Ryan Holmes and Manny Padda launch new $20M fund for young founders, LOI Venture

The fund’s cheque sizes will range from $100,000 to $300,000 with the potential for SPVs to extend investment cheques into the $1 million range.

Dec 13, 2021

∙ Paid

“In 2017, I launched League of Innovators because there was a shortage of mentorship for young entrepreneurs,” shared Hootsuite founder Ryan Holmes on LinkedIn this morning. He also revealed the thesis for his next big endeavour: “…there’s a shortage of capital for founders under 30.” To address this issue, he and Manny Padda announced today …

Ryan Holmes and Manny Padda launch new $20M fund for young founders, LOI Venture

The fund’s cheque sizes will range from $100,000 to $300,000 with the potential for SPVs to extend investment cheques into the $1 million range.

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