Chloe Capital Announces Renewed Founder Fellowship Program to Empower Diverse Tech Founders in New York City

FOR IMMEDIATE RELEASE

New York City, NY – October 16, 2024 – Chloe Capital is proud to announce the launch of its continued Founder Fellowship partnership dedicated to supporting underrepresented tech founders across New York City. This innovative initiative aims to provide diverse entrepreneurs with the resources, mentorship, and funding necessary to scale their tech startups and drive meaningful change in the industry.

In 2025, Chloe Capital will select a diverse group of fifteen NYC-based startup teams to join its Founder Fellowship cohort and receive bespoke resources, access to industry leaders, and critical introductions to investors and partners. As part of the program, participants will engage in workshops, networking events, and mentorship sessions with seasoned professionals.

“We are thrilled to continue our partnership with Chloe Capital as a cohort operator for the Founder Fellowship program, supporting tech founders across New York City in scaling their startups,” said Fernando Montejo, VP of Innovation Industries at New York City Economic Development Corporation. “Chloe Capital’s commitment to empowering and investing in underrepresented entrepreneurs aligns seamlessly with the Founder Fellowship’s mission to foster a more inclusive and equitable tech ecosystem in our city.” 

Chloe Capital’s Founder Fellowship has already made a significant impact with its two previous cohorts, helping thirty-five founder teams to secure funding, gain valuable insights, and expand their networks. This year’s program promises to build on that success.

“Building off of our mission of inclusive ecosystem, we are thrilled to continue our multi-year partnership with NYCEDC and its trailblazing Founder Fellowship,” said Myneco Ramirez, Partner at Chloe Capital. “At Chloe Capital we believe that by empowering diverse perspectives and giving founders the tools they need to succeed, we unlock groundbreaking innovations that can reshape industries. We are excited to see the incredible ideas that this cohort will bring to life.”

Applications for the program are now open, and interested founders are encouraged to learn more and apply at www.chloecapital.com/nyc-2025.

Join us in supporting the next generation of diverse tech leaders and driving forward the future of innovation in New York City!

About the Founder Fellowship
The Founder Fellowship is a leading initiative focused on fostering diversity and inclusion within the tech industry. By providing underrepresented entrepreneurs with mentorship, resources, and funding, we aim to create a thriving ecosystem where diverse voices can innovate and succeed.

***

About Chloe Capital

Chloe Capital is a venture capital firm that invests in women-led technology companies. In addition to investing with a gender and diversity lens, Chloe Capital partners with universities, corporations and foundations like ECMC Foundation and the Richard King Mellon Foundation to host programs that help catalyze fundraising efforts for underrepresented founders. This collaborative approach to early stage investing has resulted in millions raised. Today, more than 50,000 people around the world have joined Chloe Capital’s Movement to #InvestInWomen. ChloeCapital.com 

For more information, interviews, or media inquiries, please contact Kristina Klaas at info@chloecapital.com.

Chloe Capital Announces Renewed Founder Fellowship Program to Empower Diverse Tech Founders in New York City2024-10-17T03:11:12+00:00

Chloe Capital Portfolio Company Spotlight: ShearShare

Check out the third edition of our new series spotlighting our remarkable portfolio companies and the work they are doing to disrupt their industries!

Today we want to highlight Courtney Caldwell, CEO and Co-Founder of ShearShare  – rent space to work anywhere for any price for the beauty & barbering industry!

Read on to learn more about Courtney and ShearShare!

✂️ What They Do: ShearShare is a B2B platform that connects salon, spa, and barbershop owners to individual stylists to fill their unused salon space on demand. Salon and barbershop owners make money on their empty suites and stations, and licensed cosmetologists and barbers get access to professional, affordable space to work without having to sign a long-term contract or work by commission. 

✂️ Why They Do It: As award-winning salon and barbershop owners, ShearShare was a problem that Courtney & the founding team was trying to solve for themselves. They quickly learned that 40% of salon and barbershop space goes unused every day, while the 1.6M licensed cosmetologists and barbers in the US are looking for flexible, affordable, professional space to work when and where they need it. They realized that we were on the right path when the “manual matching” they did for three years started to feel like a full-time job. This led them to build the first B2B mobile app that connects owners to pros to fill their empty space.

✂️ How We Met: Chloe Capital first reached out after ShearShare won the 43North competition in 2021. We were impressed with the experienced team and the vision to disrupt the salon industry.

✂️ Chloe Effect: Courtney says it best herself, “Chloe Capital has helped us in the most vital way – providing access to capital”. To pay it forward, ShearShare has plugged into our ecosystem by securing speakers for Chloe events and participating in both virtual and in-person meetups with the community.

✂️ What is Next for ShearShare: ShearShare has had a major year, securing notable clients such as JCPenney Salons, and partnerships with Lloyd’s of London and Mastercard. They’ve seen a 82% YoY increase in bookings and were awarded a 2024 Award of Excellence for Integrated Mobile Experiences from The Academy of Interactive and Visual Arts. There’s more on the horizon so stay tuned for updates!

