Chloe Capital is all about “investing in women-led, seed stage, tech and tech-enabled companies with a product in the market validated through early revenue and/or strategic partnerships.” To ensure distribution of funds across the United States, Chloe Capital partners with foundations, universities, and corporate innovators to create opportunities for women.
More than a VC firm – Chloe Capital is a Movement. Our mission is to decrease the gender gap in entrepreneurship and venture capital. We’re leading by example in partnership with ECMC Foundation to invest $1.25 million in female founders around the world. Congratulations to Jamee Herbert, Co-founder / CEO of BridgeCare for receiving Chloe Capital’s latest investment. Jamee received this opportunity for Rising Up during COVID-19 to help essential workers find and afford childcare. Learn more in this edition of #InvestInWomen >
Artificial Intelligence, Momtech, SaaS, FinTech and Augmented Reality scaleups to take the stage at Chloe Capital’s pitch event for women entrepreneurs
Five Women-led tech companies to pitch for funding; One will receive an investment from Chloe Capital
(RELEASE) Denver, CO – On Thursday, February 7, 2019, five of the top women-led tech companies in the nation will present their businesses to a room full of investors and community leaders during the Denver Women Investors Forum (ChloeCapital.com/tour-denver). We invite all media representatives to shine a light on this movement for equality in entrepreneurship.
Geospiza, Lilu, Pagedip, Zeta and VNTANA (company descriptions below) were selected from a national pool of over 1000 applicants. One of these companies will receive an investment from Chloe Capital. The company will be chosen during a pitch event from 5 – 8 PM at Industry RiNo Station, located at 3858 Walnut Street, Denver, CO. Supportive male allies are welcome and encouraged to join us. Tickets are on sale at CHLOESdenver.eventbrite.com.
According to Pitchbook, female founders receive only two percent of all venture capital in the U.S. Yet studies show, companies with female founders perform better than those of their male counterparts. On February 7, Chloe Capital aims to help women entrepreneurs with funding, connections and mentorship.
“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 see investing in women as a great opportunity.”
“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. Featured speakers represent Social Venture Circle, Next Wave Impact, Rockies Venture Club, Women Who Startup Foundation and more. 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:
Don’t miss your chance to support these innovation leaders. Register to attend at CHLOESdenver.eventbrite.com
The Denver Women Investors Forum is part of the Chloe Capital National Tour. In addition to Denver, CO, Investing Workshops and Pitch Events are scheduled in Chicago, IL, and Binghamton, NY. Women-led companies ready for venture funding should apply at ChloeCapital.com/tour.
It’s By U received our first investment of the Tour. 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. Get the recap at ChloeCapital.com/tour-rochester
Our second investment will go to Nineteenth Amendment. Co-founders Gemma Sole and Amanda Curtis are moving manufacturing to the cloud. Their revenue-generating SaaS platform for on-demand manufacturing and retailing helps brands pre-sell items directly to shoppers, and connect with vetted U.S. manufacturers. Over 1,000 brands in 30 counties, including Moody’s and Disney, work with Nineteenth Amendment. Get the recap at ChloeCapital.com/tour-boston
Both It’s By U and Nineteenth Amendment have already been selected to pitch our co-investing partner, Astia Angels, for follow-on funding.
Chloe Capital would like to thank our City Champions: P2B Investor, Peak Impact Consulting, Project X-ITE, Women’s Investor Network and the Women Who Startup Foundation.
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About Chloe Capital : chloecapital.com
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. Learn more at ChloeCapital.com/tour
Contact: Kathryn Cartini, Partner – kathryn@chloecapital.com
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
January 3, 2019
(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:
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
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About Chloe Capital : chloecapital.com
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 – kathryn@chloecapital.com
Agtech, SaaS, Gaming, AI and retailTech startups to shine at Chloe Capital’s pitch event for women in tech
1st movement of its kind in Upstate NY for women-led companies; Championed by The Entrepreneurs Network and Imagine Monroe
(RELEASE) New York, NY – On Tuesday, December 4th, 2018, five of the top early-stage, women-led tech companies in New York State will present their businesses to a room full of investors and community leaders during the Rochester Women Investors Forum (ChloeCapital.com/tour-rochester). Aimed at growing women-led companies, this event is the first of its kind in Upstate NY. We invite all media representatives to join us in shining a light on the movement for equality in entrepreneurship.
BetterBred, BrandVerge, Immersed Games, It’s By U and Outgift (descriptions below) were selected from a national pool of over 1000 applicants. One of these companies will be awarded $100,000.. The winner will be chosen during a pitch event from 5 – 8 PM at The Penthouse at One East Avenue. Tickets are on sale at CHLOESrochester.eventbrite.com.
