Richard Magid is a founding investor and General Partner at SoundBoard Venture Fund. See sector focus and contact routes.
Richard Magid is a founding investor and General Partner at SoundBoard Venture Fund, an early-stage venture capital firm that targets Pre-Seed, Seed, and Series A rounds with check sizes of $50,000 to $250,000. While the fund is industry-agnostic, it emphasizes technology-enabled businesses in the Internet of Things (IoT) sector and industries like agriculture, manufacturing, and infrastructure, specifically seeking "understandable" companies in underserved U.S. geographies. Magid's distinctive thesis prioritizes strong leadership teams and cultural fit over pure technical skill, investing in B2B and B2B2C software, hardware, and industrial products with post-money valuations under $15 million. Notable portfolio companies include Aeronics (portable veterinary oxygen), Code Lock (code-level security), and Oonee (automated bike parking).
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