Learn more about ShearShare at https://www.shearshare.com/

Chloe Capital Portfolio Company Spotlight: ShearShare2024-10-07T19:03:24+00:00

Chloe Capital Portfolio Company Spotlight: TalkMeUp

Check out the second edition of our new series spotlighting our remarkable portfolio companies and the work they are doing to disrupt their industries!

Today we want to highlight JJ Xu, CEO and Founder of TalkMeUp – an AI communication coach at your fingertips.

Read on to learn more about JJ and TalkMeUp!

🔊 What They Do: TalkMeUp leverages proprietary AI to blend effortlessly into customers’ workflows as a SaaS solution. Users benefit from instant and personalized feedback, while leaders gain valuable insights into team communication proficiencies. TalkMeUp’s AI-driven approach removes bias from the equation and the platform is built for scale, irrespective of geographical location. Their software is ideal for organizations that want to empower their teams with powerful communication skills, whether in retail, education, or hospitality, and across a range of roles from sales to customer service. 

🔊 Why They Do It: The idea for TalkMeUp originated from a survey JJ did while pursuing her MBA at Carnegie Mellon University. Communication training was ranked the most valuable resource for one’s career success, yet good and affordable training was hard to access. This sparked JJ’s mission to make cost effective, unbiased and measurable communication training accessible for all, leveraging AI technologies.

🔊 How We Met: JJ first met Chloe Capital in 2022 through an introduction from HearstLab, one of our incredible ecosystem partners. JJ was then selected to join our 2022 Invest in Women x Pittsburgh accelerator program.

🔊 Chloe Effect: TalkMeUp has benefited from our extensive network of partners. As JJ says, Chloe Capital is “wonderful [at] helping us strategize and make introductions to prospects and industry experts”. JJ has also actively given back to the Chloe Capital ecosystem, coming back to mentor the 2024 Invest in Women x Pittsburgh accelerator cohort.

🔊 What is Next for TalkMeUp: TalkMeUp has had an exciting year, being named as a Top 20 AI in Training Company by Training Industry. They’ve also maintained a 90% renewal rate since their product launched in Q1 2022, a testament to their client-centric approach to growth. Coming soon they’re launching upgraded content metrics that are context aware, providing users with a more personalized learning experience.

Learn more about TalkMeUp at https://www.talkmeup.co/

Chloe Capital Portfolio Company Spotlight: TalkMeUp2024-10-07T19:02:09+00:00

Chloe Capital Announces Investment in Pittsburgh-based Company, NOCTEM Health

FOR IMMEDIATE RELEASE

Pittsburgh, PA — September 4, 2024 – Chloe Capital is thrilled to announce its latest investment in NOCTEM Health, a cohort member in the 2024 Invest In Women x Pittsburgh accelerator. Invest In Women x Pittsburgh, a dynamic accelerator in collaboration with Ascender and powered by the Richard King Mellon Foundation, was designed to move capital to women and diverse founders in Allegheny and Westmoreland counties. 

The 2024 Invest In Women x Pittsburgh cohort welcomed five local, women-led innovation companies: Disability Media Network (Jennifer Price), Kloopify (Daniela Osio), Korion Health (Anna Li), NOCTEM Health (Anne Germain), and Peoples Energy Analytics (Destenie Nock). The cohort received access to critical resources, investor connections, mentorship, and support to help scale their operations and enhance their market reach. The program culminated in a Founder Showcase at Google Pittsburgh, welcoming more than 100 investors, community members, and prospective partners from across Pennsylvania, Chicago, and New York for an evening of celebration. During the Founder Showcase, attendees generated 240 direct introductions and connections for the participating cohort through Chloe Capital’s ecosystem building tool, Chloe Connect. 

To learn more about the 2024 Invest In Women x Pittsburgh cohort, click here. 

With the conclusion of the 2024 Invest In Women x Pittsburgh accelerator, Chloe Capital is excited to announce its investment in one of the cohort members: Anne Germain of NOCTEM Health. NOCTEM Health is creating digital solutions that drive patient workflows and scale the best and safest behavioral sleep treatments by 12X. 

“We could not be more thrilled to return to Pittsburgh for our second Invest In Women x Pittsburgh accelerator,” said Elisa Miller-Out, Managing Partner at Chloe Capital. “The Pittsburgh innovation community is on an unstoppable upward trajectory, with each new idea and diverse perspective driving unprecedented growth and possibilities for the future. Chloe Capital’s investment in NOCTEM Health underscores our ongoing commitment to fostering innovation and supporting the increasingly diverse and dynamic Pittsburgh entrepreneurial community.”

The 2024 Invest In Women x Pittsburgh program was made possible through our partnership with Ascender, and the generous support of the Richard King Mellon Foundation and extensive community of investors and mentors. Featured investors included Pia Sawhney (Armory Square Ventures), Ali Motroni (Align Impact Capital), Lauryn Poyser (Salesforce Venture Impact Fund), Ariella Frank (New Stack Ventures), and Heidi Diamond (Diamond Enterprises).

For more information about Chloe Capital, please visit www.chloecapital.com.

