Digital Irish, an organization dedicated to promoting the growth of Irish startups, has launched the $1 million Digital Irish Venture Fund to support global Irish diaspora startups, led by Marty Loughlin.
- Founded in 2013, Digital Irish is a non-profit organization that supports early-stage Irish startups globally through networking events, go-to-market programs, and the Digital Irish Venture Fund, empowering them to expand beyond local markets.
- The Digital Irish community connects Irish startups globally, focusing on sectors like social media, mobile technology, online advertising, digital agencies, search engines, analytics, video platforms, e-commerce, and other online-centric B2B or B2C ventures. They regularly host networking sessions in NYC and London.
- The Digital Irish Venture Fund, backed by tech entrepreneurs, veteran investors, and influential corporate executives, offers financial support and access to a network of industry experts, partners, and mentors. This support enhances startup growth and facilitates global success.
- The fund has already made its first investment in Trustap during a Series A funding round led by TX Ventures. Trustap is a digital platform that safeguards users from scams during transactions with unfamiliar individuals.
“We are building a bridge between Ireland’s dynamic startup ecosystem and the vast resources of the Irish diaspora. This fund offers entrepreneurs the capital, connections, and expertise they need to succeed on a global stage, while also presenting investors with a unique opportunity to engage with Ireland’s thriving innovation landscape,” Fund Manager at DIVF, Marty Loughlin, stated.
- The fund will be managed by Marty Loughlin, with support from a committee including Feargall Kenny, founder of Glenborn Executive Search; Lindsay Browning, Director of Enterprise Account Management at Monday.com; Marius Smyth, Chief Revenue Officer of CallRail; Darragh O’Flaherty, Managing Director of Blue Owl Capital; Rael McNally, Managing Director of Fortescue Capital; and Paul Murphy, CEO of 3Advance.
