Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

VORA VENTURES A LEADING INVESTOR IN LOCAL VENTURE FUND

Vora joins Advisory Board of Midwest-focused venture fund along with investors from Boston, Chicago, Houston, and Silicon Valley

LOGO

Vora Ventures, a Cincinnati based, privately held, equity group that specializes in building innovative IT companies worldwide, today announced an investment in the recently closed Vine Street Ventures Fund II. In addition to its role as investor, Vora Ventures will also serve on the Advisory Board of the seed-stage fund, which focuses on investing in promising internet and mobile businesses.

“There is tremendous energy in the technology ecosystem of Cincinnati, and Vora Ventures is thrilled to contribute to its success. The Vora investment and participation in the VSV Fund II further fuels our commitment to building Cincinnati’s technology leadership, and strengthens our partnership with tremendous local resources like Vine Street Ventures, The Brandery, CincyTech, and Cintrifuse,” said Mahendra Vora, Founder and Chairman of Vora Ventures. “With the support of organizations like Vine Street Ventures, Vora, and others, I have no doubt that Cincinnati will produce some of the world’s leading technology companies in the years to come.”

Vine Street Ventures Fund II is the second fund for this group. Vine Street Ventures raised its first fund in 2012, which included investments in Cincinnati and Brandery success stories, including Ahalogy, Roadtrippers, ChoreMonster, and FlightCar. FlightCar recently announced their $22 million Series B financing with participation from Vine Street Ventures and leading venture capital firms GCV Capital, Softbank Capital, and First Round Capital.

With Vine Street Ventures Fund II, Marina Dedes Gallagher is joining the team as a Director. Gallagher was previously a Vice President at Lightbank, a Chicago-based VC fund started by the co-founders of Groupon. She was a key member of the investment team and worked in an operational capacity with several of Lightbank’s portfolio companies in ecommerce and marketplace technology.

“Mahendra Vora and his portfolio of innovative tech companies serve as real-world examples of successful entrepreneurship in Cincinnati, and provides access to a valuable global network of resources,” said Rob McDonald, Co-Founder of The Brandery and Vine Street Ventures. “Vora Ventures is an excellent addition to our world-class investor group. We look forward to Vora Ventures’ contributions to our portfolio and to the overall growth of #StartupCincy.”