***

About Chloe Capital

Chloe Capital is a venture capital firm that invests in women-led technology companies. In addition to investing with a gender and diversity lens, Chloe Capital partners with universities, corporations and foundations like ECMC Foundation and the Richard King Mellon Foundation to host programs that help catalyze fundraising efforts for underrepresented founders. This collaborative approach to early stage investing has resulted in millions raised. Today, more than 50,000 people around the world have joined Chloe Capital’s Movement to #InvestInWomen. ChloeCapital.com 

Chloe Capital Announces Investment in Pittsburgh-based Company, NOCTEM Health2024-09-04T14:08:17+00:00

Chloe Capital Unveils Strategic Investments in Four New York City Entrepreneurs as part of its Second Founder Fellowship Cohort

FOR IMMEDIATE RELEASE

New York, NY  — August 19, 2024 – Chloe Capital proudly announces four new investments totaling $300,000 as part of its mission to empower early-stage entrepreneurs from diverse backgrounds through its Founder Fellowship cohort partnership with the New York City Economic Development Corporation (NYCEDC). These investments are aimed at fostering innovation, driving economic growth, and building a more inclusive entrepreneurial ecosystem to address inequities in NYC’s tech ecosystem. 

Chloe Capital’s 2024 Founder Fellowship cohort welcomed 15 startup teams from across New York City, of which 80% are women-led and 100% are diverse-led. The Fellows received access to critical resources, investor connections, mentorship, and support to help scale their operations and enhance their market reach. The program culminated in a Founder Showcase that welcomed more than 100 investors, community members, and prospective partners.

To view the full list of Chloe Capital’s 2024 Founder Fellows, click here. 

The companies selected for investment represent a wide array of industries, showcasing the creativity and resilience of diverse founders based in New York City. The four companies receiving investments are:

BOLDER MONEY

Amy Schultz, Co-Founder & Head Coach

Siddharth Singh, Co-Founder & CEO

boldermoney.com

Bolder Money is a chat based money-coaching platform for consumers who don’t work with financial advisors. Bolder helps consumers achieve their financial goals by addressing the emotional and behavioral side of money. Essentially Noom for money.

ELEKTRA HEALTH

Jannine Versi, Co-Founder & CEO

elektrahealth.com

Elektra Health’s digital platform offers evidence-based menopause telemedicine care, education, and community support to improve women’s post-reproductive health. Members are paired with dedicated women’s health clinicians who use Elektra’s proprietary care model to create personalized wellness plans. Elektra provides ongoing symptom and care navigation through clinically validated tools and patient engagement.

JOULEZ

Micah Berdale, CEO

drivejoulez.com

Joulez is an all Electric Vehicle rental and fleet management platform and operator based in NYC. They are dedicated to developing the software, technology and operations necessary for EVs to be successfully deployed in New York City and around the United States.

LILU

Adriana Vazquez-Ortiz, Co-Founder & Co-CEO

Sujay Suresh Kumar, Co-Founder & Co-CEO

wearlilu.com

Lilu is a women’s health company creating tech-enabled products to improve postpartum care for new moms. Their two product lines include the Omni Breast Pump, which uses patented breast massage technology to help moms pump 50% more milk, and the MilkSense Smart Bra + App, which provides data on breast health to support moms struggling with postpartum anxiety and depression. Both products aim to make breastfeeding more comfortable, efficient, and pain-free.

“We are thrilled to support these exceptional entrepreneurs who are not only driving innovation but also addressing critical social issues that disproportionately impact underrepresented communities,” said Myneco Ramirez, Partner at Chloe Capital. “By investing in diverse founders that are solving some of the most challenging problems we face today, we are committed to creating a more equitable and inclusive business landscape within New York City.”

Chloe Capital’s innovative accelerator model is dedicated to providing resources, mentorship, and a collaborative network to help diverse, tech-enabled Seed through Series A entrepreneurs thrive. This latest round of investments reflects Chloe Capital’s ongoing commitment to fostering its mission of inclusive ecosystem building at scale.

For more information about Chloe Capital, please visit www.chloecapital.com.

***

About Chloe Capital

Chloe Capital is a venture capital firm that invests in women-led technology companies. In addition to investing with a gender and diversity lens, Chloe Capital partners with universities, corporations and foundations like ECMC Foundation and the Richard King Mellon Foundation to host programs that help catalyze fundraising efforts for underrepresented founders. This collaborative approach to early stage investing has resulted in millions raised. Today, more than 50,000 people around the world have joined Chloe Capital’s Movement to #InvestInWomen. ChloeCapital.com

Chloe Capital Unveils Strategic Investments in Four New York City Entrepreneurs as part of its Second Founder Fellowship Cohort2024-08-29T17:14:10+00:00

Chloe Capital Portfolio Company Spotlight: it’s electric

We are excited to launch a new series spotlighting our remarkable portfolio companies and the work they are doing to disrupt their industries!

Today we want to highlight Tiya Gordon, COO and Co-Founder of it’s electric – curbside EV charging specifically built for cities.

Read on to learn more about Tiya and it’s electric!

🔌 What They Do: it’s electric has crafted a public charging solution to address the infrastructural and environmental justice barriers cities face in the deployment of electric vehicle charging. Instead of requiring costly and time consuming new utility connections, their charging posts connect behind-the-meter to draw spare electrical supply from adjacent buildings. With a critical focus on frontline and disadvantaged communities, it’s electric is bringing affordable, equitable, curbside, EV charging to the millions of city drivers across the United States who cannot charge at home.

