The JumpFund

Location:
ChattanoogaTN 
Founded:
2013
Size of fund:
$5.2M
Stage:
Early

According to Wharton, only 6 percent of early-stage investment in the Southeast U.S. goes to gender-diverse teams. To help change that, the JumpFund was established specifically to boost women entrepreneurs in that region. JumpFund's first fund, established in 2013, put $2.5 million into 18 companies. The fund's six partners -- all women -- have now raised $5.2 million for their second fund. Startups it has backed include digital concierge service Utilize Health, cloud-based diabetes management company Rimidi, and sports app developer SuperFanU.

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