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Angel Investor (Individual)
linkedin.com/in/kevinfortuna

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Investments

4

Portfolio Exits

1

About Kevin Fortuna

Kevin Fortuna is a media and start-up veteran with deal-making and C-level management experience at both Fortune 500 and smaller companies. He is currently founder and CEO of Lot18, as well as a partner at AKF Partners, which focuses on advisory services for all areas of business and corporate development. He was most recently President and CEO of Quigo, an advertising technology company which was acquired by Time Warner's AOL division in 2007.Prior to joining Quigo in 2005, he was the founder and Managing Partner of Dedalus Capital, a boutique M&A consultancy and venture firm. Prior to Dedalus, Kevin was an operating and business development executive at two IPO-track internet companies: Juno Online Services and NBC Internet (formerly CNET/Snap.com). Kevin has built and managed market-leading business development, electronic commerce, product development, engineering, logistics and customer service organizations. Kevin has also been an angel investor and advisor to a variety of start-up companies.Kevin graduated summa cum laude from Georgetown University and is a member of Phi Beta Kappa. He serves on the Boards of Directors for Jumptap, FameBall, Achieve, Dedalus Enterprises, Concern Worldwide, and Moose Riverkeeper and is on the advisory boards of Outbrain, ShareThis, HopStop and Snooth.

Kevin Fortuna Headquarter Location

New York, New York,

United States

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Latest Kevin Fortuna News

Judge Dismisses Suit in Fatal Police Shooting in Utah

Mar 8, 2022

A federal judge has dismissed a wrongful death lawsuit filed by the family of a Utah man who was shot at nearly 30 times and killed as he ran away from Salt Lake City police in 2020. U.S. District Judge David Barlow ruled that the civil rights of Bernardo Palacios-Carbajal, 22, were not violated when he was shot and killed by Officers Neil Iversen and Kevin Fortuna, The Salt Lake Tribune reported Friday. The judge dismissed the lawsuit this week. Palacios-Carbajal’s family filed the civil suit against the officers and police Chief Mike Brown in September 2020, alleging the officers engaged in “gratuitous violence” by repeatedly shooting at him after he was already on the ground and incapacitated. Palacios-Carbajal was struck 13 to 15 times in May 2020 as he ran away from officers who were investigating a gun-threat call and yelled for him to drop a gun, according to prosecutors. District Attorney Sam Gill later ruled the use of force was justified because Palacios-Carbajal had repeatedly dropped and picked up a handgun while running away. Gill said he was unable to pursue prosecution because the law protects officers if they fear that they or someone else are at risk. That decision prompted street protests in Salt Lake City. The family’s attorney, Nathan Morris, said his clients were “struggling” with the judge’s decision and were considering whether to appeal. Court documents filed Monday said the two officers had heard that Palacios-Carbajal had threatened multiple people with a gun and “reasonably believed that Mr. Palacios was an immediate threat to their safety and to any member of the public he might encounter during the chase.” City police Chief Mike Brown said in a statement after the judge’s ruling that the “loss of life is tragic. As police officers, we are charged with the duty to protect our community and each other and in this case, that is exactly what happened.” Copyright 2022 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Kevin Fortuna Investments

4 Investments

Kevin Fortuna has made 4 investments. Their latest investment was in DoodleDeals as part of their Series A on February 2, 2010.

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Kevin Fortuna Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/1/2010

Series A

DoodleDeals

$1.27M

Yes

1/6/2009

Angel - III

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$99M

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0

11/21/2007

Angel - II

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$99M

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0

12/11/2006

Angel

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$99M

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0

Date

2/1/2010

1/6/2009

11/21/2007

12/11/2006

Round

Series A

Angel - III

Angel - II

Angel

Company

DoodleDeals

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Amount

$1.27M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

0

0

0

Kevin Fortuna Portfolio Exits

1 Portfolio Exit

Kevin Fortuna has 1 portfolio exit. Their latest portfolio exit was DoodleDeals on December 08, 2011.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/8/2011

Acquired

$99M

Date

12/8/2011

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

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