🔌 Why They Do It: With 20 years of experience in design, leadership, and operations across a range of disciplines, Tiya is leveraging her expertise to wage war against the Climate Crisis. While building it’s electric, Tiya has had many signs and signals that reinforced that she was on the right path, but the one she was most floored by was winning Fast Company’s “Next Big Thing in Tech” Award and being recognized as a product that will define technological innovation for the rest of this decade and beyond.

🔌 How We Met: Tiya first met Chloe Capital in 2022 and she was then selected as one of 20 founders for our inaugural NYCEDC Founder Fellowship Program. Through the program Tiya received mentorship from our ecosystem of experts and ultimately participated in a showcase in front of numerous investors, receiving investment from us as well as many others.

🔌 Chloe Effect: As a Chloe Capital cohort member and portfolio company, it’s electric gets access to our network of 50,000 ecosystem partners. Tiya says it best herself, “Chloe Capital has been nothing short of a powerhouse of a network. Anyone we might need, [they] seem to know”. 

🔌 What is Next for it’s electric: it’s electric just closed their $6.5mm seed round, co-led by Uber, which will support deployment across seven cities in the United States this year, including Boston, LA, Detroit, Jersey City, and SF. They’re particularly excited about their expansion into Boston where, supported by the Boston Transportation Department, they plan to deploy hundreds of chargers in the next five years. (Read more about these recent announcements in Fortune and The EV Report.)

Learn more about it’s electric at https://www.itselectric.us/

Chloe Capital Portfolio Company Spotlight: it’s electric2024-08-12T14:36:58+00:00

Building Together: Pittsburgh’s Community-Powered Showcase to Elevate Women Founders

Building Together: Pittsburgh’s Community-Powered Showcase to Elevate Women Founders

FOR IMMEDIATE RELEASE

Pittsburgh, PA, May 3, 2024 –

Pittsburgh is home to companies not watching the future unfold but building it. Chloe Capital, a Movement-driven venture capital firm with a national investment lens, invites the Pittsburgh and Pennsylvania community to join us for our INVEST IN WOMEN x PITTSBURGH FOUNDER SHOWCASE (InvestInWomenPittsburgh.eventbrite.com) on Wednesday, May 8 from 5-7:30pm at Google Pittsburgh. 

ABOUT THE PROGRAM

Invest In Women x Pittsburgh, a dynamic accelerator in collaboration with Ascender and powered by the Richard King Mellon Foundation, empowers emerging entrepreneurs by providing vital resources and unwavering support to fuel the growth of their ventures. 

Cohort members get multiple 1:1 national investor networking opportunities, mentor sessions, and a growth kit equipped with thousands of dollars in discounts to vendors and service providers to power up their progress.  

MORE THAN A SHOWCASE

The Founder Showcase promises a glimpse into the remarkable progress and groundbreaking projects undertaken by these driven individuals, offering a prime opportunity to connect with fellow founders, visionary investors, and influential members of the business landscape.

Growth for any startup requires investors and community members to collectively open doors of rooms, people, and ideas to help expedite their growth. On  May 8th 2024, the Invest In Women program invites Pittsburgh and surrounding areas to the Founder Showcase, at Google in Bakery Square. This is more than just a showcase; this is a new way to elevate founders by drawing from our collective expertise to power up our founders to reach their next milestones. 

ENGAGE WITH NON-LOCAL VISIONARY INVESTORS

In addition to hearing from the five talented cohort companies, featured investors for INVEST IN WOMEN x PITTSBURGH include Pia Sawhney (Armory Square Ventures), Ali Motroni (Align Impact Capital), Lauryn Poyser (Salesforce Venture Impact Fund), Ariella Frank (New Stack Ventures), and Heidi Diamond (Diamond Enterprises). Each of these Co-Investors is from outside of the Pittsburgh ecosystem and brings expertise and interest in empowering a more diverse, interconnected ecosystem. These out-of-town funders bring in outside perspective, visibility, and capital to the Pittsburgh region. Attend to meet them during the program and reception. 

The featured Co-Investor Panelists will also engage with the community through a reverse pitch: a featured quick pitch about their funding/investment thesis, industry focus, and opportunities to connect. 

Investors and community members are invited to the Founder Showcase, which will take place May 8, 2024 at 5 p.m. (et) at Google Pittsburgh, located at 6425 Penn Avenue Pittsburgh, PA 15206. Advanced registration is required.

Space is limited. RSVP > InvestInWomenPittsburgh.eventbrite.com

MEET THE CHANGEMAKERS.

The founders selected to participate in INVEST IN WOMEN x PITTSBURGH are:

ANNE GERMAIN, PhD | NOCTEM Health, CEO & Founder

noctemhealth.com

Allegheny County, Pittsburgh, PA

NOCTEM Health is creating digital solutions that drive patient workflows and scale the best and safest behavioral sleep treatments by 12X. Carpe Noctem!

ANNA LI | Korion Health, CEO & Co-Founder

korionhealth.com

Allegheny County, Pittsburgh, PA

Korion Health is enabling at-home health screenings in a technically and culturally competent way to reduce preventable deaths from heart disease.

