E&I Ventures will focus on making equity and debt investments in technology businesses in the seed, angel and Series A stages.
Led by Geoffrey Mobisson and Doug Guilbeau, co-founders of Levementum, an Arizona-based Salesforce.com partner focused on Marketing Cloud, CRM, commerce and IoT, E&I Ventures is seeking minority investments of $100k to $1m in companies that have recently completed a transformational event or proof of concept.
The firm will seek to help tech-based companies commercialize their ideas, with a focus initially on the Southwest and West Coast.
E&I Ventures has already invested in:
– Scottsdale, Ariz.-based ClickIPO, a mobile application that allows users to invest in initial public offerings and secondary offerings; and
– Los Angeles-based GroundWork, which helps youth sports teams collect automatic electronic payments and streamlines the work associated with team fees.