Locally based Task Force X Capital has added a venture partner and four advisers to the team — a next step in the firm’s long-term growth plan.
Brent Blake is TFX Capital’s second venture partner, a role that requires more committed time to help assess new deals and complex reinvestments and work with founders. He joins Matt Abrams. Blake is the founder of Valariti, an investment consulting firm in the Triangle. He also spent more than seven years as a valuation director at Venture Back Office, according to a social-media page. VBO was acquired by TMF Group last April.
“It’s great for our investors because we’re getting increased expertise under the tent, and I think it’s great for our network. (Blake) can also help founders as they think about raising more capital,” said Brandon Shelton, managing partner at TFX.
TFX’s new advisory board members are Rob Ackerman, general partner at Founder’s Equity Partners; Matt Bigge, general partner at Crosslink Capital; Brian Pope, vice president of corporate development at Passport; and Heather Richman, founder of the Defense Investor Network.
To date, TFX has invested in 14 companies, many of which are in the Southeast. It got started in 2015 and has drawn from two funds. TFX invests in early-stage companies founded by former military and national security leaders.