DESTENIE NOCK | Peoples Energy Analytics, Founder & CEO

peoplesenergyanalytics.com

Allegheny County, Pittsburgh, PA

Peoples Energy Analytics is a SaaS platform utilizing an algorithm capable of analyzing energy use data from millions of households which provides a unique understanding of the energy challenges of the people living in those homes.

DANIELA OSIO | Kloopify, Co-Founder & CEO

kloopify.com

Allegheny County, Pittsburgh, PA

Kloopify provides value chain visibility and leverages the right impact data to drive reductions by integrating into procurement activities, from contract management to SRM – Operationalizing sustainability within procurement.

JENNIFER PRICE | Disability Media Network, Founder & CEO

dimenetworktv.com

Westmoreland County, Murrysville, PA

Disability Media Network is a streaming network with entertaining content by and for the disabled community. They are a one-stop shop for businesses seeking a disabled audience and disabled viewers seeking relatable content.

The INVEST IN WOMEN x PITTSBURGH FOUNDER SHOWCASE will also feature Ascender member company, Asher Informatics, and its co-founders Charlotte Kalafut and John Kalafut.  

As part of the Founder Showcase attendees will be encouraged to offer up opportunities, resources, or introductions to help support the growth and success of the presenting companies. Attendees will also be invited to connect with the  participating Co-Investor Panelists. 

“Every founder has a story that could change the world. Since no one is an island, I challenge the community to collectively propel their ventures and share what you’re working on at this exciting event,” says Nadyli Nuñez, Executive Director at Ascender. “One new connection can completely change a founder’s trajectory – be a part of that movement because I can assure you, you’ll be part of that success too.”

Register today! (InvestInWomenPittsburgh.eventbrite.com)

Contact

For media inquiries and more information about Chloe Capital and the 2024 Invest In Women x Pittsburgh accelerator, participating founders and Co-Investor Panelists, please contact:

Kristina Klaas, Operating Partner, Chloe Capital

info@chloecapital.com

About Chloe Capital

Chloe Capital is a venture capital firm that invests in women-led technology companies. In addition to investing with a gender and diversity lens, Chloe Capital partners with universities, corporations and foundations like ECMC Foundation and the Richard King Mellon Foundation to host programs that help catalyze fundraising efforts for underrepresented founders. This collaborative approach to early stage investing has resulted in millions raised. Today, more than 40,000 people around the world have joined Chloe Capital’s Movement to #InvestInWomen. ChloeCapital.com 

About Ascender

Ascender, a 501(c)3 located in East Liberty, is Pittsburgh’s vibrant community dedicated to fostering collective success, and empowering tech, tech-enabled, and mainstreet founders to achieve their full potential. Through an unwavering “listen more than tell” approach, financial focus, dynamic education programming, and an integrated coworking community hub, Ascender provides a safe place and collaborative support for entrepreneurs at the early stages of their journey.  Ascenderpgh.com 

About the Richard King Mellon Foundation

Founded in 1947, the Richard King Mellon Foundation is the largest foundation in Southwestern Pennsylvania, and one of the 50 largest in the world. The Foundation’s 2020 year-end endowment was $3.1 billion, and its Trustees in 2020 disbursed $130 million in grants and Program Related Investments. The Foundation focuses its funding on six primary program areas, delineated in its 2021-2030 Strategic Plan. RKMF.org 

###

Building Together: Pittsburgh’s Community-Powered Showcase to Elevate Women Founders2024-05-03T13:19:08+00:00

Chloe Capital Announces Five Pittsburgh-area Founders Selected for Accelerator

Five Women-Led Companies Receive Access to Capital, Resources and Networks

FOR IMMEDIATE RELEASE

Pittsburgh, PA, April 17, 2024 –Chloe Capital, a Movement-driven venture capital firm, has selected five women-led technology companies to participate in INVEST IN WOMEN x PITTSBURGH this Spring. This unique fundraising experience for underrepresented founders is in partnership with Ascender, a nonprofit incubator for Pittsburgh’s entrepreneurs, and supported by the Richard King Mellon Foundation.

The Pittsburgh technology ecosystem is attracting new and exciting companies and investors.  Despite a national decline in venture capital fundraising, “Pittsburgh saw the second-highest year on record investment in its tech economy,” according to a recently released report by Ernst & Young LLP (EY US) and Innovation Works. 

To help move the needle, five women entrepreneurs from the Pittsburgh area have been chosen to participate in INVEST IN WOMEN x PITTSBURGH. Each receives the opportunity to connect with national leaders across industries, hear critical feedback on how to grow their businesses, and potentially receive investment from Chloe Capital and the Firm’s community of impact investors. By the end of the program, Chloe Capital will make at least one investment in a company located in, or willing to relocate to, Allegheny or Westmoreland counties. 

Investors and community members are invited to the Founder Showcase, which will take place May 8, 2024 at Google in Bakery Square. This is more than just a showcase; this is a new way to elevate founders by drawing from our collective expertise to power up our founders to reach their next milestones. More details to come. 

“The caliber of applicants for the 2024 Invest In Women x Pittsburgh cohort was outstanding,” said Chloe Capital Managing Director, Elisa Miller-Out. “The applicants represented a wide-variety of industries and showcased the catalytic growth within the Pittsburgh innovation ecosystem over the last two years.”

