Trek I Fund: Launched in January 2001, Trek I is dedicated
to early stage, Minnesota-based information technology companies.
This $17 million fund targets first-round pre-money valuations under
$10 Million with initial equity investments ranging from $250,000
to $1 million. Trek I targets technology industries such as software,
networking, infrastructure and telecommunications.
The Sherpa Trek I fund is now fully invested and the Sherpa team is
continuing to support its portfolio companies with follow-on
investments and service as company Directors. We are no longer
reviewing new plans.