Less than 5% of venture capital goes to women-led tech companies;
It’s time to stop talking about the gender gap, and start advancing solutions to correct it.
(RELEASE) Chicago, IL – Chloe Capital is proud to support a movement that helps women entrepreneurs receive opportunities equal to our male counterparts.
On Thursday, April 4, 2019, five women-led innovation companies will present their companies for their chance at a $100,000 investment. Finalists will also meet members of Chloe Capital’s national network of co-investors and supporters.
Journey Foods, Paladin, PopCom, TraknProtect and Unruly Studios (company descriptions below) were selected from a national pool of over 1500 applicants.
This pitch event is part of the first ever Chicago Women Investors Forum. The presentations will take place from 5-8 p.m. at the Salt Flats Innovation House, located at 113 N. May Street. The public is invited to attend. Tickets are on sale now. ChloeCapital.com/tour-chicago
According to a new article released by Fortune this year, funding for female founders has stalled at 2.2% of venture capital dollars. “That’s 2.2% of the $130 billion total in venture capital money invested over the year—the exact same percentage that Fortune reported for 2017.
“Ever since I started my career as a serial tech entrepreneur, I’ve seen firsthand how female founders are getting overlooked, and underestimated,” said Elisa Miller-Out, Founding Partner at Chloe Capital. “We’re coming to Chicago to invest in women with funding, connections and mentorship.”
“Chloe Capital has has over 10,000 supporters in our national network. All of them have raised their hand in support of our mission. This makes Chloe Capital more than a venture capital firm – we’re a Movement,” added Kathryn Cartini, Partner at Chloe Capital.
Congratulations to the companies selected to participate in the Chicago Women Investors Forum on Thursday, April 4, 2019.
Journey Foods (Chicago, IL)
Riana Lynn, Founder / CEO
AI-based foodtech. Journey Foods is revolutionizing on-the-go nutrient consumption using food-forward biotechnology.
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Paladin (Chicago, IL)
Kristen Sonday, Co-founder / COO
Global pro bono platform streamlining the process and increasing access to justice for all. Clients include Verizon, Lyft and Dentons.
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PopCom (Columbus, OH)
Dawn Dickson, Founder / CEO
Tech company using SaaS to disrupt self-service retail. PopCom is automating retail, making vending machines smart.
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TraknProtect (Chicago, IL)
Parminder Batra, Co-founder / CEO
Safety solutions for hospitality workers. Servicing the Hilton, Embassy Suites, Marriott Fairfield Inn and more.
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Unruly Studios (Boston, MA)
Bryanne Leeming, Founder / CEO
Teaching kids 6+ how to code through active, recess-style play. The team has industry experience from Hasbro, Mattel, Nickelodeon, Disney and iRobot.
The pitch will culminate in a day of investor-led conversations about how to address inequality in entrepreneurship. Leaders in angel investing and venture capital will host an Investing Workshop on Thursday, April 4, 2019. The Workshop is for all founders (male and female). It will be held at Salt Flats on 113 N. May Street from 11:30-4PM.
Founders at the helm of high-growth companies will learn from members of Chloe Capital’s national network of co-investors including Sixense Strategy, FinFoundHer, Human Ventures, Social Venture Circle and more. Please let the founders in the Chicago area know about this unprecedented opportunity. With your help, they can receive action-based advice on how to grow their companies from leaders in angel investing and venture capital. Founders can register here for the Workshop here: CHLOESchicago.eventbrite.com.
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About Chloe Capital : chloecapital.com
Chloe Capital is a seed-stage VC firm advancing solutions to the gender gap in entrepreneurship. Despite recent progress, less than 5% of all venture capital in the U.S. goes to women-led companies. Chloe Capital invests in women entrepreneurs with money and education – and we’re making our next five investments on the Chloe Capital National Tour. Congratulations to It’s By U, Nineteenth Amendment and Geospiza for receiving investments on the Tour. Next investments will be announced in Chicago, IL on April 4, 2019, and Binghamton, NY on May 1, 2019 during the Southern Tier Startup Summit.
Contact : Kathryn Cartini, Partner : kathryn@chloecapital.com