The inaugural Invest In Women x Pittsburgh program took place in 2022 and the five participating cohort companies went on to raise over $9.5 million. Chloe Capital continues to provide access to mentorship, investor introductions, and resources. 

The founders selected to participate in the second INVEST IN WOMEN x PITTSBURGH program include:

ANNE GERMAIN, PhD | NOCTEM Health, CEO & Founder

noctemhealth.com

Allegheny County, Pittsburgh, PA

NOCTEM Health is creating digital solutions that drive patient workflows and scale the best and safest behavioral sleep treatments by 12X. Carpe Noctem!

ANNA LI | Korion Health, CEO & Co-Founder

korionhealth.com

Allegheny County, Pittsburgh, PA

Korion Health is enabling at-home health screenings in a technically and culturally competent way to reduce preventable deaths from heart disease.

DESTENIE NOCK | Peoples Energy Analytics, Founder & CEO

peoplesenergyanalytics.com

Allegheny County, Pittsburgh, PA

Peoples Energy Analytics is a SaaS platform utilizing an algorithm capable of analyzing energy use data from millions of households which provides a unique understanding of the energy challenges of the people living in those homes.

DANIELA OSIO | Kloopify, Co-Founder & CEO

kloopify.com

Allegheny County, Pittsburgh, PA

Kloopify provides value chain visibility and leverages the right impact data to drive reductions by integrating into procurement activities, from contract management to SRM – Operationalizing sustainability within procurement.

JENNIFER PRICE | Disability Media Network, Founder & CEO

dimenetworktv.com

Westmoreland County, Murrysville, PA

Disability Media Network is a streaming network with entertaining content by and for the disabled community. They are a one-stop shop for businesses seeking a disabled audience and disabled viewers seeking relatable content.

“Each year Ascender impacts hundreds of entrepreneurs across many industries,” said Nadyli Nuñez, executive director at Ascender. “Through our continued partnership with Chloe Capital and the Richard King Mellon Foundation we’re honored to highlight some of the region’s top performing, technology companies that are also led by women. The talent is beyond impressive and I’m excited to witness the growth of these companies over the next few months.” 

Economic development has been a primary focus of the Richard King Mellon Foundation since its founding, and the Foundation’s Strategic Plan includes a specific focus on entrepreneurship as an essential pillar of its economic-development efforts. The Foundation’s renewed investment in the Invest In Women x Pittsburgh accelerator demonstrates a commitment to building the region’s entrepreneurial and innovation ecosystem and creating opportunities for under-represented groups to jumpstart or grow entrepreneurship efforts.” 

For media inquiries and more information about Chloe Capital and the 2024 Invest In Women x Pittsburgh accelerator, please contact:

Contact

Kristina Klaas, Operating Partner, Chloe Capital

info@chloecapital.com

About Chloe Capital

Chloe Capital is a venture capital firm that invests in women-led technology companies. In addition to investing with a gender and diversity lens, Chloe Capital partners with universities, corporations and foundations like ECMC Foundation and the Richard King Mellon Foundation to host programs that help catalyze fundraising efforts for underrepresented founders. This collaborative approach to early stage investing has resulted in millions raised. Today, more than 40,000 people around the world have joined Chloe Capital’s Movement to #InvestInWomen. ChloeCapital.com 

About Ascender

Ascender, a 501(c)3 located in East Liberty, is Pittsburgh’s vibrant community dedicated to fostering collective success, and empowering tech, tech-enabled, and mainstreet founders to achieve their full potential. Through an unwavering “listen more than tell” approach, financial focus, dynamic education programming, and an integrated coworking community hub, Ascender provides a safe place and collaborative support for entrepreneurs at the early stages of their journey.  Ascenderpgh.com 

About the Richard King Mellon Foundation

Founded in 1947, the Richard King Mellon Foundation is the largest foundation in Southwestern Pennsylvania, and one of the 50 largest in the world. The Foundation’s 2020 year-end endowment was $3.1 billion, and its Trustees in 2020 disbursed $130 million in grants and Program Related Investments. The Foundation focuses its funding on six primary program areas, delineated in its 2021-2030 Strategic Plan. RKMF.org 

###

Chloe Capital Announces Five Pittsburgh-area Founders Selected for Accelerator2024-04-17T21:16:21+00:00

Chloe Capital Announces Renewed Founder Fellowship Program for NYC-Based Tech Startups

Chloe Capital Announces Renewed Founder Fellowship Program for NYC-Based Tech Startups

FOR IMMEDIATE RELEASE

New York, NY, November 6, 2023 –  Chloe Capital, a seed-stage venture capital firm committed to advancing underrepresented entrepreneurs in the technology sector, is thrilled to announce its renewed Founder Fellowship accelerator in partnership with the New York City Economic Development Corporation (NYCEDC). This program is set to empower and accelerate diverse founders in the vibrant ecosystem of New York City.

Chloe Capital, known for its dedication to closing the gender and diversity gap in innovation, has a remarkable track record of supporting visionary founders tackling some of the world’s most pervasive problems. The renewed 2024 Founder Fellowship program represents their commitment to achieving Chloe Capital’s vision.

