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 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 

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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

Women-Owned Venture Capital Firm from NY Commits $300,000 to Pittsburgh Tech Startups

Invest In Women x Pittsburgh is a Chloe Capital signature program, in partnership with Ascender, and supported by the Richard King Mellon Foundation.

[RELEASE] May 24, 2022 – Pittsburgh, PA – Chloe Capital, a New York based venture capital firm that invests in women-led technology companies, is excited to share the success of Invest In Women x Pittsburgh (chloecapital.com/pittsburgh). The accelerator program’s final showcase was held on April 27, 2022, in Pittsburgh, PA in partnership with Ascender, a nonprofit incubator for Pittsburgh’s entrepreneurs, and supported by the Richard King Mellon Foundation.

Despite recent progress, in 2021, businesses solely led by women attracted just 2.2% of all capital raised by venture-backed firms in the U.S., while the global venture capital industry had a record shattering year, with a total of $643 Billion in investments made, according to Pitchbook and Crunchbase.

“We’re elated to have been a part of this event and to contribute to the growing startup culture in Pittsburgh alongside Chloe Capital and the Richard King Mellon Foundation,” said Nadyli Nuñez, executive director at Ascender. “Every city should have an #InvestInWomen program. Such immense benefit directly to founders in an efficient and effective way. This program is a game-changer for our local entrepreneurs.” 

Five women entrepreneurs from the Pittsburgh area were chosen to participate in Invest In Women x Pittsburgh. This unique fundraising experience was designed to move capital to women and minority founders in Allegheny and Westmoreland counties. The cohort received the opportunity to connect with investors and industry leaders for critical feedback on how to scale their companies. In addition, a select group of Ascender startup members received pitch prep from Nuñez and mentoring from Chloe Capital’s Managing Partner, Elisa Miller-Out. 

Leading up to the in-person experience, Pittsburgh-based entrepreneurs were invited to participate in virtual workshops to equip them with essential skills and knowledge for growing their businesses. Some topics included DEI recruiting and funding application writing tips for startups.

To round out the program, the Pittsburgh community was invited to the Founder Showcase held at the Kelly Strayhorn Theater to celebrate the local entrepreneurial community and hear live pitches. In addition to networking, attendees heard from Ascender member and founder of Sustainible, Talpha Harris; and SaLisa Berrien, trustee and graduate of the University of Pittsburgh, and founder of COI Energy. Berrien shared her experiences on being a Chloe Capital portfolio company after receiving an investment from Chloe Capital following her participation in Diversity in ClimateTech this past fall, a partnership with Cornell University and NYSERDA.

At the end of the evening, Chloe Capital announced to the audience a total of $300,000 in investments to three founders creating technology for good: Alison Alvarez of BlastPoint, Holly Adams of GoWell Benefits, and JJ Xu of TalkMeUp.

Additional members of the accelerator cohort to join the Chloe family included Lauren Golembiewski of Voxable and Nehal Bhojak of Lumis. 

“We’re excited to be moving capital to women-led companies in Pittsburgh and contributing to this vibrant, growing tech ecosystem,” added Miller-Out.

Invest In Women x Pittsburgh was made possible by the generous support of the Richard King Mellon Foundation and extensive community of investors. Featured investors included Silvia Mah (Stella Impact Capital), Gabriela Isturiz (The Fund XX), Brandon Greer (HubSpot Ventures), Matt Harbaugh (Mountain State Capital), and Lu Zhang (Fusion Fund). 

“We are excited to support these founders and help them accelerate their ventures through this partnership with Ascender and Chloe Capital,” said Sam Reiman, director of the Richard King Mellon Foundation. “From using AI in customer intelligence and workforce training to disrupting the insurance tech industry, we’re optimistic about the entrepreneurial future for women in our region.”

Contact

Elisa Miller-Out

Managing 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, foundations and corporations 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 20,000 people around the world have joined Chloe Capital’s Movement to #InvestInWomen. ChloeCapital.com 

About Ascender

About Ascender: Ascender, a 501(c)3 and vibrant community of innovators located in East Liberty, helps entrepreneurs start and build their companies by offering educational programming, mentorship, expert coaching, incubation, and a collaborative coworking space. Annually Ascender touches 500 entrepreneurs across many industries and works with both venture track and small businesses. 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 2021 disbursed $152 million in grants and Program Related Investments. The Foundation launched a new ten-year Strategic plan in 2021, focusing funding on six primary program areas: conservation, economic development, economic mobility, health and well-being, organizational effectiveness, and social-impact investing. RKMF.org

Women-Owned Venture Capital Firm from NY Commits $300,000 to Pittsburgh Tech Startups2022-11-28T16:53:37+00:00

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