9 million.

MissionOG managing partner George Krautzel said he couldn’t comment at this time.

The Center City venture firm has invested locally and outside of Philly, most recently in fintech companies, including leading a $119 million Series B in New York City-based Behalf.

MissionOG also hired a new venture partner: Isabelle Freidheim. Freidheim moved a year ago to Philadelphia from London, where she cofounded a fintech fund called The London Fund. She is the firm’s second female venture partner on the eight-person team.

Companies: MissionOG
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