How Women Invest Press
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ServiceNow Press Release
ServiceNow (NYSE: NOW) today announced it has signed an agreement to acquire Hitch Works, a skills mapping and intelligence company. Hitch will add a new layer of AI-powered skills insights to the industry-leading Now Platform to help customers address talent gaps by...
RevWork Inc, creator of the pioneering enterprise Learning Retention SaaS solution rooted in the science of behavior change, today announced that How Women Invest II, LP has kicked off its $1M pre-seed round with a $250,000 investment. Nicole White, SVP & Founding Principal of Newfront has...
More enterprise clients see the need to focus on their existing talent to boost productivity and diversity, equity, and inclusion (DEI). Hitch's AI-powered platform uses analytics to identify internal skills supply and demand, improving productivity while supporting employee retention metrics and realizing cost savings.
How Women Invest LLC (HWI) today announced Fund I, a $10M venture fund subscribed predominantly by female investors, over half women of color, who aim to disrupt the antiquated, unequal landscape of the venture capital system that typically excludes women startup founders.
The new fund provides capital, mentoring and a network of influential women leaders to support female startup founders, especially women of color. The first close of $5M was achieved..
We built How Women Invest to shift the venture capital landscape by supporting women-led companies, with a particular focus on women of color. We expect that by the end of 2020 we will have educated a community of 1,000 first-time female investors and will have created an infrastructure to enable women to support and fund women of all backgrounds
This summer, in addition to the significant challenges presented by COVID-19, we’ve been focusing on addressing the challenge of racial injustice. What if one of the ways to achieve justice and parity for Black, Indigenous, and Women of Color in leadership is to fund female and BIPOC founders?
It started out as just another pandemic Wednesday. But that didn’t last long. I jumped on a call with a young female founder of color who was just getting her startup company off the ground. Right now it’s a side hustle. She’s passionate and driven to succeed but running into obstacles. Specifically, she’s having a hard time getting funding and she could use a sounding board for some key strategic business decisions.
The new fund provides capital, mentoring, and a network of influential female leaders to support female startup founders, especially women of color. The first close of $5 million happened in just four months, and the partners credit the fund’s creation to their network of professional, collaborative, and community-driven female leaders, who represent board directors and senior executives.
Female-led startups continue to have a tough time securing funding amid the Covid-19 pandemic. Erika Cramer, co-general partner of How Women Invest Fund, which supports capital raising for women leaders, discusses the space on "Bloomberg Technology." (Source: Bloomberg)
Ninety percent of the investors (LPs) in the fund are women, with over half being women of color–including Latinx, African American and Asian. This powerful network of entrepreneurs, board directors, and C-suite executives have already brought 60 deals to the table. The target raise for the fund is $10 million, with up to 249 limited partners based on fund rules in the Jobs Act.