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Procoto serves as a perfect representation of the TampaBay.Ventures thesis; to invest in the best founders with a deep understanding of an industry challenge through domain expertise. Having developed the idea for Procoto while searching for procurement tools in previous

Venture capital firm TampaBay.Ventures has made its first investment and it’s with a new St. Pete startup. TampaBay.Ventures, founded this year with an initial $20 million seed fund committed to investing in Tampa Bay-based technology companies, announced this week that it is leading a

Two months after launching a $20 million, five-year fund, TampaBay.Ventures has made its first investment. The fund, run by four Tampa Bay investors, has closed a high six-figure deal with St. Petersburg-based Procoto. The company offers procurement software for small

TampaBay.Ventures has led an investment into St. Petersburg, Florida-based Procoto, a procurement and spend analysis platform for businesses. Procoto is a graduate of the famed Y Combinator startup accelerator program and the first Y Combinator graduate located in the Tampa

“We’re seeing that Tampa Bay is one of the best places in the country to build a tech company,” said General Partner Andreas Calabrese. “Getting funding for these startup companies was not always the easiest thing to do locally.”

Marcus Adolfsson & Andreas Calabrese stop by the studio to discuss the new fund, their investment thesis and how they’ll look to support and grow Tampa Bay seed stage companies.

Entrepreneurs in Tampa Bay have launched a $20 million investment fund and plan to deploy the money across at least 20 startups in the next five years.

New Fund is committed to helping create an internationally recognized startup ecosystem in the Tampa Bay region Tampa, FL – May 11, 2021 – A new venture capital firm, TampaBay.Ventures, has launched its first $20 million seed fund in order