Features | October 5, 2020

Founders First backs Chicago’s OnShore Technology

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, October 5 –  The Chicago-based “enterprise verification” firm helps biosciences firms and other companies secure software, computer systems and transactions. San Diego-based Founders First provided an undisclosed amount of funding for the company. 

Founders First, launched last year by Kim Folsom, aims to provide revenue-based financing and support to 500 service-based businesses founded by women, people of color and military veterans (see, Helping diverse founders grow businesses with revenue-based financing). 

The investment fund has committed to investing $5 million in Chicago-area businesses.