Biography
Kara Elyse Nortman is an American venture capitalist, the founder and managing partner of Monarch Collective, and professional sports team owner who co-founded National Women's Soccer League (NWSL) club Angel City FC.
Venture Capital
In 2014, Nortman joined Upfront Ventures, a Los Angeles, California-based venture capital firm. Nortman's investments included Parachute Home, Writer, Laurel, Fleetsmith (acquired by Apple), Strive Talent (acquired by Franklin Covey). In 2020, Upfront promoted Nortman as one of three co-managing partners. In 2022, she reportedly stepped back from investing at Upfront to focus on Angel City FC.
In March 2023, Nortman announced the creation of Monarch Collective, a sports venture capital fund led by herself and Jasmine Robinson with a focus on women's teams, leagues, and business opportunities. Investors in the $100 million initial raise included former tennis player Billie Jean King, Alphabet Inc. venture capital leader Laela Sturdy, and former Netflix president Cindy Holland.