Company Profile

Springboard Growth Capital

Company Information

How the 2019 The Fundery Companies Were Selected

The Fundery includes venture capital funds that take equity stakes in women entrepreneurs or women-led companies as the execution of all or part of their investment theses. It does not include angel networks (unless they also run a venture capital fund) nor does it include special purpose vehicles.

Data as of Publication on Aug. 11, 2020
Location
New York, New York
Year Founded
2016
Data as of Publication on Aug. 11, 2020
Company Description

Springboard Enterprises has long been an accelerator that works to improve access to institutional equity capital for women entrepreneurs. Until 2016, though, Springboard didn't invest in its member companies directly. That's when Springboard Growth Capital debuted, designed to fund the entrepreneurs Springboard knows best -- those who have been through its accelerator program, raised early money, have continued to grow their companies, and now need additional capital to scale that growth. The fund is led by Kay Koplovitz, the founder of USA Networks, and Amy Rosen Wildstein. Its investments include ClassPass, which provides a monthly subscription allowing customers to work out at a variety of gyms and studios, and luxury reseller TheRealReal.

 

StandUp Ventures

Company Information

How the 2019 The Fundery Companies Were Selected

The Fundery includes venture capital funds that take equity stakes in women entrepreneurs or women-led companies as the execution of all or part of their investment theses. It does not include angel networks (unless they also run a venture capital fund) nor does it include special purpose vehicles.

Data as of Publication on Aug. 11, 2020
Year Founded
2017
Data as of Publication on Aug. 11, 2020
Company Description

Founded in 2017, StandUp Ventures looks for women-led tech companies across Canada in need of seed-stage to Series A funding. The fund is the brainchild of Michelle McBane, a senior investment director at MaRS, a Toronto incubator that hosts more than 6,000 people daily. StandUp is especially interested in enterprise software, digital health, and cleantech. The fund has invested in Bridgit, a jobsite communication platform for the construction industry; and Sampler, which helps companies manage the online distribution of product samples.

Texas Women Ventures

Company Information

How the 2019 The Fundery Companies Were Selected

The Fundery includes venture capital funds that take equity stakes in women entrepreneurs or women-led companies as the execution of all or part of their investment theses. It does not include angel networks (unless they also run a venture capital fund) nor does it include special purpose vehicles.

Data as of Publication on Aug. 11, 2020
Location
Dallas, Texas
Year Founded
2005
Data as of Publication on Aug. 11, 2020
Company Description

Texas Women Ventures is exactly what it sounds like: A venture firm that invests in women-owned companies in Texas and the Southwest. They've been at it since 2005, with more than $25 million under management. This is growth-stage money: TWV wants to see revenue of at least $10 million. TWV tries to come up with financing structures that let the entrepreneur retain majority ownership and control of the company. In 2014, TWV closed on its second fund, raising $14 million. Its investments include J.O.Y. Foods and Rolland Safe & Lock.

The Helm

Company Information

How the 2019 The Fundery Companies Were Selected

The Fundery includes venture capital funds that take equity stakes in women entrepreneurs or women-led companies as the execution of all or part of their investment theses. It does not include angel networks (unless they also run a venture capital fund) nor does it include special purpose vehicles.

Data as of Publication on Aug. 11, 2020
Location
New York, New York
Year Founded
2017
Data as of Publication on Aug. 11, 2020
Company Description

The Helm, launched in 2017, aims to support women-owned businesses in two ways: by investing directly in their companies, and by building a marketplace that will make it easier for shoppers to patronize women-owned companies. The Helm has invested $1.4 million in a total of 10 companies, including direct-to-consumer fashion company Haute Hijab, women-focused co-working space the Riveter, and Fathom, a connected hardware company that uses machine learning to prevent injury. The fund is led by Erin Shipley, formerly an investor at Karlin Ventures, and Lindsey Taylor Wood, an adviser to philanthropies. The Helm's e-commerce platform is slated to launch in spring 2019.

True Wealth Ventures

Company Information

How the 2019 The Fundery Companies Were Selected

The Fundery includes venture capital funds that take equity stakes in women entrepreneurs or women-led companies as the execution of all or part of their investment theses. It does not include angel networks (unless they also run a venture capital fund) nor does it include special purpose vehicles.

Data as of Publication on Aug. 11, 2020
Location
Austin, Texas
Year Founded
2015
Data as of Publication on Aug. 11, 2020
Company Description

Formed in 2015, Austin-based True Wealth Ventures is led by Sara Brand, a veteran of both McKinsey and venture firm Fremont Ventures. She's also active in a number of gender ratio organizations in entrepreneurship and tech, including Women@Austin, Rising Tide Fund, and DivInc. Her investing partner, Kerry Rupp, is the former CEO of digital health and urban tech accelerator DreamIt Ventures. The partners invest in female-led companies in consumer health and sustainability, and prefer to invest in the fund's home state of Texas. True Wealth usually invests at the seed stage, with a first check of between $250,000 and $500,000, and often takes a board seat. Its investments include UnaliWear, a smart watch for seniors or others with specific health needs, and cognitive assessment tool BrainCheck.