Arizona-Based Entrepreneurs Launch E&I Ventures; Focus on Tech Investments, Strategic Counsel To Startups

Via businesswire.com

CHANDLER, Ariz.–(BUSINESS WIRE)–Two Arizona-based tech entrepreneurs today announced the launch of a new venture capital firm, E&I Ventures, which will focus on making equity and debt investments in technology businesses in the seed, angel and Series A stages.

Geoffrey Mobisson and Doug Guilbeau are co-founders of Levementum, a successful and rapidly growing Salesforce.com partner focused on Marketing Cloud, CRM, commerce and IoT. Levementum is headquartered in Arizona, with offices in Indianapolis and El Paso.

E&I Ventures is seeking investments in companies that have recently completed a transformational event or proof of concept. The firm will primarily focus on minority investments of $100,000 to $1 million.

Mobisson and Guilbeau, who started Levementum a decade ago, will seek to help tech-based companies commercialize their ideas, with a focus initially on the Southwest and West Coast. Both have a passion for helping promising firms navigate the complex challenges of growth capital, human capital and strategic decision-making.

“We are very interested in companies that are undergoing a transition, either operational or strategic, which we believe we can help navigate,” said Mobisson, who is an advisor to other tech firms and has started multiple companies. “We are not just seeking investments – our approach relies on partnering with leaders, and bringing a constructive and pragmatic mindset to drive significant long-term growth and value.”

“Our plan is to be vocal and visible about the challenges – and opportunities – that exist within the regional technology ecosystem,” said Guilbeau, who prior to Levementum, held key leadership positions at other prominent tech firms.

E&I Ventures already has invested in Scottsdale, Ariz.-based ClickIPO, a first-of-its-kind mobile application that allows users to invest in initial public offerings and secondary offerings. ClickIPO is already getting significant attention: The company was a winner of the Spring 2017 round of the Arizona Commerce Authority’s Innovation Challenge and besides E&I Ventures, has attracted an investment team that includes former U.S. Attorney General John Ashcroft.

E&I has also invested in Los Angeles-based GroundWork, which helps youth sports teams collect automatic electronic payments and streamlines the busy work associated with team fees.

For E&I VenturesChip Scutari, 602-677-5422chip@sandcpr.com

AZ-based Tech Entrepreneurs Launch E&I Ventures, LLC – venture capital firm focused on Investments with Startups in Southwest and West Coast.

For E&I VenturesChip Scutari, 602-677-5422chip@sandcpr.com

 

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