Steven Mercil

Overview

Mr. Mercil is the CEO and founder of RAIN Source Capital, Inc. and its predecessor organization, Minnesota Investment Network Corporation. Under his leadership, these organizations have grown regional and national in scope and have been recognized for their expertise in leveraging the power of angel investors. He is a pioneer in bringing angel investment opportunities, which have historically been clustered on the coasts, to the central states and to often overlooked rural areas. He is also a principal in InvestAmerica NW, LLC, the General Partner of Invest Northwest LP-Fund. Invest Northwest is a mission-related venture fund capitalized by the Northwest Area Foundation and focused on middle market and later-stage companies located in Iowa, Minnesota, Montana, North Dakota, Oregon, South Dakota, Idaho and Washington. Mr Mercil has served as the chair of the Board of Directors of the National Association of Seed and Venture Funds, and served two terms as treasurer for the Angel Capital Association.