Crowdfunding / Funding / Investing / Startups / Venture capital

The founders of Juno Search Partners just launched an early-stage VC firm

The pair sees the firm as a "thank you" to Philly and its business community.

Mikal Harden (left) and Vicki Sack, founders of Juno Capital. (Courtesy photo)

Mikal Harden and Vicki Sack, cofounders of Juno Search Partners, have launched their newest enterprise: an early-stage venture capital firm called Juno Capital, 10 years after the launch of the talent acquisition firm.

The pair sees the firm as a “thank you” to Philly and its business community, Dylan Foley, the firm’s VP of strategy and third full-time member, told

“They gained a lot from Philly and its business community and see this as their way of giving back and helping others find success,” he said.

In the last decade, the pair has built up a large network and aims to use the fund to support area businesses in the early, pre-seed or seed round of fundraising. The firm will primarily be investing in local companies that align with Juno’s values of collaboration, connectivity and transparency, Foley said.

The company’s already taken two startups into its portfolio, participating in seed rounds for social media startup LifeBrand and biotech company ImmunoGenesis. LifeBrand CEO Thomas Colaiezzi is based in Newtown Square, and although ImmunoGenesis is a Texas-based company, its CEO, Jim Barlow, is local. Harden was also an early investor in HR tech platform Employee Cycle, run by Bruce Marable.

“Our city is one rich in history and brimming with resources and talent to support the start-up community,” Harden wrote in a blog post announcing the news.  “And so, we’re doubling down on our love and investment by providing working capital for other eager entrepreneurs with big ideas, lots of passion and tenacity.”

Foley said that he, Harden and Sack had been kicking around the concept of a VC firm for about a year, recognizing it was a way to add value to Juno Search Partners and double down on the startup scene here in Philly. After hearing good things about LifeBrand about two months ago, they started the investing process in a more serious way, and worked to bring Juno Capital into reality.

For now, they plan to remain a tight team of three, Foley said, each bringing something unique to the table, especially after Harden and Sack’s decade together as business partners.

“They’re very different people but make a great partnership,” Foley said. “Mikal is big dreamer, big ideas person while Vicki can be a sound voice of reason.”

Over the rest of 2020 the trio plans to add some more companies to its portfolio — Foley didn’t disclose the size of their fund or investments — and also to bring in more advisors for themselves and the companies.

“Here we are, mid-pandemic, to remind you how determined we are to emerge a stronger, better and more connected community,” Harden wrote in the blog. “Grit is our middle name.”

Companies: Juno Search Partners / Employee Cycle

Before you go...

Please consider supporting to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!


Philly startup Burro aims to revolutionize farming with robots

How to encourage more healthcare entrepreneurship (and why that matters)

Wagtail’s Philly event reaches beyond its software, aiming to bring together Python enthusiasts

Find out what type of heat wave you’re really in for with NOAA’s HeatRisk dashboard

Technically Media