“I am thrilled to continue our partnership with the terrific team at Chloe Capital in 2024 for another installment of the Founder Fellowship. Together, we are committed to empowering a diverse community of startup founders with the tools they need to scale their enterprises, while fostering innovation that drives inclusive economic growth in New York City.”  – Fernando Montejo, Assistant Vice President, NYCEDC

The 2024 Founder Fellowship builds on the momentum and community built through our partnership with NYCEDC and the cohort in 2023. Myneco Ramirez, partner at Chloe Capital, is ecstatic to spotlight the innovative companies and diverse founders throughout New York City. She recently shared “the renewed NYCEDC Founder Fellowship fuels our shared passion for innovation. Together, we’re not just building a vibrant and diverse entrepreneurial ecosystem; we’re writing the future of possibility, one company at a time.”

ABOUT THE 2024 FOUNDER FELLOWSHIP

Chloe Capital’s 2024 Founder Fellowship is a comprehensive program designed to provide diverse and women-led tech startups with the resources, mentorship, and funding necessary to drive innovation, create groundbreaking solutions, and succeed in a competitive tech landscape. 

Chloe Capital will be selecting 15 companies to participate in its 2024 cohort. The Chloe Capital cohort will feature Seed through Series A technology or technology-enabled companies led by underrepresented founders.

The program will include several key components:

  • Mentorship and Investor Networking: Participants in the 2024 Founder Fellowship will gain access to Chloe Capital’s extensive network of industry experts, mentors, and advisors. This guidance and support will help entrepreneurs navigate the complex world of startups.
  • Showcase Events and Demo Days: The program will feature events and demo days, offering women-led startups the opportunity to showcase their innovations to potential investors, partners, and customers.
  • Educational Workshops: Entrepreneurs in the program will have access to workshops and educational resources focused on critical topics such as fundraising, scaling, and building a diverse and inclusive company culture.
  • Community Building: The Founder Fellowship will foster a strong sense of community among the cohort, creating a supportive ecosystem where women entrepreneurs can share knowledge, experiences, and inspiration.
  • Direct Investment: By the end of the program, Chloe Capital will commit at least $300,000 in direct investments. On average, participants in a Chloe Capital program each go on to raise $2,000,000 within a year, catalyzed by visibility and introductions to the firm’s world-wide network.

Demonstrating the impact of the accelerator program, Dr. Michael Conward, Chief Technology Officer & Co-founder of MyLÚA Health shared “The lessons, connections, and opportunities we’ve garnered through Chloe Capital’s Founder Fellowship are immeasurable and foster inclusivity. Beyond the program, their seed investment in our company stands as a powerful statement to their dedication to backing diverse, impactful solutions in the tech world.”

2024 FOUNDER FELLOWSHIP TIMELINE

  • Applications Open: October 5, 2023  (Founder Fellowship details)
  • Information Session: November 8, 2023 at 2pm EST (Register here)
  • Applications Close: December 5, 2023
  • Cohort Selection: January – February, 2024
  • Fellowship Hybrid Program: March – June, 2024
  • In-Person Showcase: June 2024

2023 FOUNDER FELLOWSHIP SUCCESS

Chloe Capital first partnered with NYCEDC as part of its 2023 Founder Fellowship program. Through this program, Chloe Capital hosted its largest cohort ever: 20 teams representing some of the most innovative technology companies across New York City. Following the four-month program, Chloe Capital committed $375,000 in direct investments for seven (7) of the participating companies: HandsDown, Itselectric, MediJobs, Moodbit, MyLua Health, Onramp, WEST X EAST.

For media inquiries and more information about Chloe Capital and the 2024 Founder Fellowship, please contact:

Contact

Kristina Klaas, Operating Partner, Chloe Capital

info@chloecapital.com

ABOUT CHLOE CAPITAL

Chloe Capital is a venture capital firm that invests in women-led technology companies. In addition to investing with a gender and diversity lens, Chloe Capital partners with universities, corporations and foundations like ECMC Foundation and the Richard King Mellon Foundation to host programs that help catalyze fundraising efforts for underrepresented founders. This collaborative approach to early stage investing has resulted in millions raised. Today, more than 25,000 people around the world have joined Chloe Capital’s Movement to #InvestInWomen. www.ChloeCapital.com 

ABOUT NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION

New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city’s future economy. To learn more about what we do, visit us on Facebook, Twitter, LinkedIn, and Instagram.

###

Chloe Capital Announces Renewed Founder Fellowship Program for NYC-Based Tech Startups2023-11-08T18:22:05+00:00

Chloe Capital Selected as an Emerging Impact Manager for the Prestigious ImpactAssets 50™ 2023 List

Chloe Capital Selected as an Emerging Impact Manager for the Prestigious ImpactAssets 50™ 2023 List 

From left to right:  Erica O’Brian, Elisa Miller-Out, Myneco Ramirez. (Photo credit: Jill Farrar)

FOR IMMEDIATE RELEASE
April 11, 2023

Ithaca, NY – Chloe Capital, a mission-driven venture capital firm focused on investing in women-led technology companies, is proud to announce its selection as an Emerging Impact Manager (EIM) for the esteemed ImpactAssets 50™ 2023 (IA 50). This recognition showcases Chloe Capital’s commitment to empowering women and underrepresented founders while driving positive social and environmental impact through strategic investments.

