PRESCOTT, Ariz.--()--Agility Ventures, a leader in the leasing and financing of early-stage technology and broadband companies, is pleased to announce the closing of their third investment fund. The Agility Fund lll will participate in a broad range of technology, investing in opportunities from broadband to medical devices. All of the investments that the third fund will take part in show a promising future of rapid growth and recurring revenue. The funding has been raised from accredited investors located all across the United States.
“Our success has been due to cautious investments in early stage companies with recurring revenue for mission-critical services”
“Our success has been due to cautious investments in early stage companies with recurring revenue for mission-critical services,” said Hal Hayden, managing partner of Agility Ventures. “Because our investment model mitigates much of the risk associated with rapidly growing early-stage technology companies, we will stick closely to it as we expand our footprint.”
Agility launched its first fund in 2004 with a three-year investment window to finance capital equipment for the wireless broadband industry. All capital was returned to investors by the end of 2009 and income is still being distributed. Funds two and three have been larger than the first fund; however, both have followed the proven path of the previous funds. The Agility Lease Fund III was organized and raised by Hal Hayden and Bill MacNamara over the course of four months. All Agility funds are characterized as venture debt funds, designed to provide funding for early stage companies that need capital for immediate growth. Typically, Agility comes in alongside funding from angels or VC’s, leveraging the equity already invested in a company. Funding support of this nature is attractive to both the client company itself as well as the equity investor due to the fact that it provides the needed capital without having to organize an additional equity round.
Ernie Strauch, an Agility investor, goes on to say, “Over the years Agility has proven to deliver on their investments, often going far beyond traditional yields. Their portfolio is dynamic and their service and transparency is unmatched. I was excited to be a part of this third fund.”
Agility will widen its reach with this fund to include data centers, solar, Software-as-a-Service (SaaS) and GPS among other technologies. Agility’s approach to investing is a fully managed, monitored process, earning them a reputation of integrity and trust over the past seven years. Virtually all of Agility’s investors in the first two funds elected to participate in the third. To date, Agility has made six investments from their third fund, providing commitments of $4.3 million.
About Agility Ventures.
Agility Ventures specializes in leasing, financing and consulting for early-stage technology companies. Fully owned and managed by experienced executives, Agility has been offering sound, reliable opportunities to investors since 2004. Agility creates valuable relationships between their investors and the companies they invest in that result in financial benefits to both the investor and the companies being funded. For more information visit www.agilityventures.com.