Angels Help Put Out the Fire
Knoxville, TN; February 7, 2024 – Marble City Angels and Music City Angels, part of the Community Equity Partners network of angel groups and venture funds, have invested in the seed round for Pyronemesis, Inc., using the tradename Team WildFire (https://www.teamwildfire.com/).
"Wildfires destroy property and landscapes at staggering speeds and frequencies,” said Eric Dobson, the Managing Partner of Community Equity Partners (CEP). According to Dobson, Team Wildfire has a unique approach to putting these fires out and it is all based on the Founder, Steve Wolf’s Hollywood experience as a special effects engineer.
“WildFire addresses a huge problem with smart technology at the right time,” declared Dobson, noting that this is the type of venture CEP seeks: great founding leadership, great brand, and a scalable business model. “The company is already making an impact in Canada saving property, natural habitat, and potentially lives,” said Dobson.
Team WildFire creates a portable “hurricane” that is capable of extinguishing tens to thousands of acres of fire quickly and completely. This satisfies CEP’s need to support innovation and create impact.
Helping a local company like Promethius meet its growth aspirations is the reason CEP exists. Innovation has moved off the coasts to the heartland. People work where they want to live—not the other way around. We are witnessing a resurgence of the economically sustainable community and American dream.
ABOUT COMMUNITY EQUITY PARTNERS:
Community Equity Partners (CEP) is a syndicate of angel groups and funds between Knoxville and Nashville with plans to expand to three additional markets in 2024. The Network brings angel investors and entrepreneurs together in an environment that celebrates innovation, rewards strategic risk-taking, and promotes performance. CEP is the combination of two angel networks across the Midwest and Southeast and enjoys a 17-year history and has invested approximately $13M in 56 companies across a variety of market sectors. The portfolio has created hundreds of jobs and over a hundred million dollars in follow-on capital investments by other groups and funds. CEP has an established track record investing in technology companies in the US “Heartland” enjoying six exits from 2 – 6x in the last four years. To learn more about CEP visit https://www.communityequitypartners.co.