The ImpactAssets 50™ is an annually updated list that recognizes the top 50 impact investment fund managers worldwide. Since its inception in 2011, the IA 50 has become a trusted resource for impact investors, family offices, and financial advisors seeking to align their investment portfolios with sustainable and impact-driven objectives. The selection process is highly competitive, and inclusion in the list highlights Chloe Capital’s dedication to delivering exceptional financial returns alongside measurable, positive impact.

“We are honored to be recognized as an Emerging Impact Manager by ImpactAssets,” said Elisa Miller-Out, Managing Director at Chloe Capital. “This accolade acknowledges our commitment to supporting women-led technology companies and fostering a more inclusive and diverse startup ecosystem. We believe that investing in diverse founders is not only a moral imperative but also a smart business decision that yields significant social and economic benefits.” 

Chloe Capital’s inclusion in the IA 50™ 2023 is a result of its rigorous impact investment strategy, which combines comprehensive due diligence, active portfolio management, and a focus on businesses that address the United Nations Sustainable Development Goals (SDGs). By targeting companies with the potential to create substantial social and environmental change, Chloe Capital aims to deliver market-rate returns while driving transformational impact on a global scale. This recognition underscores the firm’s commitment to making a positive difference in the world through impact investing. 

“I’m a proud supporter of Chloe Capital and congratulate the team on making the list”, said Evan Segal from the Segal Family Foundation. “Their approach to impact investing is rooted in a belief that diverse teams lead to better outcomes, both in terms of financial performance and social impact. Their inclusion in the IA 50 list is a testament to Chloe Capital’scommitment to creating positive impact through their investment strategy and their potential to become a significant player in the impact investing space.”

The IA 50 selection committee, consisting of industry experts and leaders in the impact investing space, evaluates fund managers based on their track record, impact measurement, and investment approach. Chloe Capital’s recognition as an EIM underscores its potential to become a leader in the impact investing sector and reflects its commitment to creating a more equitable and sustainable world.

Chloe Capital’s investment thesis has already been proven. Chloe Capital’s portfolio is targeted towards companies with at least one leader who identifies as a woman, and at least 50% of their companies have at least one leader from an additional underrepresented group. Even before closing its first Fund, Chloe Capital has experienced 4 Mergers & Acquisitions transactions and a full liquidity event and exit. Chloe Capital’s track record of success demonstrates that through impact investing it is possible to help close the gender gap in entrepreneurship and create more equitable opportunities for underserved founders all while making significant returns.

For more information about Chloe Capital and its impact investment strategy, visit their IA 50 2023 profile here.

About Chloe Capital

Chloe Capital is a movement-driven venture capital firm investing with a gender and diversity lens. We focus on diverse women tech leaders who are solving the world’s biggest problems across climate, education and health. Our superpower is our ecosystem-building work. Our accelerator programs allow us to access unique deal flow, enhance visibility and provide networks and resources for our founders throughout the #InvestInWomen Tour. For more information, visit www.chloecapital.com. Past performance is not a guarantee of future results.

About the ImpactAssets 50 

The IA 50 is the first publicly available database that provides a gateway into the world of impact investing for donors and/or investors and their financial advisors, offering an easy way to identify experienced impact investment firms and explore the landscape of potential investment opportunities. The IA 50 is intended to illustrate the breadth of impact investment fund managers operating today, though it is not a comprehensive list. Firms have been selected to demonstrate a wide range of impact investing activities across geographies, sectors and asset classes. 

The IA 50 is not an index or investable platform and does not constitute an offering or solicitation to buy or sell securities or a private placement, or recommend specific products. Nor is this an endorsement of any of the listed fund managers. It is not a replacement for due diligence. To be considered for the IA 50 2023, fund managers needed to have at least $25 million in assets under management, more than three years of experience as a firm with impact investing, documented social and/or environmental impact and be available for US investment. Additional details on the selection process are available here.

The IA 50 Emerging Impact Managers list is intended to spotlight newer fund managers to watch that demonstrate potential to create meaningful impact. Criteria such as minimum track record or minimum assets under management may not be applicable. 

The IA 50 Emeritus Impact Managers list illuminates impact fund managers who have achieved consistent recognition on the IA 50. 

About ImpactAssets

ImpactAssets is an impact investing trailblazer, dedicated to changing the trajectory of our planet’s future and improving the lives of all people. We empower impact investors and philanthropists with access to investing opportunities and customized solutions that promote positive change. ImpactAssets has more than $2 billion in assets in 1,700 donor advised fund accounts, working with purpose-driven individuals and their wealth managers, family offices, foundations and corporations. ImpactAssets is an independent 501(c)(3) organization.

Media Contact:

Elisa Miller-Out
Managing Partner
Chloe Capital
info@chloecapital.com
www.chloecapital.com

Chloe Capital Selected as an Emerging Impact Manager for the Prestigious ImpactAssets 50™ 2023 List2023-04-07T16:25:07+00:00

Join the Movement

Start receiving investment, funding, and accelerator news & opportunities.

badge
Legal Disclaimer
Go to Top