LOS ANGELES, CA – October 30, 2019
For Immediate Release
Los Angeles (October 30, 2019 ) —First stop, Los Angeles on October 30, 2019, five female founders will light the stage up with their energy as they pitch to win up to $250,000. Witness the Movement in action as we have partnered with ECMC Foundation to fund women-led companies. The time is here to Invest In Women: Future of Work & Education.
These new funding opportunities are part of a National Tour for women-led innovation companies, which comes at a time when female founders receive less than 5 percent of all venture capital.
“We are very excited to be partnering with Chloe Capital to invest in women entrepreneurs,” said Jessica Haselton, director of program-related investments, ECMC Foundation. “The timing couldn’t be more relevant – the gap in funding is felt most acutely at the early stages of a company’s life cycle. We believe our catalytic investments will help expand market and financing opportunities for women entrepreneurs, and lead to increased representation in the education and workforce sectors.”
Here are the female founders selected to participate in this unique experience :
Founder / CEO, WeSolv WeSolv.com
WeSolv reduces hiring bias and helps connect companies to more diverse candidates. The platform allows candidates to showcase their skills. Competency is assessed through performance data from real projects.
Co-Founder / CEO, NODE Eco Node.eco
NODE Eco builds sustainable homes fast. Delivering beautiful homes with a guaranteed price, while activating a new workforce.
Katherine (Katy) Kappler
Co-Founder / CEO, InScribe InScribe.com
InScribe leverages the power of community + artificial intelligence to connect students to resources, answers and individuals they need to succeed. The platform provides on boarding assistance, curriculum support and career counseling.
Founder / CEO, Cell-Ed Cell-Ed.com
San Francisco, California
Cell-Ed offers a customized messaging platform for education providers and employers. 50+ customers are currently using the mobile solution to reach, teach, and upskill adult learners, including NYS, LA Public Library, SEIU and Chili’s Restaurants.
Co-Founder / CEO, Forefront Forefront.co
New York, New York
Forefront is a learning application for global and remote teams to train employees in intercultural literacy. Employees build better relationships with their peers and with customers around the world. Companies become more competitive and profitable.
These five finalists are leading companies that are innovative across education, career readiness, and workforce transformation. We invite the community to take action in supporting women-led ventures, leading growth within their local communities.
Chloe Capital and ECMC Foundation will invest up to $250,000 in women-led companies in three cities.
The Movement to Invest In Women hits Los Angeles, CA October 30, 2019 as finalists will pitch their ideas to a panel of investors that are ready to invest in female founders. ECMC Foundation, Chloe Capital and Los Angeles event sponsors: Michelson 20MM Foundation, Employment Technology Fund, ETF@JFFLabs, LearnLaunch are joining forces to #InvestInWomen.
Next stop, to Invest In Women: Future of Work & Education is February 6, 2020 in New Orleans, LA.
The third stop in the National Tour wraps up on May 19, 2020 in Charlotte, NC.
RSVP to witness female founders as they pitch to win up to $250,000 to invest into their companies.
Chloe Capital has performed thorough due diligence on each company. Experts assisted with business, technology, finance, market and IP analysis, which will be used by Chloe Capital and ECMC Foundation to make investment decisions.
In addition to receiving funding from ECMC Foundation and Chloe Capital, founders will gain visibility and connections to top-tier investors. “We’ve seen firsthand what female founders accomplish when connected with capital and networks and we’re excited about this opportunity to make an impact and an outsized financial return” said Elisa Miller-Out, partner, Chloe Capital.
Investor Panelists will provide feedback during the live pitch event. All of these investors are committed to investing in women-led companies. As part of our Movement to Invest In Women, we’re leading the way by recruiting the best talent, performing due diligence, making an early investment and presenting the opportunity. Since November 2017, Chloe Capital has helped our portfolio companies raise an additional $7M.
The investor panel represents active investors who are taking action towards Chloe Capital’s mission. Panelists include: Amon Anderson, Director, Acumen America; Isabelle Hau, Partner, Omidyar Network; Shauntel Garvey, Co-founder, Reach Capital; Jordan Wahbeh, Partner, Bay Angels; Diana Ingram, Board Member, ECMC Foundation.
As part of the Movement, Chloe Capital will drive business for these companies after the investment by tapping into its national network of 12,000 founders, investors and community leaders. Leading companies including HubSpot for Startups, Google for Startups, Ernst & Young, TriNet, and Cooley LLP are already paying it forward to support our female founders with professional services.
Chloe Capital has launched their #InvestInWomen tour for women-led companies with creative innovations and ideas in Education Innovation, College Success, Career Readiness and Workforce Transformation. “We are a part of national movement with a mission to increase investment opportunities for female founders, we are taking action in decreasing the gender gap in entrepreneurship and empowering women leaders with each step we take,” said Kathryn Cartini, partner, Chloe Capital.
Female founders are encouraged to apply for funding at ChloeCapital.com/funding. Companies do not need to be located in Los Angeles, New Orleans or Charlotte to pitch or receive investments.
Media and community members are also invited to attend all shows. RSVP here:
About ECMC Foundation___________
ECMC Foundation is a Los Angeles-based, nationally focused foundation whose mission is to inspire and facilitate improvements that affect educational outcomes—especially among underserved populations—through evidence-based innovation. It is one of several affiliates under the ECMC Group enterprise based in Minneapolis. ECMC Foundation makes investments in two focus areas: College Success and Career Readiness; and uses a spectrum of funding structures, including strategic grantmaking and program-related investments, to invest in both nonprofit and for-profit ventures. Working with grantees, partners and peers, ECMC Foundation’s vision is for all learners to unlock their fullest potential. ECMCFoundation.org
About Chloe Capital_______________
Chloe Capital is more than a VC firm – we’re a Movement. Despite recent progress, less than 5% of women-led companies receive venture capital in the U.S. Yet companies with women leaders statistically perform better and produce greater returns for investors. In partnership with foundations, universities and corporate innovators, Chloe Capital has set out on a national tour to #InvestInWomen. ChloeCapital.com