Geekdom Fund Raising Up to $15M For Second Startup Investment Fund
San Antonio—Geekdom Fund, an early stage San Antonio venture capital firm focused on IT startups, has raised $6.7 million for a new fund, Geekdom Fund II. The firm may raise as much as $15 million, according to a regulatory filing.
Founded in 2014 by Michael Girdley, Don Douglas, Mike Troy, and Cole Wollak, Geekdom Fund has invested in startups from around the country, many of which are based in Austin or San Antonio. That includes Austin-based Patient IO, a healthcare app that was bought earlier this year by Watertown, MA-based Athenahealth. Geekdom Fund’s other local investments include SeatSmart, Merge VR, and Medspoke, among others.
The group raised almost $3.4 million in its Geekdom Fund I last year. Girdley declined to comment on the new fund because it hasn’t closed. The San Antonio Business Journal first reported on the new raise.