According to Pitchbook, in 2017 female founders received 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 December 4, Chloe Capital, in partnership with The Entrepreneurs Network and Imagine Monroe, 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. So for us, investing in women-led innovation companies is an opportunity to do well by doing good,” said Elisa Miller-Out, Founding Partner at Chloe Capital. “The Entrepreneurs Network and Imagine Monroe were the first champions to step forward. Together we’re furthering the movement to decrease the gender gap in entrepreneurship and venture capital.”
Earlier in the day, accredited investors and founders at the helm of venture-backable companies are also invited to an Investing Workshop from 11:30AM – 4PM, also at The Penthouse at One East Avenue. World-class speakers will lead enrichment programming focused on localized investing in women leading innovation. Featured speakers include Dr. Michele Madansky, co-author of Elephant in Valley, a widely cited study on gender bias in Silicon Valley. Supportive male allies are welcome and encouraged to join us.
Enrollment for both sessions of the Rochester Women Investors Forum is filling up. Interested people are urged to sign up at CHLOESrochester.eventbrite.com.
“Working together, TEN and Chloe Capital are building a movement that supports women reaching their fullest potential and having opportunities equal to their male counterparts,” said Jean Kase, Executive Director of The Entrepreneurs Network. “Congratulations to the five women-led innovation companies selected for this investment opportunity.”
Here are the five NYS women-led tech companies competing for funding:
DNA-based conversation software preserving historic breeds and beloved pets. BetterBred gives the breakdown of a dog’s genetics: for purebreds, to predict future illnesses; for non-purebreds, to determine ancestry.
Marketplace + workflow tool that makes it easy for advertisers to plan premium media partnerships at scale. For media companies, BrandVerge will shorten the sales cycle for ad space, provide qualified leads, and have a higher consideration rate. For advertisers, BrandVerge will increase market transparency, streamline the process for selling ads, and lead to stronger performances for the ads.
Harnessing the engaging power of video games to create a next generation STEM learning platform. Their flagship product, Tyto Online, is a video game for middle school students to learn science content and skills. The company has sold over 26,000 copies of their smaller first product, received grants from the National Science Foundation and Department of Education, and was recently awarded investment from New York State through the 43North business competition.
DIY flower arrangement kits delivered from the farm to you. It’s By U sends everything you need to create your own flower arrangements: the farm-fresh flowers, tools, containers, and a streaming video lesson. The easy kits let you make your own gorgeous bouquets and centerpieces for weddings, holidays, and more.
A retailTech platform focused on finding the right gift for every occasion and person. Outgift uses A.I. against a thoughtfully curated library of brands and products to make recommendations based on each recipient’s unique preferences and interests. The engaging social platform enables users to connect with each other and discover what their loved ones truly want while still allowing them to surprise and delight.
Don’t miss your chance to support these innovation leaders. Register to attend at CHLOESrochester.eventbrite.com
The Rochester Women Investors Forum is part of the Chloe Capital National Tour. In addition to Rochester, NY, Investing Workshops and Pitch Events are scheduled in Boston, MA, Chicago, IL, Denver, CO and Binghamton, NY. Women-led companies ready for venture funding should apply at ChloeCapital.com/tour.
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About Chloe Capital : chloecapital.com
Chloe Capital is a seed-stage VC firm that invests in women-led innovation companies. Founded by three women tech-trepreneurs from Upstate NY, 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 : kathryn@chloecapital.com
About Imagine Monroe : imaginemonroe.org
It is the mission of Imagine Monroe to advance the job opportunities, health, general prosperity, and economic welfare of the people of Monroe County. This is accomplished by actively working to promote, attract, encourage, and develop recreation, economically sound commerce, and industry for the purpose of preventing unemployment and economic deterioration. Imagine Monroe will achieve this mission, utilizing the powers granted to it by New York State, by providing financial assistance to qualified projects. This assistance shall include conduit bond financing, lease/leasebacks, exemptions from taxation, and/or support to organizations with similar missions. Contact: Jeff Adair, Executive Director : jeffreyadair@monroecounty.gov
About The Entrepreneurs Network (TEN) : ten-ny.org
The Entrepreneurs Network is for startups who are commercializing scientific breakthroughs and new technologies, and small businesses who can scale by tapping new markets or expanding their product portfolios. This focus on growth potential drives powerful peer-to-peer learning, and leads to real-world success stories. TEN is business helping business. Entrepreneurs accepted into the program receive training and coaching from investors and business owners. Contact: Jean Kase, Executive Director : jeankase@ten-ny.org
Selects Founder of Mi Padrino, Mother of Five, for First Investment
NEW YORK, November 22, 2017 – Chloe Capital jumpstarts a venture capital fund focused on supporting women-led tech companies during their Women Investor Accelerator. The initiative brought together leading women entrepreneurs and pioneers in angel investing and venture capital for a two day educational and networking retreat. This unified effort has assisted in expanding opportunities, funding, and other resources for women entrepreneurs.
Photo by Heather Ainsworth
The launch of Chloe Capital’s mission comes at a time of increasing focus on the imbalance of resources available to women entrepreneurs. According to a recent study by the Diana International Research Network at Babson College, only 2.7% of all U.S. companies receiving venture capital have a woman CEO.
