Healthtech, Advanced Manufacturing, Blockchain, B2B SaaS and Machine Learning startups to take the stage at Chloe Capital’s pitch event for women
Five Women-led tech companies to pitch for funding; One will receive an investment from Chloe Capital
(RELEASE) Boston, MA – On Friday, January 11th, 2019, five of the top women-led tech companies in Massachusetts and New York State will present their businesses to a room full of investors and community leaders during the Boston Women Investors Forum (ChloeCapital.com/tour-boston). We invite all media representatives to join us in shining a light on the movement for equality in entrepreneurship.
Meetcaregivers, Nineteenth Amendment, ResourceVerified, Visit.org and WorkAround Online (descriptions below) were selected from a national pool of over 1000 applicants. One of these companies will receive a $100,000 investment from Chloe Capital. The winner will be chosen during a pitch event from 6 – 9 PM at the Cambridge Innovation Center. Supportive male allies are welcome and encouraged to join us. Tickets are on sale at CHLOESboston.eventbrite.com.
According to Pitchbook, female founders receive only two percent of all venture capital in the U.S. In stark contrast, companies run by all male leadership teams received 79 percent of the $85 billion that VCs invested last year. On January 11, Chloe Capital, in partnership with our City Champions, aims to help women entrepreneurs with funding, connections and mentorship.
“Despite recent progress, women-led companies are going unnoticed. Yet studies show companies with diverse leadership teams grow faster and produce higher returns for investors,” said Elisa Miller-Out, Founding Partner at Chloe Capital. “We’re excited to bring this movement to Boston.”
“Our mission is to advance solutions to the gender gap in entrepreneurship, added Chloe Capital Partner Kathryn Cartini. “We further this mission by investing in women-led companies, increasing the number of women investors at the table, and uniting a genuine community committed to supporting women.
Prior to the pitch event, accredited investors and women leaders from the five companies will connect for an invite-only Investor Dinner and Workshop. World-class speakers will lead enrichment programs focused on localized investing in women leading innovation. Featured speakers include management consultant, economist and investor, Barbara Clarke. Clarke is a founding member of Astia Angels, and on the investment committees of Portfolia and Rising Tide Europe 3 (RTE3). Accredited individuals interested in attending the Investor Dinner and Workshop can reach out to Chloe Capital for an invite at info@ChloeCapital.com.
Here are the five women-led tech companies competing for funding:
- Meetcaregivers – Newtown, MA
Co-founder, Florence Furaha
Technology platform that connects pre-screened caregivers to seniors. The platform is disrupting the home care market and enabling millions of seniors to age at home, and receive quality in home care.
- Nineteenth Amendment – Boston, MA
Co-founder Amanda Curtis
A revenue-generating SaaS platform that connects brands to vetted U.S. manufactures, and allows them to shop directly to shoppers without holding inventory. Clients include Macy’s and Disney.
- ResourceVerified – New York, NY
Founder, Jaspreet Randhawa
Transforming the current opaque, manual, repetitive and costly process of employee verification by replacing it with a single verified record. This results in a transparent, automated and efficient process that reduces cost and risk to the employer.
- Visit.org – New York, NY
Co-founder, Michal Alter
Leading SaaS platform for employee-driven corporate social responsibility (CSR). The platform integrates CSR into day-to-day company culture in a genuine way, proven to increase employee engagement and commitment to their company.
- WorkAround Online – Boston, MA
Founder, Wafaa Arbash
Restoring dignity to refugees through economic empowerment by connecting them to fair-wage online work. We provide refugees with the flexibility to work anywhere, and to be paid without the need for a traditional bank account.
Don’t miss your chance to support these innovation leaders. Register to attend at CHLOESboston.eventbrite.com
The Boston Women Investors Forum is part of the Chloe Capital National Tour. In addition to Boston, MA, Investing Workshops and Pitch Events are scheduled in Chicago, IL, Denver, CO and Binghamton, NY. Women-led companies ready for venture funding should apply at ChloeCapital.com/tour.
The winner of our kickoff event in Rochester, NY is It’s By U. It’s By U delivers DIY flower arrangement kits directly from the farm to U. Co-founders Caroline and Christine Strzalka will receive a $100,000 investment from Chloe Capital and the opportunity to pitch our co-funding partner, Astia Angels, for follow-on funding. Get the recap at ChloeCapital.com/tour-rochester.
Chloe Capital would like to thank the New York State Research and Development Authority (NYSERDA) for its contribution to supporting the movement. NYSERDA works with stakeholders throughout the Northeast including community leaders, university researchers, investors and entrepreneurs. NYSERDA partners with them to develop, invest and foster the conditions that attract private sector capital investment needed to expand our clean energy economy. Learn more at NYSERDA.ny.gov
Chloe Capital is a seed-stage VC firm that invests in women-led innovation companies. Founded by three women tech-trepreneurs, Chloe Capital made its first investment in October 2017 during the firm’s inaugural Women Investors Accelerator. Since, Chloe Capital has helped Mi Padrino secure major deals with Mattel and raise an additional $2 million. Chloe Capital is now venturing forward to advance solutions to the gender gap in entrepreneurship and venture capital, which is furthered by the firm’s investments and community programs.
Contact: Kathryn Cartini, Partner – firstname.lastname@example.org