The Syndicate Fund, a St. Paul-based investor in early-stage startups, has closed on a $5.75 million funding round almost two years after launching its first fund.
Brett Brohl, a tech entrepreneur, founded Syndicate in early 2017 to back fledgling startups. The $1 million round it raised culled capital from 30 partners and invested in 10 startups.
Fifty investors participated in the latest round. Brohl said that's a testament to the success of the first fund.