“Over my 20 year career as a serial entrepreneur in the tech space, I have personally experienced the gender gap in technology and entrepreneurship. Often, I’ve been the only woman in a room of hundreds of people,” said founding partner, Elisa Miller-Out. “We are building something new around women and technology, entrepreneurship, and diversity in tech. Chloe Capital’s mission is to have more diverse voices at the table building this future together.”
The name Chloe Capital is a combination of Elisa’s daughters’ names. “The idea is to empower our next generation and build a better future for all of our daughters and granddaughters. We are doing this so that they have the opportunity to follow their dreams and become entrepreneurs and investors, if they so choose, and be supported by a community of amazing female role models,” she added.
Kim Gamez is the CEO and Cofounder of Mi Padrino. After winning the seed investment during the Chloe Capital Women Investor Accelerator, Kim confessed having felt defeated at times until this milestone.
“I honestly was not expecting to win. I know I have a great platform, but I’ve been pitching mostly in the midwest where there are not a lot of female founders and predominantly only male investors. As a mother and woman business owner, I just haven’t felt understood,” said Gamez. “Now here I am, surrounded by a group of amazing, supportive women, who didn’t bat an eyelash when during the awards ceremony I was literally in the back corner breastfeeding my six-week-old! Could you imagine if I was in a room full of men? That would have been crazy,” she laughed. “I’m so honored. And all I can say is women, we can do this. We can do this together.”
Mi Padrino, is an event planning site focused on the Hispanic community. Based in Ann Arbor, Michigan, Mi Padrino launched in late June of this year and already has over 50,000 users on the platform.
As part of the launch, Chloe Capital unveiled a key partnership with Astia Angels that provides the winner with the opportunity to pitch Astia investors for a potential co-investment. Workshops during the Accelerator also engaged area innovators in a collaborative effort to understand the challenges and needs of women entrepreneurs.
“Our larger mission is to develop solutions that address the gender gap in technology, entrepreneurship and investing,” said Chloe Capital partner, Kathryn Cartini. “We want to see the numbers move from less than 5% of women founders being funded in the venture capital space, to 50% plus, which is where we are in the population.”
Chloe Capital saw their vision come to life during the Women Investor Accelerator. Women representing a diverse range of communities, including the African American, LatinX and Asian American communities, participated. These entrepreneurs, investors and supporters also included a vast age range. The Accelerator convened women from all over the world to take part in the mission. Representatives from Pipeline Angels, Astia Angels, NY Angels, Portfolia, Red Bear Angels, Plum Alley Investments, Gotham Gal, Golden Seeds, Ellevate and the Launch NY Seed Fund were all present.
The four other startup founders who participated in the Accelerator will continue to receive mentorship from Chloe Capital and their team of trusted advisors. These companies include:
Beseeq – Advertising and sales channel that lets advertisers send messages directly to target consumers, and pays consumers for watching ads. Advertisers pay the fee. Consumers own their data. CEO, Lisa Hammitt.
ExemptMeNow – Platform that makes creating and maintaining high-performance tax exempt organizations – simple. Revolutionizing the incorporation, exemption and compliance processes for nonprofits. CEO, Sevetri Wilson.
Mission 360 – On demand health community in partnership with fitness, yoga, and meditation studios and instructors. Allows users to stream their favorite videos anytime, from any device. CEO, Erin Sykes.
Raybaby – The world’s only non-contact health and sleep baby monitor, users can check baby’s vitals anytime with a mobile app. The submarine tech tracks respiration rate, and uses AI to infer sleep. Raybaby is a registered vendor for Target and Amazon, and the team is supported by Johnson & Johnson. CEO, Ranjana Nair.
View the complete program for the Chloe Capital Women Investor Accelerator here.
“Gender diversity and equality is not just a women’s problem. It’s a problem for all of us to address, and the solution will benefit all of us,” said Miller-Out. “This Accelerator was a test and a testament to the quality and quantity of entrepreneurs and investors ready to decrease the gender gap in women in tech. It’s clear we’ve tapped into something that is needed, and so important. We’re excited to be a part of it, and we cannot wait to see what happens next,” she added.
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About Chloe Capital
Chloe Capital is a micro-VC fund with a vision to advance entrepreneurship, investment and economic opportunities for women of all colors. We work with diverse teams who are building innovative, thriving companies with emerging technologies and shaping the future in exciting ways. Chloe Capital is located in Upstate NY – centered around some of the top research universities in the world. We’re open to investments and investors throughout the U.S. Learn more at ChloeCapital.com.
About Mi Padrino
Mi Padrino is an event planning site providing a simple alternative to traditional methods of organizing, planning and funding Hispanic events. We help people share event details with friends and family instantly, allowing them to take part in the celebration no matter where they are in the world. Learn more at MiPadrino.com.
Contact
Kathryn Cartini
Chloe Capital