SEATTLE, WASHINGTON, USA, May 31, 2023/EINPresswire.com/ -- Stormbreaker Ventures, an early-stage venture firm focused on the mobility sector, is proud to announce the addition of Glenn Lurie as a General Partner. Glenn Lurie, Synchronoss and AT&T Mobility's former President and CEO is known for his lead role in collaboration with Apple, bringing the iPhone to market. With Lurie's addition, Stormbreaker is set to accelerate its hands-on approach and focus on mobility investments, leveraging Lurie's extensive experience and network in the industry.

Lurie joins existing General Partners Andy Funk, and Mark Freed, and Founder Said Mia, bringing a wealth of experience to the firm. With over 120+ years of aggregate experience, Stormbreaker's team consists of veteran operators and investors with a track record, including 14 unicorn investments. Bart Lorang, a four-time founder and experienced early-stage investor, also joins as EOS Implementer-in-Residence and Venture Partner.

Stormbreaker launched its first fund in 2020 and has invested in over 40 portfolio companies from this initial fund. With Lurie's addition, the firm is focusing its investment strategy on areas where the team's deep experience and network give them a distinct advantage. The mobility space, which encompasses networking, the Internet of Things, consumer and industrial devices, sensors, transport, security, computing and cloud services, will be a primary focus. Stormbreaker aims to identify the next wave of blockbuster companies in this sector.

Stormbreaker is known for its Founder Success™ Platform, which provides its founders with a world-class set of tools and resources. The firm's hands-on approach and level of support are typically only available to entrepreneurs in sizeable private equity portfolios. Stormbreaker's approach has led to portfolio success - their companies have raised more than $500 million of follow-on capital, despite the challenges of raising follow-on funding in the current venture market.

Founder Said Mia states, "Both Bart and Glenn had a multitude of options to consider for the next opportunity in their careers, and each of them chose Stormbreaker. Their experience as investors and operators sharpens our focus and gives us a meaningful advantage over other investors who share our perspective on the companies in the mobility sector."

Stormbreaker has built a robust international network, and top multinational companies are eager to have Stormbreaker as the first US VC on their cap table. The firm has more than 40 active portfolio companies, and with the addition of Lurie and Lorang, Stormbreaker is poised for continued success.

About Stormbreaker:

Stormbreaker Ventures is an early-stage venture firm focused on the mobility sector, encompassing consumer devices, industrial devices and sensors, transport, security, computing and networking, and associated services. With a team of veteran operators and investors who have over 120+ years of aggregate experience, Stormbreaker has a track record that includes 14 unicorn investments. The firm provides a world-class set of tools and resources to its founders via its Founder Success™ Platform. Stormbreaker has more than 40 active portfolio companies that have raised more than $500 million of follow-on capital post the Stormbreaker investment.

Glenn Lurie
Stormbreaker Ventures
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